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San Miguel (San Miguel) Cyclically Adjusted PS Ratio : 0.20 (As of May. 15, 2024)


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What is San Miguel Cyclically Adjusted PS Ratio?

As of today (2024-05-15), San Miguel's current share price is $1.798. San Miguel's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $8.84. San Miguel's Cyclically Adjusted PS Ratio for today is 0.20.

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

SMGBF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.36   Max: 0.68
Current: 0.22

During the past years, San Miguel's highest Cyclically Adjusted PS Ratio was 0.68. The lowest was 0.21. And the median was 0.36.

SMGBF's Cyclically Adjusted PS Ratio is ranked better than
81.31% of 444 companies
in the Conglomerates industry
Industry Median: 0.775 vs SMGBF: 0.22

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.

San Miguel's adjusted revenue per share data for the three months ended in Dec. 2023 was $2.818. 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 $8.84 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


San Miguel Cyclically Adjusted PS Ratio Historical Data

The historical data trend for San Miguel'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.

San Miguel Cyclically Adjusted PS Ratio Chart

San Miguel Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.37 0.30 0.21 0.21

San Miguel Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.21 0.24 0.23 0.22 0.21

Competitive Comparison of San Miguel's Cyclically Adjusted PS Ratio

For the Conglomerates subindustry, San Miguel'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.


San Miguel's Cyclically Adjusted PS Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, San Miguel's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where San Miguel's Cyclically Adjusted PS Ratio falls into.



San Miguel 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.

San Miguel's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.798/8.84
=0.20

* 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.

San Miguel's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, San Miguel's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.818/129.4194*129.4194
=2.818

Current CPI (Dec. 2023) = 129.4194.

San Miguel Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.420 99.695 1.843
201406 1.294 100.560 1.665
201409 1.411 100.428 1.818
201412 1.303 99.070 1.702
201503 1.150 99.621 1.494
201506 1.295 100.684 1.665
201509 1.240 100.392 1.599
201512 1.238 99.792 1.606
201603 1.166 100.470 1.502
201606 1.245 101.688 1.585
201609 1.238 101.861 1.573
201612 1.367 101.863 1.737
201703 1.431 102.862 1.800
201706 1.447 103.349 1.812
201709 1.146 104.136 1.424
201712 1.677 104.011 2.087
201803 1.713 105.290 2.106
201806 1.936 106.317 2.357
201809 1.917 106.507 2.329
201812 1.926 105.998 2.352
201903 1.834 107.251 2.213
201906 1.890 108.070 2.263
201909 1.821 108.329 2.176
201912 1.914 108.420 2.285
202003 1.565 108.902 1.860
202006 1.243 108.767 1.479
202009 1.304 109.815 1.537
202012 1.423 109.897 1.676
202103 1.470 111.754 1.702
202106 1.527 114.631 1.724
202109 1.758 115.734 1.966
202112 2.124 117.630 2.337
202203 2.315 121.301 2.470
202206 3.484 125.017 3.607
202209 3.278 125.227 3.388
202212 2.880 125.222 2.977
202303 2.534 127.348 2.575
202306 2.900 128.729 2.916
202309 2.747 129.860 2.738
202312 2.818 129.419 2.818

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.


San Miguel  (OTCPK:SMGBF) 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.


San Miguel Cyclically Adjusted PS Ratio Related Terms

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


San Miguel (San Miguel) Business Description

Address
No. 40 San Miguel Avenue, Metro Manila, P.O. Box 271, Manila Central Post Office, Mandaluyong, PHL, 1550
San Miguel Corp is a holding company based in the Philippines. The company's operating segments include food and beverage; packaging; energy; fuel and oil; and infrastructure. The company generates a majority of its revenue from the fuel and oil segments. The fuel and oil segment is engaged in refining crude oil and marketing and distribution of refined petroleum products.

San Miguel (San Miguel) Headlines

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