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Conagra Brands (BSP:C1AG34) Cyclically Adjusted Revenue per Share : R$123.75 (As of Feb. 2024)


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What is Conagra Brands Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Conagra Brands's adjusted revenue per share for the three months ended in Feb. 2024 was R$31.346. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is R$123.75 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Conagra Brands's average Cyclically Adjusted Revenue Growth Rate was -4.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 0.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -0.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -0.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Conagra Brands was 7.60% per year. The lowest was -8.90% per year. And the median was -1.55% per year.

As of today (2024-06-07), Conagra Brands's current stock price is R$160.33. Conagra Brands's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was R$123.75. Conagra Brands's Cyclically Adjusted PS Ratio of today is 1.30.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Conagra Brands was 1.52. The lowest was 0.77. And the median was 1.23.


Conagra Brands Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Conagra Brands's Cyclically Adjusted Revenue per Share 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.

Conagra Brands Cyclically Adjusted Revenue per Share Chart

Conagra Brands Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 108.40 136.94 131.75 143.95

Conagra Brands Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Cyclically Adjusted Revenue per Share 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 138.77 143.95 134.29 124.58 123.75

Competitive Comparison of Conagra Brands's Cyclically Adjusted Revenue per Share

For the Packaged Foods subindustry, Conagra Brands'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.


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

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

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



Conagra Brands Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Conagra Brands's adjusted Revenue per Share data for the three months ended in Feb. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=31.346/130.9299*130.9299
=31.346

Current CPI (Feb. 2024) = 130.9299.

Conagra Brands Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 -0.239 100.373 -0.312
201408 14.600 100.352 19.049
201411 18.585 99.635 24.423
201502 18.945 99.032 25.047
201505 1.571 100.333 2.050
201508 22.550 100.548 29.364
201511 20.393 100.135 26.665
201602 19.834 100.040 25.958
201605 16.474 101.355 21.281
201608 13.739 101.617 17.702
201611 15.791 101.829 20.304
201702 14.099 102.779 17.961
201705 14.069 103.256 17.840
201708 13.548 103.587 17.124
201711 17.280 104.072 21.739
201802 16.108 105.052 20.076
201805 18.018 106.148 22.225
201808 18.308 106.383 22.532
201811 21.396 106.338 26.344
201902 20.686 106.649 25.396
201905 21.591 108.048 26.163
201908 19.708 108.245 23.838
201911 24.007 108.519 28.965
202002 22.722 109.139 27.259
202005 37.902 108.175 45.875
202008 29.903 109.662 35.702
202011 33.242 109.793 39.641
202102 30.764 110.968 36.298
202105 29.940 113.576 34.515
202108 28.875 115.421 32.755
202111 35.336 117.269 39.452
202202 31.411 119.703 34.357
202205 29.942 123.323 31.789
202208 31.064 124.958 32.549
202211 36.291 125.607 37.829
202302 33.355 126.928 34.407
202305 30.869 128.314 31.498
202308 29.665 129.538 29.984
202311 32.750 129.548 33.099
202402 31.346 130.930 31.346

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Conagra Brands  (BSP:C1AG34) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Conagra Brands's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=160.33/123.75
=1.30

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Conagra Brands was 1.52. The lowest was 0.77. And the median was 1.23.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Conagra Brands Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Conagra Brands's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Conagra Brands (BSP:C1AG34) Business Description

Traded in Other Exchanges
Address
222 W. Merchandise Mart Plaza, Suite 1300, Chicago, IL, USA, 60654
Conagra Brands is a packaged food company that operates predominantly in the United States (over 90% of revenue and profits). Most of its revenue comes from frozen food, including brands like Marie Callender's, Healthy Choice, Banquet, and Birds Eye. Conagra also sells snacks, shelf-stable staples, and refrigerated food through brands like Duncan Hines, Hunt's, Slim Jim, Vlasic, Orville Redenbacher's, Reddi-wip, Wish-Bone, and Chef Boyardee. The company primarily sells through the U.S. retail channel, with just 8% of fiscal 2023 revenue coming from international markets and 9% from foodservice.

Conagra Brands (BSP:C1AG34) Headlines

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