Common Stock Valuation Ratios (Price Multiples)
Quarterly Data
Valuation ratios measure the quantity of an asset or flaw (e.g., earnings) associated with ownership of a specified claim (e.g., a share of ownership of the enterprise).
Historical Valuation Ratios (Summary)
Constellation Brands Inc., historical price multiples (quarterly data)
Based on: 10-Q (reporting date: 2022-11-30), 10-Q (reporting date: 2022-08-31), 10-Q (reporting date: 2022-05-31), 10-K (reporting date: 2022-02-28), 10-Q (reporting date: 2021-11-30), 10-Q (reporting date: 2021-08-31), 10-Q (reporting date: 2021-05-31), 10-K (reporting date: 2021-02-28), 10-Q (reporting date: 2020-11-30), 10-Q (reporting date: 2020-08-31), 10-Q (reporting date: 2020-05-31), 10-K (reporting date: 2020-02-29), 10-Q (reporting date: 2019-11-30), 10-Q (reporting date: 2019-08-31), 10-Q (reporting date: 2019-05-31), 10-K (reporting date: 2019-02-28), 10-Q (reporting date: 2018-11-30), 10-Q (reporting date: 2018-08-31), 10-Q (reporting date: 2018-05-31), 10-K (reporting date: 2018-02-28), 10-Q (reporting date: 2017-11-30), 10-Q (reporting date: 2017-08-31), 10-Q (reporting date: 2017-05-31), 10-K (reporting date: 2017-02-28), 10-Q (reporting date: 2016-11-30), 10-Q (reporting date: 2016-08-31), 10-Q (reporting date: 2016-05-31).
| Valuation ratio | Description | The company |
|---|---|---|
| P/E ratio | The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. | Constellation Brands Inc. P/E ratio increased from Q1 2023 to Q2 2023 but then slightly decreased from Q2 2023 to Q3 2023. |
| P/OP ratio | Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. | Constellation Brands Inc. P/OP ratio decreased from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023. |
| P/S ratio | An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. | Constellation Brands Inc. P/S ratio decreased from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023. |
| P/BV ratio | The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. | Constellation Brands Inc. P/BV ratio increased from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023. |
Price to Earnings (P/E)
Constellation Brands Inc., historical P/E calculation (quarterly data)
| Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | May 31, 2019 | Feb 28, 2019 | Nov 30, 2018 | Aug 31, 2018 | May 31, 2018 | Feb 28, 2018 | Nov 30, 2017 | Aug 31, 2017 | May 31, 2017 | Feb 28, 2017 | Nov 30, 2016 | Aug 31, 2016 | May 31, 2016 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 184,550,904 | 184,482,348 | 184,784,824 | 188,217,466 | 189,764,472 | 188,100,070 | 192,086,335 | 194,027,715 | 193,908,725 | 193,800,293 | 192,990,138 | 192,840,856 | 191,647,626 | 191,636,060 | 191,574,161 | 191,349,811 | 189,876,701 | 189,464,272 | 191,195,545 | 191,391,478 | 194,711,432 | 195,608,754 | 195,309,943 | 194,800,645 | 196,059,675 | 201,077,594 | 200,509,136 | ||||||||
| Selected Financial Data (US$) | |||||||||||||||||||||||||||||||||||
