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International Flavors & Fragrances (BSP:I1FF34) Cyclically Adjusted PS Ratio : 1.68 (As of Jun. 04, 2024)


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What is International Flavors & Fragrances Cyclically Adjusted PS Ratio?

As of today (2024-06-04), International Flavors & Fragrances's current share price is R$217.77. International Flavors & Fragrances's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$129.29. International Flavors & Fragrances's Cyclically Adjusted PS Ratio for today is 1.68.

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

BSP:I1FF34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.22   Med: 3.16   Max: 4.14
Current: 1.84

During the past years, International Flavors & Fragrances's highest Cyclically Adjusted PS Ratio was 4.14. The lowest was 1.22. And the median was 3.16.

BSP:I1FF34's Cyclically Adjusted PS Ratio is ranked worse than
64.41% of 1211 companies
in the Chemicals industry
Industry Median: 1.23 vs BSP:I1FF34: 1.84

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.

International Flavors & Fragrances's adjusted revenue per share data for the three months ended in Mar. 2024 was R$28.196. 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 R$129.29 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


International Flavors & Fragrances Cyclically Adjusted PS Ratio Historical Data

The historical data trend for International Flavors & Fragrances'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.

International Flavors & Fragrances Cyclically Adjusted PS Ratio Chart

International Flavors & Fragrances 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 3.10 2.55 3.25 2.10 1.58

International Flavors & Fragrances Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.81 1.55 1.32 1.58 1.65

Competitive Comparison of International Flavors & Fragrances's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, International Flavors & Fragrances'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.


International Flavors & Fragrances's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, International Flavors & Fragrances's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where International Flavors & Fragrances's Cyclically Adjusted PS Ratio falls into.



International Flavors & Fragrances 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.

International Flavors & Fragrances's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=217.77/129.29
=1.68

* 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.

International Flavors & Fragrances's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, International Flavors & Fragrances's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=28.196/131.7762*131.7762
=28.196

Current CPI (Mar. 2024) = 131.7762.

International Flavors & Fragrances Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 10.825 100.560 14.185
201409 11.098 100.428 14.562
201412 12.283 99.070 16.338
201503 14.990 99.621 19.828
201506 14.708 100.684 19.250
201509 18.494 100.392 24.276
201512 17.270 99.792 22.805
201603 18.092 100.470 23.729
201606 16.969 101.688 21.990
201609 15.811 101.861 20.454
201612 16.041 101.863 20.752
201703 16.311 102.862 20.896
201706 17.512 103.349 22.329
201709 17.228 104.136 21.801
201712 17.728 104.011 22.460
201803 19.224 105.290 24.060
201806 21.874 106.317 27.112
201809 22.835 106.507 28.253
201812 21.108 105.998 26.241
201903 21.973 107.251 26.998
201906 22.060 108.070 26.899
201909 23.001 108.329 27.979
201912 23.396 108.420 28.436
202003 29.123 108.902 35.240
202006 27.285 108.767 33.057
202009 30.032 109.815 36.038
202012 28.657 109.897 34.362
202103 33.715 111.754 39.755
202106 30.457 114.631 35.012
202109 31.788 115.734 36.194
202112 33.608 117.630 37.650
202203 31.478 121.301 34.196
202206 32.731 125.017 34.501
202209 31.492 125.227 33.139
202212 29.251 125.222 30.782
202303 30.915 127.348 31.990
202306 27.875 128.729 28.535
202309 27.201 129.860 27.602
202312 25.969 129.419 26.442
202403 28.196 131.776 28.196

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.


International Flavors & Fragrances  (BSP:I1FF34) 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.


International Flavors & Fragrances Cyclically Adjusted PS Ratio Related Terms

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


International Flavors & Fragrances (BSP:I1FF34) Business Description

Address
521 West 57th Street, New York, NY, USA, 10019-2960
International Flavors & Fragrances is the largest specialty ingredients producer globally. The company sells ingredients for the food, beverage, health, household goods, personal care, and pharmaceutical industries. The company makes proprietary formulations, partnering with customers to deliver custom solutions. The nourish segment, which generates roughly half of revenue, is a leading flavor producer and also sell texturants, plant-based proteins, and other ingredients. The health and biosciences business, which generates around one fourth of revenue, is a global leader in probiotics and enzymes. IFF is also one of the leading fragrance producers in the world. The firm also sells pharmaceutical ingredients such as excipients and time-release polymers.

International Flavors & Fragrances (BSP:I1FF34) Headlines

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