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Tesco (TSCDY) Cyclically Adjusted PS Ratio : 0.29 (As of Apr. 27, 2024)


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What is Tesco Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Tesco's current share price is $10.91. Tesco's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Feb24 was $38.15. Tesco's Cyclically Adjusted PS Ratio for today is 0.29.

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

TSCDY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.28   Max: 0.57
Current: 0.29

During the past 13 years, Tesco's highest Cyclically Adjusted PS Ratio was 0.57. The lowest was 0.19. And the median was 0.28.

TSCDY's Cyclically Adjusted PS Ratio is ranked better than
58.15% of 227 companies
in the Retail - Defensive industry
Industry Median: 0.37 vs TSCDY: 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.

Tesco's adjusted revenue per share data of for the fiscal year that ended in Feb24 was $35.993. 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 $38.15 for the trailing ten years ended in Feb24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tesco Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Tesco'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.

Tesco Cyclically Adjusted PS Ratio Chart

Tesco Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.24 0.31 0.26 0.28

Tesco Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 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 0.31 - 0.26 - 0.28

Competitive Comparison of Tesco's Cyclically Adjusted PS Ratio

For the Grocery Stores subindustry, Tesco'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.


Tesco's Cyclically Adjusted PS Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Tesco's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Tesco 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.

Tesco's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.91/38.15
=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.

Tesco's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Feb24 is calculated as:

For example, Tesco's adjusted Revenue per Share data for the fiscal year that ended in Feb24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb24 (Change)*Current CPI (Feb24)
=35.993/130.0000*130.0000
=35.993

Current CPI (Feb24) = 130.0000.

Tesco Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201502 40.924 99.500 53.469
201602 35.915 100.100 46.643
201702 32.518 102.400 41.283
201802 37.247 104.900 46.159
201902 32.407 106.800 39.447
202002 29.227 108.600 34.986
202102 24.944 109.400 29.641
202202 32.149 115.400 36.216
202302 31.846 126.000 32.857
202402 35.993 130.000 35.993

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.


Tesco  (OTCPK:TSCDY) 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.


Tesco Cyclically Adjusted PS Ratio Related Terms

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


Tesco (TSCDY) Business Description

Address
Kestrel Way, Tesco House, Shire Park, Welwyn Garden, GBR, AL7 1GA
Tesco is one of the largest food retailers in the world, operating thousands of stores in the United Kingdom, Ireland, and Europe. According to Kantar, Tesco is the market leader in the U.K. with a share of more than 27%, roughly double that of Asda or Sainsbury's. Tesco operates a core supermarket business in addition to convenience and neighborhood outlets. With a 35% digital market share in the U.K., the company holds a dominant position online. Tesco gained exposure to the cash-and-carry and out-of-home delivering industries with the landmark GBP 4 billion acquisition of Booker in 2018.

Tesco (TSCDY) Headlines

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