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Procter & Gamble Co (WBO:PG) Cyclically Adjusted PS Ratio : 5.10 (As of May. 18, 2024)


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What is Procter & Gamble Co Cyclically Adjusted PS Ratio?

As of today (2024-05-18), Procter & Gamble Co's current share price is €153.68. Procter & Gamble Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €30.13. Procter & Gamble Co's Cyclically Adjusted PS Ratio for today is 5.10.

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

WBO:PG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.52   Med: 3.38   Max: 5.53
Current: 5.15

During the past years, Procter & Gamble Co's highest Cyclically Adjusted PS Ratio was 5.53. The lowest was 2.52. And the median was 3.38.

WBO:PG's Cyclically Adjusted PS Ratio is ranked worse than
91.84% of 1373 companies
in the Consumer Packaged Goods industry
Industry Median: 0.81 vs WBO:PG: 5.15

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.

Procter & Gamble Co's adjusted revenue per share data for the three months ended in Mar. 2024 was €7.516. 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 €30.13 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Procter & Gamble Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Procter & Gamble 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.

Procter & Gamble Co Cyclically Adjusted PS Ratio Chart

Procter & Gamble Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.93 4.29 4.65 4.59 4.74

Procter & Gamble Co 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 4.71 4.74 4.53 4.58 4.99

Competitive Comparison of Procter & Gamble Co's Cyclically Adjusted PS Ratio

For the Household & Personal Products subindustry, Procter & Gamble 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.


Procter & Gamble Co's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Procter & Gamble Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Procter & Gamble 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.

Procter & Gamble Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=153.68/30.13
=5.10

* 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.

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

For example, Procter & Gamble Co'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)
=7.516/131.7762*131.7762
=7.516

Current CPI (Mar. 2024) = 131.7762.

Procter & Gamble Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.432 100.560 4.497
201409 5.044 100.428 6.618
201412 5.199 99.070 6.915
201503 5.427 99.621 7.179
201506 5.124 100.684 6.706
201509 5.135 100.392 6.740
201512 5.421 99.792 7.158
201603 4.990 100.470 6.545
201606 5.098 101.688 6.606
201609 5.214 101.861 6.745
201612 5.837 101.863 7.551
201703 5.393 102.862 6.909
201706 5.309 103.349 6.769
201709 5.193 104.136 6.571
201712 5.506 104.011 6.976
201803 4.991 105.290 6.247
201806 5.390 106.317 6.681
201809 5.476 106.507 6.775
201812 5.844 105.998 7.265
201903 5.523 107.251 6.786
201906 6.027 108.070 7.349
201909 6.104 108.329 7.425
201912 6.242 108.420 7.587
202003 5.961 108.902 7.213
202006 6.016 108.767 7.289
202009 6.247 109.815 7.496
202012 6.206 109.897 7.442
202103 5.873 111.754 6.925
202106 6.112 114.631 7.026
202109 6.756 115.734 7.692
202112 7.289 117.630 8.166
202203 6.955 121.301 7.556
202206 7.317 125.017 7.713
202209 8.315 125.227 8.750
202212 7.903 125.222 8.317
202303 7.579 127.348 7.843
202306 7.657 128.729 7.838
202309 8.279 129.860 8.401
202312 7.965 129.419 8.110
202403 7.516 131.776 7.516

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.


Procter & Gamble Co  (WBO:PG) 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.


Procter & Gamble Co Cyclically Adjusted PS Ratio Related Terms

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Procter & Gamble Co (WBO:PG) Business Description

Address
One Procter and Gamble Plaza, Cincinnati, OH, USA, 45202
Since its founding in 1837, Procter & Gamble has become one of the world's largest consumer product manufacturers, generating more than $80 billion in annual sales. It operates with a lineup of leading brands, including more than 20 that generate north of $1 billion each in annual global sales, such as Tide laundry detergent, Charmin toilet paper, Pantene shampoo, and Pampers diapers. P&G sold its last remaining food brand, Pringles, to Kellogg in calendar 2012. Sales outside its home turf represent just more than half of the firm's consolidated total.