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PepsiCo (UKEX:PEP) Cyclically Adjusted PS Ratio : 2.90 (As of Jun. 08, 2024)


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What is PepsiCo Cyclically Adjusted PS Ratio?

As of today (2024-06-08), PepsiCo's current share price is ₴6372.00. PepsiCo's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₴2,195.12. PepsiCo's Cyclically Adjusted PS Ratio for today is 2.90.

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

UKEX:PEP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.24   Med: 2.83   Max: 3.43
Current: 2.84

During the past years, PepsiCo's highest Cyclically Adjusted PS Ratio was 3.43. The lowest was 2.24. And the median was 2.83.

UKEX:PEP's Cyclically Adjusted PS Ratio is ranked worse than
75.9% of 83 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 1.33 vs UKEX:PEP: 2.84

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.

PepsiCo's adjusted revenue per share data for the three months ended in Mar. 2024 was ₴535.284. 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 ₴2,195.12 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PepsiCo Cyclically Adjusted PS Ratio Historical Data

The historical data trend for PepsiCo'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.

PepsiCo Cyclically Adjusted PS Ratio Chart

PepsiCo 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 2.95 3.10 3.35 3.22 2.88

PepsiCo 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 3.18 3.19 2.88 2.88 2.90

Competitive Comparison of PepsiCo's Cyclically Adjusted PS Ratio

For the Beverages - Non-Alcoholic subindustry, PepsiCo'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.


PepsiCo's Cyclically Adjusted PS Ratio Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, PepsiCo's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



PepsiCo 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.

PepsiCo's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6372.00/2195.12
=2.90

* 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.

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

For example, PepsiCo'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)
=535.284/131.7762*131.7762
=535.284

Current CPI (Mar. 2024) = 131.7762.

PepsiCo Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 446.349 100.560 584.909
201409 456.997 100.428 599.648
201412 534.008 99.070 710.303
201503 329.008 99.621 435.203
201506 432.263 100.684 565.751
201509 445.730 100.392 585.075
201512 513.833 99.792 678.518
201603 329.081 100.470 431.620
201606 427.975 101.688 554.607
201609 446.772 101.861 577.983
201612 548.538 101.863 709.624
201703 338.680 102.862 433.881
201706 441.278 103.349 562.655
201709 457.117 104.136 578.449
201712 551.913 104.011 699.243
201803 355.568 105.290 445.015
201806 456.706 106.317 566.072
201809 468.575 106.507 579.748
201812 556.912 105.998 692.351
201903 369.070 107.251 453.468
201906 472.530 108.070 576.187
201909 495.164 108.329 602.337
201912 596.310 108.420 724.768
202003 402.472 108.902 487.011
202006 463.312 108.767 561.322
202009 526.803 109.815 632.156
202012 654.352 109.897 784.627
202103 432.486 111.754 509.970
202106 560.398 114.631 644.214
202109 588.319 115.734 669.866
202112 734.156 117.630 822.449
202203 471.399 121.301 512.108
202206 589.368 125.017 621.234
202209 641.171 125.227 674.706
202212 820.546 125.222 863.495
202303 521.922 127.348 540.071
202306 652.826 128.729 668.281
202309 686.399 129.860 696.530
202312 816.858 129.419 831.733
202403 535.284 131.776 535.284

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.


PepsiCo  (UKEX:PEP) 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.


PepsiCo Cyclically Adjusted PS Ratio Related Terms

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


PepsiCo (UKEX:PEP) Business Description

Address
700 Anderson Hill Road, Purchase, NY, USA, 10577
PepsiCo is a global leader in snacks and beverages, owning well-known household brands including Pepsi, Mountain Dew, Gatorade, Lay's, Cheetos, and Doritos, among others. The company dominates the global savory snacks market and also ranks as the second-largest beverage provider in the world (behind Coca-Cola) with diversified exposure to carbonated soft drinks, or CSD, as well as water, sports, and energy offerings. Convenience foods account for approximately 55% of its total revenue, with beverages making up the rest. Pepsi owns the bulk of its manufacturing and distribution capacity in the United States and overseas. International markets make up 40% of total sales and one third of operating profits.