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Altria Group (Altria Group) Cyclically Adjusted PS Ratio : (As of Apr. 27, 2024)


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What is Altria Group Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Altria Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Altria Group'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.

Altria Group Cyclically Adjusted PS Ratio Chart

Altria Group 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 4.95 3.95 4.20 3.79 3.24

Altria Group 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 3.64 3.65 3.36 3.24 -

Competitive Comparison of Altria Group's Cyclically Adjusted PS Ratio

For the Tobacco subindustry, Altria Group'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.


Altria Group's Cyclically Adjusted PS Ratio Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Altria Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Altria Group 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.

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

For example, Altria Group'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)
=2.683/129.4194*129.4194
=2.683

Current CPI (Mar. 2024) = 129.4194.

Altria Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.309 100.560 2.972
201409 2.405 100.428 3.099
201412 2.343 99.070 3.061
201503 2.173 99.621 2.823
201506 2.485 100.684 3.194
201509 2.542 100.392 3.277
201512 2.415 99.792 3.132
201603 2.316 100.470 2.983
201606 2.498 101.688 3.179
201609 2.660 101.861 3.380
201612 2.432 101.863 3.090
201703 2.367 102.862 2.978
201706 2.629 103.349 3.292
201709 2.675 104.136 3.324
201712 2.477 104.011 3.082
201803 2.459 105.290 3.023
201806 2.580 106.317 3.141
201809 2.810 106.507 3.415
201812 2.547 105.998 3.110
201903 2.342 107.251 2.826
201906 2.777 108.070 3.326
201909 2.897 108.329 3.461
201912 2.578 108.420 3.077
202003 2.716 108.902 3.228
202006 2.723 108.767 3.240
202009 3.054 109.815 3.599
202012 2.719 109.897 3.202
202103 2.628 111.754 3.043
202106 3.036 114.631 3.428
202109 3.003 115.734 3.358
202112 2.775 117.630 3.053
202203 2.651 121.301 2.828
202206 2.971 125.017 3.076
202209 3.008 125.227 3.109
202212 2.836 125.222 2.931
202303 2.667 127.348 2.710
202306 3.052 128.729 3.068
202309 2.976 129.860 2.966
202312 2.842 129.419 2.842
202403 2.683 129.419 2.683

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.


Altria Group  (NYSE:MO) 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.


Altria Group Cyclically Adjusted PS Ratio Related Terms

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


Altria Group (Altria Group) Business Description

Address
6601 West Broad Street, Richmond, VA, USA, 23230
Altria comprises Philip Morris USA, U.S. Smokeless Tobacco, John Middleton, Horizon Innovations and Helix Innovations. It holds a 10% interest in the world's largest brewer, Anheuser-Busch InBev. Through its tobacco subsidiaries, Altria holds the leading position in cigarettes and smokeless tobacco in the United States and the number-two spot in machine-made cigars. The company's Marlboro brand is the leading cigarette brand in the U.S. with a 42% annual share in 2022. Altria holds a 42% stake in cannabis manufacturer Cronos, has acquired Njoy Holdings in 2023, and recently exited its strategic investment in Juul Labs.
Executives
Clarke Ian L.t. director 6601 W BROAD ST, RICHMOND VA 23230
Robert Matthew Davis director 6601 W. BROAD STREET, RICHMOND VA 23230
Jacinto J Hernandez director 777 HIDDEN RIDGE, IRVING TX 75038
Mario Max Yzaguirre director 1515 WEST 190TH STREET, SUITE 275, GARDENA CA 90248
Marjorie Mary Connelly director 2580 PALMER DR, KESWICK VA 22947
Ellen R Strahlman director ALTRIA GROUP, INC., 6601 W. BROAD STREET, RICHMOND VA 23230
Nabil Y Sakkab director 6601 WEST BROAD STREET, RICHMOND VA 23230
Virginia E Shanks director 4170 CAUGHLIN PARKWAY, RENO NV 89519
Casteen John T Iii director 301 S. COLLEGE STREET, 30TH FLOOR, NC0630, CHARLOTTE NC 28288-0630
Kathryn B. Mcquade director 6601 WEST BROAD STREET, RICHMOND VA 23230
Kiely W Leo Iii director
Mark Newman director 1011 WARRENVILLE ROAD, SUITE 600, LISLE IL 60532
Kelly Ennis Debra J director 4405 A INTERNATIONAL BLVD, NORCROSS GA 30093
Surgner W Hildebrandt Jr officer: VP, Corp. Sec'y & Assoc. GC 6601 WEST BROAD STREET, RICHMOND VA 23230
Daniel J Bryant officer: Vice President & Treasurer 6601 WEST BROAD STREET, RICHMOND VA 23230

Altria Group (Altria Group) Headlines

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