GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Conagra Brands Inc (NYSE:CAG) » Definitions » Cyclically Adjusted Revenue per Share

Conagra Brands (Conagra Brands) Cyclically Adjusted Revenue per Share : $25.22 (As of Feb. 2024)


View and export this data going back to 1976. Start your Free Trial

What is Conagra Brands Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Conagra Brands's adjusted revenue per share for the three months ended in Feb. 2024 was $6.319. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $25.22 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Conagra Brands's average Cyclically Adjusted Revenue Growth Rate was -5.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 0.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -0.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -0.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Conagra Brands was 7.60% per year. The lowest was -8.90% per year. And the median was -1.55% per year.

As of today (2024-04-27), Conagra Brands's current stock price is $31.08. Conagra Brands's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was $25.22. Conagra Brands's Cyclically Adjusted PS Ratio of today is 1.23.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Conagra Brands was 1.52. The lowest was 0.77. And the median was 1.23.


Conagra Brands Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Conagra Brands's Cyclically Adjusted Revenue per Share 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.

Conagra Brands Cyclically Adjusted Revenue per Share Chart

Conagra Brands Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.32 26.43 26.62 27.29 26.74

Conagra Brands Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Cyclically Adjusted Revenue per Share 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 26.62 26.74 26.46 25.82 25.22

Competitive Comparison of Conagra Brands's Cyclically Adjusted Revenue per Share

For the Packaged Foods subindustry, Conagra 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.


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

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

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



Conagra Brands Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Conagra Brands's adjusted Revenue per Share data for the three months ended in Feb. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=6.319/129.4194*129.4194
=6.319

Current CPI (Feb. 2024) = 129.4194.

Conagra Brands Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 -0.108 100.373 -0.139
201408 6.436 100.352 8.300
201411 7.280 99.635 9.456
201502 6.725 99.032 8.789
201505 0.514 100.333 0.663
201508 6.415 100.548 8.257
201511 5.387 100.135 6.962
201602 5.003 100.040 6.472
201605 4.653 101.355 5.941
201608 4.282 101.617 5.454
201611 4.732 101.829 6.014
201702 4.540 102.779 5.717
201705 4.391 103.256 5.504
201708 4.304 103.587 5.377
201711 5.296 104.072 6.586
201802 4.955 105.052 6.104
201805 4.961 106.148 6.049
201808 4.655 106.383 5.663
201811 5.651 106.338 6.878
201902 5.554 106.649 6.740
201905 5.409 108.048 6.479
201908 4.900 108.245 5.859
201911 5.777 108.519 6.890
202002 5.227 109.139 6.198
202005 6.721 108.175 8.041
202008 5.468 109.662 6.453
202011 6.101 109.793 7.192
202102 5.683 110.968 6.628
202105 5.665 113.576 6.455
202108 5.501 115.421 6.168
202111 6.348 117.269 7.006
202202 6.043 119.703 6.534
202205 6.035 123.323 6.333
202208 6.043 124.958 6.259
202211 6.889 125.607 7.098
202302 6.438 126.928 6.564
202305 6.197 128.314 6.250
202308 6.053 129.538 6.047
202311 6.686 129.548 6.679
202402 6.319 129.419 6.319

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Conagra Brands  (NYSE:CAG) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Conagra Brands's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=31.08/25.22
=1.23

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Conagra Brands was 1.52. The lowest was 0.77. And the median was 1.23.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Conagra Brands Cyclically Adjusted Revenue per Share Related Terms

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


Conagra Brands (Conagra Brands) Business Description

Traded in Other Exchanges
Address
222 W. Merchandise Mart Plaza, Suite 1300, Chicago, IL, USA, 60654
Conagra Brands is a packaged food company that operates predominantly in the United States (over 90% of revenue and profits). Most of its revenue comes from frozen food, including brands like Marie Callender's, Healthy Choice, Banquet, and Birds Eye. Conagra also sells snacks, shelf-stable staples, and refrigerated food through brands like Duncan Hines, Hunt's, Slim Jim, Vlasic, Orville Redenbacher's, Reddi-wip, Wish-Bone, and Chef Boyardee. The company primarily sells through the U.S. retail channel, with just 8% of fiscal 2023 revenue coming from international markets and 9% from foodservice.
Executives
Richard H Lenny director ILLINOIS TOOL WORKS INC., 155 HARLEM AVE., GLENVIEW IL 60025
Francisco Fraga director 222 MERCHANDISE MART PLAZA, SUITE 1300, CHICAGO IL 60654
Thomas M Mcgough officer: EVP and Co-COO C/O CONAGRA FOODS, INC., ONE CONAGRA DRIVE, MS 1-330, OMAHA NE 68102
William Eric Johnson officer: SVP, Corporate Controller 222 MERCHANDISE MART PLAZA, SUITE 1300, CHICAGO IL 60654
Charisse Brock officer: EVP, Chief HR Officer C/CONAGRA FOODS, INC., ONE CONAGRA DRIVE, MS1-330, OMAHA NE 68102
Robert G Wise officer: SVP, Corporate Controller C/O CONAGRA FOODS, INC., ONE CONAGRA DRIVE, OMAHA NE 68102
Carey Bartell officer: EVP, GC and Corp. Secretary C/O CONAGRA BRANDS, INC., 222 W. MERCHANDISE MART PLAZA, STE. 1300, CHICAGO IL 60654
Denise Paulonis director 8000 BENT BRANCH DRIVE, IRVING TX 75063
Emanuel Chirico director 7 NEW YORK PLACE, BRONSVILLE NY 10708
Batcheler Colleen officer: SVP and General Counsel ONE CONAGRA DRIVE, OMAHA NE 68102
Darren Serrao officer: EVP and Co-COO C/CONAGRA FOODS, INC., ONE CONAGRA DRIVE, MS1-330, OMAHA NE 68102
George Dowdie director C/O CONAGRA BRANDS, INC., 222 W. MERCHANDISE MART PLAZA, STE 1300, CHICAGO IL 60654
Fran Horowitz-bonadies director 6301 FITCH PATH, NEW ALBANY OH 43054
Alexandre Eboli officer: EVP,Chief Supply Chain Officer C/O CONAGRA BRANDS, INC., 222 W. MERCHANDISE MART PLAZA, STE. 1300, CHICAGO IL 60654
Jana Partners Llc director, other: See Remarks 767 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10153

Conagra Brands (Conagra Brands) Headlines

From GuruFocus

Conagra Brands Inc Investor Day Transcript

By GuruFocus Research 01-22-2024

Q3 2021 Conagra Brands Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q4 2023 Conagra Brands Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q2 2023 Conagra Brands Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q3 2022 Conagra Brands Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Conagra Brands Inc Annual Shareholders Meeting Transcript

By GuruFocus Research 01-22-2024

Q4 2022 Conagra Brands Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q1 2020 Conagra Brands Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q3 2023 Conagra Brands Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024