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Alimentation Couche-Tard (TSX:ATD) Cyclically Adjusted PS Ratio : 1.10 (As of May. 16, 2024)


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What is Alimentation Couche-Tard Cyclically Adjusted PS Ratio?

As of today (2024-05-16), Alimentation Couche-Tard's current share price is C$76.71. Alimentation Couche-Tard's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was C$69.60. Alimentation Couche-Tard's Cyclically Adjusted PS Ratio for today is 1.10.

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

TSX:ATD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.6   Med: 1.02   Max: 1.38
Current: 1.1

During the past years, Alimentation Couche-Tard's highest Cyclically Adjusted PS Ratio was 1.38. The lowest was 0.60. And the median was 1.02.

TSX:ATD's Cyclically Adjusted PS Ratio is ranked worse than
71.58% of 760 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs TSX:ATD: 1.10

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.

Alimentation Couche-Tard's adjusted revenue per share data for the three months ended in Jan. 2024 was C$27.328. 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 C$69.60 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alimentation Couche-Tard Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Alimentation Couche-Tard'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.

Alimentation Couche-Tard Cyclically Adjusted PS Ratio Chart

Alimentation Couche-Tard Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.01 0.90 0.86 1.01 1.04

Alimentation Couche-Tard Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 1.04 1.00 1.11 1.13

Competitive Comparison of Alimentation Couche-Tard's Cyclically Adjusted PS Ratio

For the Specialty Retail subindustry, Alimentation Couche-Tard'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.


Alimentation Couche-Tard's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Alimentation Couche-Tard's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Alimentation Couche-Tard's Cyclically Adjusted PS Ratio falls into.



Alimentation Couche-Tard 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.

Alimentation Couche-Tard's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=76.71/69.6
=1.10

* 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.

Alimentation Couche-Tard's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Alimentation Couche-Tard's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=27.328/125.4675*125.4675
=27.328

Current CPI (Jan. 2024) = 125.4675.

Alimentation Couche-Tard Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 8.659 98.920 10.983
201407 8.680 99.315 10.966
201410 8.821 99.473 11.126
201501 9.706 98.209 12.400
201504 7.899 99.710 9.939
201507 10.148 100.579 12.659
201510 9.688 100.500 12.095
201601 11.645 100.184 14.584
201604 8.329 101.370 10.309
201607 9.654 101.844 11.893
201610 9.829 102.002 12.090
201701 13.218 102.318 16.209
201704 11.355 103.029 13.828
201707 10.974 103.029 13.364
201710 13.445 103.424 16.311
201801 17.371 104.056 20.945
201804 15.344 105.320 18.279
201807 17.187 106.110 20.322
201810 16.920 105.952 20.037
201901 19.436 105.557 23.102
201904 15.519 107.453 18.121
201907 16.420 108.243 19.033
201910 16.008 107.927 18.610
202001 19.329 108.085 22.437
202004 12.177 107.216 14.250
202007 11.762 108.401 13.614
202010 12.638 108.638 14.596
202101 15.085 109.192 17.334
202104 14.040 110.851 15.891
202107 15.836 112.431 17.672
202110 16.486 113.695 18.193
202201 22.085 114.801 24.137
202204 19.800 118.357 20.990
202207 23.496 120.964 24.371
202210 22.591 121.517 23.325
202301 26.760 121.596 27.612
202304 22.240 123.571 22.581
202307 21.061 124.914 21.154
202310 23.265 125.310 23.294
202401 27.328 125.468 27.328

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.


Alimentation Couche-Tard  (TSX:ATD) 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.


Alimentation Couche-Tard Cyclically Adjusted PS Ratio Related Terms

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


Alimentation Couche-Tard (TSX:ATD) Business Description

Traded in Other Exchanges
Address
4204 Boulevard Industriel, Laval, QC, CAN, H7L 0E3
Alimentation Couche-Tard Inc operates a network of convenience stores across North America, Ireland, Scandinavia, Poland, the Baltics, and Russia. The company primarily generates income through the sale of tobacco products, groceries, beverages, fresh food, quick service restaurants, car wash services, other retail products and services, road transportation fuel, stationary energy, marine fuel, and chemicals. In addition, the company operates more stores under the Circle K banner in other countries such as China, Egypt, and Malaysia. Its operation is geographically divided into U.S., Europe, and Canada. Revenue from external customers fall mainly into three categories: merchandise and services, road transportation fuel, and other.
Executives
Éric Boyko Director

Alimentation Couche-Tard (TSX:ATD) Headlines

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