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CCL Industries (TSX:CCL.A) Cyclically Adjusted PS Ratio : 2.24 (As of Apr. 29, 2024)


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What is CCL Industries Cyclically Adjusted PS Ratio?

As of today (2024-04-29), CCL Industries's current share price is C$70.15. CCL Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was C$31.32. CCL Industries's Cyclically Adjusted PS Ratio for today is 2.24.

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

TSX:CCL.A' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.64   Med: 3.07   Max: 5.8
Current: 2.24

During the past years, CCL Industries's highest Cyclically Adjusted PS Ratio was 5.80. The lowest was 1.64. And the median was 3.07.

TSX:CCL.A's Cyclically Adjusted PS Ratio is ranked worse than
86.04% of 308 companies
in the Packaging & Containers industry
Industry Median: 0.735 vs TSX:CCL.A: 2.24

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.

CCL Industries's adjusted revenue per share data for the three months ended in Dec. 2023 was C$9.059. 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$31.32 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


CCL Industries Cyclically Adjusted PS Ratio Historical Data

The historical data trend for CCL Industries'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.

CCL Industries Cyclically Adjusted PS Ratio Chart

CCL Industries 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 3.05 2.94 2.79 2.11 1.90

CCL Industries 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 2.11 2.27 2.17 1.89 1.90

Competitive Comparison of CCL Industries's Cyclically Adjusted PS Ratio

For the Packaging & Containers subindustry, CCL Industries'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.


CCL Industries's Cyclically Adjusted PS Ratio Distribution in the Packaging & Containers Industry

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

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



CCL Industries 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.

CCL Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=70.15/31.32
=2.24

* 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.

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

For example, CCL Industries'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)
=9.059/125.4675*125.4675
=9.059

Current CPI (Dec. 2023) = 125.4675.

CCL Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.503 98.604 4.457
201406 3.715 99.473 4.686
201409 3.914 99.394 4.941
201412 3.638 98.367 4.640
201503 3.998 99.789 5.027
201506 4.116 100.500 5.139
201509 4.631 100.421 5.786
201512 4.515 99.947 5.668
201603 4.879 101.054 6.058
201606 5.445 102.002 6.698
201609 6.066 101.765 7.479
201612 5.969 101.449 7.382
201703 5.924 102.634 7.242
201706 7.182 103.029 8.746
201709 6.661 103.345 8.087
201712 6.926 103.345 8.409
201803 6.823 105.004 8.153
201806 7.100 105.557 8.439
201809 7.475 105.636 8.878
201812 7.488 105.399 8.914
201903 7.436 106.979 8.721
201906 7.592 107.690 8.845
201909 7.545 107.611 8.797
201912 7.139 107.769 8.311
202003 7.169 107.927 8.334
202006 6.821 108.401 7.895
202009 7.705 108.164 8.938
202012 7.455 108.559 8.616
202103 7.396 110.298 8.413
202106 7.905 111.720 8.878
202109 8.155 112.905 9.062
202112 8.227 113.774 9.073
202203 8.409 117.646 8.968
202206 8.995 120.806 9.342
202209 9.307 120.648 9.679
202212 8.904 120.964 9.236
202303 9.233 122.702 9.441
202306 9.283 124.203 9.377
202309 9.397 125.230 9.415
202312 9.059 125.468 9.059

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.


CCL Industries  (TSX:CCL.A) 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.


CCL Industries Cyclically Adjusted PS Ratio Related Terms

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


CCL Industries (TSX:CCL.A) Business Description

Traded in Other Exchanges
Address
111 Gordon Baker Road, Suite 801, Toronto, ON, CAN, M2H 3R1
CCL Industries Inc manufactures and sells packaging and packaging-related products. The company operates through various segments, which include The CCL segment, which generates the majority of revenue, sells pressure sensitive and extruded film materials used for labels on consumer packaging, healthcare, automotive, and consumer durable products. The Avery segment sells software, labels, tags, dividers, badges, and specialty card products under the Avery brand. The Checkpoint segment includes the manufacturing and selling of technology-driven, inventory management and labeling solutions. Innovia segment manufactures specialty films. Its geographical segments include Canada; USA and Puerto Rico; Mexico, Brazil, Chile and Argentina; Europe; and Asia, Australia, Africa and New Zealand.

CCL Industries (TSX:CCL.A) Headlines

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