GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Britvic PLC (OTCPK:BTVCF) » Definitions » Cyclically Adjusted PS Ratio

Britvic (Britvic) Cyclically Adjusted PS Ratio : 1.23 (As of May. 01, 2024)


View and export this data going back to 2006. Start your Free Trial

What is Britvic Cyclically Adjusted PS Ratio?

As of today (2024-05-01), Britvic's current share price is $10.37. Britvic's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Sep23 was $8.40. Britvic's Cyclically Adjusted PS Ratio for today is 1.23.

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

BTVCF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.03   Med: 1.41   Max: 1.83
Current: 1.3

During the past 13 years, Britvic's highest Cyclically Adjusted PS Ratio was 1.83. The lowest was 1.03. And the median was 1.41.

BTVCF's Cyclically Adjusted PS Ratio is ranked better than
53.16% of 79 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 1.45 vs BTVCF: 1.30

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.

Britvic's adjusted revenue per share data of for the fiscal year that ended in Sep23 was $8.362. 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 $8.40 for the trailing ten years ended in Sep23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Britvic Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Britvic'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.

Britvic Cyclically Adjusted PS Ratio Chart

Britvic Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.70 1.43 1.53 1.13 1.30

Britvic Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 1.53 - 1.13 - 1.30

Competitive Comparison of Britvic's Cyclically Adjusted PS Ratio

For the Beverages - Non-Alcoholic subindustry, Britvic'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.


Britvic's Cyclically Adjusted PS Ratio Distribution in the Beverages - Non-Alcoholic Industry

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

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



Britvic 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.37/8.4
=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.

Britvic's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Sep23 is calculated as:

For example, Britvic's adjusted Revenue per Share data for the fiscal year that ended in Sep23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep23 (Change)*Current CPI (Sep23)
=8.362/130.1000*130.1000
=8.362

Current CPI (Sep23) = 130.1000.

Britvic Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201409 8.847 100.000 11.510
201509 7.922 100.200 10.286
201609 7.146 101.500 9.160
201709 7.217 104.300 9.002
201809 7.406 106.600 9.039
201909 7.164 108.400 8.598
202009 6.847 109.200 8.157
202109 7.218 112.400 8.355
202209 6.864 122.300 7.302
202309 8.362 130.100 8.362

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.


Britvic  (OTCPK:BTVCF) 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.


Britvic Cyclically Adjusted PS Ratio Related Terms

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


Britvic (Britvic) Business Description

Traded in Other Exchanges
Address
Breakspear Way, Breakspear Park, Hemel Hempstead, Hertfordshire, GBR, HP2 4TZ
Britvic PLC manufactures and sells nonalcoholic beverages, predominantly in Great Britain, France, and Ireland. In Great Britain and Ireland, the company sells PepsiCo brands in addition to its own Britvic brands. Britvic brands include Robinsons, J2O, Tango, Fruit Shoot and others. In France, it sells its own brands, including Teisseire, as well as private-label juices and syrups. The company also has a small international business that sells in dozens of countries, including India, the United States, and Brazil, where Britvic bought the Ebba company and now owns the Maguary and Dafruta brands. Majority of the company's total revenue is from sales in Great Britain. Britvic predominantly distributes its products to supermarkets.

Britvic (Britvic) Headlines

From GuruFocus

Europe Pepsi Bottler Britvic Down With Concerns

By Holmes Osborne, CFA Holmes Osborne, CFA 12-20-2016

British Pepsi Distributor up Since December

By Holmes Osborne, CFA Holmes Osborne, CFA 04-12-2017

Britvic PLC's Dividend Analysis

By GuruFocus Research 12-21-2023