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Constellation Brands (BSP:STZB34) Cyclically Adjusted PS Ratio : 5.71 (As of Apr. 30, 2024)


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What is Constellation Brands Cyclically Adjusted PS Ratio?

As of today (2024-04-30), Constellation Brands's current share price is R$337.59. Constellation Brands's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was R$59.13. Constellation Brands's Cyclically Adjusted PS Ratio for today is 5.71.

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

BSP:STZB34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.69   Med: 6.13   Max: 9.34
Current: 5.49

During the past years, Constellation Brands's highest Cyclically Adjusted PS Ratio was 9.34. The lowest was 2.69. And the median was 6.13.

BSP:STZB34's Cyclically Adjusted PS Ratio is ranked worse than
84.52% of 168 companies
in the Beverages - Alcoholic industry
Industry Median: 1.77 vs BSP:STZB34: 5.49

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.

Constellation Brands's adjusted revenue per share data for the three months ended in Feb. 2024 was R$14.454. 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 R$59.13 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Constellation Brands Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Constellation Brands'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.

Constellation Brands Cyclically Adjusted PS Ratio Chart

Constellation Brands Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.58 6.36 5.48 5.02 5.22

Constellation 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 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 5.02 5.29 5.55 5.08 5.22

Competitive Comparison of Constellation Brands's Cyclically Adjusted PS Ratio

For the Beverages - Wineries & Distilleries subindustry, Constellation 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.


Constellation Brands's Cyclically Adjusted PS Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Constellation Brands's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Constellation Brands 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.

Constellation Brands's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=337.59/59.13
=5.71

* 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.

Constellation Brands's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Constellation 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)
=14.454/129.4194*129.4194
=14.454

Current CPI (Feb. 2024) = 129.4194.

Constellation Brands Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 4.226 100.373 5.449
201408 4.531 100.352 5.843
201411 4.888 99.635 6.349
201502 4.720 99.032 6.168
201505 6.144 100.333 7.925
201508 7.500 100.548 9.654
201511 7.607 100.135 9.832
201602 7.453 100.040 9.642
201605 8.067 101.355 10.301
201608 7.884 101.617 10.041
201611 7.351 101.829 9.343
201702 6.281 102.779 7.909
201705 7.685 103.256 9.632
201708 8.160 103.587 10.195
201711 7.306 104.072 9.085
201802 7.180 105.052 8.845
201805 9.431 106.148 11.499
201808 11.540 106.383 14.039
201811 9.584 106.338 11.664
201902 8.609 106.649 10.447
201905 10.932 108.048 13.094
201908 12.299 108.245 14.705
201911 10.661 108.519 12.714
202002 10.796 109.139 12.802
202005 14.350 108.175 17.168
202008 15.836 109.662 18.689
202011 16.991 109.793 20.028
202102 9.153 110.968 10.675
202105 13.813 113.576 15.740
202108 16.160 115.421 18.120
202111 15.151 117.269 16.721
202202 14.392 119.703 15.560
202205 13.792 123.323 14.474
202208 18.450 124.958 19.109
202211 15.390 125.607 15.857
202302 12.510 126.928 12.756
202305 17.034 128.314 17.181
202308 18.863 129.538 18.846
202311 16.428 129.548 16.412
202402 14.454 129.419 14.454

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.


Constellation Brands  (BSP:STZB34) 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.


Constellation Brands Cyclically Adjusted PS Ratio Related Terms

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


Constellation Brands (BSP:STZB34) Business Description

Traded in Other Exchanges
Address
207 High Point Drive, Building 100, Victor, New York, NY, USA, 14564
Constellation Brands is the largest provider of alcoholic beverages across the beer, wine, and spirits categories in the U.S., generating 80% of revenue from Mexican beer imports under top-selling brands such as Modelo and Corona. The rest of the business includes some remaining wine and spirits brands, categories where the company continue to prune assets in recent years. With its exclusive rights tied to the Mexican beer brands effective only in the U.S., the firm has small revenue exposure to international markets. Constellation owns a 36% stake in no-moat Canopy Growth, a medicinal and recreational cannabis producer in Canada, and has a 50/50 joint venture with glass manufacturer Owens-Illinois in Mexico.

Constellation Brands (BSP:STZB34) Headlines

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