GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Reynolds American Inc (NYSE:RAI) » Definitions » Cyclically Adjusted PS Ratio

Reynolds American (Reynolds American) Cyclically Adjusted PS Ratio : (As of May. 05, 2024)


View and export this data going back to 1999. Start your Free Trial

What is Reynolds American Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Reynolds American Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Reynolds American'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.

Reynolds American Cyclically Adjusted PS Ratio Chart

Reynolds American Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Reynolds American Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 - - - - -

Competitive Comparison of Reynolds American's Cyclically Adjusted PS Ratio

For the Tobacco subindustry, Reynolds American'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.


Reynolds American's Cyclically Adjusted PS Ratio Distribution in the Tobacco Products Industry

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

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



Reynolds American 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.

Reynolds American's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2017 is calculated as:

For example, Reynolds American's adjusted Revenue per Share data for the three months ended in Mar. 2017 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2017 (Change)*Current CPI (Mar. 2017)
=2.063/102.8622*102.8622
=2.063

Current CPI (Mar. 2017) = 102.8622.

Reynolds American Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200706 1.987 87.906 2.325
200709 1.941 87.964 2.270
200712 1.888 88.616 2.192
200803 1.741 90.090 1.988
200806 1.987 92.320 2.214
200809 1.945 92.307 2.167
200812 1.849 88.697 2.144
200903 1.647 89.744 1.888
200906 1.928 91.003 2.179
200909 1.843 91.120 2.081
200912 1.794 91.111 2.025
201003 1.699 91.821 1.903
201006 1.920 91.962 2.148
201009 1.914 92.162 2.136
201012 1.777 92.474 1.977
201103 1.700 94.283 1.855
201106 1.935 95.235 2.090
201109 1.877 95.727 2.017
201112 1.784 95.213 1.927
201203 1.673 96.783 1.778
201206 1.906 96.819 2.025
201209 1.875 97.633 1.975
201212 1.860 96.871 1.975
201303 1.701 98.209 1.782
201306 1.988 98.518 2.076
201309 1.960 98.790 2.041
201312 1.882 98.326 1.969
201403 1.795 99.695 1.852
201406 2.021 100.560 2.067
201409 2.102 100.428 2.153
201412 2.001 99.070 2.078
201503 1.928 99.621 1.991
201506 2.109 100.684 2.155
201509 2.207 100.392 2.261
201512 2.133 99.792 2.199
201603 2.038 100.470 2.087
201606 2.234 101.688 2.260
201609 2.241 101.861 2.263
201612 2.230 101.863 2.252
201703 2.063 102.862 2.063

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.


Reynolds American  (NYSE:RAI) 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.


Reynolds American Cyclically Adjusted PS Ratio Related Terms

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


Reynolds American (Reynolds American) Business Description

Traded in Other Exchanges
N/A
Address
Reynolds American controls roughly one third of the U.S. cigarette market and is the second-largest domestic cigarette manufacturer behind Altria. Its brands include Camel, Pall Mall, and Newport. Reynolds also owns the Grizzly and Kodiak smokeless tobacco brands. Another subsidiary, Santa Fe Natural Tobacco, manufactures superpremium Natural American Spirit cigarettes. In 2013, Reynolds entered the electronic cigarette market with its Vuse brand, which captured a significant share of this small but growing market.
Executives
John J Zillmer director ARAMARK CORP, 1101 MARKET ST, PHILADELPHIA PA 19107
Debra Ann Crew officer: President and CEO STANLEY BLACK & DECKER, INC., 1000 STANLEY DRIVE, NEW BRITAIN CT 06053
Ronald S Rolfe director 825 8TH AVENUE, 38TH FLOOR, NEW YORK NY 10019
Nowell Lionel L Iii director 401 NORTH MAIN STREET, WINSTON-SALEM NC 27101
Holly K Koeppel director 401 NORTH MAIN STREET, WINSTON-SALEM NC 27101
Susan M. Cameron director C/O TUPPERWARE BRANDS CORP, PO BOX 2353, ORLANDO FL 32802-2353
Murray S Kessler director 714 GREEN VALLEY ROAD, GREENSBORO NC 27408
Nana Mensah director 1301 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Thomas C Wajnert director 401 NORTH MAIN STREET, WINSTON SALEM NC 27102
Richard E Thornburgh director 401 N. MAIN STREET, WINSTON-SALEM NC 27101
Nicholas V Scheele director FORD MOTOR COMPANY, ONE AMERICAN ROAD, DEARBORN MI 48126
Betsy S Atkins director
Joseph P Viviano director 4351 GULF SHORE BLVD. N, 17N LERIVAGE, NAPLES FL 34103
Monteiro De Castro Antonio director BRITISH AMERICAN TOBACCO - GLOBE HOUSE, 4 TEMPLE PLACE, LONDON X0 WC2R2PG
Chain John T Jr director 401 N. MAIN ST., C/O RJ REYNOLDS TOBACCO HOLDINGS, WINSTON SALEM NC 27102

Reynolds American (Reynolds American) Headlines

From GuruFocus

David Winters' Wintergreen Fund Semi-Annual Letter to Shareholders

By Holly LaFon Holly LaFon 09-05-2017

Reynolds American Looks Smoking Hot

By Mrinalini Chaudhuri Mrinalini Chaudhuri 06-28-2016

Reynolds American Announces Quarterly Dividend

By Alberto Abaterusso Alberto Abaterusso 12-12-2016

Reynolds American Revenue Up in 1st Quarter

By Alberto Abaterusso Alberto Abaterusso 05-03-2017

52-Week High Companies: RAI, VRUS, MMI, GR

By gururk gururk 11-28-2011

Lorillard is a Bad Deal for Reynolds American Investors

By Charles Sizemore Charles Sizemore 07-15-2014

U.S. Tobacco Companies Merger Fate Is In The Hands Of FTC Now

By Business Reports Business Reports 03-26-2015

Weekly Top Insider Buys: RAI, ECL, PRGO, NS, ROSE

By gururk gururk 12-19-2011

GuruFocus Names Dividend Growers for the Week of July 8 to 12

By Monica Wolfe Monica Wolfe 07-15-2013