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Kellanova Co (MEX:K) Cyclically Adjusted PS Ratio : 1.39 (As of Jun. 22, 2024)


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What is Kellanova Co Cyclically Adjusted PS Ratio?

As of today (2024-06-22), Kellanova Co's current share price is MXN1077.50. Kellanova Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was MXN775.85. Kellanova Co's Cyclically Adjusted PS Ratio for today is 1.39.

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

MEX:K' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.08   Med: 1.52   Max: 2.12
Current: 1.27

During the past years, Kellanova Co's highest Cyclically Adjusted PS Ratio was 2.12. The lowest was 1.08. And the median was 1.52.

MEX:K's Cyclically Adjusted PS Ratio is ranked worse than
63.95% of 1387 companies
in the Consumer Packaged Goods industry
Industry Median: 0.8 vs MEX:K: 1.27

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.

Kellanova Co's adjusted revenue per share data for the three months ended in Mar. 2024 was MXN154.384. 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 MXN775.85 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kellanova Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kellanova 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.

Kellanova Co Cyclically Adjusted PS Ratio Chart

Kellanova 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 1.58 1.40 1.38 1.48 1.24

Kellanova Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.38 1.38 1.21 1.24 1.26

Competitive Comparison of Kellanova Co's Cyclically Adjusted PS Ratio

For the Packaged Foods subindustry, Kellanova 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.


Kellanova Co's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Kellanova 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.

Kellanova Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1077.50/775.85
=1.39

* 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=154.384/131.7762*131.7762
=154.384

Current CPI (Mar. 2024) = 131.7762.

Kellanova Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 132.024 100.560 173.008
201409 135.725 100.428 178.091
201412 145.186 99.070 193.117
201503 151.852 99.621 200.866
201506 154.604 100.684 202.347
201509 158.015 100.392 207.414
201512 151.760 99.792 200.400
201603 164.624 100.470 215.920
201606 170.725 101.688 221.240
201609 177.734 101.861 229.932
201612 177.516 101.863 229.646
201703 172.759 102.862 221.321
201706 163.043 103.349 207.889
201709 169.277 104.136 214.208
201712 179.747 104.011 227.729
201803 177.552 105.290 222.217
201806 189.719 106.317 235.151
201809 185.924 106.507 230.036
201812 186.084 105.998 231.339
201903 199.183 107.251 244.732
201906 194.962 108.070 237.730
201909 194.649 108.329 236.779
201912 175.972 108.420 213.880
202003 232.571 108.902 281.422
202006 231.825 108.767 280.866
202009 218.931 109.815 262.714
202012 200.592 109.897 240.528
202103 212.967 111.754 251.122
202106 206.314 114.631 237.171
202109 217.130 115.734 247.226
202112 58.527 117.630 65.566
202203 213.781 121.301 232.243
202206 227.298 125.017 239.588
202209 230.738 125.227 242.806
202212 65.727 125.222 69.167
202303 174.607 127.348 180.679
202306 200.807 128.729 205.561
202309 198.878 129.860 201.813
202312 53.851 129.419 54.832
202403 154.384 131.776 154.384

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.


Kellanova Co  (MEX:K) 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.


Kellanova Co Cyclically Adjusted PS Ratio Related Terms

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


Kellanova Co (MEX:K) Business Description

Address
412 N. Wells Street, Chicago, IL, USA, 60654
Following its split from the North American cereal business, Kellanova (previously the global snacking arm of Kellogg) is a leading global manufacturer and marketer of salty snacks, snack bars, frozen breakfast fare, meat alternatives, and other packaged foods. Its offerings are manufactured in around 20 countries and marketed in more than 180 countries. Its product mix includes well-known brands such as Pringles, Cheez-It, Rice Krispies Treats, Pop-Tarts, Eggo, Nutri-Grain, and Morningstar Farms. Sales beyond its home turf account for about half of Kellanova's consolidated sales base.

Kellanova Co (MEX:K) Headlines

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