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Brown-Forman (Brown-Forman) Cyclically Adjusted PS Ratio : 5.80 (As of Apr. 27, 2024)


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What is Brown-Forman Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Brown-Forman's current share price is $48.13. Brown-Forman's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was $8.30. Brown-Forman's Cyclically Adjusted PS Ratio for today is 5.80.

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

BF.B' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.74   Med: 8.01   Max: 12.42
Current: 5.8

During the past years, Brown-Forman's highest Cyclically Adjusted PS Ratio was 12.42. The lowest was 5.74. And the median was 8.01.

BF.B's Cyclically Adjusted PS Ratio is ranked worse than
85.54% of 166 companies
in the Beverages - Alcoholic industry
Industry Median: 1.765 vs BF.B: 5.80

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.

Brown-Forman's adjusted revenue per share data for the three months ended in Jan. 2024 was $2.248. 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 $8.30 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Brown-Forman Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Brown-Forman'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.

Brown-Forman Cyclically Adjusted PS Ratio Chart

Brown-Forman Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.61 9.80 11.26 8.95 8.03

Brown-Forman Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 8.39 8.03 8.60 6.77 6.61

Competitive Comparison of Brown-Forman's Cyclically Adjusted PS Ratio

For the Beverages - Wineries & Distilleries subindustry, Brown-Forman'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.


Brown-Forman's Cyclically Adjusted PS Ratio Distribution in the Beverages - Alcoholic Industry

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

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



Brown-Forman 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.

Brown-Forman's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=48.13/8.3
=5.80

* 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.

Brown-Forman's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Brown-Forman's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=2.248/129.4194*129.4194
=2.248

Current CPI (Jan. 2024) = 129.4194.

Brown-Forman Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 1.282 100.023 1.659
201407 1.312 100.520 1.689
201410 1.643 100.176 2.123
201501 1.530 98.604 2.008
201504 1.399 99.824 1.814
201507 1.340 100.691 1.722
201510 1.663 100.346 2.145
201601 1.599 99.957 2.070
201604 1.455 100.947 1.865
201607 1.335 101.524 1.702
201610 1.695 101.988 2.151
201701 1.670 102.456 2.109
201704 1.438 103.167 1.804
201707 1.497 103.278 1.876
201710 1.891 104.070 2.352
201801 1.813 104.578 2.244
201804 1.507 105.708 1.845
201807 1.581 106.324 1.924
201810 1.882 106.695 2.283
201901 1.883 106.200 2.295
201904 1.549 107.818 1.859
201907 1.596 108.250 1.908
201910 2.058 108.577 2.453
202001 1.870 108.841 2.224
202004 1.476 108.173 1.766
202007 1.567 109.318 1.855
202010 2.049 109.861 2.414
202101 1.895 110.364 2.222
202104 1.689 112.673 1.940
202107 1.885 115.183 2.118
202110 2.069 116.696 2.295
202201 2.158 118.619 2.354
202204 2.073 121.978 2.199
202207 2.096 125.002 2.170
202210 2.277 125.734 2.344
202301 2.250 126.223 2.307
202304 2.177 127.992 2.201
202307 2.161 128.974 2.168
202310 2.306 129.810 2.299
202401 2.248 129.419 2.248

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.


Brown-Forman  (NYSE:BF.B) 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.


Brown-Forman Cyclically Adjusted PS Ratio Related Terms

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


Brown-Forman (Brown-Forman) Business Description

Traded in Other Exchanges
Address
850 Dixie Highway, Louisville, KY, USA, 40210
Brown-Forman is a U.S.-based manufacturer of premium distilled spirits that generates close to 70% of revenues in the whiskey category, under well-known Tennessee whiskey brand Jack Daniel's and bourbon brands Woodford Reserve and Old Forester. It also manufactures and distributes tequila, vodka, rum, gin, and premium wines. The company generates 47% of sales from its home market, while the bulk of international revenues come from Europe, Australia, and Latin America. The Brown family controls over 50% of the economic interests and a 67% voting power of the company.
Executives
Elizabeth M Brown director 850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Elizabeth A Smith director 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Mark A. Clouse director C/O MONDELEZ INTERNATIONAL, INC., THREE LAKES DRIVE, NORTHFIELD IL 60093
Jeremy J Shepherd officer: VP, Pres, USA & Canada 850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Crystal L Peterson officer: SVP, Chief Inclusion Officer 850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Jan Singer director 2 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10016
Timothy M Nall officer: SVP CIO 850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Leanne D Cunningham officer: SVP, Chief Fin Officer 850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Matias Bentel officer: SVP, Chief Brands Officer 850 DIXIE HWY, LOUISVILLE KY 40210
Kelli Nelson officer: SVP, Chief Accounting Officer 850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Mike J. Keyes officer: SVP, Chief Corporate Affairs 850 DIXIE HWY, LOUISVILLE KY 40210
Tracy L Skeans director 1441 GARDINER LANE, LOUISVILLE KY 40213
John V. Hayes officer: SVP, Chief Marketing Officer 850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Michael Andrew Masick officer: VP DIR CORP STRATEGY 850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Kathleen M. Gutmann director 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328

Brown-Forman (Brown-Forman) Headlines

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