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Imperial Brands (Imperial Brands) Cyclically Adjusted PS Ratio : 0.50 (As of May. 04, 2024)


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What is Imperial Brands Cyclically Adjusted PS Ratio?

As of today (2024-05-04), Imperial Brands's current share price is $23.27. Imperial Brands's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Sep23 was $46.30. Imperial Brands's Cyclically Adjusted PS Ratio for today is 0.50.

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

IMBBY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.84   Max: 1.54
Current: 0.48

During the past 13 years, Imperial Brands's highest Cyclically Adjusted PS Ratio was 1.54. The lowest was 0.38. And the median was 0.84.

IMBBY's Cyclically Adjusted PS Ratio is ranked better than
77.14% of 35 companies
in the Tobacco Products industry
Industry Median: 1.79 vs IMBBY: 0.48

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.

Imperial Brands's adjusted revenue per share data of for the fiscal year that ended in Sep23 was $43.301. 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 $46.30 for the trailing ten years ended in Sep23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Imperial Brands Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Imperial Brands'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.

Imperial Brands Cyclically Adjusted PS Ratio Chart

Imperial Brands Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.43 0.47 0.52 0.44

Imperial Brands Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.47 - 0.52 - 0.44

Competitive Comparison of Imperial Brands's Cyclically Adjusted PS Ratio

For the Tobacco subindustry, Imperial Brands'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.


Imperial Brands's Cyclically Adjusted PS Ratio Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Imperial Brands's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Imperial Brands 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.

Imperial Brands's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=23.27/46.3
=0.50

* 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.

Imperial Brands's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Sep23 is calculated as:

For example, Imperial Brands's adjusted Revenue per Share data for the fiscal year that ended in Sep23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep23 (Change)*Current CPI (Sep23)
=43.301/130.1000*130.1000
=43.301

Current CPI (Sep23) = 130.1000.

Imperial Brands Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201409 44.895 100.000 58.408
201509 40.576 100.200 52.684
201609 37.956 101.500 48.651
201709 42.146 104.300 52.571
201809 41.137 106.600 50.206
201909 40.948 108.400 49.145
202009 44.596 109.200 53.131
202109 47.538 112.400 55.024
202209 38.682 122.300 41.149
202309 43.301 130.100 43.301

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.


Imperial Brands  (OTCPK:IMBBY) 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.


Imperial Brands Cyclically Adjusted PS Ratio Related Terms

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


Imperial Brands (Imperial Brands) Business Description

Address
121 Winterstoke Road, Bristol, GBR, BS3 2LL
Imperial Brands is the world's fourth-largest international tobacco company (excluding China National Tobacco) with total fiscal 2023 volume of 198 billion cigarettes sold in more than 160 countries. The firm holds a leading global position in the fine-cut tobacco and hand-rolling paper categories, and it has a logistics platform in Western Europe, Altadis. Through acquisition, Imperial is the third-largest manufacturer in the U.S. and owns the Winston and blu brands.

Imperial Brands (Imperial Brands) Headlines

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