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Coty (XPAR:COTY) Cyclically Adjusted PS Ratio : 1.08 (As of May. 29, 2024)


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What is Coty Cyclically Adjusted PS Ratio?

As of today (2024-05-29), Coty's current share price is €10.098. Coty's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €9.35. Coty's Cyclically Adjusted PS Ratio for today is 1.08.

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

XPAR:COTY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.79   Max: 1.23
Current: 0.99

During the past years, Coty's highest Cyclically Adjusted PS Ratio was 1.23. The lowest was 0.25. And the median was 0.79.

XPAR:COTY's Cyclically Adjusted PS Ratio is ranked worse than
56.31% of 1378 companies
in the Consumer Packaged Goods industry
Industry Median: 0.81 vs XPAR:COTY: 0.99

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.

Coty's adjusted revenue per share data for the three months ended in Mar. 2024 was €1.429. 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 €9.35 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Coty Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Coty'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.

Coty Cyclically Adjusted PS Ratio Chart

Coty 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 - - 0.81 0.69 1.11

Coty 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 1.08 1.11 1.00 1.17 1.12

Competitive Comparison of Coty's Cyclically Adjusted PS Ratio

For the Household & Personal Products subindustry, Coty'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.


Coty's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Coty 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.

Coty's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.098/9.35
=1.08

* 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.

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

For example, Coty'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)
=1.429/131.7762*131.7762
=1.429

Current CPI (Mar. 2024) = 131.7762.

Coty Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.047 100.560 2.682
201409 2.518 100.428 3.304
201412 2.817 99.070 3.747
201503 2.432 99.621 3.217
201506 2.458 100.684 3.217
201509 2.679 100.392 3.517
201512 3.136 99.792 4.141
201603 2.527 100.470 3.314
201606 2.766 101.688 3.584
201609 2.862 101.861 3.703
201612 2.894 101.863 3.744
201703 2.543 102.862 3.258
201706 2.669 103.349 3.403
201709 2.509 104.136 3.175
201712 2.961 104.011 3.751
201803 2.403 105.290 3.008
201806 -0.293 106.317 -0.363
201809 2.319 106.507 2.869
201812 2.939 105.998 3.654
201903 2.345 107.251 2.881
201906 -0.289 108.070 -0.352
201909 1.688 108.329 2.053
201912 1.999 108.420 2.430
202003 1.264 108.902 1.530
202006 0.652 108.767 0.790
202009 1.041 109.815 1.249
202012 1.522 109.897 1.825
202103 1.128 111.754 1.330
202106 1.151 114.631 1.323
202109 1.480 115.734 1.685
202112 1.657 117.630 1.856
202203 1.263 121.301 1.372
202206 1.294 125.017 1.364
202209 1.591 125.227 1.674
202212 1.622 125.222 1.707
202303 1.391 127.348 1.439
202306 1.404 128.729 1.437
202309 1.800 129.860 1.827
202312 1.717 129.419 1.748
202403 1.429 131.776 1.429

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.


Coty  (XPAR:COTY) 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.


Coty Cyclically Adjusted PS Ratio Related Terms

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


Coty (XPAR:COTY) Business Description

Traded in Other Exchanges
Address
350 Fifth Avenue, New York, NY, USA, 10118
Coty is a global beauty maker that focuses on fragrance (59% of sales) and color cosmetics (28%), with limited exposure to skincare (5%) and body care (8%). For its fragrance business, Coty licenses luxury and high-end brands including Gucci, Burberry, Hugo Boss, Davidoff, and Calvin Klein, while its consumer cosmetics business focuses on acquired mass brands such as CoverGirl, Max Factor, Rimmel, Sally Hansen, and Bourjois. It also collaborates with social media celebrities Kim Kardashian and Kylie Jenner to launch makeup products bearing their names. By region, Coty generates close to 45% of sales from Europe, 30% from North America, 10% from Asia, and 8% from Latin America, with the rest from travel retail. German investment firm JAB is a controlling shareholder, with a 53% stake.