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Premium Brands Holdings (TSX:PBH) Cyclically Adjusted PS Ratio : 0.83 (As of Jun. 06, 2024)


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What is Premium Brands Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Premium Brands Holdings's current share price is C$90.91. Premium Brands Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$109.62. Premium Brands Holdings's Cyclically Adjusted PS Ratio for today is 0.83.

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

TSX:PBH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.64   Med: 1.3   Max: 2.37
Current: 0.82

During the past years, Premium Brands Holdings's highest Cyclically Adjusted PS Ratio was 2.37. The lowest was 0.64. And the median was 1.30.

TSX:PBH's Cyclically Adjusted PS Ratio is ranked worse than
51.34% of 1385 companies
in the Consumer Packaged Goods industry
Industry Median: 0.79 vs TSX:PBH: 0.82

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.

Premium Brands Holdings's adjusted revenue per share data for the three months ended in Mar. 2024 was C$32.776. 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 C$109.62 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Premium Brands Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Premium Brands Holdings'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.

Premium Brands Holdings Cyclically Adjusted PS Ratio Chart

Premium Brands Holdings 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 1.39 1.38 1.52 0.86 0.88

Premium Brands Holdings 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 1.01 1.02 0.90 0.88 0.81

Competitive Comparison of Premium Brands Holdings's Cyclically Adjusted PS Ratio

For the Packaged Foods subindustry, Premium Brands Holdings'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.


Premium Brands Holdings's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Premium Brands Holdings 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=90.91/109.62
=0.83

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

For example, Premium Brands Holdings'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)
=32.776/126.2576*126.2576
=32.776

Current CPI (Mar. 2024) = 126.2576.

Premium Brands Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 14.551 99.473 18.469
201409 14.868 99.394 18.886
201412 13.565 98.367 17.411
201503 14.399 99.789 18.218
201506 14.889 100.500 18.705
201509 15.518 100.421 19.510
201512 15.760 99.947 19.909
201603 13.905 101.054 17.373
201606 16.017 102.002 19.826
201609 16.250 101.765 20.161
201612 17.872 101.449 22.243
201703 15.993 102.634 19.674
201706 19.311 103.029 23.665
201709 18.649 103.345 22.784
201712 19.439 103.345 23.749
201803 18.868 105.004 22.687
201806 23.871 105.557 28.552
201809 25.015 105.636 29.898
201812 25.042 105.399 29.998
201903 22.976 106.979 27.116
201906 26.858 107.690 31.489
201909 25.890 107.611 30.376
201912 25.576 107.769 29.964
202003 24.933 107.927 29.168
202006 26.043 108.401 30.333
202009 27.947 108.164 32.622
202012 25.512 108.559 29.671
202103 23.161 110.298 26.512
202106 28.319 111.720 32.004
202109 30.775 112.905 34.415
202112 30.577 113.774 33.932
202203 27.929 117.646 29.974
202206 33.926 120.806 35.457
202209 36.248 120.648 37.933
202212 36.491 120.964 38.088
202303 32.146 122.702 33.077
202306 36.567 124.203 37.172
202309 36.881 125.230 37.184
202312 34.859 125.072 35.189
202403 32.776 126.258 32.776

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.


Premium Brands Holdings  (TSX:PBH) 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.


Premium Brands Holdings Cyclically Adjusted PS Ratio Related Terms

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


Premium Brands Holdings (TSX:PBH) Business Description

Traded in Other Exchanges
Address
100 - 10991 Shellbridge Way, Richmond, BC, CAN, V6X 3C6
Premium Brands Holdings Corp is engaged in specialty food manufacturing, premium food distribution, and wholesale businesses with operations in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, Nevada, and Washington State. The company's business segments include Specialty Foods, Premium Food Distribution, and Corporate. The Specialty Foods segment consists of its specialty food manufacturing businesses, which contributes about two-thirds of the group revenue; the Premium Food Distribution segment consists of the company's distribution and wholesale businesses; the Corporate segment includes the company's head office activities along with its finance and information systems. Its geographical segments are the United States and Canada.
Executives
Douglas Owen Goss Senior Officer