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Asahi Group Holdings (STU:ABW) Cyclically Adjusted PS Ratio : 1.20 (As of May. 27, 2024)


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What is Asahi Group Holdings Cyclically Adjusted PS Ratio?

As of today (2024-05-27), Asahi Group Holdings's current share price is €34.09. Asahi Group Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €28.36. Asahi Group Holdings's Cyclically Adjusted PS Ratio for today is 1.20.

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

STU:ABW' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.81   Med: 1.2   Max: 1.64
Current: 1.23

During the past years, Asahi Group Holdings's highest Cyclically Adjusted PS Ratio was 1.64. The lowest was 0.81. And the median was 1.20.

STU:ABW's Cyclically Adjusted PS Ratio is ranked better than
57.14% of 168 companies
in the Beverages - Alcoholic industry
Industry Median: 1.82 vs STU:ABW: 1.23

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.

Asahi Group Holdings's adjusted revenue per share data for the three months ended in Mar. 2024 was €7.472. 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 €28.36 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asahi Group Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Asahi Group Holdings'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.

Asahi Group Holdings Cyclically Adjusted PS Ratio Chart

Asahi Group Holdings 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 1.27 1.07 1.08 0.93 1.12

Asahi Group Holdings 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 1.10 1.23 1.21 1.12 1.18

Competitive Comparison of Asahi Group Holdings's Cyclically Adjusted PS Ratio

For the Beverages - Brewers subindustry, Asahi Group Holdings'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.


Asahi Group Holdings's Cyclically Adjusted PS Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Asahi Group Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Asahi Group Holdings 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.

Asahi Group Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=34.09/28.36
=1.20

* 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.

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

For example, Asahi Group Holdings'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)
=7.472/107.2000*107.2000
=7.472

Current CPI (Mar. 2024) = 107.2000.

Asahi Group Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.447 98.000 7.052
201409 7.510 98.500 8.173
201412 7.199 97.900 7.883
201503 6.202 97.900 6.791
201506 7.547 98.400 8.222
201509 8.123 98.500 8.840
201512 5.454 98.100 5.960
201603 6.004 97.900 6.574
201606 7.983 98.100 8.724
201609 8.571 98.000 9.376
201612 8.553 98.400 9.318
201703 6.853 98.100 7.489
201706 9.777 98.500 10.641
201709 9.664 98.800 10.486
201712 9.194 99.400 9.915
201803 7.380 99.200 7.975
201806 9.558 99.200 10.329
201809 9.572 99.900 10.271
201812 9.263 99.700 9.960
201903 7.463 99.700 8.024
201906 9.912 99.800 10.647
201909 10.445 100.100 11.186
201912 9.697 100.500 10.343
202003 7.507 100.300 8.023
202006 8.381 99.900 8.993
202009 10.288 99.900 11.040
202012 8.696 99.300 9.388
202103 6.963 99.900 7.472
202106 8.581 99.500 9.245
202109 8.933 100.100 9.567
202112 9.446 100.100 10.116
202203 7.507 101.100 7.960
202206 9.120 101.800 9.604
202209 9.718 103.100 10.104
202212 9.129 104.100 9.401
202303 7.671 104.400 7.877
202306 8.976 105.200 9.147
202309 9.630 106.200 9.721
202312 9.377 106.800 9.412
202403 7.472 107.200 7.472

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.


Asahi Group Holdings  (STU:ABW) 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.


Asahi Group Holdings Cyclically Adjusted PS Ratio Related Terms

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


Asahi Group Holdings (STU:ABW) Business Description

Traded in Other Exchanges
Address
1-23-1, Azumabashi, Sumida-ku, Tokyo, JPN, 130-8602
Asahi is a leading brewer in Japan with an estimated 36.5% market share by volume in Japan's beer and beer-like market, led by its Asahi Super Dry beer brand. It also operates a wide range of acholic and soft beverage products as well as packaged foods, mainly in Japan. It has made inroads into Europe through acquisitions of SABMiller's brands including Peroni and Pilsner Urquell in Western and Central Europe in 2016 and 2017. The acquisition of Carlton United Breweries has granted Asahi the leading market share in Australia's beer market with Great Northern the leading brand. East Asia including China and Southeast Asia are the other overseas markets where Asahi is growing. Overseas business represents nearly half of the group sales and 60% of business profits.

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