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Ball (BALL) Cyclically Adjusted PS Ratio : 1.66 (As of Jun. 06, 2024)


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What is Ball Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Ball's current share price is $69.79. Ball's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $41.95. Ball's Cyclically Adjusted PS Ratio for today is 1.66.

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

BALL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.04   Med: 1.5   Max: 3.04
Current: 1.67

During the past years, Ball's highest Cyclically Adjusted PS Ratio was 3.04. The lowest was 1.04. And the median was 1.50.

BALL's Cyclically Adjusted PS Ratio is ranked worse than
78.98% of 314 companies
in the Packaging & Containers industry
Industry Median: 0.715 vs BALL: 1.67

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.

Ball's adjusted revenue per share data for the three months ended in Mar. 2024 was $9.055. 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 $41.95 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ball Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ball'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.

Ball Cyclically Adjusted PS Ratio Chart

Ball 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 2.09 2.88 2.69 1.30 1.40

Ball 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 1.37 1.43 1.21 1.40 1.61

Competitive Comparison of Ball's Cyclically Adjusted PS Ratio

For the Packaging & Containers subindustry, Ball'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.


Ball's Cyclically Adjusted PS Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Ball's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Ball 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=69.79/41.95
=1.66

* 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.

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

For example, Ball'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)
=9.055/131.7762*131.7762
=9.055

Current CPI (Mar. 2024) = 131.7762.

Ball Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 8.021 100.560 10.511
201409 7.878 100.428 10.337
201412 7.219 99.070 9.602
201503 6.815 99.621 9.015
201506 7.673 100.684 10.043
201509 7.444 100.392 9.771
201512 6.423 99.792 8.482
201603 6.192 100.470 8.121
201606 6.989 101.688 9.057
201609 7.743 101.861 10.017
201612 7.110 101.863 9.198
201703 6.909 102.862 8.851
201706 7.953 103.349 10.141
201709 8.110 104.136 10.263
201712 7.794 104.011 9.875
201803 7.789 105.290 9.748
201806 8.738 106.317 10.830
201809 8.424 106.507 10.423
201812 8.054 105.998 10.013
201903 8.127 107.251 9.985
201906 8.831 108.070 10.768
201909 8.669 108.329 10.545
201912 8.107 108.420 9.853
202003 8.380 108.902 10.140
202006 8.444 108.767 10.230
202009 9.298 109.815 11.157
202012 9.265 109.897 11.110
202103 9.365 111.754 11.043
202106 10.376 114.631 11.928
202109 10.715 115.734 12.200
202112 11.213 117.630 12.562
202203 11.402 121.301 12.387
202206 13.041 125.017 13.746
202209 12.461 125.227 13.113
202212 11.215 125.222 11.802
202303 9.414 127.348 9.741
202306 11.254 128.729 11.520
202309 11.254 129.860 11.420
202312 10.726 129.419 10.921
202403 9.055 131.776 9.055

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.


Ball  (NYSE:BALL) 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.


Ball Cyclically Adjusted PS Ratio Related Terms

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


Ball (BALL) Business Description

Traded in Other Exchanges
Address
9200 West 108th Circle, Westminster, CO, USA, 80021
Ball is the world's largest metal can manufacturer with market share over 40% in its three main regions (North America, Europe, and South America). The company is focused on increasing capacity amid a wave of new developed-market demand, while also investing in faster-growing emerging-market economies. Ball maintains a small presence in the U.S. defense industry through its aerospace segment. Ball spun-off its glass jar business in 1993 and is now owned by Newell. The company reports four segments—beverage packaging, North and Central America (44% of revenue), beverage packaging, EMEA (25%), beverage packaging, South America (14%), aerospace (14%)—and it generated $15.3 billion in revenue in 2022.
Executives
Ronald J. Lewis officer: SR VP & COO C/O COCA-COLA ENTERPRISES, 2500 WINDY RIDGE PARKWAY, NW, 14TH FLOOR, ATLANTA GA 30339
Howard H Yu officer: E.V.P and C.F.O 250 S. KRAEMER BLVD., BREA CA 92821
Hannah S. Lim officer: SVP, CLO & CORP SEC 2135 WEST MAPLE ROAD, TROY MI 48084
Deron Goodwin officer: Vice President & Treasurer 9200 W. 108TH CIRCLE, WESTMINSTER CO 80021
David A Kaufman officer: President, Ball Aerospace 9200 W. 108TH CIRCLE, WESTMINSTER CO 80021
John A Hayes officer: VP, CORP STR, MKTG & PROD DEV C/O BALL CORP, 10 LONGS PEAK DR, BROOMFIELD CO 80021-2510
Daniel William Fisher officer: Sr VP & COO Global Bev Pkg 2526 SPRUCE MEADOWS DRIVE, BROOMFIELD CO 80023
Cynthia Niekamp director PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Betty J. Sapp director C/O BALL CORPORATION, 10 LONGS PEAK DRIVE, BROOMFIELD CO 80021-2510
Stacey J. Panayiotou officer: SVP and CHRO 9200 W. 108TH CIRCLE, WESTMINSTER CO 80021
Nate C Carey officer: Vice President & Controller 10 LONGS PEAK DRIVE, BROOMFIELD CO 80021
Dune Ives director 9200 W. 108TH CIRCLE, WESTMINSTER CO 80021
Pedro Henrique Mariani director 10 LONGS PEAK DRIVE, BROOMFIELD CO 80021
Michael J Cave director C/O ESTERLINE TECHNOLOGIES CORP, 500 108TH AVE NE, SUITE 1500, BELLEVUE WA 98004
Georgia R Nelson director C/O TOWER AUTOMOTIVE INC, 27175 HAGGERTY ROAD, NOVI MI 48377-3626

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