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Empire Co (FRA:C15) Cyclically Adjusted PS Ratio : (As of Jun. 21, 2024)


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What is Empire Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Empire Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Empire Co'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.

Empire Co Cyclically Adjusted PS Ratio Chart

Empire Co Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.40 0.40 0.33 -

Empire Co Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 0.33 0.32 0.33 0.31 -

Competitive Comparison of Empire Co's Cyclically Adjusted PS Ratio

For the Grocery Stores subindustry, Empire Co'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.


Empire Co's Cyclically Adjusted PS Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Empire Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Empire Co 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.

Empire Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2024 is calculated as:

For example, Empire Co's adjusted Revenue per Share data for the three months ended in Apr. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=20.656/126.8896*126.8896
=20.656

Current CPI (Apr. 2024) = 126.8896.

Empire Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201407 15.461 99.315 19.754
201410 15.230 99.473 19.428
201501 15.219 98.209 19.663
201504 15.575 99.710 19.820
201507 15.917 100.579 20.081
201510 14.990 100.500 18.926
201601 14.375 100.184 18.207
201604 15.906 101.370 19.910
201607 15.789 101.844 19.672
201610 14.930 102.002 18.573
201701 15.458 102.318 19.170
201704 14.730 103.029 18.141
201707 15.780 103.029 19.435
201710 14.967 103.424 18.363
201801 14.628 104.056 17.838
201804 13.793 105.320 16.618
201807 15.473 106.110 18.503
201810 15.273 105.952 18.291
201901 15.100 105.557 18.152
201904 15.148 107.453 17.888
201907 16.823 108.243 19.721
201910 16.193 107.927 19.038
202001 16.268 108.085 19.098
202004 17.025 107.216 20.149
202007 17.569 108.401 20.565
202010 16.609 108.638 19.399
202101 16.831 109.192 19.559
202104 17.086 110.851 19.558
202107 19.205 112.431 21.675
202110 19.055 113.695 21.266
202201 19.504 114.801 21.558
202204 21.710 118.357 23.275
202207 22.936 120.964 24.060
202210 21.745 121.517 22.706
202301 20.038 121.596 20.910
202304 19.601 123.571 20.127
202307 21.910 124.914 22.256
202310 21.425 125.310 21.695
202401 20.767 125.072 21.069
202404 20.656 126.890 20.656

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.


Empire Co  (FRA:C15) 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.


Empire Co Cyclically Adjusted PS Ratio Related Terms

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


Empire Co (FRA:C15) Business Description

Traded in Other Exchanges
Address
115 King Street, Stellarton, NS, CAN, B0K 1S0
Empire Co Ltd key businesses are food retailing, investments, and other operations. The food retailing division operates through Empire's subsidiary Sobeys and represents nearly all of the company's income. This segment owns, affiliates, or franchises more than 1,500 stores in 10 provinces, under retail banners including Sobeys, Safeway, IGA, Foodland, FreshCo, Thrifty Foods, Lawton's Drug Stores, and multiple retail fuel locations. The company's investment and other operations segment include the investment in Crombie REIT, which is an open-ended Canadian real estate investment trust, as well as the Genstar Development Partnership.

Empire Co (FRA:C15) Headlines

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