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GraceKennedy (XJAM:GK) Cyclically Adjusted PS Ratio : 0.58 (As of Jun. 10, 2024)


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What is GraceKennedy Cyclically Adjusted PS Ratio?

As of today (2024-06-10), GraceKennedy's current share price is JMD74.96. GraceKennedy's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was JMD129.86. GraceKennedy's Cyclically Adjusted PS Ratio for today is 0.58.

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

XJAM:GK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.57   Med: 0.65   Max: 0.9
Current: 0.58

During the past years, GraceKennedy's highest Cyclically Adjusted PS Ratio was 0.90. The lowest was 0.57. And the median was 0.65.

XJAM:GK's Cyclically Adjusted PS Ratio is ranked better than
60.17% of 1386 companies
in the Consumer Packaged Goods industry
Industry Median: 0.79 vs XJAM:GK: 0.58

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.

GraceKennedy's adjusted revenue per share data for the three months ended in Mar. 2024 was JMD42.381. 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 JMD129.86 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


GraceKennedy Cyclically Adjusted PS Ratio Historical Data

The historical data trend for GraceKennedy'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.

GraceKennedy Cyclically Adjusted PS Ratio Chart

GraceKennedy 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 - - - 0.72 0.63

GraceKennedy 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 0.67 0.65 0.58 0.63 0.56

Competitive Comparison of GraceKennedy's Cyclically Adjusted PS Ratio

For the Packaged Foods subindustry, GraceKennedy'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.


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

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

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



GraceKennedy 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=74.96/129.86
=0.58

* 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.

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

For example, GraceKennedy'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)
=42.381/131.7762*131.7762
=42.381

Current CPI (Mar. 2024) = 131.7762.

GraceKennedy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 17.427 100.560 22.837
201409 18.635 100.428 24.452
201412 18.411 99.070 24.489
201503 19.493 99.621 25.785
201506 20.022 100.684 26.205
201509 20.639 100.392 27.091
201512 20.085 99.792 26.522
201603 22.264 100.470 29.201
201606 22.100 101.688 28.639
201609 22.774 101.861 29.462
201612 21.574 101.863 27.910
201703 23.733 102.862 30.404
201706 22.913 103.349 29.215
201709 23.156 104.136 29.302
201712 23.247 104.011 29.453
201803 25.027 105.290 31.323
201806 23.720 106.317 29.400
201809 25.622 106.507 31.701
201812 23.830 105.998 29.625
201903 26.014 107.251 31.963
201906 25.689 108.070 31.324
201909 25.752 108.329 31.326
201912 25.842 108.420 31.409
202003 28.907 108.902 34.979
202006 27.894 108.767 33.795
202009 29.804 109.815 35.764
202012 29.584 109.897 35.474
202103 31.490 111.754 37.132
202106 32.083 114.631 36.881
202109 32.419 115.734 36.913
202112 33.551 117.630 37.586
202203 36.280 121.301 39.413
202206 36.162 125.017 38.117
202209 34.903 125.227 36.729
202212 34.204 125.222 35.994
202303 38.969 127.348 40.324
202306 39.055 128.729 39.980
202309 39.487 129.860 40.070
202312 37.306 129.419 37.985
202403 42.381 131.776 42.381

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.


GraceKennedy  (XJAM:GK) 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.


GraceKennedy Cyclically Adjusted PS Ratio Related Terms

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


GraceKennedy (XJAM:GK) Business Description

Traded in Other Exchanges
Address
42-56 Harbour Street, Kingston, JAM
GraceKennedy Ltd engages in the food and financial services business. The company has four reportable segments namely Food Trading, Banking and Investments, Insurance and Money Services. The food Trading segment includes the processing and distribution of food products. It generates maximum revenue from the Food Trading segment. Geographically, it derives the majority revenue from Jamaica and also has a presence in the United Kingdom, the United States of America, Canada, Other Caribbean countries, Other European countries, Africa and Other Countries.

GraceKennedy (XJAM:GK) Headlines

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