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JM Smucker Co (LTS:0L7F) Cyclically Adjusted PS Ratio : (As of Jun. 07, 2024)


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What is JM Smucker Co Cyclically Adjusted PS Ratio?

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.

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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)
=20.73/131.7762*131.7762
=20.730

Current CPI (Apr. 2024) = 131.7762.

JM Smucker Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201407 13.102 100.520 17.176
201410 14.653 100.176 19.275
201501 14.230 98.604 19.017
201504 13.298 99.824 17.555
201507 16.389 100.691 21.449
201510 17.435 100.346 22.896
201601 16.557 99.957 21.827
201604 15.253 100.947 19.911
201607 15.667 101.524 20.336
201610 16.499 101.988 21.318
201701 16.197 102.456 20.832
201704 15.593 103.167 19.917
201707 15.477 103.278 19.748
201710 17.023 104.070 21.555
201801 16.843 104.578 21.224
201804 15.764 105.708 19.651
201807 16.821 106.324 20.848
201810 17.858 106.695 22.056
201901 17.773 106.200 22.053
201904 16.818 107.818 20.555
201907 15.701 108.250 19.113
201910 17.265 108.577 20.954
202001 17.392 108.841 21.057
202004 18.399 108.173 22.414
202007 17.373 109.318 20.942
202010 17.889 109.861 21.458
202101 18.525 110.364 22.119
202104 17.409 112.673 20.361
202107 17.188 115.183 19.664
202110 18.964 116.696 21.415
202201 19.012 118.619 21.121
202204 18.608 121.978 20.103
202207 17.603 125.002 18.557
202210 20.705 125.734 21.700
202301 20.791 126.223 21.706
202304 21.163 127.992 21.789
202307 17.612 128.974 17.995
202310 18.969 129.810 19.256
202401 21.050 130.124 21.317
202404 20.730 131.776 20.730

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  (LTS:0L7F) 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 (LTS:0L7F) 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 (LTS:0L7F) Headlines

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