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Kellanova Co (HAM:KEL) Cyclically Adjusted PS Ratio : 1.37 (As of May. 24, 2024)


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What is Kellanova Co Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Kellanova Co's current share price is €56.74. Kellanova Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €41.33. Kellanova Co's Cyclically Adjusted PS Ratio for today is 1.37.

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

HAM:KEL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.08   Med: 1.53   Max: 2.12
Current: 1.36

During the past years, Kellanova Co's highest Cyclically Adjusted PS Ratio was 2.12. The lowest was 1.08. And the median was 1.53.

HAM:KEL's Cyclically Adjusted PS Ratio is ranked worse than
65.87% of 1377 companies
in the Consumer Packaged Goods industry
Industry Median: 0.82 vs HAM:KEL: 1.36

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.

Kellanova Co's adjusted revenue per share data for the three months ended in Mar. 2024 was €8.558. 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 €41.33 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kellanova Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kellanova Co'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.

Kellanova Co Cyclically Adjusted PS Ratio Chart

Kellanova Co 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 1.58 1.40 1.38 1.48 1.24

Kellanova Co 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 1.38 1.38 1.21 1.24 1.26

Competitive Comparison of Kellanova Co's Cyclically Adjusted PS Ratio

For the Packaged Foods subindustry, Kellanova Co'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.


Kellanova Co's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kellanova Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Kellanova Co 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.

Kellanova Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=56.74/41.33
=1.37

* 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.

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

For example, Kellanova Co'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)
=8.558/131.7762*131.7762
=8.558

Current CPI (Mar. 2024) = 131.7762.

Kellanova Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 7.492 100.560 9.818
201409 7.844 100.428 10.292
201412 7.983 99.070 10.618
201503 9.204 99.621 12.175
201506 8.779 100.684 11.490
201509 8.332 100.392 10.937
201512 8.102 99.792 10.699
201603 8.588 100.470 11.264
201606 8.216 101.688 10.647
201609 8.190 101.861 10.595
201612 8.162 101.863 10.559
201703 8.579 102.862 10.991
201706 8.028 103.349 10.236
201709 7.826 104.136 9.903
201712 7.734 104.011 9.799
201803 7.926 105.290 9.920
201806 8.265 106.317 10.244
201809 8.518 106.507 10.539
201812 8.330 105.998 10.356
201903 9.087 107.251 11.165
201906 8.982 108.070 10.952
201909 8.953 108.329 10.891
201912 8.397 108.420 10.206
202003 8.976 108.902 10.861
202006 8.919 108.767 10.806
202009 8.414 109.815 10.097
202012 8.289 109.897 9.939
202103 8.752 111.754 10.320
202106 8.602 114.631 9.889
202109 8.976 115.734 10.220
202112 2.525 117.630 2.829
202203 9.749 121.301 10.591
202206 10.688 125.017 11.266
202209 11.586 125.227 12.192
202212 3.183 125.222 3.350
202303 9.048 127.348 9.363
202306 10.811 128.729 11.067
202309 10.698 129.860 10.856
202312 2.909 129.419 2.962
202403 8.558 131.776 8.558

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.


Kellanova Co  (HAM:KEL) 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.


Kellanova Co Cyclically Adjusted PS Ratio Related Terms

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


Kellanova Co (HAM:KEL) Business Description

Address
412 N. Wells Street, Chicago, IL, USA, 60654
Following its split from the North American cereal business, Kellanova (previously the global snacking arm of Kellogg) is a leading global manufacturer and marketer of salty snacks, snack bars, frozen breakfast fare, meat alternatives, and other packaged foods. Its offerings are manufactured in around 20 countries and marketed in more than 180 countries. Its product mix includes well-known brands such as Pringles, Cheez-It, Rice Krispies Treats, Pop-Tarts, Eggo, Nutri-Grain, and Morningstar Farms. Sales beyond its home turf account for about half of Kellanova's consolidated sales base.

Kellanova Co (HAM:KEL) Headlines

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