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Kellanova Co (BSP:K1EL34) Cyclically Adjusted PS Ratio : 1.41 (As of Jun. 09, 2024)


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What is Kellanova Co Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Kellanova Co's current share price is R$158.90. Kellanova Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$113.01. Kellanova Co's Cyclically Adjusted PS Ratio for today is 1.41.

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

BSP:K1EL34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.08   Med: 1.52   Max: 2.12
Current: 1.32

During the past years, Kellanova Co's highest Cyclically Adjusted PS Ratio was 2.12. The lowest was 1.08. And the median was 1.52.

BSP:K1EL34's Cyclically Adjusted PS Ratio is ranked worse than
65.3% of 1386 companies
in the Consumer Packaged Goods industry
Industry Median: 0.79 vs BSP:K1EL34: 1.32

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.

Kellanova Co's adjusted revenue per share data for the three months ended in Mar. 2024 was R$23.162. 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 R$113.01 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kellanova Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kellanova 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.

Kellanova Co Cyclically Adjusted PS Ratio Chart

Kellanova Co 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 1.58 1.40 1.38 1.48 1.24

Kellanova Co 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 1.38 1.38 1.21 1.24 1.26

Competitive Comparison of Kellanova Co's Cyclically Adjusted PS Ratio

For the Packaged Foods subindustry, Kellanova 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.


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

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

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



Kellanova 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=158.90/113.01
=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.

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

For example, Kellanova Co'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)
=23.162/131.7762*131.7762
=23.162

Current CPI (Mar. 2024) = 131.7762.

Kellanova Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 11.381 100.560 14.914
201409 11.816 100.428 15.504
201412 13.002 99.070 17.294
201503 15.645 99.621 20.695
201506 15.331 100.684 20.065
201509 18.250 100.392 23.955
201512 17.126 99.792 22.615
201603 17.683 100.470 23.193
201606 15.802 101.688 20.478
201609 14.952 101.861 19.343
201612 14.439 101.863 18.679
201703 14.348 102.862 18.381
201706 14.862 103.349 18.950
201709 14.609 104.136 18.487
201712 15.078 104.011 19.103
201803 16.023 105.290 20.054
201806 18.205 106.317 22.565
201809 20.420 106.507 25.265
201812 18.402 105.998 22.877
201903 19.719 107.251 24.228
201906 19.567 108.070 23.859
201909 20.308 108.329 24.703
201912 19.148 108.420 23.273
202003 24.232 108.902 29.322
202006 26.055 108.767 31.567
202009 26.758 109.815 32.109
202012 25.940 109.897 31.104
202103 29.355 111.754 34.614
202106 26.059 114.631 29.957
202109 27.873 115.734 31.736
202112 8.067 117.630 9.037
202203 26.715 121.301 29.022
202206 28.515 125.017 30.057
202209 30.074 125.227 31.647
202212 8.842 125.222 9.305
202303 25.228 127.348 26.105
202306 28.426 128.729 29.099
202309 28.194 129.860 28.610
202312 7.772 129.419 7.914
202403 23.162 131.776 23.162

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.


Kellanova Co  (BSP:K1EL34) 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.


Kellanova Co Cyclically Adjusted PS Ratio Related Terms

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


Kellanova Co (BSP:K1EL34) Business Description

Traded in Other Exchanges
Address
412 N. Wells Street, Chicago, IL, USA, 60654
Following its split from the North American cereal business, Kellanova (previously the global snacking arm of Kellogg) is a leading global manufacturer and marketer of salty snacks, snack bars, frozen breakfast fare, meat alternatives, and other packaged foods. Its offerings are manufactured in around 20 countries and marketed in more than 180 countries. Its product mix includes well-known brands such as Pringles, Cheez-It, Rice Krispies Treats, Pop-Tarts, Eggo, Nutri-Grain, and Morningstar Farms. Sales beyond its home turf account for about half of Kellanova's consolidated sales base.

Kellanova Co (BSP:K1EL34) Headlines

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