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Associated British Foods (Associated British Foods) Cyclically Adjusted PS Ratio : 1.15 (As of Apr. 27, 2024)


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What is Associated British Foods Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Associated British Foods's current share price is $33.13. Associated British Foods's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Aug23 was $28.85. Associated British Foods's Cyclically Adjusted PS Ratio for today is 1.15.

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

ASBFY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.6   Med: 1.46   Max: 2.55
Current: 1.19

During the past 13 years, Associated British Foods's highest Cyclically Adjusted PS Ratio was 2.55. The lowest was 0.60. And the median was 1.46.

ASBFY's Cyclically Adjusted PS Ratio is ranked worse than
62.76% of 1356 companies
in the Consumer Packaged Goods industry
Industry Median: 0.79 vs ASBFY: 1.19

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.

Associated British Foods's adjusted revenue per share data of for the fiscal year that ended in Aug23 was $32.256. 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 $28.85 for the trailing ten years ended in Aug23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Associated British Foods Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Associated British Foods'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.

Associated British Foods Cyclically Adjusted PS Ratio Chart

Associated British Foods Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.25 1.11 1.04 0.73 0.88

Associated British Foods Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 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 - 0.73 - 0.88 -

Competitive Comparison of Associated British Foods's Cyclically Adjusted PS Ratio

For the Packaged Foods subindustry, Associated British Foods'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.


Associated British Foods's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Associated British Foods's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Associated British Foods's Cyclically Adjusted PS Ratio falls into.



Associated British Foods 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.

Associated British Foods's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=33.13/28.85
=1.15

* 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.

Associated British Foods's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Aug23 is calculated as:

For example, Associated British Foods's adjusted Revenue per Share data for the fiscal year that ended in Aug23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Aug23 (Change)*Current CPI (Aug23)
=32.256/129.4000*129.4000
=32.256

Current CPI (Aug23) = 129.4000.

Associated British Foods Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201408 27.351 99.900 35.428
201508 25.238 100.300 32.560
201608 22.201 101.200 28.387
201708 25.180 104.000 31.330
201808 25.372 106.500 30.828
201908 24.368 108.300 29.116
202008 23.182 108.800 27.571
202108 24.241 112.100 27.982
202208 25.799 121.800 27.409
202308 32.256 129.400 32.256

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.


Associated British Foods  (OTCPK:ASBFY) 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.


Associated British Foods Cyclically Adjusted PS Ratio Related Terms

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


Associated British Foods (Associated British Foods) Business Description

Address
10 Grosvenor Street, Weston Centre, London, GBR, W1K 4QY
Associated British Foods is a diversified international retail, food, and ingredients group with 130,000 employees and operations in 50 countries across Europe, southern Africa, the Americas, Asia, and Australia. The group sells branded grocery products, grows and processes sugar, supplies farmers with crop input and animal feed, and runs the popular Primark clothing retail chain. It also supplies ingredients like baker's yeast, enzymes, lipids, and cereal specialities. Some 40% of sales are in the U.K., and Primark generates more than half of the firm's operating profit.

Associated British Foods (Associated British Foods) Headlines

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