GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » International Flavors & Fragrances Inc (FRA:IFF) » Definitions » Cyclically Adjusted PS Ratio

International Flavors & Fragrances (FRA:IFF) Cyclically Adjusted PS Ratio : 1.71 (As of May. 01, 2024)


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

What is International Flavors & Fragrances Cyclically Adjusted PS Ratio?

As of today (2024-05-01), International Flavors & Fragrances's current share price is €79.88. International Flavors & Fragrances's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €46.73. International Flavors & Fragrances's Cyclically Adjusted PS Ratio for today is 1.71.

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

FRA:IFF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.22   Med: 3.16   Max: 4.14
Current: 1.67

During the past years, International Flavors & Fragrances's highest Cyclically Adjusted PS Ratio was 4.14. The lowest was 1.22. And the median was 3.16.

FRA:IFF's Cyclically Adjusted PS Ratio is ranked worse than
60.77% of 1198 companies
in the Chemicals industry
Industry Median: 1.21 vs FRA:IFF: 1.67

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.

International Flavors & Fragrances's adjusted revenue per share data for the three months ended in Dec. 2023 was €9.720. 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 €46.73 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


International Flavors & Fragrances Cyclically Adjusted PS Ratio Historical Data

The historical data trend for International Flavors & Fragrances'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.

International Flavors & Fragrances Cyclically Adjusted PS Ratio Chart

International Flavors & Fragrances Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.10 2.55 3.25 2.10 1.58

International Flavors & Fragrances Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.10 1.81 1.55 1.32 1.58

Competitive Comparison of International Flavors & Fragrances's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, International Flavors & Fragrances'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.


International Flavors & Fragrances's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, International Flavors & Fragrances's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where International Flavors & Fragrances's Cyclically Adjusted PS Ratio falls into.



International Flavors & Fragrances 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.

International Flavors & Fragrances's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=79.88/46.73
=1.71

* 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.

International Flavors & Fragrances's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, International Flavors & Fragrances's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=9.72/129.4194*129.4194
=9.720

Current CPI (Dec. 2023) = 129.4194.

International Flavors & Fragrances Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 6.813 99.695 8.844
201406 7.126 100.560 9.171
201409 7.367 100.428 9.494
201412 7.541 99.070 9.851
201503 8.818 99.621 11.456
201506 8.423 100.684 10.827
201509 8.443 100.392 10.884
201512 8.170 99.792 10.596
201603 8.787 100.470 11.319
201606 8.823 101.688 11.229
201609 8.661 101.861 11.004
201612 9.068 101.863 11.521
201703 9.753 102.862 12.271
201706 9.459 103.349 11.845
201709 9.229 104.136 11.470
201712 9.093 104.011 11.314
201803 9.509 105.290 11.688
201806 9.931 106.317 12.089
201809 9.526 106.507 11.575
201812 9.555 105.998 11.666
201903 10.126 107.251 12.219
201906 10.127 108.070 12.128
201909 10.139 108.329 12.113
201912 10.260 108.420 12.247
202003 10.788 108.902 12.821
202006 9.340 108.767 11.113
202009 9.443 109.815 11.129
202012 9.157 109.897 10.784
202103 10.051 111.754 11.640
202106 10.054 114.631 11.351
202109 10.237 115.734 11.447
202112 10.519 117.630 11.573
202203 11.487 121.301 12.256
202206 12.268 125.017 12.700
202209 12.132 125.227 12.538
202212 10.528 125.222 10.881
202303 11.087 127.348 11.267
202306 10.602 128.729 10.659
202309 10.322 129.860 10.287
202312 9.720 129.419 9.720

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.


International Flavors & Fragrances  (FRA:IFF) 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.


International Flavors & Fragrances Cyclically Adjusted PS Ratio Related Terms

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


International Flavors & Fragrances (FRA:IFF) Business Description

Address
521 West 57th Street, New York, NY, USA, 10019-2960
International Flavors & Fragrances is the largest specialty ingredients producer globally. The company sells ingredients for the food, beverage, health, household goods, personal care, and pharmaceutical industries. The company makes proprietary formulations, partnering with customers to deliver custom solutions. The nourish segment, which generates roughly half of revenue, is a leading flavor producer and also sell texturants, plant-based proteins, and other ingredients. The health and biosciences business, which generates around one fourth of revenue, is a global leader in probiotics and enzymes. IFF is also one of the leading fragrance producers in the world. The firm also sells pharmaceutical ingredients such as excipients and time-release polymers.