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Universal (Universal) Cyclically Adjusted PS Ratio : 0.53 (As of May. 15, 2024)


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What is Universal Cyclically Adjusted PS Ratio?

As of today (2024-05-15), Universal's current share price is $54.03. Universal's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $102.13. Universal's Cyclically Adjusted PS Ratio for today is 0.53.

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

UVV' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.43   Med: 0.57   Max: 0.82
Current: 0.53

During the past years, Universal's highest Cyclically Adjusted PS Ratio was 0.82. The lowest was 0.43. And the median was 0.57.

UVV's Cyclically Adjusted PS Ratio is ranked better than
71.43% of 35 companies
in the Tobacco Products industry
Industry Median: 1.78 vs UVV: 0.53

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.

Universal's adjusted revenue per share data for the three months ended in Dec. 2023 was $32.787. 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 $102.13 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Universal Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Universal'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.

Universal Cyclically Adjusted PS Ratio Chart

Universal Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.47 0.64 0.60 0.52

Universal 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 0.53 0.52 0.49 0.46 0.66

Competitive Comparison of Universal's Cyclically Adjusted PS Ratio

For the Tobacco subindustry, Universal'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.


Universal's Cyclically Adjusted PS Ratio Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Universal's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Universal 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=54.03/102.13
=0.53

* 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.

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

For example, Universal'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)
=32.787/129.4194*129.4194
=32.787

Current CPI (Dec. 2023) = 129.4194.

Universal Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 24.290 99.695 31.532
201406 11.690 100.560 15.045
201409 19.742 100.428 25.441
201412 26.795 99.070 35.004
201503 27.924 99.621 36.277
201506 12.174 100.684 15.648
201509 16.387 100.392 21.125
201512 20.987 99.792 27.218
201603 35.390 100.470 45.587
201606 12.997 101.688 16.541
201609 16.338 101.861 20.758
201612 23.887 101.863 30.349
201703 25.718 102.862 32.358
201706 11.104 103.349 13.905
201709 19.112 104.136 23.752
201712 25.671 104.011 31.942
201803 23.923 105.290 29.406
201806 15.018 106.317 18.281
201809 21.296 106.507 25.877
201812 25.077 105.998 30.618
201903 26.516 107.251 31.997
201906 11.743 108.070 14.063
201909 18.888 108.329 22.565
201912 20.158 108.420 24.062
202003 25.396 108.902 30.181
202006 12.784 108.767 15.211
202009 15.221 109.815 17.938
202012 27.114 109.897 31.931
202103 24.842 111.754 28.769
202106 14.085 114.631 15.902
202109 18.219 115.734 20.373
202112 26.159 117.630 28.781
202203 25.927 121.301 27.662
202206 17.237 125.017 17.844
202209 26.103 125.227 26.977
202212 31.893 125.222 32.962
202303 27.790 127.348 28.242
202306 20.841 128.729 20.953
202309 25.524 129.860 25.437
202312 32.787 129.419 32.787

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.


Universal  (NYSE:UVV) 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.


Universal Cyclically Adjusted PS Ratio Related Terms

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


Universal (Universal) Business Description

Traded in Other Exchanges
Address
9201 Forest Hill Avenue, Richmond, VA, USA, 23235
Universal Corp is a global leaf tobacco supplier. The company procures leaf tobacco from farmers, processes it, and sells it to companies that manufacture consumer tobacco products. Universal does not manufacture or sell any consumer products itself. The company's segment includes Tobacco Operations and Ingredients Operations. It generates maximum revenue from the Tobacco Operations segment. Geographically, it derives a majority of revenue from the United States.
Executives
Candace C Formacek officer: Vice President & Treasurer PO BOX 25099, RICHMOND VA 23260
Robert C Sledd director 9201 FOREST HILL AVENUE, RICHMOND VA 23235
Airton L Hentschke officer: SVP & COO 9201 FOREST HILL AVENUE, RICHMOND VA 23235
Lennart R. Freeman director 9201 FOREST HILL AVENUE, RICHMOND VA 23235
Mckeen Starke officer: Senior VP & Sales Director 9201 FOREST HILL AVENUE, RICHMOND VA 23235
Preston Douglas Wigner officer: VP, General Counsel & Secy 9201 FOREST HILL AVENUE, PO BOX 25099, RICHMOND VA 23260
Schick Arthur J. Jr. director 9201 FOREST HILL AVENUE, RICHMOND VA 23235
Theodore G Broome other: Subsidiary Officer PO BOX 25099, RICHMOND VA 23260
Thomas H Johnson director 9201 FOREST HILL AVENUE, RICHMOND VA 23235
Diana F Cantor director 9201 FOREST HILL AVENUE, RICHMOND VA 23235
Michael T Lawton director DOMINO'S PIZZA, 30 FRANK LLOYD WRIGHT DRIVE, ANN ARBOR MI 48106
Tullidge Thomas H Jr director PO BOX 25099, RICHMOND VA 23260
Jacqueline T. Williams director UNIVERSAL CORP., 9201 FOREST HILL AVENUE, RICHMOND VA 23235
Scott J Bleicher officer: Vice President and Controller PO BOX 25099, RICHMOND VA 23260
John Patrick O'keefe other: Subsidiary Officer 9201 FOREST HILL AVENUE, RICHMOND VA 23235

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