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Jeronimo Martins SGPS (WAR:JMT) Cyclically Adjusted PS Ratio : 0.60 (As of May. 26, 2024)


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What is Jeronimo Martins SGPS Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Jeronimo Martins SGPS's current share price is zł86.90. Jeronimo Martins SGPS's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was zł145.27. Jeronimo Martins SGPS's Cyclically Adjusted PS Ratio for today is 0.60.

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

WAR:JMT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.5   Med: 0.68   Max: 0.85
Current: 0.61

During the past years, Jeronimo Martins SGPS's highest Cyclically Adjusted PS Ratio was 0.85. The lowest was 0.50. And the median was 0.68.

WAR:JMT's Cyclically Adjusted PS Ratio is ranked worse than
62.72% of 228 companies
in the Retail - Defensive industry
Industry Median: 0.39 vs WAR:JMT: 0.61

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.

Jeronimo Martins SGPS's adjusted revenue per share data for the three months ended in Dec. 2023 was zł55.651. 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 zł145.27 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jeronimo Martins SGPS Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Jeronimo Martins SGPS'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.

Jeronimo Martins SGPS Cyclically Adjusted PS Ratio Chart

Jeronimo Martins SGPS 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 0.67 0.59 0.78 0.66 0.69

Jeronimo Martins SGPS 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 0.69 0.79 0.64 0.69 -

Competitive Comparison of Jeronimo Martins SGPS's Cyclically Adjusted PS Ratio

For the Food Distribution subindustry, Jeronimo Martins SGPS'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.


Jeronimo Martins SGPS's Cyclically Adjusted PS Ratio Distribution in the Retail - Defensive Industry

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

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



Jeronimo Martins SGPS 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.

Jeronimo Martins SGPS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=86.90/145.27
=0.60

* 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.

Jeronimo Martins SGPS's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Jeronimo Martins SGPS's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=55.651/118.0324*118.0324
=55.651

Current CPI (Dec. 2023) = 118.0324.

Jeronimo Martins SGPS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 25.152 99.788 29.751
201406 26.631 99.967 31.444
201409 26.398 99.617 31.278
201412 25.773 99.723 30.505
201503 21.537 100.097 25.396
201506 24.224 100.769 28.374
201509 24.741 100.489 29.060
201512 24.168 100.119 28.492
201603 23.471 100.547 27.553
201606 25.135 101.319 29.281
201609 26.487 101.122 30.916
201612 25.578 100.998 29.892
201703 24.565 101.924 28.447
201706 28.597 102.240 33.014
201709 31.046 102.527 35.741
201712 32.146 102.479 37.025
201803 32.337 102.626 37.192
201806 30.810 103.790 35.038
201809 31.870 103.960 36.184
201812 32.234 103.159 36.881
201903 29.964 103.495 34.173
201906 32.882 104.192 37.250
201909 32.687 103.844 37.153
201912 34.519 103.592 39.331
202003 32.533 103.544 37.085
202006 32.353 104.323 36.605
202009 35.907 103.699 40.870
202012 38.702 103.354 44.198
202103 35.574 104.014 40.368
202106 38.378 104.852 43.202
202109 39.103 105.232 43.859
202112 40.079 106.191 44.548
202203 37.909 109.559 40.841
202206 42.152 114.003 43.642
202209 40.238 114.999 41.299
202212 46.330 116.377 46.989
202303 45.484 117.701 45.612
202306 52.027 117.872 52.098
202309 52.895 119.111 52.416
202312 55.651 118.032 55.651

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.


Jeronimo Martins SGPS  (WAR:JMT) 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.


Jeronimo Martins SGPS Cyclically Adjusted PS Ratio Related Terms

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


Jeronimo Martins SGPS (WAR:JMT) Business Description

Address
Rua Actor Antonio Silva, No. 7, Lisboa, PRT, 1649-033
Jeronimo Martins SGPS SA operates in food distribution, agribusiness, and other businesses. The food distribution business is the group's main activity, which consists of retail and wholesale operations under the brand's Pingo Doce and Recheio in Portugal, Poland, and Colombia. The group has five segments. Portugal Retail: comprises the business unit of JMR (Pingo Doce supermarkets), Portugal Cash & Carry: includes the wholesale business unit Recheio, Poland Retail: the business unit which operates under the Biedronka banner, Colombia Retail: the business unit which operates under Ara banner, & Others, eliminations and adjustments. The majority of revenue is derived from the Poland retail segment.

Jeronimo Martins SGPS (WAR:JMT) Headlines