GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » JM Smucker Co (NYSE:SJM) » Definitions » Cyclically Adjusted PS Ratio

JM Smucker Co (JM Smucker Co) Cyclically Adjusted PS Ratio : 1.41 (As of Apr. 27, 2024)


View and export this data going back to 1994. Start your Free Trial

What is JM Smucker Co Cyclically Adjusted PS Ratio?

As of today (2024-04-27), JM Smucker Co's current share price is $113.60. JM Smucker Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was $80.39. JM Smucker Co's Cyclically Adjusted PS Ratio for today is 1.41.

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

SJM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.35   Med: 1.98   Max: 2.97
Current: 1.43

During the past years, JM Smucker Co's highest Cyclically Adjusted PS Ratio was 2.97. The lowest was 1.35. And the median was 1.98.

SJM's Cyclically Adjusted PS Ratio is ranked worse than
67.92% of 1356 companies
in the Consumer Packaged Goods industry
Industry Median: 0.79 vs SJM: 1.43

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.

JM Smucker Co's adjusted revenue per share data for the three months ended in Jan. 2024 was $21.050. 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 $80.39 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


JM Smucker Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for JM Smucker Co'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.

JM Smucker Co Cyclically Adjusted PS Ratio Chart

JM Smucker Co 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 2.03 1.83 1.94 1.84 1.95

JM Smucker Co 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 1.97 1.95 1.88 1.42 1.64

Competitive Comparison of JM Smucker Co's Cyclically Adjusted PS Ratio

For the Packaged Foods subindustry, JM Smucker Co'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.


JM Smucker Co's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

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

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



JM Smucker Co 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.

JM Smucker Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=113.60/80.39
=1.41

* 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.

JM Smucker Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, JM Smucker Co'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)
=21.05/129.4194*129.4194
=21.050

Current CPI (Jan. 2024) = 129.4194.

JM Smucker Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 12.262 100.023 15.866
201407 13.102 100.520 16.869
201410 14.653 100.176 18.931
201501 14.230 98.604 18.677
201504 13.298 99.824 17.241
201507 16.389 100.691 21.065
201510 17.435 100.346 22.486
201601 16.557 99.957 21.437
201604 15.253 100.947 19.555
201607 15.667 101.524 19.972
201610 16.499 101.988 20.937
201701 16.197 102.456 20.459
201704 15.593 103.167 19.561
201707 15.477 103.278 19.395
201710 17.023 104.070 21.170
201801 16.843 104.578 20.844
201804 15.764 105.708 19.300
201807 16.821 106.324 20.475
201810 17.858 106.695 21.662
201901 17.773 106.200 21.659
201904 16.818 107.818 20.187
201907 15.701 108.250 18.771
201910 17.265 108.577 20.579
202001 17.392 108.841 20.680
202004 18.399 108.173 22.013
202007 17.373 109.318 20.568
202010 17.889 109.861 21.074
202101 18.525 110.364 21.723
202104 17.409 112.673 19.996
202107 17.188 115.183 19.312
202110 18.964 116.696 21.032
202201 19.012 118.619 20.743
202204 18.608 121.978 19.743
202207 17.603 125.002 18.225
202210 20.705 125.734 21.312
202301 20.791 126.223 21.317
202304 21.163 127.992 21.399
202307 17.612 128.974 17.673
202310 18.969 129.810 18.912
202401 21.050 129.419 21.050

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.


JM Smucker Co  (NYSE:SJM) 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.


JM Smucker Co Cyclically Adjusted PS Ratio Related Terms

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


JM Smucker Co (JM Smucker Co) Business Description

Traded in Other Exchanges
Address
One Strawberry Lane, Orrville, OH, USA, 44667-0280
J.M. Smucker is a packaged food company that primarily sells through the U.S. retail channel (77% of forecast fiscal 2024 revenue), with the remaining share consisting of Hostess, foodservice, and international (primarily Canada). Following the divestiture of several pet foods brands and private-label products that constituted about $1.5 billion of sales, retail coffee is now its largest category (33% of sales) with brands Folgers and Dunkin'. Pet foods (22% of sales) holds leading brands like Milk-Bone and Meow Mix. Of its remaining, approximately 22% comes from consumer foods, primarily peanut butter and jelly, through brands Jif and Smucker's. The company acquired Hostess Brands in fiscal 2024 to boost its snack and convenience store presence.
Executives
Tucker H Marshall officer: Chief Financial Officer ONE STRAWBERRY LANE, ORRVILLE OH 44667
Tarang Amin director C/O SCHIFF NUTRITION INTERNATIONAL, INC., 2002 SOUTH 5070 WEST, SALT LAKE CITY UT 84104
Amy C Held officer: Chief Strategy & Int'l Officer ONE STRAWBERRY LANE, ORRVILLE OH 44667
Mercedes Abramo director ONE STRAWBERRY LANE, ORRVILLE OH 44667
Richard K Smucker director, officer: President C/ WM WRIGLEY JR CO, 410 N MICHIGAN AVE, CHICAGO IL 60611
Mark T Smucker officer: Vice President
Jill R Penrose officer: Chief People & Admin Officer ONE STRAWBERRY LANE, ORRVILLE OH 44667
John P Brase officer: Chief Operating Officer ONE STRAWBERRY LANE, ORRVILLE OH 44667
Jeannette L Knudsen officer: Chief Legal & Compliance Offic ONE STRAWBERRY LANE, ORRVILLE OH 44667
Geoff E Tanner officer: Chief Marketing & Commercial ONE STRAWBERRY LANE, ORRVILLE OH 44667
Johnson Jonathan E Iii director 6322 S 300 S, STE 100, SALT LAKE CITY UT 84121
Nancy Lopez Knight director 2308 TARA DRIVE, ALBANY GA 31721
Jay L Henderson director 50 SOUTH LASALLE ST, CHICAGO IL 60603
Dawn C Willoughby director 1221 BROADWAY, OAKLAND CA 94612
Sandra Pianalto director 1000 EATON BOULEVARD, CLEVELAND OH 44122