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Ball (FRA:BL8) Cyclically Adjusted PS Ratio : 1.65 (As of May. 04, 2024)


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What is Ball Cyclically Adjusted PS Ratio?

As of today (2024-05-04), Ball's current share price is €63.42. Ball's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €38.46. Ball's Cyclically Adjusted PS Ratio for today is 1.65.

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

FRA:BL8' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.04   Med: 1.49   Max: 3.04
Current: 1.66

During the past years, Ball's highest Cyclically Adjusted PS Ratio was 3.04. The lowest was 1.04. And the median was 1.49.

FRA:BL8's Cyclically Adjusted PS Ratio is ranked worse than
77.17% of 311 companies
in the Packaging & Containers industry
Industry Median: 0.74 vs FRA:BL8: 1.66

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.

Ball's adjusted revenue per share data for the three months ended in Mar. 2024 was €8.331. 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 €38.46 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ball Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ball'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.

Ball Cyclically Adjusted PS Ratio Chart

Ball 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 2.09 2.88 2.69 1.30 1.39

Ball 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 1.37 1.42 1.20 1.39 1.63

Competitive Comparison of Ball's Cyclically Adjusted PS Ratio

For the Packaging & Containers subindustry, Ball'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.


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

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

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



Ball 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=63.42/38.46
=1.65

* 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.

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

For example, Ball'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)
=8.331/129.4194*129.4194
=8.331

Current CPI (Mar. 2024) = 129.4194.

Ball Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.904 100.560 7.598
201409 6.114 100.428 7.879
201412 5.855 99.070 7.649
201503 6.297 99.621 8.181
201506 6.836 100.684 8.787
201509 6.632 100.392 8.550
201512 5.896 99.792 7.646
201603 5.561 100.470 7.163
201606 6.220 101.688 7.916
201609 6.899 101.861 8.766
201612 6.740 101.863 8.563
201703 6.460 102.862 8.128
201706 7.078 103.349 8.863
201709 6.805 104.136 8.457
201712 6.586 104.011 8.195
201803 6.317 105.290 7.765
201806 7.479 106.317 9.104
201809 7.219 106.507 8.772
201812 7.080 105.998 8.644
201903 7.193 107.251 8.680
201906 7.815 108.070 9.359
201909 7.872 108.329 9.405
201912 7.297 108.420 8.710
202003 7.584 108.902 9.013
202006 7.498 108.767 8.922
202009 7.894 109.815 9.303
202012 7.616 109.897 8.969
202103 7.867 111.754 9.111
202106 8.612 114.631 9.723
202109 9.108 115.734 10.185
202112 9.924 117.630 10.919
202203 10.353 121.301 11.046
202206 12.337 125.017 12.771
202209 12.586 125.227 13.007
202212 10.587 125.222 10.942
202303 10.291 127.348 10.458
202306 10.387 128.729 10.443
202309 10.545 129.860 10.509
202312 9.836 129.419 9.836
202403 8.331 129.419 8.331

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.


Ball  (FRA:BL8) 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.


Ball Cyclically Adjusted PS Ratio Related Terms

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


Ball (FRA:BL8) Business Description

Traded in Other Exchanges
Address
9200 West 108th Circle, Westminster, CO, USA, 80021
Ball is the world's largest metal can manufacturer with market share over 40% in its three main regions (North America, Europe, and South America). The company is focused on increasing capacity amid a wave of new developed-market demand, while also investing in faster-growing emerging-market economies. Ball maintains a small presence in the U.S. defense industry through its aerospace segment. Ball spun-off its glass jar business in 1993 and is now owned by Newell. The company reports four segments—beverage packaging, North and Central America (44% of revenue), beverage packaging, EMEA (25%), beverage packaging, South America (14%), aerospace (14%)—and it generated $15.3 billion in revenue in 2022.

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