| Net income (loss) attributable to CBI (in thousands) | 467,700) | (1,151,200) | 389,500) | 395,400) | 470,800) | 1,500) | (908,100) | 382,900) | 1,280,900) | 512,100) | (177,900) | 398,400) | 360,400) | (525,200) | (245,400) | 1,239,500) | 303,100) | 1,149,500) | 743,800) | 925,500) | 491,100) | 499,500) | 402,800) | 452,000) | 405,900) | 358,900) | 318,300) | ||||||||
| Earnings per share (EPS)2 | 0.55 | 0.57 | 6.80 | -0.21 | -0.28 | 4.03 | 6.60 | 10.30 | 10.38 | 5.64 | 0.29 | -0.06 | 4.33 | 4.03 | 12.77 | 17.96 | 16.44 | 17.47 | 13.91 | 12.12 | 9.48 | 9.00 | 8.29 | 7.88 | 0.00 | 0.00 | 0.00 | ||||||||
| Share price1, 3 | 208.68 | 232.52 | 233.06 | 254.21 | 244.79 | 211.62 | 233.89 | 238.31 | 228.87 | 184.61 | 185.88 | 153.02 | 190.29 | 194.26 | 196.94 | 207.48 | 150.94 | 222.10 | 218.87 | 228.26 | 219.88 | 209.25 | 192.79 | 171.06 | 146.75 | 168.60 | 165.40 | ||||||||
| Valuation Ratio | |||||||||||||||||||||||||||||||||||
| P/E ratio4 | 379.80 | 410.49 | 34.26 | — | — | 52.57 | 35.44 | 23.14 | 22.04 | 32.73 | 644.04 | — | 43.98 | 48.22 | 15.42 | 11.55 | 9.18 | 12.71 | 15.73 | 18.84 | 23.20 | 23.25 | 23.25 | 21.71 | — | — | — | ||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||||
| P/E Ratio, Competitors5 | |||||||||||||||||||||||||||||||||||
| Altria Group Inc. | 7.93 | 11.76 | 15.06 | 14.42 | 17.33 | 45.23 | 33.20 | 37.80 | 29.51 | 19.72 | 19.88 | 18.14 | 91.35 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Coca-Cola Co. | 22.33 | 25.69 | 27.85 | 27.12 | 25.88 | 28.47 | 27.84 | 27.63 | 27.47 | 30.49 | 32.01 | 27.91 | 26.14 | 22.66 | 19.48 | 28.21 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Mondelēz International Inc. | 19.80 | 23.78 | 25.50 | 33.07 | 26.93 | 22.33 | 21.13 | 21.64 | 19.22 | 21.14 | 22.62 | 22.33 | 24.91 | 23.66 | 19.74 | 21.72 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| PepsiCo Inc. | 27.27 | 32.68 | 39.71 | 26.71 | 24.02 | 25.33 | 23.57 | 30.58 | 25.66 | 25.76 | 26.23 | 26.15 | 27.64 | 27.27 | 26.13 | 27.83 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Philip Morris International Inc. | 17.38 | 19.02 | 17.50 | 17.54 | 15.87 | 16.58 | 17.60 | 18.37 | 16.43 | 17.54 | 17.03 | 16.55 | 14.43 | 16.76 | 15.71 | 18.94 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2022-11-30), 10-Q (reporting date: 2022-08-31), 10-Q (reporting date: 2022-05-31), 10-K (reporting date: 2022-02-28), 10-Q (reporting date: 2021-11-30), 10-Q (reporting date: 2021-08-31), 10-Q (reporting date: 2021-05-31), 10-K (reporting date: 2021-02-28), 10-Q (reporting date: 2020-11-30), 10-Q (reporting date: 2020-08-31), 10-Q (reporting date: 2020-05-31), 10-K (reporting date: 2020-02-29), 10-Q (reporting date: 2019-11-30), 10-Q (reporting date: 2019-08-31), 10-Q (reporting date: 2019-05-31), 10-K (reporting date: 2019-02-28), 10-Q (reporting date: 2018-11-30), 10-Q (reporting date: 2018-08-31), 10-Q (reporting date: 2018-05-31), 10-K (reporting date: 2018-02-28), 10-Q (reporting date: 2017-11-30), 10-Q (reporting date: 2017-08-31), 10-Q (reporting date: 2017-05-31), 10-K (reporting date: 2017-02-28), 10-Q (reporting date: 2016-11-30), 10-Q (reporting date: 2016-08-31), 10-Q (reporting date: 2016-05-31).
