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Asia Pacific Breweries Limited (SGX:A46) Cyclically Adjusted PS Ratio : (As of May. 24, 2024)


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What is Asia Pacific Breweries Limited Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Asia Pacific Breweries Limited Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Asia Pacific Breweries Limited'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.

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Asia Pacific Breweries Limited Cyclically Adjusted PS Ratio Chart

Asia Pacific Breweries Limited Annual Data
Trend Sep03 Sep04 Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12
Cyclically Adjusted PS Ratio
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Asia Pacific Breweries Limited Quarterly Data
Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
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Competitive Comparison of Asia Pacific Breweries Limited's Cyclically Adjusted PS Ratio

For the Beverages - Brewers subindustry, Asia Pacific Breweries Limited'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.


Asia Pacific Breweries Limited's Cyclically Adjusted PS Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Asia Pacific Breweries Limited's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Asia Pacific Breweries Limited's Cyclically Adjusted PS Ratio falls into.



Asia Pacific Breweries Limited 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.

Asia Pacific Breweries Limited's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Sep12 is calculated as:

For example, Asia Pacific Breweries Limited's adjusted Revenue per Share data for the fiscal year that ended in Sep12 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep12 (Change)*Current CPI (Sep12)
=12.974/97.6331*97.6331
=12.974

Current CPI (Sep12) = 97.6331.

Asia Pacific Breweries Limited Annual Data

Revenue per Share CPI Adj_RevenuePerShare
200309 495.728 78.138 619.411
200409 5.367 80.121 6.540
200509 5.600 83.876 6.519
200609 5.935 85.606 6.769
200709 6.913 87.964 7.673
200809 7.738 92.307 8.184
200909 7.901 91.120 8.466
201009 9.725 92.162 10.302
201109 11.518 95.727 11.747
201209 12.974 97.633 12.974

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.


Asia Pacific Breweries Limited  (SGX:A46) 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.


Asia Pacific Breweries Limited Cyclically Adjusted PS Ratio Related Terms

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Asia Pacific Breweries Limited (SGX:A46) Business Description

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