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Nestle Nigeria (NSA:NSTL) Cyclically Adjusted PS Ratio : 2.04 (As of Jun. 09, 2024)


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What is Nestle Nigeria Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Nestle Nigeria's current share price is ₦910.00. Nestle Nigeria's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₦445.40. Nestle Nigeria's Cyclically Adjusted PS Ratio for today is 2.04.

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

NSA:NSTL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.79   Med: 3.8   Max: 5.62
Current: 2.04

During the past years, Nestle Nigeria's highest Cyclically Adjusted PS Ratio was 5.62. The lowest was 1.79. And the median was 3.80.

NSA:NSTL's Cyclically Adjusted PS Ratio is ranked worse than
77.27% of 1386 companies
in the Consumer Packaged Goods industry
Industry Median: 0.79 vs NSA:NSTL: 2.04

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.

Nestle Nigeria's adjusted revenue per share data for the three months ended in Mar. 2024 was ₦231.483. 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 ₦445.40 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nestle Nigeria Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Nestle Nigeria'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.

Nestle Nigeria Cyclically Adjusted PS Ratio Chart

Nestle Nigeria 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 - 5.62 4.66 3.05 2.62

Nestle Nigeria 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 2.86 3.17 2.51 2.62 2.02

Competitive Comparison of Nestle Nigeria's Cyclically Adjusted PS Ratio

For the Packaged Foods subindustry, Nestle Nigeria'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.


Nestle Nigeria's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Nestle Nigeria 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.

Nestle Nigeria's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=910.00/445.4
=2.04

* 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.

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

For example, Nestle Nigeria'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)
=231.483/131.7762*131.7762
=231.483

Current CPI (Mar. 2024) = 131.7762.

Nestle Nigeria Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 42.609 100.560 55.836
201409 44.742 100.428 58.708
201412 51.300 99.070 68.236
201503 34.792 99.621 46.022
201506 48.404 100.684 63.352
201509 53.046 100.392 69.629
201512 54.575 99.792 72.066
201603 45.587 100.470 59.792
201606 55.880 101.688 72.414
201609 57.564 101.861 74.470
201612 66.628 101.863 86.194
201703 77.182 102.862 98.877
201706 76.654 103.349 97.738
201709 79.843 104.136 101.036
201712 74.327 104.011 94.168
201803 85.134 105.290 106.550
201806 85.557 106.317 106.045
201809 85.579 106.507 105.883
201812 79.664 105.998 99.038
201903 89.549 107.251 110.027
201906 89.473 108.070 109.100
201909 87.624 108.329 106.589
201912 91.692 108.420 111.444
202003 88.702 108.902 107.334
202006 89.187 108.767 108.054
202009 90.480 109.815 108.575
202012 93.813 109.897 112.490
202103 110.057 111.754 129.775
202106 106.179 114.631 122.060
202109 113.708 115.734 129.469
202112 113.831 117.630 127.521
202203 139.038 121.301 151.045
202206 141.617 125.017 149.274
202209 140.107 125.227 147.435
202212 142.956 125.222 150.439
202303 161.451 127.348 167.065
202306 168.789 128.729 172.785
202309 170.056 129.860 172.566
202312 189.942 129.419 193.401
202403 231.483 131.776 231.483

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.


Nestle Nigeria  (NSA:NSTL) 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.


Nestle Nigeria Cyclically Adjusted PS Ratio Related Terms

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


Nestle Nigeria (NSA:NSTL) Business Description

Traded in Other Exchanges
N/A
Address
22-24, Industrial Avenue, Ilupeju, Lagos, Ikeja, NGA, P.M.B. 21164
Nestle Nigeria PLC is a food and beverage company. It is involved in the business of manufacturing, marketing, and distribution of food products. The firm has categorized its products into Baby foods, Coffee, Culinary, Dairy, Drinks, and Recipes. It develops and markets its products under brands such as Cerelac, Nescafe, Nido, Maggi, Milo, etc. The company has Food and Beverage reportable segments. The food segment engaged in the production and sale of Maggi, Cerelac, SMA, Nan, Lactogen, and Golden Morn. The beverages segment consists of the production and sale of Milo, Chocomilo, Nido, Nescafe, Milo ready-to-drink, and Nestle Pure Life. The food segment generates the majority of the revenue. The majority of the revenue is generated from Nigeria.

Nestle Nigeria (NSA:NSTL) Headlines

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