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BRF (BRFS) Cyclically Adjusted PS Ratio : 0.34 (As of May. 31, 2024)


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What is BRF Cyclically Adjusted PS Ratio?

As of today (2024-05-31), BRF's current share price is $3.63. BRF's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $10.78. BRF's Cyclically Adjusted PS Ratio for today is 0.34.

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

BRFS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.66   Max: 1.94
Current: 0.35

During the past years, BRF's highest Cyclically Adjusted PS Ratio was 1.94. The lowest was 0.11. And the median was 0.66.

BRFS's Cyclically Adjusted PS Ratio is ranked better than
74.71% of 1380 companies
in the Consumer Packaged Goods industry
Industry Median: 0.81 vs BRFS: 0.35

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.

BRF's adjusted revenue per share data for the three months ended in Mar. 2024 was $1.606. 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 $10.78 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


BRF Cyclically Adjusted PS Ratio Historical Data

The historical data trend for BRF'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.

BRF Cyclically Adjusted PS Ratio Chart

BRF 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 0.80 0.47 0.43 0.16 0.26

BRF 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 0.12 0.17 0.19 0.26 0.30

Competitive Comparison of BRF's Cyclically Adjusted PS Ratio

For the Packaged Foods subindustry, BRF'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.


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

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

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



BRF 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.63/10.78
=0.34

* 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.

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

For example, BRF'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)
=1.606/159.3724*159.3724
=1.606

Current CPI (Mar. 2024) = 159.3724.

BRF Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.556 91.838 6.171
201409 3.353 92.602 5.771
201412 3.343 94.194 5.656
201503 2.494 97.799 4.064
201506 2.900 100.006 4.622
201509 3.010 101.392 4.731
201512 2.677 104.247 4.093
201603 2.590 106.979 3.858
201606 2.963 108.851 4.338
201609 3.064 109.986 4.440
201612 0.974 110.802 1.401
201703 2.975 111.869 4.238
201706 2.884 112.115 4.100
201709 3.296 112.777 4.658
201712 1.334 114.068 1.864
201803 2.516 114.868 3.491
201806 2.199 117.038 2.994
201809 2.228 117.881 3.012
201812 2.504 118.340 3.372
201903 2.248 120.124 2.983
201906 2.537 120.977 3.342
201909 2.409 121.292 3.165
201912 3.242 123.436 4.186
202003 2.148 124.092 2.759
202006 2.062 123.557 2.660
202009 2.171 125.095 2.766
202012 3.288 129.012 4.062
202103 2.323 131.660 2.812
202106 2.864 133.871 3.410
202109 2.906 137.913 3.358
202112 3.008 141.992 3.376
202203 2.484 146.537 2.702
202206 2.379 149.784 2.531
202209 2.487 147.800 2.682
202212 2.611 150.207 2.770
202303 2.347 153.352 2.439
202306 2.332 154.519 2.405
202309 1.748 155.464 1.792
202312 1.749 157.148 1.774
202403 1.606 159.372 1.606

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.


BRF  (NYSE:BRFS) 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.


BRF Cyclically Adjusted PS Ratio Related Terms

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


BRF (BRFS) Business Description

Address
Avenida das Nacoes Unidas, 8501 – 1st Floor, Pinheiros, Sao Paulo, SP, BRA, 05425-070
BRF SA is an international producer of fresh and frozen protein foods. The firm's segments are In natura (poultry, pork, bovine, and other), Processed foods, and Other sales. The product portfolio includes marinated, frozen, whole and cut meat, specialty meats, portioned products, and frozen prepared entrees. The company also offers margarine, sweet specialties, sandwiches, mayonnaise, and animal feed. Its most well-known brands are Sadia, Chester, Perdix, Paty, Perdigao, and Qualy. Internationally, the portfolio's leading brand is Sadia, which is present in multiple categories in Middle Eastern countries. Geographically, sales are distributed evenly between Brazil and international markets.