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Loblaw (Loblaw) Cyclically Adjusted PS Ratio : 1.01 (As of Jun. 08, 2024)


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What is Loblaw Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Loblaw's current share price is $118.2499. Loblaw's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $117.29. Loblaw's Cyclically Adjusted PS Ratio for today is 1.01.

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

LBLCF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.5   Max: 1.02
Current: 1.02

During the past years, Loblaw's highest Cyclically Adjusted PS Ratio was 1.02. The lowest was 0.29. And the median was 0.50.

LBLCF's Cyclically Adjusted PS Ratio is ranked worse than
78.26% of 230 companies
in the Retail - Defensive industry
Industry Median: 0.395 vs LBLCF: 1.02

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.

Loblaw's adjusted revenue per share data for the three months ended in Mar. 2024 was $32.168. 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 $117.29 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Loblaw Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Loblaw'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.

Loblaw Cyclically Adjusted PS Ratio Chart

Loblaw 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 0.54 0.50 0.77 0.82 0.82

Loblaw Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 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 0.82 0.80 0.74 0.82 0.95

Competitive Comparison of Loblaw's Cyclically Adjusted PS Ratio

For the Grocery Stores subindustry, Loblaw'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.


Loblaw's Cyclically Adjusted PS Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Loblaw's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Loblaw 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=118.2499/117.29
=1.01

* 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.

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

For example, Loblaw'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)
=32.168/126.2576*126.2576
=32.168

Current CPI (Mar. 2024) = 126.2576.

Loblaw Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 23.093 98.604 29.569
201406 23.616 99.473 29.975
201409 29.639 99.394 37.650
201412 23.194 98.367 29.770
201503 19.138 99.789 24.214
201506 20.446 100.500 25.686
201509 25.271 100.421 31.773
201512 19.180 99.947 24.229
201603 19.023 101.054 23.768
201606 20.304 102.002 25.132
201609 26.510 101.765 32.891
201612 20.531 101.449 25.552
201703 19.275 102.634 23.712
201706 20.819 103.029 25.513
201709 29.261 103.345 35.749
201712 21.821 103.345 26.659
201803 20.783 105.004 24.990
201806 21.731 105.557 25.993
201809 29.194 105.636 34.893
201812 22.135 105.399 26.516
201903 21.464 106.979 25.332
201906 22.618 107.690 26.518
201909 30.224 107.611 35.461
201912 24.145 107.769 28.287
202003 23.402 107.927 27.377
202009 33.087 108.164 38.622
202012 29.276 108.559 34.049
202103 27.127 110.298 31.052
202106 29.810 111.720 33.689
202109 37.244 112.905 41.649
202112 29.495 113.774 32.731
202203 28.766 117.646 30.872
202206 30.005 120.806 31.359
202209 39.549 120.648 41.388
202212 30.916 120.964 32.269
202303 29.240 122.702 30.087
202306 32.063 124.203 32.593
202309 42.395 125.230 42.743
202312 34.363 125.072 34.689
202403 32.168 126.258 32.168

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.


Loblaw  (OTCPK:LBLCF) 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.


Loblaw Cyclically Adjusted PS Ratio Related Terms

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


Loblaw (Loblaw) Business Description

Traded in Other Exchanges
Address
1 President’s Choice Circle, Brampton, ON, CAN, L6Y 5S5
Loblaw is Canada's largest retailer, operating 2,500 food retail and pharmacy stores across the country. Its main grocery banners include Loblaw, No Frills, and Maxi, and its pharmacy stores are mostly under the Shoppers Drug Mart banner, which it acquired in 2014. In addition to brand-name offerings, Loblaw offers private-label products under the President's Choice and No Name brands. Beyond retail, Loblaw runs the PC Optimum loyalty program and also offers credit cards and insurance brokerage, which are collectively referred to as financial services. George Weston is Loblaw's controlling shareholder with a 53% stake.

Loblaw (Loblaw) Headlines

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