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Yum Brands (FRA:TGR) Cyclically Adjusted PS Ratio : 6.76 (As of Apr. 28, 2024)


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What is Yum Brands Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Yum Brands's current share price is €131.80. Yum Brands's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €19.49. Yum Brands's Cyclically Adjusted PS Ratio for today is 6.76.

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

FRA:TGR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.96   Med: 3.79   Max: 6.55
Current: 6.55

During the past years, Yum Brands's highest Cyclically Adjusted PS Ratio was 6.55. The lowest was 1.96. And the median was 3.79.

FRA:TGR's Cyclically Adjusted PS Ratio is ranked worse than
94.19% of 241 companies
in the Restaurants industry
Industry Median: 0.79 vs FRA:TGR: 6.55

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.

Yum Brands's adjusted revenue per share data for the three months ended in Dec. 2023 was €6.621. 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 €19.49 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yum Brands Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Yum Brands'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.

Yum Brands Cyclically Adjusted PS Ratio Chart

Yum Brands 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 4.54 5.03 6.29 5.78 6.04

Yum Brands 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 5.78 5.90 6.18 5.62 6.04

Competitive Comparison of Yum Brands's Cyclically Adjusted PS Ratio

For the Restaurants subindustry, Yum Brands'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.


Yum Brands's Cyclically Adjusted PS Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Yum Brands's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Yum Brands 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.

Yum Brands's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=131.80/19.49
=6.76

* 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.

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

For example, Yum Brands'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)
=6.621/129.4194*129.4194
=6.621

Current CPI (Dec. 2023) = 129.4194.

Yum Brands Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 4.319 99.695 5.607
201406 5.183 100.560 6.670
201409 5.758 100.428 7.420
201412 -4.890 99.070 -6.388
201503 5.432 99.621 7.057
201506 6.217 100.684 7.991
201509 6.877 100.392 8.865
201512 -5.747 99.792 -7.453
201603 3.078 100.470 3.965
201606 3.236 101.688 4.118
201609 3.424 101.861 4.350
201612 4.832 101.863 6.139
201703 3.640 102.862 4.580
201706 3.600 103.349 4.508
201709 3.413 104.136 4.242
201712 3.851 104.011 4.792
201803 3.270 105.290 4.019
201806 3.538 106.317 4.307
201809 3.668 106.507 4.457
201812 4.280 105.998 5.226
201903 3.523 107.251 4.251
201906 3.692 108.070 4.421
201909 3.884 108.329 4.640
201912 4.918 108.420 5.871
202003 3.723 108.902 4.424
202006 3.465 108.767 4.123
202009 4.004 109.815 4.719
202012 4.667 109.897 5.496
202103 4.093 111.754 4.740
202106 4.374 114.631 4.938
202109 4.520 115.734 5.054
202112 5.651 117.630 6.217
202203 4.778 121.301 5.098
202206 5.337 125.017 5.525
202209 5.731 125.227 5.923
202212 6.641 125.222 6.864
202303 5.391 127.348 5.479
202306 5.444 128.729 5.473
202309 5.596 129.860 5.577
202312 6.621 129.419 6.621

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.


Yum Brands  (FRA:TGR) 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.


Yum Brands Cyclically Adjusted PS Ratio Related Terms

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


Yum Brands (FRA:TGR) Business Description

Address
1441 Gardiner Lane, Louisville, KY, USA, 40213
Yum Brands is a U.S.-based restaurant operator featuring a portfolio of four brands: KFC (27,760 global units at year-end 2022), Pizza Hut (19,034 units), Taco Bell (8,203 units), and The Habit Burger Grill (346 units). With $59 billion in 2022 systemwide sales, the firm is the second-largest restaurant company in the world behind McDonald's ($116 billion), ahead of Restaurant Brands International ($39 billion) and Starbucks ($27 billion). Yum is 98% franchised, with the largest franchisee, Yum China, spun out in 2016 (after which Yum China agreed to pay 3% royalties to Yum Brands in perpetuity). Yum is the newest evolution of Tricon, formerly a division of PepsiCo, and generates the bulk of its revenue from franchise royalties and marketing contributions.