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Asahi Group Holdings (Asahi Group Holdings) Cyclically Adjusted PS Ratio : 1.10 (As of Apr. 28, 2024)


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What is Asahi Group Holdings Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Asahi Group Holdings's current share price is $35.8096. Asahi Group Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $32.41. Asahi Group Holdings's Cyclically Adjusted PS Ratio for today is 1.10.

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

ASBRF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.81   Med: 1.2   Max: 1.64
Current: 1.17

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.

ASBRF's Cyclically Adjusted PS Ratio is ranked better than
59.64% of 166 companies
in the Beverages - Alcoholic industry
Industry Median: 1.765 vs ASBRF: 1.17

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 Dec. 2023 was $10.225. 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 $32.41 for the trailing ten years ended in Dec. 2023.

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
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 0.93 1.10 1.23 1.21 1.12

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
=35.8096/32.41
=1.10

* 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 Dec. 2023 is calculated as:

For example, Asahi Group Holdings'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)
=10.225/106.8000*106.8000
=10.225

Current CPI (Dec. 2023) = 106.8000.

Asahi Group Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 7.515 95.700 8.387
201406 8.760 98.000 9.547
201409 9.677 98.500 10.492
201412 8.877 97.900 9.684
201503 6.712 97.900 7.322
201506 8.471 98.400 9.194
201509 9.117 98.500 9.885
201512 5.941 98.100 6.468
201603 6.686 97.900 7.294
201606 8.970 98.100 9.766
201609 9.620 98.000 10.484
201612 9.022 98.400 9.792
201703 7.330 98.100 7.980
201706 10.985 98.500 11.911
201709 11.518 98.800 12.451
201712 10.880 99.400 11.690
201803 9.100 99.200 9.797
201806 11.166 99.200 12.021
201809 11.170 99.900 11.942
201812 10.538 99.700 11.288
201903 8.433 99.700 9.034
201906 11.200 99.800 11.986
201909 11.503 100.100 12.273
201912 10.774 100.500 11.449
202003 8.295 100.300 8.833
202006 9.439 99.900 10.091
202009 12.118 99.900 12.955
202012 10.579 99.300 11.378
202103 8.290 99.900 8.863
202106 10.339 99.500 11.098
202109 10.509 100.100 11.212
202112 10.674 100.100 11.388
202203 8.268 101.100 8.734
202206 9.641 101.800 10.115
202209 9.621 103.100 9.966
202212 9.671 104.100 9.922
202303 8.213 104.400 8.402
202306 9.725 105.200 9.873
202309 10.277 106.200 10.335
202312 10.225 106.800 10.225

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  (OTCPK:ASBRF) 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 (Asahi Group Holdings) 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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