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Constellation Brands (FRA:CB1A) Cyclically Adjusted PS Ratio : 5.58 (As of May. 01, 2024)


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What is Constellation Brands Cyclically Adjusted PS Ratio?

As of today (2024-05-01), Constellation Brands's current share price is €243.60. Constellation Brands's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was €43.64. Constellation Brands's Cyclically Adjusted PS Ratio for today is 5.58.

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

FRA:CB1A' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.69   Med: 6.13   Max: 9.34
Current: 5.33

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.

FRA:CB1A's Cyclically Adjusted PS Ratio is ranked worse than
84.43% of 167 companies
in the Beverages - Alcoholic industry
Industry Median: 1.78 vs FRA:CB1A: 5.33

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 €10.804. 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 €43.64 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
=243.60/43.64
=5.58

* 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)
=10.804/129.4194*129.4194
=10.804

Current CPI (Feb. 2024) = 129.4194.

Constellation Brands Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 5.545 100.373 7.150
201408 5.999 100.352 7.737
201411 6.143 99.635 7.979
201502 5.904 99.032 7.716
201505 7.197 100.333 9.283
201508 7.664 100.548 9.865
201511 7.491 100.135 9.682
201602 6.783 100.040 8.775
201605 8.057 101.355 10.288
201608 8.767 101.617 11.166
201611 8.169 101.829 10.382
201702 7.597 102.779 9.566
201705 8.682 103.256 10.882
201708 8.783 103.587 10.973
201711 7.631 104.072 9.490
201802 7.156 105.052 8.816
201805 8.788 106.148 10.715
201808 10.163 106.383 12.364
201811 8.910 106.338 10.844
201902 8.146 106.649 9.885
201905 9.794 108.048 11.731
201908 10.997 108.245 13.148
201911 9.286 108.519 11.074
202002 9.110 109.139 10.803
202005 9.334 108.175 11.167
202008 9.788 109.662 11.551
202011 10.554 109.793 12.441
202102 5.593 110.968 6.523
202105 8.604 113.576 9.804
202108 10.468 115.421 11.738
202111 9.537 117.269 10.525
202202 9.756 119.703 10.548
202205 10.518 123.323 11.038
202208 14.170 124.958 14.676
202211 11.464 125.607 11.812
202302 9.021 126.928 9.198
202305 12.584 128.314 12.692
202308 14.116 129.538 14.103
202311 12.397 129.548 12.385
202402 10.804 129.419 10.804

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  (FRA:CB1A) 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 (FRA:CB1A) 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 (FRA:CB1A) Headlines

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