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Cal-Maine Foods (Cal-Maine Foods) Cyclically Adjusted PS Ratio : 1.39 (As of Apr. 27, 2024)


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What is Cal-Maine Foods Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Cal-Maine Foods's current share price is $56.87. Cal-Maine Foods's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was $40.87. Cal-Maine Foods's Cyclically Adjusted PS Ratio for today is 1.39.

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

CALM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.07   Med: 1.47   Max: 2.64
Current: 1.39

During the past years, Cal-Maine Foods's highest Cyclically Adjusted PS Ratio was 2.64. The lowest was 1.07. And the median was 1.47.

CALM's Cyclically Adjusted PS Ratio is ranked worse than
67.77% of 1356 companies
in the Consumer Packaged Goods industry
Industry Median: 0.79 vs CALM: 1.39

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.

Cal-Maine Foods's adjusted revenue per share data for the three months ended in Feb. 2024 was $14.383. 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 $40.87 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cal-Maine Foods Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Cal-Maine 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.

Cal-Maine Foods Cyclically Adjusted PS Ratio Chart

Cal-Maine Foods Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.25 1.48 1.09 1.34 1.19

Cal-Maine Foods Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 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 1.46 1.19 1.18 1.18 1.41

Competitive Comparison of Cal-Maine Foods's Cyclically Adjusted PS Ratio

For the Farm Products subindustry, Cal-Maine 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.


Cal-Maine Foods's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Cal-Maine Foods's Cyclically Adjusted PS Ratio falls into.



Cal-Maine 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.

Cal-Maine Foods's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=56.87/40.87
=1.39

* 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.

Cal-Maine Foods's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Cal-Maine Foods's adjusted Revenue per Share data for the three months ended in Feb. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=14.383/129.4194*129.4194
=14.383

Current CPI (Feb. 2024) = 129.4194.

Cal-Maine Foods Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 7.699 100.373 9.927
201408 7.375 100.352 9.511
201411 7.822 99.635 10.160
201502 9.032 99.032 11.803
201505 8.310 100.333 10.719
201508 12.576 100.548 16.187
201511 11.290 100.135 14.592
201602 9.299 100.040 12.030
201605 6.263 101.355 7.997
201608 4.971 101.617 6.331
201611 5.255 101.829 6.679
201702 6.331 102.779 7.972
201705 5.651 103.256 7.083
201708 5.439 103.587 6.795
201711 7.473 104.072 9.293
201802 8.990 105.052 11.075
201805 9.137 106.148 11.140
201808 7.020 106.383 8.540
201811 7.336 106.338 8.928
201902 7.912 106.649 9.601
201905 5.759 108.048 6.898
201908 4.978 108.245 5.952
201911 6.430 108.519 7.668
202002 7.113 109.139 8.435
202005 9.257 108.175 11.075
202008 6.037 109.662 7.125
202011 7.140 109.793 8.416
202102 7.380 110.968 8.607
202105 7.186 113.576 8.188
202108 6.652 115.421 7.459
202111 7.788 117.269 8.595
202202 9.737 119.703 10.527
202205 12.397 123.323 13.010
202208 13.488 124.958 13.970
202211 16.415 125.607 16.913
202302 20.423 126.928 20.824
202305 14.101 128.314 14.222
202308 9.405 129.538 9.396
202311 10.708 129.548 10.697
202402 14.383 129.419 14.383

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.


Cal-Maine Foods  (NAS:CALM) 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.


Cal-Maine Foods Cyclically Adjusted PS Ratio Related Terms

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


Cal-Maine Foods (Cal-Maine Foods) Business Description

Traded in Other Exchanges
Address
1052 Highland Colony Parkway, Suite 200, Ridgeland, MS, USA, 39157
Cal-Maine Foods Inc produces and sells shell eggs. Its main market is the United States. The company's product portfolio contains nutritionally enhanced, cage-free, organic, and brown eggs. Cal-Maine Foods markets the shell eggs to a diverse group of customers, including grocery-store chains, club stores, and food service distributors. The company's brands are Egg-Land's, Land O' Lakes, Farmhouse, and 4-Grain. The Company has one reportable operating segment, which is the production, grading, packaging, marketing and distribution of shell eggs.
Executives
Charles Jeff Hardin officer: Vice President Marketing 3650 GUENTHER ROAD, LAGRANGE TX 78945
Michael Todd Walters officer: COO 1052 HIGHLAND COLONY PKWY, RIDGELAND MS 39157
Letitia Callender Hughes director 48 AVERY CIRCLE, JACKSON MS 39211
James E Poole director PO BOX 5167, JACKSON MS 39296
Matthew Samuel Glover officer: Vice President - Accounting 1052 HIGHLAND COLONY PKWY, RIDGELAND MS 39157
Camille S Young director 2992 WEST BEACH BLVD, GULFPORT MS 39501
Adolphus B Baker director, 10 percent owner, officer: Chairman, President & CEO P. O. BOX 2960, JACKSON MS 39207
Jean Morris Adams 10 percent owner 312 VIEWPOINTE PLACE, CLINTON MS 39056
Holladay Robert L Jr officer: VP - General Counsel 3320 W. WOODROW WILSON AVE, JACKSON MS 39209
Max P Bowman director, officer: Vice President, CFO, Sec/Treas 3320 W. WOODROW WILSON AVE., JACKSON MS 39209
Dlnl, Llc 10 percent owner 3320 W. WOODROW WILSON AVE., JACKSON MS 39209
Adams Fred R Jr 10 percent owner C/O CM FOODS, PO BOX 2960, JACKSON MS 39207
Steve W Sanders director 2 OAKLEIGH PLACE, JACKSON MS 39211
Michael D Castleberry officer: Vice President, Controller 3320 W. WOODROW WILSON AVE, JACKSON MS 39209
Timothy A Dawson director, officer: Vice President, CFO, Sec/Treas CAL-MAINE FOODS, INC., PO BOX 2960, JACKSON MS 39207