GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Sysco Corp (NYSE:SYY) » Definitions » Cyclically Adjusted PS Ratio

Sysco (SYY) Cyclically Adjusted PS Ratio : 0.60 (As of Apr. 27, 2024)


View and export this data going back to 1981. Start your Free Trial

What is Sysco Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Sysco's current share price is $77.07. Sysco's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $128.46. Sysco's Cyclically Adjusted PS Ratio for today is 0.60.

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

SYY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.66   Max: 0.92
Current: 0.6

During the past years, Sysco's highest Cyclically Adjusted PS Ratio was 0.92. The lowest was 0.37. And the median was 0.66.

SYY's Cyclically Adjusted PS Ratio is ranked worse than
61.67% of 227 companies
in the Retail - Defensive industry
Industry Median: 0.37 vs SYY: 0.60

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.

Sysco's adjusted revenue per share data for the three months ended in Dec. 2023 was $38.124. 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 $128.46 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sysco Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sysco'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.

Sysco Cyclically Adjusted PS Ratio Chart

Sysco 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 0.77 0.57 0.76 0.73 0.59

Sysco Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.64 0.63 0.59 0.52 0.57

Competitive Comparison of Sysco's Cyclically Adjusted PS Ratio

For the Food Distribution subindustry, Sysco'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.


Sysco's Cyclically Adjusted PS Ratio Distribution in the Retail - Defensive Industry

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

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



Sysco 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=77.07/128.46
=0.60

* 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.

Sysco's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Sysco's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=38.124/129.4194*129.4194
=38.124

Current CPI (Dec. 2023) = 129.4194.

Sysco Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 19.099 99.695 24.794
201406 20.777 100.560 26.740
201409 20.976 100.428 27.031
201412 20.283 99.070 26.497
201503 19.613 99.621 25.480
201506 20.696 100.684 26.603
201509 20.910 100.392 26.956
201512 21.268 99.792 27.582
201603 21.027 100.470 27.086
201606 24.086 101.688 30.654
201609 24.902 101.861 31.639
201612 24.451 101.863 31.066
201703 24.857 102.862 31.275
201706 26.766 103.349 33.518
201709 27.483 104.136 34.156
201712 27.333 104.011 34.010
201803 27.178 105.290 33.407
201806 29.004 106.317 35.307
201809 28.760 106.507 34.947
201812 28.147 105.998 34.366
201903 28.198 107.251 34.027
201906 29.756 108.070 35.635
201909 29.499 108.329 35.242
201912 29.146 108.420 34.791
202003 26.721 108.902 31.755
202006 17.413 108.767 20.719
202009 23.059 109.815 27.176
202012 22.543 109.897 26.548
202103 22.979 111.754 26.611
202106 31.264 114.631 35.297
202109 31.906 115.734 35.679
202112 31.716 117.630 34.895
202203 32.997 121.301 35.205
202206 36.923 125.017 38.223
202209 37.475 125.227 38.730
202212 36.448 125.222 37.670
202303 37.023 127.348 37.625
202306 38.796 128.729 39.004
202309 38.694 129.860 38.563
202312 38.124 129.419 38.124

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.


Sysco  (NYSE:SYY) 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.


Sysco Cyclically Adjusted PS Ratio Related Terms

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


Sysco (SYY) Business Description

Traded in Other Exchanges
Address
1390 Enclave Parkway, Houston, TX, USA, 77077-2099
Sysco is the largest U.S. foodservice distributor with 17% share of the highly fragmented $350 billion domestic market. Sysco distributes roughly 500,000 food and nonfood products to restaurants (62% of fiscal 2023 revenue), education and government buildings (8%), travel and leisure (8%), healthcare facilities (7%) and other locations (15%) where individuals consume away-from-home meals. In fiscal 2023, 70% of the firm's revenue was derived from its U.S. foodservice operations, while its international (18%), quick-service logistics (10%), and other (2%) segments made up the difference.
Executives
Sheila Talton director C/O ACCO BRANDS CORPORATION, 300 TOWER PARKWAY, LINCOLNSHIRE IL 60201
Jennifer L Johnson officer: SVP and CAO 942 S. SHADY GROVE ROAD, MEMPHIS TN 38120
Victoria L Gutierrez officer: SVP 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Daniel Purefoy officer: SVP, Chief Supply Chain Off 33 KINGSWAY, LONDON X0 WC2B 6UF
Neil Russell officer: Interim CFO 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Kenny K Cheung officer: EVP and CFO HERTZ GLOBAL HOLDINGS, INC., 8501 WILLIAMS ROAD, ESTERO FL 33928
Greg D Bertrand officer: SVP 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Kevin Hourican officer: President and CEO ONE CVS DRIVE, WOONSOCKET RI 02895
Scott B. Stone officer: VP, Finance and interim CAO 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Paulo Peereboom officer: EVP 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Aaron E Alt officer: EVP and CFO 3001 COLORADO BLVD., DENTON TX 76210
Anita A Zielinski officer: SVP & CAO 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
James Chris Jasper officer: SVP 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Jill Golder director 305 HARTMANN DRIVE, LEBANON TN 37087
Ali Dibadj director C/O JANUS HENDERSON GROUP, 151 DETROIT STREET, DENVER CO 80206

Sysco (SYY) Headlines