1 Data adjusted for splits and stock dividends.
2 Q3 2023 Calculation
EPS
= (Net income (loss) attributable to CBIQ3 2023
+ Net income (loss) attributable to CBIQ2 2023
+ Net income (loss) attributable to CBIQ1 2023
+ Net income (loss) attributable to CBIQ4 2022)
÷ No. shares of common stock outstanding
= (467,700,000 + -1,151,200,000 + 389,500,000 + 395,400,000)
÷ 184,550,904 = 0.55
3 Closing price as at the filing date of Constellation Brands Inc. Quarterly or Annual Report.
4 Q3 2023 Calculation
P/E ratio = Share price ÷ EPS
= 208.68 ÷ 0.55 = 379.80
5 Click competitor name to see calculations.
| Valuation ratio | Description | The company |
|---|---|---|
| P/E ratio | The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. | Constellation Brands Inc. P/E ratio increased from Q1 2023 to Q2 2023 but then slightly decreased from Q2 2023 to Q3 2023. |
Price to Operating Profit (P/OP)
Constellation Brands Inc., historical P/OP calculation (quarterly data)
| Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | May 31, 2019 | Feb 28, 2019 | Nov 30, 2018 | Aug 31, 2018 | May 31, 2018 | Feb 28, 2018 | Nov 30, 2017 | Aug 31, 2017 | May 31, 2017 | Feb 28, 2017 | Nov 30, 2016 | Aug 31, 2016 | May 31, 2016 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 184,550,904 | 184,482,348 | 184,784,824 | 188,217,466 | 189,764,472 | 188,100,070 | 192,086,335 | 194,027,715 | 193,908,725 | 193,800,293 | 192,990,138 | 192,840,856 | 191,647,626 | 191,636,060 | 191,574,161 | 191,349,811 | 189,876,701 | 189,464,272 | 191,195,545 | 191,391,478 | 194,711,432 | 195,608,754 | 195,309,943 | 194,800,645 | 196,059,675 | 201,077,594 | 200,509,136 | ||||||||
| Selected Financial Data (US$) | |||||||||||||||||||||||||||||||||||
| Operating income (in thousands) | 746,700) | 813,100) | 816,400) | 677,500) | 839,900) | 739,200) | 75,100) | 559,300) | 783,100) | 838,700) | 610,000) | 545,100) | 267,200) | 719,500) | 622,700) | 465,300) | 556,500) | 765,000) | 625,400) | 515,700) | 486,800) | 713,900) | 568,100) | 701,800) | 534,000) | 610,900) | 552,700) | ||||||||
| Operating profit per share2 | 16.55 | 17.06 | 16.63 | 12.39 | 11.66 | 11.47 | 11.75 | 14.39 | 14.32 | 11.67 | 11.10 | 11.17 | 10.83 | 12.34 | 12.58 | 12.61 | 12.97 | 12.63 | 12.25 | 11.94 | 12.69 | 12.87 | 12.36 | 12.32 | 0.00 | 0.00 | 0.00 | ||||||||
| Share price1, 3 | 208.68 | 232.52 | 233.06 | 254.21 | 244.79 | 211.62 | 233.89 | 238.31 | 228.87 | 184.61 | 185.88 | 153.02 | 190.29 | 194.26 | 196.94 | 207.48 | 150.94 | 222.10 | 218.87 | 228.26 | 219.88 | 209.25 | 192.79 | 171.06 | 146.75 | 168.60 | 165.40 | ||||||||
| Valuation Ratio | |||||||||||||||||||||||||||||||||||
| P/OP ratio4 | 12.61 | 13.63 | 14.01 | 20.52 | 20.99 | 18.46 | 19.91 | 16.57 | 15.98 | 15.82 | 16.75 | 13.70 | 17.58 | 15.75 | 15.66 | 16.46 | 11.64 | 17.59 | 17.87 | 19.12 | 17.33 | 16.26 | 15.59 | 13.89 | — | — | — | ||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||||
| P/OP Ratio, Competitors5 | |||||||||||||||||||||||||||||||||||
