GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Pactiv Evergreen Inc (NAS:PTVE) » Definitions » Cyclically Adjusted PS Ratio

Pactiv Evergreen (Pactiv Evergreen) Cyclically Adjusted PS Ratio : 0.29 (As of Apr. 27, 2024)


View and export this data going back to 2020. Start your Free Trial

What is Pactiv Evergreen Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Pactiv Evergreen's current share price is $15.53. Pactiv Evergreen's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was $52.74. Pactiv Evergreen's Cyclically Adjusted PS Ratio for today is 0.29.

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

PTVE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.25   Max: 0.29
Current: 0.29

During the past 11 years, Pactiv Evergreen's highest Cyclically Adjusted PS Ratio was 0.29. The lowest was 0.14. And the median was 0.25.

PTVE's Cyclically Adjusted PS Ratio is ranked better than
80.84% of 308 companies
in the Packaging & Containers industry
Industry Median: 0.73 vs PTVE: 0.29

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.

Pactiv Evergreen's adjusted revenue per share data of for the fiscal year that ended in Dec23 was $30.834. 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 $52.74 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pactiv Evergreen Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Pactiv Evergreen'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.

Pactiv Evergreen Cyclically Adjusted PS Ratio Chart

Pactiv Evergreen 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 - - - 0.20 0.26

Pactiv Evergreen 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 0.20 - - - 0.26

Competitive Comparison of Pactiv Evergreen's Cyclically Adjusted PS Ratio

For the Packaging & Containers subindustry, Pactiv Evergreen'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.


Pactiv Evergreen's Cyclically Adjusted PS Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Pactiv Evergreen's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Pactiv Evergreen 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.

Pactiv Evergreen's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.53/52.74
=0.29

* 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.

Pactiv Evergreen's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Pactiv Evergreen's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=30.834/129.4194*129.4194
=30.834

Current CPI (Dec23) = 129.4194.

Pactiv Evergreen Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 66.445 99.070 86.800
201512 63.665 99.792 82.566
201612 60.635 101.863 77.038
201712 56.643 104.011 70.480
201812 30.232 105.998 36.912
201912 29.566 108.420 35.292
202012 32.073 109.897 37.771
202112 30.597 117.630 33.664
202212 34.865 125.222 36.034
202312 30.834 129.419 30.834

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.


Pactiv Evergreen  (NAS:PTVE) 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.


Pactiv Evergreen Cyclically Adjusted PS Ratio Related Terms

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


Pactiv Evergreen (Pactiv Evergreen) Business Description

Traded in Other Exchanges
Address
1900 West Field Court, Lake Forest, IL, USA, 60045
Pactiv Evergreen Inc is engaged in the business of manufacturing and distributing fresh foodservice and food merchandising products and fresh beverage cartons. It operates in three segments: Foodservice, Food Merchandising, and Beverage Merchandising. These segments manufacture a broad range of products such as food containers, drinkware, tableware, service ware, ready-to-eat food containers, clear rigid-display containers, trays for meat and poultry, molded fiber egg cartons, printed cartons, spouts & filling machines, and other products. The company's geographical segments are the United States, the Rest of North America, and Others, of which the vast majority of its revenue comes from the United States.
Executives
Allen Hugli director C/O RANK GROUP, LEVEL II, 148 QUAY ST, AUCKLAND Q2 00000
Duncan Hawkesby director C/O PACTIV EVERGREEN INC., 1900 W. FIELD COURT, LAKE FOREST IL 60045
Tim A. Levenda officer: President, Foodservice 1900 W. FIELD COURT, LAKE FOREST IL 60045
Jonathan Baksht officer: Chief Financial Officer 5847 SAN FELIPE, SUITE 3300, HOUSTON TX 77057
Eric Wulf officer: President, Food Merchandising 1900 W. FIELD COURT, LAKE FOREST IL 60045
Chandra J Mitchell officer: Chief Legal Officer & Sec. C/O 7 ACQUISITION CORPORATION, 750 EAST MAIN STREET, SUITE 600, STAMFORD CT 06902
Douglas Owenby officer: Chief Operations Officer C/O PACTIV EVERGREEN INC, 1900 W FIELD COURT, LAKE FOREST IL 60045
Byron Jason Racki officer: Pres., Beverage Merchandising 3460 PRESTON RIDGE ROAD, SUITE 600, ALPHARETTA GA 30005
Michael Jack King director 1900 W. FIELD COURT, LAKE FOREST IL 60045
Rolf Stangl director 1900 W. FIELD COURT, LAKE FOREST IL 60045
John P. Rooney officer: Pres, Beverage Merchandising 1900 W. FIELD COURT, LAKE FOREST IL 60045
Michael Ragen officer: COO and CFO 1900 W. FIELD COURT, LAKE FOREST IL 60045
Jonathan D Rich director 1144 EAST MARKET STREET, AKRON OH 44316-0001
John T. Mcgrath director, officer: Chief Executive Officer 1900 W. FIELD COURT, LAKE FOREST IL 60045
Felicia D Thornton director 250 PARKCENTER BLVD PO BOX 20, BOISE ID 83726