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JBS (JBSAY) Cyclically Adjusted PS Ratio : 0.19 (As of Apr. 28, 2024)


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What is JBS Cyclically Adjusted PS Ratio?

As of today (2024-04-28), JBS's current share price is $8.93. JBS's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $46.91. JBS's Cyclically Adjusted PS Ratio for today is 0.19.

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

JBSAY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.33   Max: 0.62
Current: 0.2

During the past years, JBS's highest Cyclically Adjusted PS Ratio was 0.62. The lowest was 0.15. And the median was 0.33.

JBSAY's Cyclically Adjusted PS Ratio is ranked better than
87.24% of 1356 companies
in the Consumer Packaged Goods industry
Industry Median: 0.79 vs JBSAY: 0.20

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.

JBS's adjusted revenue per share data for the three months ended in Dec. 2023 was $17.856. 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 $46.91 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


JBS Cyclically Adjusted PS Ratio Historical Data

The historical data trend for JBS'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.

JBS Cyclically Adjusted PS Ratio Chart

JBS 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 0.46 0.36 0.46 0.22 0.22

JBS 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 0.22 0.17 0.16 0.16 0.22

Competitive Comparison of JBS's Cyclically Adjusted PS Ratio

For the Packaged Foods subindustry, JBS'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.


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

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

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



JBS 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.93/46.91
=0.19

* 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.

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

For example, JBS'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)
=17.856/156.2729*156.2729
=17.856

Current CPI (Dec. 2023) = 156.2729.

JBS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 8.129 90.447 14.045
201406 9.184 91.838 15.628
201409 8.674 92.602 14.638
201412 6.984 94.194 11.587
201503 7.101 97.799 11.347
201506 8.618 100.006 13.467
201509 7.327 101.392 11.293
201512 8.653 104.247 12.971
201603 8.627 106.979 12.602
201606 9.549 108.851 13.709
201609 8.950 109.986 12.717
201612 10.289 110.802 14.511
201703 8.351 111.869 11.666
201706 9.367 112.115 13.056
201709 9.567 112.777 13.257
201712 7.988 114.068 10.944
201803 8.439 114.868 11.481
201806 8.628 117.038 11.520
201809 8.977 117.881 11.901
201812 10.889 118.340 14.379
201903 8.481 120.124 11.033
201906 9.982 120.977 12.894
201909 9.410 121.292 12.124
201912 11.544 123.436 14.615
202003 8.156 124.092 10.271
202006 9.380 123.557 11.864
202009 9.319 125.095 11.642
202012 13.293 129.012 16.102
202103 10.335 131.660 12.267
202106 13.825 133.871 16.139
202109 13.562 137.913 15.367
202112 14.487 141.992 15.944
202203 16.925 146.537 18.049
202206 16.007 149.784 16.700
202209 16.521 147.800 17.468
202212 18.329 150.207 19.069
202303 15.338 153.352 15.630
202306 16.588 154.519 16.776
202309 16.367 155.464 16.452
202312 17.856 156.273 17.856

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.


JBS  (OTCPK:JBSAY) 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.


JBS Cyclically Adjusted PS Ratio Related Terms

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


JBS (JBSAY) Business Description

Traded in Other Exchanges
Address
Avenue Marginal Direita do Tiete, 500, Bloco 3, Vila Jaguara, Sao Paulo, SP, BRA, 05118-100
JBS SA is an international company involved in beef, lamb, and poultry processing. It is originally from Brazil. JBS is one of the world's exporters of animal protein, selling to more than 150 countries. Sales offices are in Brazil, the United States, Australia, Canada, Argentina, Uruguay, Paraguay, Mexico, Italy, Ireland, the United Kingdom, France, the Netherlands, China, and Russia, among others. The company also sells hygiene and cleaning products, collagen, metal packaging, and biodiesel, among others.

JBS (JBSAY) Headlines

From GuruFocus

JBS ANNOUNCES NEW CHIEF ETHICS & COMPLIANCE OFFICER

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Seeking Value in Brazil

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B3 confirms JBS in the Carbon Efficient Index

By PRNewswire PRNewswire 01-06-2021

Caught in a Corruption Scandal, JBS Stock Plummets

By Lovisa Alvin Lovisa Alvin 05-24-2017

JBS SA Stock Appears To Be Modestly Overvalued

By GF Value GF Value 04-30-2021