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Primo Water (Primo Water) Cyclically Adjusted PS Ratio : 1.20 (As of Apr. 27, 2024)


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What is Primo Water Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Primo Water's current share price is $18.95. Primo Water's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $15.80. Primo Water's Cyclically Adjusted PS Ratio for today is 1.20.

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

PRMW' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.78   Max: 1.23
Current: 1.23

During the past years, Primo Water's highest Cyclically Adjusted PS Ratio was 1.23. The lowest was 0.25. And the median was 0.78.

PRMW's Cyclically Adjusted PS Ratio is ranked better than
54.43% of 79 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 1.43 vs PRMW: 1.23

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.

Primo Water's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.062. 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 $15.80 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Primo Water Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Primo Water'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.

Primo Water Cyclically Adjusted PS Ratio Chart

Primo Water 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 0.77 0.89 1.02 0.97 0.95

Primo Water 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 0.97 0.96 0.77 0.87 0.95

Competitive Comparison of Primo Water's Cyclically Adjusted PS Ratio

For the Beverages - Non-Alcoholic subindustry, Primo Water'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.


Primo Water's Cyclically Adjusted PS Ratio Distribution in the Beverages - Non-Alcoholic Industry

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

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



Primo Water 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.

Primo Water's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=18.95/15.8
=1.20

* 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.

Primo Water's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Primo Water'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)
=0.062/125.4675*125.4675
=0.062

Current CPI (Dec. 2023) = 125.4675.

Primo Water Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 5.037 98.604 6.409
201406 5.828 99.473 7.351
201409 5.670 99.394 7.157
201412 5.358 98.367 6.834
201503 7.616 99.789 9.576
201506 7.785 100.500 9.719
201509 6.844 100.421 8.551
201512 -9.644 99.947 -12.106
201603 6.166 101.054 7.656
201606 6.160 102.002 7.577
201609 3.449 101.765 4.252
201612 3.764 101.449 4.655
201703 3.870 102.634 4.731
201706 4.177 103.029 5.087
201709 4.120 103.345 5.002
201712 4.099 103.345 4.976
201803 3.940 105.004 4.708
201806 4.261 105.557 5.065
201809 4.316 105.636 5.126
201812 0.124 105.399 0.148
201903 3.146 106.979 3.690
201906 3.318 107.690 3.866
201909 3.466 107.611 4.041
201912 3.266 107.769 3.802
202003 3.360 107.927 3.906
202006 2.856 108.401 3.306
202009 3.206 108.164 3.719
202012 3.144 108.559 3.634
202103 2.978 110.298 3.388
202106 3.256 111.720 3.657
202109 3.401 112.905 3.779
202112 0.132 113.774 0.146
202203 3.269 117.646 3.486
202206 3.546 120.806 3.683
202209 3.609 120.648 3.753
202212 0.068 120.964 0.071
202303 3.399 122.702 3.476
202306 3.710 124.203 3.748
202309 3.886 125.230 3.893
202312 0.062 125.468 0.062

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.


Primo Water  (NYSE:PRMW) 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.


Primo Water Cyclically Adjusted PS Ratio Related Terms

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


Primo Water (Primo Water) Business Description

Traded in Other Exchanges
Address
1200 Britannia Road East, Mississauga, ON, CAN, L4W 4T5
Primo Water is a pure-play water provider with a variety of products and services, including water delivery, exchange, refill/filtration, and water dispensers in 21 countries, mostly in North America and Europe. The firm usually initiates the customer relationship with the sale of water dispensers, and then generates recurring revenue via the water direct and exchange services (two thirds of total sales) by delivering large-format (typically three gallons or greater) water bottles to residential and commercial customers for use atop or inside the dispensers. Primo generates 75% of revenue and all its profits in North America, while its European operation has yet to turn a profit.
Executives
Mercedes Romero officer: Chief Procurement Officer 4221 WEST BOY SCOUT BOULEVARD, TAMPA FL 33607
Britta Bomhard director 500 CHARLES EWING BLVD, EWING NJ 08628
Derek R. Lewis director 1150 ASSEMBLY DR., SUITE 800, TAMPA FL 33607-4853
Lori Tauber Marcus director C/O THE CHILDREN'S PLACE, 500 PLAZA DRIVE, SECAUCUS NJ 07094
Archana Singh director 111 RIVER STREET, HOBOKEN NJ 08559
Steven P Stanbrook director 1525 HOWE ST, RACINE WI 53403
Billy D Prim director 101 NORTH CHERRY STREET, SUITE 501, WINSTON SALEM NC 27101
Susan E. Cates director 101 NORTH CHERRY STREET, SUITE 501, WINSTON-SALEM NC 27101
Eric J Foss director
Thomas Harrington officer: Chief Executive Officer 5519 IDLEWILD AVENUE, TAMPA FL 33634
William Alan Jamieson officer: Global CIO 4221 WEST BOY SCOUT BOULEVARD, TAMPA FL 33607
David W. Hass officer: Chief Financial Officer 101 NORTH CHERRY STREET, SUITE 501, WINSTON-SALEM NC 27101
Jason R Ausher officer: Chief Accounting Officer 110 CORPORATE DRIVE, SUITE 10, PORTSMOUTH NH 03801
Anne Melaragni officer: Chief Human Resources Officer 4221 WEST BOY SCOUT BOULEVARD, TAMPA FL 33607
Marni Morgan Poe officer: Chief Legal Officer/Secretary 5519 W. IDLEWILD AVENUE, TAMPA FL 33634