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Tate & Lyle (Tate & Lyle) Cyclically Adjusted PS Ratio : (As of May. 24, 2024)


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What is Tate & Lyle Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tate & Lyle Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Tate & Lyle'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.

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Tate & Lyle Cyclically Adjusted PS Ratio Chart

Tate & Lyle Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.04 1.28 1.26 1.16 -

Tate & Lyle Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 1.26 - 1.16 - -

Competitive Comparison of Tate & Lyle's Cyclically Adjusted PS Ratio

For the Packaged Foods subindustry, Tate & Lyle'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.


Tate & Lyle's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tate & Lyle's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Tate & Lyle's Cyclically Adjusted PS Ratio falls into.



Tate & Lyle 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.

Tate & Lyle's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Tate & Lyle's adjusted Revenue per Share data for the fiscal year that ended in Mar24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=5.178/131.6000*131.6000
=5.178

Current CPI (Mar24) = 131.6000.

Tate & Lyle Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 8.723 99.600 11.526
201603 8.368 100.400 10.968
201703 8.415 102.700 10.783
201803 9.395 105.100 11.764
201903 9.020 107.000 11.094
202003 8.843 108.600 10.716
202103 4.175 109.700 5.008
202203 3.851 116.500 4.350
202303 5.165 126.800 5.361
202403 5.178 131.600 5.178

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.


Tate & Lyle  (OTCPK:TATYF) 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.


Tate & Lyle Cyclically Adjusted PS Ratio Related Terms

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Tate & Lyle (Tate & Lyle) Business Description

Traded in Other Exchanges
Address
5 Marble Arch, London, GBR, W1H 7EJ
Tate & Lyle is a global provider of food and beverage ingredients and solutions. Following the sale in 2022 of a controlling stake in its commodity ingredients business, as well as its exit from the sugar business a decade earlier, Tate & Lyle is now focused on specialty ingredients—sweeteners, starches, and soluble fiber. It has 2,700 employees and operates in over 140 countries, with most of its revenue generated in North America.