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JM Smucker Co (FRA:JM2) Cyclically Adjusted PS Ratio : (As of Jun. 07, 2024)


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What is JM Smucker Co Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

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 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.83 1.94 1.84 1.95 -

JM Smucker Co Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 1.95 1.88 1.42 1.63 -

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 Revenue per Share for the quarter that ended in Apr. 2024 is calculated as:

For example, JM Smucker Co's adjusted Revenue per Share data for the three months ended in Apr. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=19.361/131.7762*131.7762
=19.361

Current CPI (Apr. 2024) = 131.7762.

JM Smucker Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201407 9.682 100.520 12.693
201410 11.561 100.176 15.208
201501 12.252 98.604 16.374
201504 12.288 99.824 16.221
201507 14.898 100.691 19.497
201510 15.534 100.346 20.399
201601 15.249 99.957 20.103
201604 13.438 100.947 17.542
201607 14.179 101.524 18.404
201610 14.981 101.988 19.357
201701 15.225 102.456 19.582
201704 14.548 103.167 18.582
201707 13.419 103.278 17.122
201710 14.487 104.070 18.344
201801 13.812 104.578 17.404
201804 12.847 105.708 16.015
201807 14.399 106.324 17.846
201810 15.536 106.695 19.188
201901 15.569 106.200 19.318
201904 14.968 107.818 18.294
201907 14.005 108.250 17.049
201910 15.607 108.577 18.942
202001 15.671 108.841 18.973
202004 16.927 108.173 20.620
202007 15.114 109.318 18.219
202010 15.206 109.861 18.239
202101 15.209 110.364 18.160
202104 14.554 112.673 17.022
202107 14.541 115.183 16.636
202110 16.347 116.696 18.459
202201 16.807 118.619 18.671
202204 17.231 121.978 18.615
202207 17.304 125.002 18.242
202210 21.016 125.734 22.026
202301 19.294 126.223 20.143
202304 19.301 127.992 19.872
202307 15.921 128.974 16.267
202310 17.963 129.810 18.235
202401 19.324 130.124 19.569
202404 19.361 131.776 19.361

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  (FRA:JM2) 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

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JM Smucker Co (FRA:JM2) 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.

JM Smucker Co (FRA:JM2) Headlines

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