GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Freshpet Inc (NAS:FRPT) » Definitions » Cyclically Adjusted PS Ratio

Freshpet (Freshpet) Cyclically Adjusted PS Ratio : 12.68 (As of Apr. 27, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Freshpet Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Freshpet's current share price is $106.36. Freshpet's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $8.39. Freshpet's Cyclically Adjusted PS Ratio for today is 12.68.

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

FRPT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.84   Med: 9   Max: 13.83
Current: 12.51

During the past years, Freshpet's highest Cyclically Adjusted PS Ratio was 13.83. The lowest was 6.84. And the median was 9.00.

FRPT's Cyclically Adjusted PS Ratio is ranked worse than
97.71% of 1356 companies
in the Consumer Packaged Goods industry
Industry Median: 0.79 vs FRPT: 12.51

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.

Freshpet's adjusted revenue per share data for the three months ended in Dec. 2023 was $4.462. 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 $8.39 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Freshpet Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Freshpet'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.

Freshpet Cyclically Adjusted PS Ratio Chart

Freshpet 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 - - - 7.39 10.34

Freshpet 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 7.39 8.91 8.54 8.15 10.34

Competitive Comparison of Freshpet's Cyclically Adjusted PS Ratio

For the Packaged Foods subindustry, Freshpet'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.


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

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

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



Freshpet 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=106.36/8.39
=12.68

* 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.

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

For example, Freshpet'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)
=4.462/129.4194*129.4194
=4.462

Current CPI (Dec. 2023) = 129.4194.

Freshpet Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.932 99.695 1.210
201406 0.982 100.560 1.264
201409 0.708 100.428 0.912
201412 0.732 99.070 0.956
201503 0.808 99.621 1.050
201506 0.847 100.684 1.089
201509 0.912 100.392 1.176
201512 0.901 99.792 1.168
201603 0.938 100.470 1.208
201606 0.984 101.688 1.252
201609 1.011 101.861 1.285
201612 0.906 101.863 1.151
201703 1.003 102.862 1.262
201706 1.130 103.349 1.415
201709 1.157 104.136 1.438
201712 1.138 104.011 1.416
201803 1.229 105.290 1.511
201806 1.351 106.317 1.645
201809 1.435 106.507 1.744
201812 1.453 105.998 1.774
201903 1.536 107.251 1.853
201906 1.671 108.070 2.001
201909 1.750 108.329 2.091
201912 1.821 108.420 2.174
202003 1.872 108.902 2.225
202006 1.927 108.767 2.293
202009 2.019 109.815 2.379
202012 2.078 109.897 2.447
202103 2.244 111.754 2.599
202106 2.508 114.631 2.832
202109 2.481 115.734 2.774
202112 2.670 117.630 2.938
202203 3.043 121.301 3.247
202206 3.199 125.017 3.312
202209 3.162 125.227 3.268
202212 3.446 125.222 3.562
202303 3.487 127.348 3.544
202306 3.809 128.729 3.829
202309 4.163 129.860 4.149
202312 4.462 129.419 4.462

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.


Freshpet  (NAS:FRPT) 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.


Freshpet Cyclically Adjusted PS Ratio Related Terms

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


Freshpet (Freshpet) Business Description

Traded in Other Exchanges
Address
400 Plaza Drive, 1st Floor, Secaucus, NJ, USA, 07094
Freshpet Inc manufactures and markets natural fresh meals and treats for dogs and cats. The Company's products are distributed throughout the United States, Canada and other international markets, into major retail classes including Grocery (including online), Mass and Club, Pet Specialty, and Natural retail. The company's products include Nature's Fresh, Deli Fresh, Vital, and Freshpet among others.
Executives
Stephen Macchiaverna officer: EVP, Secretary & Treasurer C/O FRESHPET, INC., 400 PLAZA DRIVE, 1ST FLOOR, SECAUCUS NJ 07094
Nishu D. Patel officer: Vice President and Controller C/O FRESHPET, INC., 400 PLAZA DRIVE, 1ST FLOOR, SECAUCUS NJ 07094
Walter N. George director 4100 N. MULBERRY DRIVE, SUITE 200, KANSAS CITY MO 64116
David J West director 100 CRYSTAL A DRIVE, HERSHEY PA 17033
David Biegger director ONE CAMPBELL PLACE, CAMDEN NJ 08103
Cathal Walsh officer: See Remarks C/O FRESHPET, INC., 400 PLAZA DRIVE, 1ST FLOOR, SECAUCUS NJ 07094
Todd E Cunfer officer: Chief Financial Officer 1225 17TH STREET, SUITE 1000, DENVER CO 80202
Stephen Weise officer: EVp of Manufg & Supply Chain C/O FRESHPET, INC., 400 PLAZA DRIVE, 1ST FLOOR, SECAUCUS NJ 07094
J David Basto director C/O FRESHPET, INC., 400 PLAZA DRIVE, 1ST FLOOR, SECAUCUS NJ 07094
Charles A Norris director, 10 percent owner 481 DENSLOW AVE, LOS ANGELES CA 90049
William B. Cyr officer: Chief Executive Officer C/O FRESHPET, INC., 400 PLAZA DRIVE, 1ST FLOOR, SECAUCUS NJ 07094
Scott James Morris officer: Chief Marketing Officer C/O FRESHPET, INC., 400 PLAZA DRIVE, 1ST FLOOR, SECAUCUS NJ 07094
Ivan Garcia officer: VP of Finance & Controller C/O FRESHPET, INC., 400 PLAZA DRIVE, 1ST FLOOR, SECAUCUS NJ 07094
Craig D. Steeneck director 13665 VANDERBILT DRIVE, UNIT 704, NAPLES FL 34110
Daryl G Brewster director KRISPY KREME DOUGHNUTS, INC., 370 KNOLLWOOD STREET, SUITE 500, WINSTON-SALEM NC 27103