GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Modern Plant Based Foods Inc (XCNQ:MEAT) » Definitions » Cyclically Adjusted PS Ratio

Modern Plant Based Foods (XCNQ:MEAT) Cyclically Adjusted PS Ratio : 0.84 (As of May. 25, 2024)


View and export this data going back to 2016. Start your Free Trial

What is Modern Plant Based Foods Cyclically Adjusted PS Ratio?

As of today (2024-05-25), Modern Plant Based Foods's current share price is C$0.345. Modern Plant Based Foods's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was C$0.41. Modern Plant Based Foods's Cyclically Adjusted PS Ratio for today is 0.84.

The historical rank and industry rank for Modern Plant Based Foods's Cyclically Adjusted PS Ratio or its related term are showing as below:

XCNQ:MEAT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.84   Med: 7.04   Max: 493.75
Current: 0.85

During the past years, Modern Plant Based Foods's highest Cyclically Adjusted PS Ratio was 493.75. The lowest was 0.84. And the median was 7.04.

XCNQ:MEAT's Cyclically Adjusted PS Ratio is ranked worse than
51.78% of 1377 companies
in the Consumer Packaged Goods industry
Industry Median: 0.82 vs XCNQ:MEAT: 0.85

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.

Modern Plant Based Foods's adjusted revenue per share data for the three months ended in Feb. 2024 was C$0.025. 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 C$0.41 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Modern Plant Based Foods Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Modern Plant Based Foods'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.

Modern Plant Based Foods Cyclically Adjusted PS Ratio Chart

Modern Plant Based Foods Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 521.25 36.92 7.47 2.76

Modern Plant Based Foods Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 7.18 3.33 2.76 1.99 1.23

Competitive Comparison of Modern Plant Based Foods's Cyclically Adjusted PS Ratio

For the Packaged Foods subindustry, Modern Plant Based Foods'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.


Modern Plant Based Foods's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Modern Plant Based Foods's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Modern Plant Based Foods's Cyclically Adjusted PS Ratio falls into.



Modern Plant Based Foods 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.

Modern Plant Based Foods's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.345/0.41
=0.84

* 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.

Modern Plant Based Foods's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Modern Plant Based Foods's adjusted Revenue per Share data for the three months ended in Feb. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.025/125.4675*125.4675
=0.025

Current CPI (Feb. 2024) = 125.4675.

Modern Plant Based Foods Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 0.000 98.920 0.000
201407 0.000 99.315 0.000
201410 0.000 99.473 0.000
201501 0.000 98.209 0.000
201504 0.000 99.710 0.000
201507 0.000 100.579 0.000
201510 0.000 100.500 0.000
201601 0.000 100.184 0.000
201604 0.000 101.370 0.000
201607 0.000 101.844 0.000
201610 0.000 102.002 0.000
201701 0.000 102.318 0.000
201704 0.000 103.029 0.000
201707 0.000 103.029 0.000
201710 0.000 103.424 0.000
201801 0.000 104.056 0.000
201804 0.000 105.320 0.000
201807 0.000 106.110 0.000
201810 0.000 105.952 0.000
201901 0.000 105.557 0.000
201904 0.000 107.453 0.000
201907 0.000 108.243 0.000
201910 0.000 107.927 0.000
202001 0.000 108.085 0.000
202004 0.000 107.216 0.000
202008 0.020 108.243 0.023
202011 0.067 108.796 0.077
202102 0.168 109.745 0.192
202105 0.241 111.404 0.271
202108 0.279 112.668 0.311
202111 0.188 113.932 0.207
202202 0.142 115.986 0.154
202205 0.079 120.016 0.083
202208 0.029 120.569 0.030
202211 0.051 121.675 0.053
202302 0.036 122.070 0.037
202305 0.022 124.045 0.022
202308 0.014 125.389 0.014
202311 0.021 125.468 0.021
202402 0.025 125.468 0.025

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.


Modern Plant Based Foods  (XCNQ:MEAT) 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.


Modern Plant Based Foods Cyclically Adjusted PS Ratio Related Terms

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


Modern Plant Based Foods (XCNQ:MEAT) Business Description

Traded in Other Exchanges
Address
700 West Georgia Street, Suite 2500, Vancouver, BC, CAN, V7Y 1B3
Modern Plant Based Foods Inc is a Canadian food company based in Vancouver, British Columbia that offers a portfolio of plant-based products including meat alternatives, dairy-free cheeses, homemade style soups and vegan snacks. The company understands the importance of providing nutritious and sustainable alternatives without sacrificing taste. All products are made free of soy, gluten, nuts and GMOs. Modern Plant-Based Foods' objective is to change the way food is produced and consumed for the benefit of people, animals and the environment by using natural plant-based ingredients. The products are available for purchase at various retail locations and on e-commerce platforms.

Modern Plant Based Foods (XCNQ:MEAT) Headlines

No Headlines