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National Beverage (National Beverage) Cyclically Adjusted PS Ratio : 3.63 (As of Apr. 27, 2024)


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What is National Beverage Cyclically Adjusted PS Ratio?

As of today (2024-04-27), National Beverage's current share price is $43.56. National Beverage's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was $12.01. National Beverage's Cyclically Adjusted PS Ratio for today is 3.63.

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

FIZZ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.08   Med: 3.91   Max: 8.3
Current: 3.63

During the past years, National Beverage's highest Cyclically Adjusted PS Ratio was 8.30. The lowest was 1.08. And the median was 3.91.

FIZZ's Cyclically Adjusted PS Ratio is ranked worse than
79.75% of 79 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 1.43 vs FIZZ: 3.63

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.

National Beverage's adjusted revenue per share data for the three months ended in Jan. 2024 was $2.884. 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 $12.01 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


National Beverage Cyclically Adjusted PS Ratio Historical Data

The historical data trend for National Beverage'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.

National Beverage Cyclically Adjusted PS Ratio Chart

National Beverage Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.31 2.85 5.09 4.11 4.29

National Beverage Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 3.89 4.29 4.48 3.88 3.85

Competitive Comparison of National Beverage's Cyclically Adjusted PS Ratio

For the Beverages - Non-Alcoholic subindustry, National Beverage'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.


National Beverage's Cyclically Adjusted PS Ratio Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, National Beverage's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



National Beverage 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.

National Beverage's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=43.56/12.01
=3.63

* 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.

National Beverage's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, National Beverage's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=2.884/129.4194*129.4194
=2.884

Current CPI (Jan. 2024) = 129.4194.

National Beverage Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 1.766 100.023 2.285
201407 1.877 100.520 2.417
201410 1.757 100.176 2.270
201501 1.535 98.604 2.015
201504 1.767 99.824 2.291
201507 1.990 100.691 2.558
201510 1.915 100.346 2.470
201601 1.731 99.957 2.241
201604 1.915 100.947 2.455
201607 2.321 101.524 2.959
201610 2.173 101.988 2.757
201701 2.080 102.456 2.627
201704 2.266 103.167 2.843
201707 2.769 103.278 3.470
201710 2.601 104.070 3.235
201801 2.424 104.578 3.000
201804 2.603 105.708 3.187
201807 3.118 106.324 3.795
201810 2.778 106.695 3.370
201901 2.353 106.200 2.867
201904 2.558 107.818 3.070
201907 2.811 108.250 3.361
201910 2.684 108.577 3.199
202001 2.380 108.841 2.830
202004 2.806 108.173 3.357
202007 3.137 109.318 3.714
202010 2.899 109.861 3.415
202101 2.627 110.364 3.081
202104 2.789 112.673 3.204
202107 3.331 115.183 3.743
202110 3.024 116.696 3.354
202201 2.766 118.619 3.018
202204 3.037 121.978 3.222
202207 3.399 125.002 3.519
202210 3.201 125.734 3.295
202301 2.868 126.223 2.941
202304 3.062 127.992 3.096
202307 3.464 128.974 3.476
202310 3.206 129.810 3.196
202401 2.884 129.419 2.884

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.


National Beverage  (NAS:FIZZ) 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.


National Beverage Cyclically Adjusted PS Ratio Related Terms

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


National Beverage (National Beverage) Business Description

Traded in Other Exchanges
Address
8100 SW Tenth Street, Suite 4000, Fort Lauderdale, FL, USA, 33324
National Beverage Corp is a non-alcoholic beverage company in the U.S. Its portfolio skews toward functional drinks (that is those purporting to offer health benefits) and is anchored by the popular LaCroix sparkling water trademark. Other offerings include Rip It energy drinks, Everfresh juices, and soda brands like Shasta and Faygo. The firm controls the majority of its production and distribution apparatus, with very little outsourcing. In terms of go-to-market, it uses warehouse distribution for big-box retailers, direct-store delivery for convenience stores and other small outlets, and food-service distributors for the food-service channel (schools, hospitals, restaurants). It is controlled by chairman and CEO Nick Caporella, who owns over 73% of the common stock.
Executives
Cecil D Conlee director 950 E PACES FERRY RD, SUITE 2275, ATLANTA GA 30326
Stanley Michael Sheridan director 6203 PLUM DRIVE, WILLIAMSBURG MI 49690
Nick A Caporella director, 10 percent owner, officer: COB & CEO ONE NORTH UNIVERSITY DRIVE, BUILDING A, 4TH FLOOR, PLANTATION FL 33324
Joseph G Caporella director, officer: President 8100 SW 10TH STREET, SUITE 4000, PLANTATION FL 33324
Dennis L Thompson officer: EVP - Shasta Beverages, Inc. 8100 SW 10TH STREET, SUITE 4000, PLANTATION FL 33324
Gregory P Cook officer: VP - CONTROLLER & CAO 8100 SW 10TH STREET, SUITE 4000, PLANTATION FL 33324
Samuel C Hathorn director 8100 SW 10TH STREET, SUITE 4000, PLANTATION FL 33324
Gregory I Roberts officer: EVP - National BevPak 8100 SW 10TH STREET, SUITE 4000, PLANTATION FL 33324
George R Bracken officer: EVP Finance 8100 SW 10TH STREET, SUITE 4000, PLANTATION FL 33324
Hagan John Ronald Jr officer: SEVP, Shasta Beverages, Inc. 8100 SW 10TH STREET, SUITE 4000, PLANTATION FL 33324
Kloch Joseph P Jr director ONE NORTH UNIVERSITY DRIVE, BUILDING A, 4TH FLOOR, PLANTATION FL 33324
Dean A Mccoy officer: Senior VP-Controller ONE NORTH UNIVERSITY DRIVE, BUILDING A, 4TH FLOOR, PLANTATION FL 33324
Edward F Knecht officer: EVP - Procurement ONE NORTH UNIVERSITY DRIVE, BUILDING A,, 4TH FLOOR, PLANTATION FL 33324
S Lee Kling director 1401 S BRENTWOOD BLVD, ST LOUIS MO 63144