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Fonterra Co-operative Group (NZSE:FCG) Cyclically Adjusted PS Ratio : 0.36 (As of May. 01, 2025)


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What is Fonterra Co-operative Group Cyclically Adjusted PS Ratio?

As of today (2025-05-01), Fonterra Co-operative Group's current share price is NZ$4.53. Fonterra Co-operative Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jul24 was NZ$12.71. Fonterra Co-operative Group's Cyclically Adjusted PS Ratio for today is 0.36.

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

NZSE:FCG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.24   Max: 0.39
Current: 0.36

During the past 13 years, Fonterra Co-operative Group's highest Cyclically Adjusted PS Ratio was 0.39. The lowest was 0.16. And the median was 0.24.

NZSE:FCG's Cyclically Adjusted PS Ratio is ranked better than
72.8% of 1309 companies
in the Consumer Packaged Goods industry
Industry Median: 0.8 vs NZSE:FCG: 0.36

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.

Fonterra Co-operative Group's adjusted revenue per share data of for the fiscal year that ended in Jul24 was NZ$14.202. 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 NZ$12.71 for the trailing ten years ended in Jul24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fonterra Co-operative Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Fonterra Co-operative Group'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.

Fonterra Co-operative Group Cyclically Adjusted PS Ratio Chart

Fonterra Co-operative Group Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.21 0.19 0.21 0.23

Fonterra Co-operative Group Semi-Annual Data
Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25
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 - 0.21 - 0.23 -

Competitive Comparison of Fonterra Co-operative Group's Cyclically Adjusted PS Ratio

For the Packaged Foods subindustry, Fonterra Co-operative Group'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.


Fonterra Co-operative Group's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Fonterra Co-operative Group's Cyclically Adjusted PS Ratio falls into.


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Fonterra Co-operative Group 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.

Fonterra Co-operative Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.53/12.71
=0.36

* 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.

Fonterra Co-operative Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jul24 is calculated as:

For example, Fonterra Co-operative Group's adjusted Revenue per Share data for the fiscal year that ended in Jul24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jul24 (Change)*Current CPI (Jul24)
=14.202/130.8551*130.8551
=14.202

Current CPI (Jul24) = 130.8551.

Fonterra Co-operative Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201507 9.825 100.396 12.806
201607 8.953 100.813 11.621
201707 9.987 102.731 12.721
201807 10.575 104.684 13.219
201907 9.954 106.218 12.263
202007 10.484 107.751 12.732
202107 10.624 113.067 12.295
202207 11.312 121.245 12.209
202307 12.718 128.095 12.992
202407 14.202 130.855 14.202

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.


Fonterra Co-operative Group  (NZSE:FCG) 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.


Fonterra Co-operative Group Cyclically Adjusted PS Ratio Related Terms

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


Fonterra Co-operative Group Business Description

Traded in Other Exchanges
N/A
Address
109 Fanshawe Street, Auckland Central, Auckland, NTL, NZL, 1010
Fonterra Co-operative Group Ltd operates predominantly in the international dairy industry. The company is involved in the collection, manufacture, and sale of milk and milk-derived products through its ingredients, Consumer and Foodservice channels. The company's reportable segments are Global Markets, Greater China, and Core Operations and the majority of the revenue is generated from its core operations segment. Its primary geographic markets is Asia, China, Australia, New Zealand, the United States, and the Rest of the world.

Fonterra Co-operative Group Headlines