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Constellation Brands (NEOE:STZ) Cyclically Adjusted PS Ratio : 5.26 (As of Jun. 13, 2024)


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What is Constellation Brands Cyclically Adjusted PS Ratio?

As of today (2024-06-13), Constellation Brands's current share price is C$21.03. Constellation Brands's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was C$4.00. Constellation Brands's Cyclically Adjusted PS Ratio for today is 5.26.

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

NEOE:STZ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.77   Med: 6.13   Max: 9.34
Current: 5.25

During the past years, Constellation Brands's highest Cyclically Adjusted PS Ratio was 9.34. The lowest was 2.77. And the median was 6.13.

NEOE:STZ's Cyclically Adjusted PS Ratio is ranked worse than
85.96% of 171 companies
in the Beverages - Alcoholic industry
Industry Median: 1.69 vs NEOE:STZ: 5.25

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 C$15.734. 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 C$4.00 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 5.16

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 5.16

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
=21.03/4
=5.26

* 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)
=15.734/130.9299*130.9299
=15.734

Current CPI (Feb. 2024) = 130.9299.

Constellation Brands Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 8.297 100.373 10.823
201408 8.728 100.352 11.387
201411 8.675 99.635 11.400
201502 8.376 99.032 11.074
201505 9.792 100.333 12.778
201508 11.220 100.548 14.610
201511 10.674 100.135 13.957
201602 10.375 100.040 13.579
201605 11.799 101.355 15.242
201608 12.775 101.617 16.460
201611 11.838 101.829 15.221
201702 10.606 102.779 13.511
201705 13.052 103.256 16.550
201708 13.074 103.587 16.525
201711 11.441 104.072 14.394
201802 11.122 105.052 13.862
201805 13.365 106.148 16.485
201808 15.306 106.383 18.838
201811 13.370 106.338 16.462
201902 12.214 106.649 14.995
201905 14.746 108.048 17.869
201908 16.236 108.245 19.639
201911 13.582 108.519 16.387
202002 13.199 109.139 15.834
202005 14.221 108.175 17.212
202008 15.324 109.662 18.296
202011 16.308 109.793 19.447
202102 8.587 110.968 10.132
202105 12.675 113.576 14.612
202108 15.516 115.421 17.601
202111 13.681 117.269 15.275
202202 14.076 119.703 15.396
202205 14.298 123.323 15.180
202208 18.545 124.958 19.431
202211 15.726 125.607 16.392
202302 12.995 126.928 13.405
202305 18.489 128.314 18.866
202308 20.748 129.538 20.971
202311 18.390 129.548 18.586
202402 15.734 130.930 15.734

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  (NEOE:STZ) 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 (NEOE:STZ) Business Description

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.