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United Breweries (BOM:532478) Cyclically Adjusted PS Ratio : 8.28 (As of Apr. 28, 2024)


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What is United Breweries Cyclically Adjusted PS Ratio?

As of today (2024-04-28), United Breweries's current share price is ₹2045.55. United Breweries's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 was ₹247.05. United Breweries's Cyclically Adjusted PS Ratio for today is 8.28.

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

BOM:532478' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.11   Med: 5.99   Max: 8.28
Current: 8.28

During the past 13 years, United Breweries's highest Cyclically Adjusted PS Ratio was 8.28. The lowest was 4.11. And the median was 5.99.

BOM:532478's Cyclically Adjusted PS Ratio is ranked worse than
90.96% of 166 companies
in the Beverages - Alcoholic industry
Industry Median: 1.765 vs BOM:532478: 8.28

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.

United Breweries's adjusted revenue per share data of for the fiscal year that ended in Mar23 was ₹277.249. 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 ₹247.05 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


United Breweries Cyclically Adjusted PS Ratio Historical Data

The historical data trend for United Breweries'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.

United Breweries Cyclically Adjusted PS Ratio Chart

United Breweries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.05 4.28 5.66 6.49 5.77

United Breweries 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 - 5.77 - - -

Competitive Comparison of United Breweries's Cyclically Adjusted PS Ratio

For the Beverages - Brewers subindustry, United Breweries'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.


United Breweries's Cyclically Adjusted PS Ratio Distribution in the Beverages - Alcoholic Industry

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

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



United Breweries 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.

United Breweries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2045.55/247.05
=8.28

* 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.

United Breweries's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 is calculated as:

For example, United Breweries's adjusted Revenue per Share data for the fiscal year that ended in Mar23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=277.249/146.8646*146.8646
=277.249

Current CPI (Mar23) = 146.8646.

United Breweries Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 143.250 91.425 230.116
201503 157.914 97.163 238.692
201603 173.530 102.518 248.594
201703 170.662 105.196 238.262
201803 202.834 109.786 271.337
201903 235.058 118.202 292.057
202003 236.752 124.705 278.822
202103 153.499 131.771 171.082
202203 211.985 138.822 224.267
202303 277.249 146.865 277.249

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.


United Breweries  (BOM:532478) 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.


United Breweries Cyclically Adjusted PS Ratio Related Terms

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


United Breweries (BOM:532478) Business Description

Traded in Other Exchanges
Address
No. 24 Vittal Mallya Road, UB Tower, UB City, Bengaluru, KA, IND, 560 001
United Breweries Ltd brews and sells beer and flavored malt beverages in India. The company has dozens of production facilities in India, and it licenses its brands to be manufactured in the United Kingdom, Australia, and New Zealand for sale worldwide. The company's flagship brand is Kingfisher, which is prominent in India and is sold in dozens of countries around the world. It has two segments Beer and Non-alcoholic beverages. It derives the majority of its revenue from the Beer segment. The company's other brands include Bullet, Cannon 10000, Kalyani, UB Export, Zingaroo, and London Pilsner. United Breweries also sells the Heineken brand in India.

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