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Honeywell Flour Mills (NSA:HFM) Cyclically Adjusted PS Ratio : 0.26 (As of Jun. 09, 2024)


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What is Honeywell Flour Mills Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Honeywell Flour Mills's current share price is ₦3.15. Honeywell Flour Mills's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 was ₦11.95. Honeywell Flour Mills's Cyclically Adjusted PS Ratio for today is 0.26.

The historical rank and industry rank for Honeywell Flour Mills's Cyclically Adjusted PS Ratio or its related term are showing as below:

NSA:HFM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.21   Max: 0.49
Current: 0.26

During the past 13 years, Honeywell Flour Mills's highest Cyclically Adjusted PS Ratio was 0.49. The lowest was 0.12. And the median was 0.21.

NSA:HFM's Cyclically Adjusted PS Ratio is ranked better than
82.47% of 1386 companies
in the Consumer Packaged Goods industry
Industry Median: 0.79 vs NSA:HFM: 0.26

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Honeywell Flour Mills's adjusted revenue per share data of for the fiscal year that ended in Mar23 was ₦18.581. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is ₦11.95 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Honeywell Flour Mills Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Honeywell Flour Mills's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Honeywell Flour Mills Cyclically Adjusted PS Ratio Chart

Honeywell Flour Mills Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.13 0.14 0.34 0.18

Honeywell Flour Mills Semi-Annual Data
Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.18 0.13 0.14 0.34 0.18

Competitive Comparison of Honeywell Flour Mills's Cyclically Adjusted PS Ratio

For the Packaged Foods subindustry, Honeywell Flour Mills's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Honeywell Flour Mills's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Honeywell Flour Mills's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Honeywell Flour Mills's Cyclically Adjusted PS Ratio falls into.



Honeywell Flour Mills Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Honeywell Flour Mills's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.15/11.95
=0.26

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Honeywell Flour Mills's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Honeywell Flour Mills's adjusted Revenue per Share data for the fiscal year that ended in Mar23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=18.581/127.3478*127.3478
=18.581

Current CPI (Mar23) = 127.3478.

Honeywell Flour Mills Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 6.946 99.695 8.873
201503 6.186 99.621 7.908
201603 6.416 100.470 8.132
201703 6.712 102.862 8.310
201803 9.013 105.290 10.901
201903 9.383 107.251 11.141
202003 10.145 108.902 11.863
202103 13.820 111.754 15.748
202203 17.204 121.301 18.062
202303 18.581 127.348 18.581

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Honeywell Flour Mills  (NSA:HFM) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Honeywell Flour Mills Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Honeywell Flour Mills's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Honeywell Flour Mills (NSA:HFM) Business Description

Traded in Other Exchanges
N/A
Address
2nd Gate Bye-Pass, Tin Can Island, Apapa, Lagos, NGA
Honeywell Flour Mills PLC is a Nigeria-based company. It is engaged in the manufacturing of wheat-based products such as flour, semolina, whole wheat meal, noodles, and pasta. The company operates its business through geographical segments that are Ikeja, which manufacture noodles; Sagamu segment manufactures Pasta and Apapa, which manufactures flour, semolina, wheat meal, brown flour and Baker's delight flour. The Apapa generates maximum revenue for the company. The company offers its services throughout Nigeria region.

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