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Molson Coors Canada (TSX:TPX.A) Cyclically Adjusted PS Ratio : 1.38 (As of Apr. 30, 2024)


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What is Molson Coors Canada Cyclically Adjusted PS Ratio?

As of today (2024-04-30), Molson Coors Canada's current share price is C$87.88. Molson Coors Canada's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was C$63.81. Molson Coors Canada's Cyclically Adjusted PS Ratio for today is 1.38.

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

TSX:TPX.A' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.06   Med: 1.37   Max: 2.02
Current: 1.41

During the past years, Molson Coors Canada's highest Cyclically Adjusted PS Ratio was 2.02. The lowest was 1.06. And the median was 1.37.

TSX:TPX.A's Cyclically Adjusted PS Ratio is ranked better than
52.38% of 168 companies
in the Beverages - Alcoholic industry
Industry Median: 1.77 vs TSX:TPX.A: 1.41

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.

Molson Coors Canada's adjusted revenue per share data for the three months ended in Dec. 2023 was C$17.286. 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$63.81 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Molson Coors Canada Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Molson Coors Canada'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.

Molson Coors Canada Cyclically Adjusted PS Ratio Chart

Molson Coors Canada 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 1.84 1.36 1.23 1.28 1.32

Molson Coors Canada Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.28 1.24 1.50 1.40 1.32

Competitive Comparison of Molson Coors Canada's Cyclically Adjusted PS Ratio

For the Beverages - Brewers subindustry, Molson Coors Canada'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.


Molson Coors Canada's Cyclically Adjusted PS Ratio Distribution in the Beverages - Alcoholic Industry

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

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



Molson Coors Canada 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.

Molson Coors Canada's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=87.88/63.81
=1.38

* 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.

Molson Coors Canada's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Molson Coors Canada's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=17.286/125.4675*125.4675
=17.286

Current CPI (Dec. 2023) = 125.4675.

Molson Coors Canada Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 4.886 98.604 6.217
201406 6.924 99.473 8.733
201409 6.948 99.394 8.771
201412 6.015 98.367 7.672
201503 4.726 99.789 5.942
201506 6.668 100.500 8.325
201509 7.256 100.421 9.066
201512 6.232 99.947 7.823
201603 4.238 101.054 5.262
201606 5.887 102.002 7.241
201609 5.743 101.765 7.081
201612 14.180 101.449 17.537
201703 15.141 102.634 18.510
201706 18.992 103.029 23.128
201709 16.352 103.345 19.852
201712 15.214 103.345 18.471
201803 13.921 105.004 16.634
201806 18.704 105.557 22.232
201809 17.657 105.636 20.972
201812 15.004 105.399 17.861
201903 14.199 106.979 16.653
201906 18.064 107.690 21.046
201909 17.371 107.611 20.253
201912 15.095 107.769 17.574
202003 13.546 107.927 15.747
202006 15.634 108.401 18.095
202009 16.787 108.164 19.472
202012 13.555 108.559 15.666
202103 10.976 110.298 12.486
202106 16.507 111.720 18.538
202109 16.437 112.905 18.266
202112 15.386 113.774 16.967
202203 12.873 117.646 13.729
202206 17.176 120.806 17.839
202209 17.993 120.648 18.712
202212 16.492 120.964 17.106
202303 14.774 122.702 15.107
202306 19.927 124.203 20.130
202309 20.510 125.230 20.549
202312 17.286 125.468 17.286

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.


Molson Coors Canada  (TSX:TPX.A) 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.


Molson Coors Canada Cyclically Adjusted PS Ratio Related Terms

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


Molson Coors Canada (TSX:TPX.A) Business Description

Traded in Other Exchanges
Address
33 Carlingview Drive, Toronto, ON, CAN, M9W 5E4
Molson Coors Canada Inc is a large global brewer and distributor of beer and other malt beverages. major brands include Coors Light, Miller Lite, Molson Canadian, Carling, Staropramen, Coors Banquet, Blue Moon, Vizzy, Leinenkugel, and Creemore. Its two segments are the Americas and EMEA&APAC segments. Americas segment operates in the U.S., Canada and various countries in the Caribbean, Latin and South America and EMEA&APAC segment operates in Bulgaria, Croatia, Czech Republic, Hungary, Montenegro, the Republic of Ireland, Romania, Serbia, the U.K., various other European countries, and certain countries within the Middle East, Africa and Asia Pacific. Its breweries are located across the U.S., Canada, and Europe, with the majority of the company's revenue generated in Americas.

Molson Coors Canada (TSX:TPX.A) Headlines

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