GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Molson Coors Beverage Co (STU:NY7) » Definitions » Cyclically Adjusted PS Ratio

Molson Coors Beverage Co (STU:NY7) Cyclically Adjusted PS Ratio : 1.36 (As of Apr. 27, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Molson Coors Beverage Co Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Molson Coors Beverage Co's current share price is €58.32. Molson Coors Beverage Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €42.81. Molson Coors Beverage Co's Cyclically Adjusted PS Ratio for today is 1.36.

The historical rank and industry rank for Molson Coors Beverage Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

STU:NY7' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1   Med: 1.84   Max: 4.69
Current: 1.31

During the past years, Molson Coors Beverage Co's highest Cyclically Adjusted PS Ratio was 4.69. The lowest was 1.00. And the median was 1.84.

STU:NY7's Cyclically Adjusted PS Ratio is ranked better than
55.42% of 166 companies
in the Beverages - Alcoholic industry
Industry Median: 1.765 vs STU:NY7: 1.31

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.

Molson Coors Beverage Co's adjusted revenue per share data for the three months ended in Dec. 2023 was €11.826. 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 €42.81 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Molson Coors Beverage Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Molson Coors Beverage Co'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.

Molson Coors Beverage Co Cyclically Adjusted PS Ratio Chart

Molson Coors Beverage Co 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 1.72 1.32 1.19 1.18 1.29

Molson Coors Beverage Co 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 1.18 1.15 1.43 1.35 1.29

Competitive Comparison of Molson Coors Beverage Co's Cyclically Adjusted PS Ratio

For the Beverages - Brewers subindustry, Molson Coors Beverage Co'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.


Molson Coors Beverage Co's Cyclically Adjusted PS Ratio Distribution in the Beverages - Alcoholic Industry

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

* The bar in red indicates where Molson Coors Beverage Co's Cyclically Adjusted PS Ratio falls into.



Molson Coors Beverage Co 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.

Molson Coors Beverage Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=58.32/42.81
=1.36

* 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.

Molson Coors Beverage Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Molson Coors Beverage Co'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)
=11.826/129.4194*129.4194
=11.826

Current CPI (Dec. 2023) = 129.4194.

Molson Coors Beverage Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.180 99.695 4.128
201406 4.705 100.560 6.055
201409 4.897 100.428 6.311
201412 4.230 99.070 5.526
201503 3.461 99.621 4.496
201506 4.805 100.684 6.176
201509 4.874 100.392 6.283
201512 4.172 99.792 5.411
201603 2.877 100.470 3.706
201606 4.064 101.688 5.172
201609 3.903 101.861 4.959
201612 10.077 101.863 12.803
201703 10.575 102.862 13.305
201706 12.714 103.349 15.921
201709 11.173 104.136 13.886
201712 10.068 104.011 12.527
201803 8.730 105.290 10.731
201806 12.198 106.317 14.849
201809 11.609 106.507 14.106
201812 9.815 105.998 11.984
201903 9.398 107.251 11.341
201906 12.030 108.070 14.407
201909 11.912 108.329 14.231
201912 10.316 108.420 12.314
202003 8.782 108.902 10.437
202006 10.244 108.767 12.189
202009 10.773 109.815 12.696
202012 8.699 109.897 10.244
202103 7.335 111.754 8.494
202106 11.212 114.631 12.658
202109 11.026 115.734 12.330
202112 10.638 117.630 11.704
202203 9.233 121.301 9.851
202206 12.690 125.017 13.137
202209 13.624 125.227 14.080
202212 11.460 125.222 11.844
202303 10.085 127.348 10.249
202306 13.843 128.729 13.917
202309 14.203 129.860 14.155
202312 11.826 129.419 11.826

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.


Molson Coors Beverage Co  (STU:NY7) 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.


Molson Coors Beverage Co Cyclically Adjusted PS Ratio Related Terms

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


Molson Coors Beverage Co (STU:NY7) Business Description

Traded in Other Exchanges
Address
NH353, P.O. Box 4030, Golden, CO, USA, 80401
Molson Coors owns well-known beer brands including Miller, Coors, Blue Moon, and Carling, and ranks as the second largest beer maker in both value and volume terms in the U.S., Canada, and the United Kingdom. Through licensing agreements, it also brews and distributes beer and hard seltzer under partner brands from Heineken, Anheuser-Busch InBev, Asahi, and Coca-Cola. The company uses independent distributors in the U.S. given the three-tier distribution requirements, while using a combination of distributors and an in-house sales team in Canada and Europe. North America remains its largest market contributing over 80% of total revenue.

Molson Coors Beverage Co (STU:NY7) Headlines

No Headlines