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McCormick (MEX:MKC) Cyclically Adjusted PS Ratio : 2.77 (As of Jun. 01, 2025)


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What is McCormick Cyclically Adjusted PS Ratio?

As of today (2025-06-01), McCormick's current share price is MXN1363.00. McCormick's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2025 was MXN492.87. McCormick's Cyclically Adjusted PS Ratio for today is 2.77.

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

MEX:MKC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.53   Med: 3.47   Max: 5.68
Current: 2.91

During the past years, McCormick's highest Cyclically Adjusted PS Ratio was 5.68. The lowest was 2.53. And the median was 3.47.

MEX:MKC's Cyclically Adjusted PS Ratio is ranked worse than
83.83% of 1311 companies
in the Consumer Packaged Goods industry
Industry Median: 0.82 vs MEX:MKC: 2.91

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.

McCormick's adjusted revenue per share data for the three months ended in Feb. 2025 was MXN122.277. 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 MXN492.87 for the trailing ten years ended in Feb. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


McCormick Cyclically Adjusted PS Ratio Historical Data

The historical data trend for McCormick'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.

McCormick Cyclically Adjusted PS Ratio Chart

McCormick Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.02 4.17 3.78 2.74 3.18

McCormick Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 2.87 2.96 3.26 3.18 3.30

Competitive Comparison of McCormick's Cyclically Adjusted PS Ratio

For the Packaged Foods subindustry, McCormick'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.


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

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

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


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McCormick 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.

McCormick's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1363.00/492.87
=2.77

* 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.

McCormick's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2025 is calculated as:

For example, McCormick's adjusted Revenue per Share data for the three months ended in Feb. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2025 (Change)*Current CPI (Feb. 2025)
=122.277/134.6241*134.6241
=122.277

Current CPI (Feb. 2025) = 134.6241.

McCormick Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201505 61.005 100.333 81.855
201508 68.629 100.548 91.888
201511 77.214 100.135 103.809
201602 72.538 100.040 97.615
201605 76.300 101.355 101.345
201608 80.392 101.617 106.505
201611 98.509 101.829 130.234
201702 82.236 102.779 107.716
201705 82.228 103.256 107.209
201708 82.479 103.587 107.192
201711 97.904 104.072 126.645
201802 86.150 105.052 110.401
201805 97.918 106.148 124.187
201808 95.072 106.383 120.310
201811 111.174 106.338 140.747
201902 88.658 106.649 111.914
201905 95.537 108.048 119.036
201908 99.380 108.245 123.599
201911 108.113 108.519 134.121
202002 88.994 109.139 109.775
202005 115.689 108.175 143.975
202008 116.079 109.662 142.502
202011 116.524 109.793 142.877
202102 114.914 110.968 139.411
202105 114.908 113.576 136.203
202108 115.195 115.421 134.361
202111 137.686 117.269 158.062
202202 114.830 119.703 129.144
202205 111.809 123.323 122.055
202208 118.613 124.958 127.789
202211 121.806 125.607 130.550
202302 106.446 126.928 112.901
202305 109.151 128.314 114.518
202308 105.292 129.538 109.427
202311 112.885 129.548 117.308
202402 101.405 130.930 104.266
202405 103.539 132.509 105.192
202408 122.858 132.816 124.531
202411 135.922 133.110 137.468
202502 122.277 134.624 122.277

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.


McCormick  (MEX:MKC) 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.


McCormick Cyclically Adjusted PS Ratio Related Terms

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


McCormick Business Description

Traded in Other Exchanges
Address
24 Schilling Road, Suite 1, Hunt Valley, MD, USA, 21031
In its 135-year history, McCormick has become the leading global manufacturer, marketer, and distributor of spices, herbs, extracts, seasonings, and other flavorings. Beyond consumers, McCormick's customer base includes top quick-service restaurants, retail grocery chains, and other packaged food and beverage manufacturers. And its reach is extensive, with nearly 40% of sales generated beyond its home turf to 150 other countries and territories. In addition to its namesake brand, the firm's portfolio includes Old Bay, Zatarain's, Thai Kitchen, Frank's RedHot, French's, and Cholula, among others.