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Nestle India (NSE:NESTLEIND) Cyclically Adjusted PS Ratio : 15.43 (As of May. 26, 2024)


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What is Nestle India Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Nestle India's current share price is ₹2467.75. Nestle India's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 was ₹159.98. Nestle India's Cyclically Adjusted PS Ratio for today is 15.43.

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

NSE:NESTLEIND' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 9.49   Med: 13.16   Max: 16.67
Current: 15.43

During the past years, Nestle India's highest Cyclically Adjusted PS Ratio was 16.67. The lowest was 9.49. And the median was 13.16.

NSE:NESTLEIND's Cyclically Adjusted PS Ratio is ranked worse than
98.04% of 1377 companies
in the Consumer Packaged Goods industry
Industry Median: 0.82 vs NSE:NESTLEIND: 15.43

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.

Nestle India's adjusted revenue per share data for the three months ended in Sep. 2023 was ₹51.955. 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 ₹159.98 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nestle India Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Nestle India'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.

Nestle India Cyclically Adjusted PS Ratio Chart

Nestle India Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 11.73 13.96 13.97 12.99

Nestle India Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 12.82 12.99 12.87 14.53 14.07

Competitive Comparison of Nestle India's Cyclically Adjusted PS Ratio

For the Packaged Foods subindustry, Nestle India'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.


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

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

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



Nestle India 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.

Nestle India's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2467.75/159.98
=15.43

* 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.

Nestle India's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Nestle India's adjusted Revenue per Share data for the three months ended in Sep. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=51.955/151.4920*151.4920
=51.955

Current CPI (Sep. 2023) = 151.4920.

Nestle India Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 23.363 91.425 38.713
201403 23.995 91.425 39.760
201406 25.092 94.103 40.395
201409 26.524 96.780 41.518
201412 26.098 96.780 40.852
201503 26.001 97.163 40.540
201506 20.059 99.841 30.436
201509 18.007 101.753 26.809
201512 20.188 102.901 29.721
201603 23.616 102.518 34.898
201606 23.167 105.961 33.122
201609 24.111 105.961 34.471
201612 23.246 105.196 33.476
201703 25.680 105.196 36.982
201706 24.751 107.109 35.007
201709 25.934 109.021 36.037
201712 26.857 109.404 37.189
201803 28.386 109.786 39.169
201806 27.780 111.317 37.806
201809 30.307 115.142 39.875
201812 29.861 115.142 39.288
201903 30.930 118.202 39.641
201906 30.940 120.880 38.775
201909 33.182 123.175 40.810
201912 32.472 126.235 38.969
202003 34.289 124.705 41.654
202006 31.546 127.000 37.630
202009 36.564 130.118 42.570
202012 35.444 130.889 41.023
202103 37.338 131.771 42.926
202106 40.977 134.084 46.297
202109 40.091 135.847 44.708
202112 38.761 138.161 42.501
202203 41.099 138.822 44.850
202206 41.652 142.347 44.328
202209 47.480 144.661 49.722
202212 43.878 145.763 45.603
202303 49.870 146.865 51.441
202306 47.912 150.280 48.298
202309 51.955 151.492 51.955

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.


Nestle India  (NSE:NESTLEIND) 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.


Nestle India Cyclically Adjusted PS Ratio Related Terms

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


Nestle India (NSE:NESTLEIND) Business Description

Traded in Other Exchanges
Address
Nestle House, Jacaranda Marg, M Block, DLF City, Phase II, Gurugram, HR, IND, 122 002
Nestle India Ltd is a subsidiary of Nestle of Switzerland with business divided into milk products and nutrition, beverages, prepared dishes and cooking aids, chocolate and confectionery, and vending food services. Milk products and nutrition consist of nutritional products for infants and pregnant and breastfeeding mothers. The Powdered and Liquid Beverages product division sells tea and instant coffee under the Nestea, Nescafe Classic, and Nescafe Gold brands. Prepared dishes and cooking aids comprise food-enriching flavors under the Maggi brand. The Confectionery products in chocolate and confectionery are KitKat, Munch Nuts, and Nestle Alpino. The company's business activity falls within a single operating segment, namely Food.

Nestle India (NSE:NESTLEIND) Headlines

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