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Metcash (Metcash) Cyclically Adjusted PS Ratio : (As of May. 06, 2024)


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What is Metcash Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Metcash Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Metcash'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.

Metcash Cyclically Adjusted PS Ratio Chart

Metcash 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 0.18 0.16 0.22 0.29 0.23

Metcash 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 - 0.29 - 0.23 -

Competitive Comparison of Metcash's Cyclically Adjusted PS Ratio

For the Food Distribution subindustry, Metcash'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.


Metcash's Cyclically Adjusted PS Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Metcash's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Metcash 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.

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

For example, Metcash'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)
=62.402/124.1700*124.1700
=62.402

Current CPI (Apr23) = 124.1700.

Metcash Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201404 84.764 98.352 107.016
201504 69.767 99.838 86.771
201604 67.064 100.859 82.564
201704 66.597 102.809 80.434
201804 68.370 104.945 80.894
201904 58.006 106.617 67.556
202004 54.210 106.246 63.356
202104 65.055 110.332 73.214
202204 65.921 117.112 69.894
202304 62.402 124.170 62.402

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.


Metcash  (OTCPK:MHTLY) 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.


Metcash Cyclically Adjusted PS Ratio Related Terms

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Metcash (Metcash) Business Description

Traded in Other Exchanges
Address
1 Thomas Holt Drive, Macquarie Park, Sydney, NSW, AUS, 2113
Metcash is a wholesale distribution and marketing company specialising in food, liquor, and hardware. Centralised wholesale distribution enables retailers to gain access to the combined scale of many retailers to negotiate material volume discounts.The food segment distributes of a range of products and services to independent supermarket and convenience stores. The hardware segment distributes hardware products to independent retail outlets and operates company-owned stores. The liquor segment distributes liquor products to independent retailers and pubs.

Metcash (Metcash) Headlines

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