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The Kroger Co (WBO:KR) Cyclically Adjusted PS Ratio : 0.30 (As of May. 17, 2024)


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What is The Kroger Co Cyclically Adjusted PS Ratio?

As of today (2024-05-17), The Kroger Co's current share price is €50.57. The Kroger Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was €167.79. The Kroger Co's Cyclically Adjusted PS Ratio for today is 0.30.

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

WBO:KR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.29   Max: 0.54
Current: 0.3

During the past years, The Kroger Co's highest Cyclically Adjusted PS Ratio was 0.54. The lowest was 0.19. And the median was 0.29.

WBO:KR's Cyclically Adjusted PS Ratio is ranked better than
57.02% of 228 companies
in the Retail - Defensive industry
Industry Median: 0.385 vs WBO:KR: 0.30

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.

The Kroger Co's adjusted revenue per share data for the three months ended in Jan. 2024 was €46.931. 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 €167.79 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Kroger Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for The Kroger 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.

* Premium members only.

The Kroger Co Cyclically Adjusted PS Ratio Chart

The Kroger Co Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.27 0.29 0.27 0.26

The Kroger Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.27 0.28 0.28 0.25 0.26

Competitive Comparison of The Kroger Co's Cyclically Adjusted PS Ratio

For the Grocery Stores subindustry, The Kroger 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.


The Kroger Co's Cyclically Adjusted PS Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, The Kroger Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



The Kroger 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.

The Kroger Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=50.57/167.79
=0.30

* 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.

The Kroger Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, The Kroger Co's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=46.931/130.1244*130.1244
=46.931

Current CPI (Jan. 2024) = 130.1244.

The Kroger Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 23.534 100.023 30.616
201407 19.047 100.520 24.657
201410 20.035 100.176 26.025
201501 21.989 98.604 29.018
201504 31.067 99.824 40.497
201507 23.761 100.691 30.707
201510 22.821 100.346 29.593
201601 24.590 99.957 32.011
201604 31.559 100.947 40.681
201607 25.069 101.524 32.131
201610 25.303 101.988 32.284
201701 27.436 102.456 34.845
201704 36.599 103.167 46.162
201707 26.438 103.278 33.310
201710 26.444 104.070 33.064
201801 29.291 104.578 36.446
201804 36.340 105.708 44.734
201807 29.789 106.324 36.457
201810 30.004 106.695 36.593
201901 30.743 106.200 37.669
201904 41.184 107.818 49.704
201907 31.212 108.250 37.519
201910 31.336 108.577 37.555
202001 32.339 108.841 38.663
202004 48.509 108.173 58.353
202007 33.747 109.318 40.170
202010 32.390 109.861 38.364
202101 32.815 110.364 38.690
202104 45.428 112.673 52.464
202107 35.501 115.183 40.106
202110 36.520 116.696 40.722
202201 39.214 118.619 43.017
202204 56.343 121.978 60.106
202207 46.964 125.002 48.889
202210 47.943 125.734 49.617
202301 44.634 126.223 46.014
202304 56.893 127.992 57.841
202307 42.563 128.974 42.943
202310 44.355 129.810 44.463
202401 46.931 130.124 46.931

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.


The Kroger Co  (WBO:KR) 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.


The Kroger Co Cyclically Adjusted PS Ratio Related Terms

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


The Kroger Co (WBO:KR) Business Description

Traded in Other Exchanges
Address
1014 Vine Street, Cincinnati, OH, USA, 45202
Kroger is the leading U.S. grocer, with 2,719 supermarkets operating under several banners throughout the country at the end of fiscal 2022. Around 83% of stores have pharmacies, while nearly 60% also sell fuel. The company also operates roughly 120 fine jewelry stores. Kroger features a leading private-label offering and manufactures around 30% of its own-brand units (and more than 40% of its grocery own-label assortment) itself in 33 food production plants nationwide. Kroger is a top-two grocer in most of its major markets (as of early 2021, according to company data). Virtually all of Kroger's sales come from the United States. Kroger has offered to acquire Albertsons in a $25 billion deal; if the transaction is approved by regulators, it should close in 2024.

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