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BRF (BRFS) Cyclically Adjusted PS Ratio : 0.32 (As of Apr. 27, 2024)


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What is BRF Cyclically Adjusted PS Ratio?

As of today (2024-04-27), BRF's current share price is $3.45. BRF's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $10.76. BRF's Cyclically Adjusted PS Ratio for today is 0.32.

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

BRFS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.69   Max: 1.94
Current: 0.32

During the past years, BRF's highest Cyclically Adjusted PS Ratio was 1.94. The lowest was 0.11. And the median was 0.69.

BRFS's Cyclically Adjusted PS Ratio is ranked better than
76.62% of 1356 companies
in the Consumer Packaged Goods industry
Industry Median: 0.79 vs BRFS: 0.32

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.

BRF's adjusted revenue per share data for the three months ended in Dec. 2023 was $1.749. 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 $10.76 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


BRF Cyclically Adjusted PS Ratio Historical Data

The historical data trend for BRF'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.

BRF Cyclically Adjusted PS Ratio Chart

BRF 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 0.80 0.47 0.43 0.16 0.26

BRF 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 0.16 0.12 0.17 0.19 0.26

Competitive Comparison of BRF's Cyclically Adjusted PS Ratio

For the Packaged Foods subindustry, BRF'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.


BRF's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

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

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



BRF 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.

BRF's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.45/10.76
=0.32

* 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.

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

For example, BRF'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)
=1.749/156.2729*156.2729
=1.749

Current CPI (Dec. 2023) = 156.2729.

BRF Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.191 90.447 5.513
201406 3.556 91.838 6.051
201409 3.353 92.602 5.658
201412 3.343 94.194 5.546
201503 2.494 97.799 3.985
201506 2.900 100.006 4.532
201509 3.010 101.392 4.639
201512 2.677 104.247 4.013
201603 2.590 106.979 3.783
201606 2.963 108.851 4.254
201609 3.064 109.986 4.353
201612 0.974 110.802 1.374
201703 2.975 111.869 4.156
201706 2.884 112.115 4.020
201709 3.296 112.777 4.567
201712 1.334 114.068 1.828
201803 2.516 114.868 3.423
201806 2.199 117.038 2.936
201809 2.228 117.881 2.954
201812 2.504 118.340 3.307
201903 2.248 120.124 2.925
201906 2.537 120.977 3.277
201909 2.409 121.292 3.104
201912 3.242 123.436 4.104
202003 2.148 124.092 2.705
202006 2.062 123.557 2.608
202009 2.171 125.095 2.712
202012 3.288 129.012 3.983
202103 2.323 131.660 2.757
202106 2.864 133.871 3.343
202109 2.906 137.913 3.293
202112 3.008 141.992 3.311
202203 2.484 146.537 2.649
202206 2.379 149.784 2.482
202209 2.487 147.800 2.630
202212 2.611 150.207 2.716
202303 2.347 153.352 2.392
202306 2.332 154.519 2.358
202309 1.748 155.464 1.757
202312 1.749 156.273 1.749

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.


BRF  (NYSE:BRFS) 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.


BRF Cyclically Adjusted PS Ratio Related Terms

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


BRF (BRFS) Business Description

Address
Avenida das Nacoes Unidas, 8501 – 1st Floor, Pinheiros, Sao Paulo, SP, BRA, 05425-070
BRF SA is an international producer of fresh and frozen protein foods. The firm's segments are In natura (poultry, pork, bovine, and other), Processed foods, and Other sales. The product portfolio includes marinated, frozen, whole and cut meat, specialty meats, portioned products, and frozen prepared entrees. The company also offers margarine, sweet specialties, sandwiches, mayonnaise, and animal feed. Its most well-known brands are Sadia, Chester, Perdix, Paty, Perdigao, and Qualy. Internationally, the portfolio's leading brand is Sadia, which is present in multiple categories in Middle Eastern countries. Geographically, sales are distributed evenly between Brazil and international markets.

BRF (BRFS) Headlines

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