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Collins Foods (ASX:CKF) Cyclically Adjusted PS Ratio : 1.05 (As of Jun. 03, 2024)


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What is Collins Foods Cyclically Adjusted PS Ratio?

As of today (2024-06-03), Collins Foods's current share price is A$9.26. Collins Foods's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Apr23 was A$8.78. Collins Foods's Cyclically Adjusted PS Ratio for today is 1.05.

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

ASX:CKF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.88   Med: 1.24   Max: 1.93
Current: 1.05

During the past 12 years, Collins Foods's highest Cyclically Adjusted PS Ratio was 1.93. The lowest was 0.88. And the median was 1.24.

ASX:CKF's Cyclically Adjusted PS Ratio is ranked worse than
59.76% of 246 companies
in the Restaurants industry
Industry Median: 0.765 vs ASX:CKF: 1.05

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.

Collins Foods's adjusted revenue per share data of for the fiscal year that ended in Apr23 was A$11.448. 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 A$8.78 for the trailing ten years ended in Apr23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Collins Foods Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Collins Foods'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.

Collins Foods Cyclically Adjusted PS Ratio Chart

Collins Foods 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 - - 1.64 1.33 0.98

Collins Foods Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 - 1.33 - 0.98 -

Competitive Comparison of Collins Foods's Cyclically Adjusted PS Ratio

For the Restaurants subindustry, Collins Foods'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.


Collins Foods's Cyclically Adjusted PS Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Collins Foods's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Collins Foods 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.

Collins Foods's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.26/8.78
=1.05

* 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.

Collins Foods's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Apr23 is calculated as:

For example, Collins Foods's adjusted Revenue per Share data for the fiscal year that ended in Apr23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Apr23 (Change)*Current CPI (Apr23)
=11.448/124.1700*124.1700
=11.448

Current CPI (Apr23) = 124.1700.

Collins Foods Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201404 4.674 98.352 5.901
201504 6.085 99.838 7.568
201604 6.027 100.859 7.420
201704 6.492 102.809 7.841
201804 6.684 104.945 7.908
201904 7.689 106.617 8.955
202004 8.362 106.246 9.773
202104 9.100 110.332 10.241
202204 10.105 117.112 10.714
202304 11.448 124.170 11.448

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.


Collins Foods  (ASX:CKF) 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.


Collins Foods Cyclically Adjusted PS Ratio Related Terms

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


Collins Foods (ASX:CKF) Business Description

Traded in Other Exchanges
Address
485 Kingsford Smith Drive, Level 3, KSD1, Hamilton, QLD, AUS, 4007
Collins Foods is an operator of quick service restaurants, or QSRs. It franchises restaurant brands from U.S.-listed Yum Brands, including KFC in Australia, Germany, and the Netherlands, as well as Taco Bell in Australia. Most of its revenue and earnings are generated in Australia, where Collins is the largest franchisee of KFC, ahead of Restaurant Brands New Zealand.In the Netherlands, Collins has signed a corporate franchise agreement, giving it more control over development and oversight of the Dutch franchisee network.Earnings growth is underpinned by its store network expansion, both new restaurants and acquisitions of existing sites. Competitive pricing is key to maintaining share in the QSR market, and the company has generally increased at or below consumer price index growth.

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