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Cascades (TSX:CAS) Cyclically Adjusted PS Ratio : 0.19 (As of Jun. 01, 2024)


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What is Cascades Cyclically Adjusted PS Ratio?

As of today (2024-06-01), Cascades's current share price is C$9.74. Cascades's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$51.06. Cascades's Cyclically Adjusted PS Ratio for today is 0.19.

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

TSX:CAS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.25   Max: 0.43
Current: 0.19

During the past years, Cascades's highest Cyclically Adjusted PS Ratio was 0.43. The lowest was 0.13. And the median was 0.25.

TSX:CAS's Cyclically Adjusted PS Ratio is ranked better than
89.84% of 315 companies
in the Packaging & Containers industry
Industry Median: 0.73 vs TSX:CAS: 0.19

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.

Cascades's adjusted revenue per share data for the three months ended in Mar. 2024 was C$10.957. 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 C$51.06 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cascades Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Cascades'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.

Cascades Cyclically Adjusted PS Ratio Chart

Cascades 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 0.25 0.32 0.30 0.17 0.25

Cascades 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 0.22 0.23 0.24 0.25 0.19

Competitive Comparison of Cascades's Cyclically Adjusted PS Ratio

For the Packaging & Containers subindustry, Cascades'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.


Cascades's Cyclically Adjusted PS Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Cascades's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Cascades 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.74/51.06
=0.19

* 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.

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

For example, Cascades'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)
=10.957/126.2576*126.2576
=10.957

Current CPI (Mar. 2024) = 126.2576.

Cascades Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 9.551 99.473 12.123
201409 9.532 99.394 12.108
201412 9.343 98.367 11.992
201503 9.477 99.789 11.991
201506 9.938 100.500 12.485
201509 10.654 100.421 13.395
201512 10.038 99.947 12.680
201603 10.286 101.054 12.851
201606 10.346 102.002 12.806
201609 10.569 101.765 13.113
201612 10.087 101.449 12.554
201703 10.346 102.634 12.727
201706 11.553 103.029 14.158
201709 11.281 103.345 13.782
201712 11.090 103.345 13.549
201803 11.227 105.004 13.499
201806 12.163 105.557 14.548
201809 12.141 105.636 14.511
201812 12.439 105.399 14.901
201903 12.848 106.979 15.163
201906 13.413 107.690 15.726
201909 13.233 107.611 15.526
201912 12.814 107.769 15.012
202003 13.243 107.927 15.492
202006 10.669 108.401 12.426
202009 10.554 108.164 12.319
202012 10.194 108.559 11.856
202103 9.107 110.298 10.425
202106 9.256 111.720 10.460
202109 9.985 112.905 11.166
202112 10.105 113.774 11.214
202203 10.216 117.646 10.964
202206 11.070 120.806 11.570
202209 11.611 120.648 12.151
202212 11.285 120.964 11.779
202303 11.261 122.702 11.587
202306 11.580 124.203 11.772
202309 11.842 125.230 11.939
202312 11.253 125.072 11.360
202403 10.957 126.258 10.957

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.


Cascades  (TSX:CAS) 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.


Cascades Cyclically Adjusted PS Ratio Related Terms

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


Cascades (TSX:CAS) Business Description

Traded in Other Exchanges
Address
404, Rue Marie-Victorin Boulevard, C.P. 30, Kingsey Falls, QC, CAN, J0A 1B0
Cascades Inc, along with its subsidiaries, produces, converts and markets packaging and tissue products composed mainly of recycled fibres. The company is organized into three main business segments: Containerboard, Specialty Products (which constitutes packaging products), and Tissue Papers. The business activity of the company functions in Canada, the United States, Italy, and other countries. Its customer base includes food processing companies, the maintenance industry, accommodations, and housing industry, micro-businesses, and boutiques.
Executives
Alain Lemaire Director, Senior Officer