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Fomento Economico MexicanoB de CV (Fomento Economico MexicanoB de CV) Cyclically Adjusted PS Ratio : 4.46 (As of May. 16, 2024)


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What is Fomento Economico MexicanoB de CV Cyclically Adjusted PS Ratio?

As of today (2024-05-16), Fomento Economico MexicanoB de CV's current share price is $119.85. Fomento Economico MexicanoB de CV's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $26.86. Fomento Economico MexicanoB de CV's Cyclically Adjusted PS Ratio for today is 4.46.

The historical rank and industry rank for Fomento Economico MexicanoB de CV's Cyclically Adjusted PS Ratio or its related term are showing as below:

FMX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.65   Max: 8.46
Current: 4.58

During the past years, Fomento Economico MexicanoB de CV's highest Cyclically Adjusted PS Ratio was 8.46. The lowest was 0.04. And the median was 0.65.

FMX's Cyclically Adjusted PS Ratio is ranked worse than
80.36% of 168 companies
in the Beverages - Alcoholic industry
Industry Median: 1.78 vs FMX: 4.58

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.

Fomento Economico MexicanoB de CV's adjusted revenue per share data for the three months ended in Mar. 2024 was $6.002. 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 $26.86 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fomento Economico MexicanoB de CV Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Fomento Economico MexicanoB de CV'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.

Fomento Economico MexicanoB de CV Cyclically Adjusted PS Ratio Chart

Fomento Economico MexicanoB de CV 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 5.15 6.14 6.35 2.36 5.78

Fomento Economico MexicanoB de CV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 2.97 3.70 4.88 5.78 4.85

Competitive Comparison of Fomento Economico MexicanoB de CV's Cyclically Adjusted PS Ratio

For the Beverages - Brewers subindustry, Fomento Economico MexicanoB de CV'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.


Fomento Economico MexicanoB de CV's Cyclically Adjusted PS Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Fomento Economico MexicanoB de CV's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Fomento Economico MexicanoB de CV's Cyclically Adjusted PS Ratio falls into.



Fomento Economico MexicanoB de CV 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.

Fomento Economico MexicanoB de CV's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=119.85/26.86
=4.46

* 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.

Fomento Economico MexicanoB de CV's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Fomento Economico MexicanoB de CV's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=6.002/152.9470*152.9470
=6.002

Current CPI (Mar. 2024) = 152.9470.

Fomento Economico MexicanoB de CV Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.058 96.609 4.841
201409 3.013 97.652 4.719
201412 2.072 99.469 3.186
201503 2.390 99.973 3.656
201506 2.676 99.382 4.118
201509 2.605 100.112 3.980
201512 2.977 101.588 4.482
201603 2.788 102.573 4.157
201606 2.857 101.905 4.288
201609 2.900 103.084 4.303
201612 3.186 105.002 4.641
201703 3.291 108.063 4.658
201706 72.961 108.339 103.003
201709 3.380 109.628 4.716
201712 3.227 112.114 4.402
201803 3.376 113.505 4.549
201806 3.334 113.373 4.498
201809 3.537 115.130 4.699
201812 3.607 117.530 4.694
201903 3.341 118.050 4.329
201906 3.731 117.848 4.842
201909 3.694 118.581 4.765
201912 3.927 120.854 4.970
202003 2.915 121.885 3.658
202006 2.773 121.777 3.483
202009 3.201 123.341 3.969
202012 3.647 124.661 4.475
202103 3.404 127.574 4.081
202106 3.848 128.936 4.565
202109 3.872 130.742 4.530
202112 2.757 133.830 3.151
202203 4.144 137.082 4.624
202206 4.654 139.233 5.112
202209 4.382 142.116 4.716
202212 4.173 144.291 4.423
202303 4.965 146.472 5.185
202306 6.462 146.272 6.757
202309 6.036 148.446 6.219
202312 5.386 151.017 5.455
202403 6.002 152.947 6.002

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.


Fomento Economico MexicanoB de CV  (NYSE:FMX) 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.


Fomento Economico MexicanoB de CV Cyclically Adjusted PS Ratio Related Terms

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Fomento Economico MexicanoB de CV (Fomento Economico MexicanoB de CV) Business Description

Address
General Anaya No. 601 Pte., Colonia Bella Vista, Monterrey, NL, MEX, 64410
Mexico-based Femsa is a beverage and retail conglomerate in Central and South America. The holding company owns controlling stakes in bottler Coca-Cola Femsa (47% economic stake, 56% voting rights), in addition to operating 100%-owned retail assets, including convenience stores under the Oxxo banner, drugstores, and gas stations. The firm has digested its 15% stake in Heineken and its distribution business in 2023. Coca-Cola Femsa and the Oxxo chain made up 70% of total company revenue and around 75% of profits in 2022.

Fomento Economico MexicanoB de CV (Fomento Economico MexicanoB de CV) Headlines