ASBFY (Associated British Foods) Cyclically Adjusted PS Ratio: 0.76 (As of Jul. 09, 2026) — 30% Below Median


ASBFY Associated British Foods PLC ASBFY
80 GF Score
Price $26.32
GF Value $30.15
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Associated British Foods Cyclically Adjusted PS Ratio?

Associated British Foods ASBFY +0.27% 80 Cyclically Adjusted PS Ratio is 0.76 as of Jul. 09, 2026, which is 30% below its 10-year median of 1.08. GuruFocus rates ASBFY with a GF Score™ of 80/100 and a GF Value™ of $30.15 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,445 Consumer Packaged Goods companies, Associated British Foods ranks worse than 50.03% on this metric.

As of today (2026-07-09), Associated British Foods's current share price is $26.32. Associated British Foods's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Aug25 was $34.50. Associated British Foods's Cyclically Adjusted PS Ratio for today is 0.76.

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

ASBFY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.6   Med: 1.08   Max: 2.14
Current: 0.78

During the past 13 years, Associated British Foods's highest Cyclically Adjusted PS Ratio was 2.14. The lowest was 0.60. And the median was 1.08.

ASBFY's Cyclically Adjusted PS Ratio is ranked worse than
50.03% of 1445 companies
in the Consumer Packaged Goods industry
Industry Median: 0.78 vs ASBFY: 0.78

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.

Associated British Foods's adjusted revenue per share data of for the fiscal year that ended in Aug25 was $36.174. 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 $34.50 for the trailing ten years ended in Aug25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Associated British Foods  (OTCPK:ASBFY) 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.


Associated British Foods Cyclically Adjusted PS Ratio Related Terms


Associated British Foods Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Associated British Foods'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.

Associated British Foods Cyclically Adjusted PS Ratio Chart

Associated British Foods Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.04 0.73 0.88 1.05 0.86

Associated British Foods Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 0.00 1.05 0.00 0.86 0.00

ASBFY vs KHC, GIS: Cyclically Adjusted PS Ratio Comparison

For the Packaged Foods subindustry, Associated British Foods'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.


Associated British Foods Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

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

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


ASBFY
80GF Score
Associated British Foods PLC ASBFY
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Associated British Foods 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.

Associated British Foods's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=26.32/34.50
=0.76

* 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.

Associated British Foods's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Aug25 is calculated as:

For example, Associated British Foods's adjusted Revenue per Share data for the fiscal year that ended in Aug25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Aug25 (Change)*Current CPI (Aug25)
=36.174/138.9000*138.9000
=36.174

Current CPI (Aug25) = 138.9000.

Associated British Foods Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201608 22.201 101.200 30.472
201708 25.180 104.000 33.630
201808 25.372 106.500 33.091
201908 24.368 108.300 31.253
202008 23.182 108.800 29.595
202108 24.241 112.100 30.036
202208 25.799 121.800 29.421
202308 32.256 129.400 34.624
202408 34.622 133.400 36.049
202508 36.174 138.900 36.174

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.

What does a Cyclically Adjusted PS Ratio of 0.76 mean?
Associated British Foods (ASBFY) has a Cyclically Adjusted PS Ratio of 0.76 as of Jul. 09, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Associated British Foods and its competitors. This is 30% below median its historical median of 1.08. Over the past decade, Associated British Foods' Cyclically Adjusted PS Ratio has ranged from 0.60 to 2.14. According to the industry distribution chart, Associated British Foods ranks #723 out of 1445 companies in the Consumer Packaged Goods industry, placing it in the top 50%.
Is Associated British Foods' Cyclically Adjusted PS Ratio too high?
Associated British Foods' current Cyclically Adjusted PS Ratio of 0.76 is 30% below median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 2.14. The Consumer Packaged Goods industry median Cyclically Adjusted PS Ratio is 0.78. Associated British Foods' value of 0.76 is 2.6% below this industry median. Based on the distribution chart, Associated British Foods ranks #723 out of 1445 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Associated British Foods has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Associated British Foods' Cyclically Adjusted PS Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Associated British Foods ranks #723 out of 1445 companies for Cyclically Adjusted PS Ratio. This puts Associated British Foods in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.78. Associated British Foods' value of 0.76 is 2.6% below this benchmark. Historically, Associated British Foods' own Cyclically Adjusted PS Ratio has ranged from 0.60 to 2.14 over the past decade. While the company's 10-year median is 1.08 vs. the industry median of 0.78, Associated British Foods has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Consumer Packaged Goods company?
The median Cyclically Adjusted PS Ratio among Consumer Packaged Goods companies is 0.78, based on 1,445 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Associated British Foods's current Cyclically Adjusted PS Ratio of 0.76 is 2.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Associated British Foods and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PS Ratio is 0.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Associated British Foods's current Cyclically Adjusted PS Ratio is 0.76, which is 30% below median its own 10-year median of 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Associated British Foods stock overvalued right now?
Based on GuruFocus' analysis, Associated British Foods (ASBFY) is currently considered Modestly Undervalued. The stock's GF Value™ is $30.15, compared to a current price of $26.32 — trading 12.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.76, which is 30% below median its 10-year median of 1.08 and 2.6% below the Consumer Packaged Goods industry median of 0.78. Associated British Foods' overall GF Score™ is 80/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Associated British Foods (ASBFY), the current Cyclically Adjusted PS Ratio is 0.76 as of Jul. 09, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Associated British Foods (ASBFY) Overvalued in 2026?

Based on GuruFocus' analysis, Associated British Foods stock appears to be undervalued. The current stock price of $26.32 is trading 12.7% below its estimated GF Value™ of $30.15. GuruFocus considers Associated British Foods to be Modestly Undervalued.

Key valuation signals for ASBFY:

  • Cyclically Adjusted PS Ratio: 0.76 (30% below median its 10-year median of 1.08)
  • GF Value™: $30.15 vs. price of $26.32 (12.7% below fair value)
  • GF Score™: 80/100 with 2 warning signs
  • Industry Position: 2.6% below the Consumer Packaged Goods median (#723 of 1445)

No single metric tells the full story. See the ASBFY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Associated British Foods Business Description

Address 10 Grosvenor Street, Weston Centre, London, GBR, W1K 4QY
Associated British Foods is a diversified international food, ingredients, and retail group with 138,000 employees and operations in 56 countries across Europe, Africa, the Americas, Asia, and Australia. The group sells branded groceries, grows and processes sugar, supplies farmers with crop input and animal feed, and runs the multinational Primark clothing retail chain. It also supplies ingredients like bakers' yeast, enzymes, lipids, and cereal specialties. In fiscal 2025, approximately 36% of sales came from the UK, and Primark accounted for around 60% of operating profit.On April 21, 2026, ABF announced it plans to separate Primark and the food businesses. Subject to approvals, the demerger is expected to become effective at the end of 2027.
80GF Score

Get the complete analysis for ASBFY

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$26.32
Price
$30.15
GF Value