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Greencore Group (CHIX:GNCL) Cyclically Adjusted PS Ratio : 0.42 (As of Apr. 27, 2024)


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What is Greencore Group Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Greencore Group's current share price is £1.338. Greencore Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Sep23 was £3.20. Greencore Group's Cyclically Adjusted PS Ratio for today is 0.42.

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

CHIX:GNCl' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.71   Max: 1.21
Current: 0.4

During the past 13 years, Greencore Group's highest Cyclically Adjusted PS Ratio was 1.21. The lowest was 0.21. And the median was 0.71.

CHIX:GNCl's Cyclically Adjusted PS Ratio is ranked better than
70.35% of 1356 companies
in the Consumer Packaged Goods industry
Industry Median: 0.79 vs CHIX:GNCl: 0.40

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.

Greencore Group's adjusted revenue per share data of for the fiscal year that ended in Sep23 was £3.854. 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 £3.20 for the trailing ten years ended in Sep23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Greencore Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Greencore Group'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.

Greencore Group Cyclically Adjusted PS Ratio Chart

Greencore Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 0.38 0.53 0.25 0.24

Greencore Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.53 - 0.25 - 0.24

Competitive Comparison of Greencore Group's Cyclically Adjusted PS Ratio

For the Packaged Foods subindustry, Greencore Group'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.


Greencore Group's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Greencore Group 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.

Greencore Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.338/3.2
=0.42

* 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.

Greencore Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Sep23 is calculated as:

For example, Greencore Group's adjusted Revenue per Share data for the fiscal year that ended in Sep23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep23 (Change)*Current CPI (Sep23)
=3.854/120.7077*120.7077
=3.854

Current CPI (Sep23) = 120.7077.

Greencore Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201409 2.542 100.474 3.054
201509 2.667 100.274 3.210
201609 2.940 100.274 3.539
201709 2.197 100.474 2.639
201809 2.128 101.371 2.534
201909 2.710 102.268 3.199
202009 2.842 101.072 3.394
202109 2.585 104.859 2.976
202209 3.310 113.431 3.522
202309 3.854 120.708 3.854

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.


Greencore Group  (CHIX:GNCl) 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.


Greencore Group Cyclically Adjusted PS Ratio Related Terms

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


Greencore Group (CHIX:GNCL) Business Description

Traded in Other Exchanges
Address
No. 2 Northwood Avenue, Northwood Business Park, Santry, Dublin, IRL, D09 X5N9
Greencore Group PLC is a convenience food manufacturer that supplies chilled and frozen food to customers based in U.K. and the U.S. The company's operating business segment is Convenience Foods UK & Ireland. The UK Convenience Food categories including sandwiches, sushi, salads, chilled ready meals, chilled soups and sauces, chilled quiche, ambient sauces and pickles, frozen Yorkshire Puddings and cakes and desserts categories as well as the Irish Ingredients trading business.

Greencore Group (CHIX:GNCL) Headlines

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