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Restaurant Brands International (TSX:QSR) Cyclically Adjusted PS Ratio : 5.78 (As of May. 16, 2024)


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What is Restaurant Brands International Cyclically Adjusted PS Ratio?

As of today (2024-05-16), Restaurant Brands International's current share price is C$97.20. Restaurant Brands International's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$16.82. Restaurant Brands International's Cyclically Adjusted PS Ratio for today is 5.78.

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

TSX:QSR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.17   Med: 6.02   Max: 6.46
Current: 5.82

During the past years, Restaurant Brands International's highest Cyclically Adjusted PS Ratio was 6.46. The lowest was 5.17. And the median was 6.02.

TSX:QSR's Cyclically Adjusted PS Ratio is ranked worse than
93.47% of 245 companies
in the Restaurants industry
Industry Median: 0.79 vs TSX:QSR: 5.82

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.

Restaurant Brands International's adjusted revenue per share data for the three months ended in Mar. 2024 was C$5.196. 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$16.82 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Restaurant Brands International Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Restaurant Brands International'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.

Restaurant Brands International Cyclically Adjusted PS Ratio Chart

Restaurant Brands International 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 - - - - 6.19

Restaurant Brands International 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 - 6.31 5.47 6.19 6.40

Competitive Comparison of Restaurant Brands International's Cyclically Adjusted PS Ratio

For the Restaurants subindustry, Restaurant Brands International'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.


Restaurant Brands International's Cyclically Adjusted PS Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Restaurant Brands International's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Restaurant Brands International 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.

Restaurant Brands International's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=97.20/16.82
=5.78

* 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.

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

For example, Restaurant Brands International'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)
=5.196/125.4675*125.4675
=5.196

Current CPI (Mar. 2024) = 125.4675.

Restaurant Brands International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.000 99.473 0.000
201409 1.520 99.394 1.919
201412 2.385 98.367 3.042
201503 2.521 99.789 3.170
201506 2.705 100.500 3.377
201509 2.839 100.421 3.547
201512 3.053 99.947 3.833
201603 2.594 101.054 3.221
201606 2.853 102.002 3.509
201609 2.996 101.765 3.694
201612 3.149 101.449 3.895
201703 2.811 102.634 3.436
201706 3.150 103.029 3.836
201709 3.101 103.345 3.765
201712 3.318 103.345 4.028
201803 3.422 105.004 4.089
201806 3.719 105.557 4.420
201809 3.773 105.636 4.481
201812 3.959 105.399 4.713
201903 3.625 106.979 4.251
201906 3.967 107.690 4.622
201909 4.108 107.611 4.790
201912 4.153 107.769 4.835
202003 3.646 107.927 4.239
202006 3.028 108.401 3.505
202009 3.764 108.164 4.366
202012 3.741 108.559 4.324
202103 3.406 110.298 3.874
202106 3.771 111.720 4.235
202109 4.074 112.905 4.527
202112 4.293 113.774 4.734
202203 4.011 117.646 4.278
202206 4.612 120.806 4.790
202209 5.071 120.648 5.274
202212 5.043 120.964 5.231
202303 4.771 122.702 4.879
202306 5.149 124.203 5.201
202309 5.415 125.230 5.425
202312 5.426 125.468 5.426
202403 5.196 125.468 5.196

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.


Restaurant Brands International  (TSX:QSR) 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.


Restaurant Brands International Cyclically Adjusted PS Ratio Related Terms

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


Restaurant Brands International (TSX:QSR) Business Description

Traded in Other Exchanges
Address
130 King Street West, Suite 300, P.O. Box 339, Toronto, ON, CAN, M5X 1E1
Restaurant Brands International is one of the largest restaurant companies in the world, with approximately $39 billion in 2022 systemwide sales across a footprint that spanned nearly 30,000 restaurants and more than 100 countries. The firm generates revenue primarily from retail sales at its company-owned restaurants, royalty fees and lease income from franchised stores, and from its Tim Hortons supply chain operations. Formed in 2014 after 3G Capital's acquisition of Tim Hortons International, the Restaurant Brands portfolio now includes Burger King (19,000 units), Tim Hortons (5,600 units), Popeyes Louisiana Kitchen (4,100 units) and Firehouse Subs (1,250 units) as of year-end 2022.
Executives
Thomas Benjamin Iv Curtis Senior Officer
Jonathan Domanko Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Matthew Dunnigan Senior Officer
Jacqueline Friesner Senior Officer
Duncan Stanley Allpress Fulton Senior Officer
Jill Granat Senior Officer
Jeffrey Housman Senior Officer
Michele Keusch Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Joshua Kobza Senior Officer
Naira Saeed Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Axel Schwan Senior Officer
David Chan Shear Senior Officer
Sami Siddiqui Senior Officer
Vicente Tome Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)