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The Kraft Heinz Co (FRA:KHNZ) Cyclically Adjusted PS Ratio : 1.48 (As of Apr. 30, 2024)


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What is The Kraft Heinz Co Cyclically Adjusted PS Ratio?

As of today (2024-04-30), The Kraft Heinz Co's current share price is €35.51. The Kraft Heinz Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €24.06. The Kraft Heinz Co's Cyclically Adjusted PS Ratio for today is 1.48.

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

FRA:KHNZ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.1   Med: 1.33   Max: 1.59
Current: 1.43

During the past years, The Kraft Heinz Co's highest Cyclically Adjusted PS Ratio was 1.59. The lowest was 1.10. And the median was 1.33.

FRA:KHNZ's Cyclically Adjusted PS Ratio is ranked worse than
67.2% of 1366 companies
in the Consumer Packaged Goods industry
Industry Median: 0.8 vs FRA:KHNZ: 1.43

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.

The Kraft Heinz Co's adjusted revenue per share data for the three months ended in Dec. 2023 was €5.094. 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 €24.06 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Kraft Heinz Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for The Kraft Heinz 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.

The Kraft Heinz Co Cyclically Adjusted PS Ratio Chart

The Kraft Heinz Co 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 - 1.25 1.28 1.45 1.37

The Kraft Heinz Co 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 1.45 1.38 1.28 1.22 1.37

Competitive Comparison of The Kraft Heinz Co's Cyclically Adjusted PS Ratio

For the Packaged Foods subindustry, The Kraft Heinz 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.


The Kraft Heinz Co's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The Kraft Heinz Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



The Kraft Heinz 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.

The Kraft Heinz Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=35.51/24.06
=1.48

* 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.

The Kraft Heinz Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, The Kraft Heinz Co'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)
=5.094/129.4194*129.4194
=5.094

Current CPI (Dec. 2023) = 129.4194.

The Kraft Heinz Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 5.247 99.695 6.811
201406 5.823 100.560 7.494
201409 5.710 100.428 7.358
201412 6.433 99.070 8.404
201503 6.781 99.621 8.809
201506 6.738 100.684 8.661
201509 4.775 100.392 6.156
201512 5.387 99.792 6.986
201603 4.816 100.470 6.204
201606 4.927 101.688 6.271
201609 4.547 101.861 5.777
201612 5.158 101.863 6.553
201703 4.811 102.862 6.053
201706 4.850 103.349 6.073
201709 4.291 104.136 5.333
201712 4.715 104.011 5.867
201803 4.163 105.290 5.117
201806 4.698 106.317 5.719
201809 4.462 106.507 5.422
201812 4.969 105.998 6.067
201903 4.309 107.251 5.200
201906 4.639 108.070 5.555
201909 4.511 108.329 5.389
201912 4.794 108.420 5.723
202003 4.552 108.902 5.410
202006 4.827 108.767 5.744
202009 4.449 109.815 5.243
202012 4.578 109.897 5.391
202103 4.360 111.754 5.049
202106 4.486 114.631 5.065
202109 4.349 115.734 4.863
202112 4.851 117.630 5.337
202203 4.448 121.301 4.746
202206 5.020 125.017 5.197
202209 5.320 125.227 5.498
202212 5.642 125.222 5.831
202303 4.911 127.348 4.991
202306 5.023 128.729 5.050
202309 4.985 129.860 4.968
202312 5.094 129.419 5.094

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.


The Kraft Heinz Co  (FRA:KHNZ) 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.


The Kraft Heinz Co Cyclically Adjusted PS Ratio Related Terms

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The Kraft Heinz Co (FRA:KHNZ) Business Description

Address
One PPG Place, Pittsburgh, PA, USA, 15222
In July 2015, Kraft merged with Heinz to create the third-largest food and beverage manufacturer in North America behind PepsiCo and Nestle and the fifth-largest player in the world. Beyond its namesake brands, the combined firm's portfolio includes Oscar Mayer, Velveeta, and Philadelphia. While the retail channel drives around 85% of its total sales, the firm operates a growing presence in the foodservice arena. Outside North America, Kraft Heinz's global reach counts a distribution network in Europe and emerging markets that drives 20%-25% of its consolidated sales base, as its products are sold in more than 190 countries and territories.

The Kraft Heinz Co (FRA:KHNZ) Headlines

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