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Canadian Pacific Kansas City (TSX:CP) Cyclically Adjusted PS Ratio : 9.43 (As of May. 14, 2024)


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What is Canadian Pacific Kansas City Cyclically Adjusted PS Ratio?

As of today (2024-05-14), Canadian Pacific Kansas City's current share price is C$110.94. Canadian Pacific Kansas City's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$11.77. Canadian Pacific Kansas City's Cyclically Adjusted PS Ratio for today is 9.43.

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

TSX:CP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.93   Med: 6.93   Max: 10.52
Current: 9.53

During the past years, Canadian Pacific Kansas City's highest Cyclically Adjusted PS Ratio was 10.52. The lowest was 3.93. And the median was 6.93.

TSX:CP's Cyclically Adjusted PS Ratio is ranked worse than
97.56% of 738 companies
in the Transportation industry
Industry Median: 0.85 vs TSX:CP: 9.53

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.

Canadian Pacific Kansas City's adjusted revenue per share data for the three months ended in Mar. 2024 was C$3.767. 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$11.77 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Canadian Pacific Kansas City Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Canadian Pacific Kansas City'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.

Canadian Pacific Kansas City Cyclically Adjusted PS Ratio Chart

Canadian Pacific Kansas City 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 7.70 9.70 9.10 9.39 9.03

Canadian Pacific Kansas City 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 9.52 9.56 8.84 9.03 10.15

Competitive Comparison of Canadian Pacific Kansas City's Cyclically Adjusted PS Ratio

For the Railroads subindustry, Canadian Pacific Kansas City'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.


Canadian Pacific Kansas City's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Canadian Pacific Kansas City's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Canadian Pacific Kansas City's Cyclically Adjusted PS Ratio falls into.



Canadian Pacific Kansas City 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.

Canadian Pacific Kansas City's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=110.94/11.77
=9.43

* 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.

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

For example, Canadian Pacific Kansas City'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)
=3.767/125.4675*125.4675
=3.767

Current CPI (Mar. 2024) = 125.4675.

Canadian Pacific Kansas City Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.911 99.473 2.410
201409 1.925 99.394 2.430
201412 2.057 98.367 2.624
201503 2.002 99.789 2.517
201506 2.001 100.500 2.498
201509 2.154 100.421 2.691
201512 2.189 99.947 2.748
201603 2.069 101.054 2.569
201606 1.900 102.002 2.337
201609 2.096 101.765 2.584
201612 2.224 101.449 2.751
201703 2.179 102.634 2.664
201706 2.237 103.029 2.724
201709 2.188 103.345 2.656
201712 2.356 103.345 2.860
201803 2.296 105.004 2.743
201806 2.444 105.557 2.905
201809 2.653 105.636 3.151
201812 2.823 105.399 3.361
201903 2.515 106.979 2.950
201906 2.820 107.690 3.286
201909 2.854 107.611 3.328
201912 3.006 107.769 3.500
202003 2.978 107.927 3.462
202006 2.633 108.401 3.048
202009 2.744 108.164 3.183
202012 2.984 108.559 3.449
202103 2.926 110.298 3.328
202106 3.066 111.720 3.443
202109 2.899 112.905 3.222
202112 2.826 113.774 3.116
202203 1.971 117.646 2.102
202206 2.361 120.806 2.452
202209 2.478 120.648 2.577
202212 2.638 120.964 2.736
202303 2.427 122.702 2.482
202306 3.399 124.203 3.434
202309 3.575 125.230 3.582
202312 4.044 125.468 4.044
202403 3.767 125.468 3.767

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.


Canadian Pacific Kansas City  (TSX:CP) 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.


Canadian Pacific Kansas City Cyclically Adjusted PS Ratio Related Terms

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


Canadian Pacific Kansas City (TSX:CP) Business Description

Traded in Other Exchanges
Address
7550 Ogden Dale Road S.E., Calgary, AB, CAN, T2C 4X9
Canadian Pacific Kansas City is a Class-1 railroad operating on track that spans across most of Canada and into parts of the Midwestern and Northeastern United States. Following the April 2023 Kansas City Southern merger, CP operates new single-line-haul services from Canada and the Upper Midwest down through Texas, the Gulf of Mexico, and into Mexico. It also hauls cross border and intra Mexico freight via operating concessions on 3,300 miles of rail in Mexico. CP hauls shipments of grain, intermodal containers, energy products (like crude and frac sand), chemicals, plastics, coal, fertilizer and potash, automotive products, and a diverse mix of other merchandise.
Executives
Keith E. Creel Senior Officer