| Altria Group Inc. | 6.00 | 6.92 | 7.14 | 6.97 | 6.88 | 6.79 | 8.50 | 8.09 | 7.18 | 7.71 | 7.68 | 7.45 | 6.26 | 7.36 | 7.00 | 7.65 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Coca-Cola Co. | 21.65 | 24.70 | 25.28 | 23.72 | 24.45 | 26.41 | 26.11 | 26.19 | 22.06 | 23.74 | 24.74 | 24.03 | 24.68 | 23.08 | 19.45 | 24.95 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Mondelēz International Inc. | 17.68 | 22.16 | 25.48 | 25.43 | 21.64 | 19.09 | 19.85 | 20.00 | 18.62 | 20.54 | 19.98 | 20.60 | 21.56 | 24.21 | 19.89 | 21.87 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| PepsiCo Inc. | 20.33 | 24.69 | 29.45 | 20.67 | 17.60 | 17.90 | 16.97 | 20.87 | 18.28 | 18.75 | 18.78 | 18.47 | 19.55 | 19.07 | 18.53 | 19.78 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Philip Morris International Inc. | 12.02 | 13.68 | 13.05 | 12.96 | 11.31 | 11.81 | 12.37 | 12.90 | 11.42 | 12.23 | 11.95 | 11.43 | 9.86 | 11.29 | 10.67 | 12.92 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2022-11-30), 10-Q (reporting date: 2022-08-31), 10-Q (reporting date: 2022-05-31), 10-K (reporting date: 2022-02-28), 10-Q (reporting date: 2021-11-30), 10-Q (reporting date: 2021-08-31), 10-Q (reporting date: 2021-05-31), 10-K (reporting date: 2021-02-28), 10-Q (reporting date: 2020-11-30), 10-Q (reporting date: 2020-08-31), 10-Q (reporting date: 2020-05-31), 10-K (reporting date: 2020-02-29), 10-Q (reporting date: 2019-11-30), 10-Q (reporting date: 2019-08-31), 10-Q (reporting date: 2019-05-31), 10-K (reporting date: 2019-02-28), 10-Q (reporting date: 2018-11-30), 10-Q (reporting date: 2018-08-31), 10-Q (reporting date: 2018-05-31), 10-K (reporting date: 2018-02-28), 10-Q (reporting date: 2017-11-30), 10-Q (reporting date: 2017-08-31), 10-Q (reporting date: 2017-05-31), 10-K (reporting date: 2017-02-28), 10-Q (reporting date: 2016-11-30), 10-Q (reporting date: 2016-08-31), 10-Q (reporting date: 2016-05-31).
1 Data adjusted for splits and stock dividends.
2 Q3 2023 Calculation
Operating profit per share
= (Operating incomeQ3 2023
+ Operating incomeQ2 2023
+ Operating incomeQ1 2023
+ Operating incomeQ4 2022)
÷ No. shares of common stock outstanding
= (746,700,000 + 813,100,000 + 816,400,000 + 677,500,000)
÷ 184,550,904 = 16.55
3 Closing price as at the filing date of Constellation Brands Inc. Quarterly or Annual Report.
4 Q3 2023 Calculation
P/OP ratio = Share price ÷ Operating profit per share
= 208.68 ÷ 16.55 = 12.61
5 Click competitor name to see calculations.
| Valuation ratio | Description | The company |
|---|---|---|
| P/OP ratio | Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. | Constellation Brands Inc. P/OP ratio decreased from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023. |
Price to Sales (P/S)
Constellation Brands Inc., historical P/S calculation (quarterly data)
| Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | May 31, 2019 | Feb 28, 2019 | Nov 30, 2018 | Aug 31, 2018 | May 31, 2018 | Feb 28, 2018 | Nov 30, 2017 | Aug 31, 2017 | May 31, 2017 | Feb 28, 2017 | Nov 30, 2016 | Aug 31, 2016 | May 31, 2016 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 184,550,904 | 184,482,348 | 184,784,824 | 188,217,466 | 189,764,472 | 188,100,070 | 192,086,335 | 194,027,715 | 193,908,725 | 193,800,293 | 192,990,138 | 192,840,856 | 191,647,626 | 191,636,060 | 191,574,161 | 191,349,811 | 189,876,701 | 189,464,272 | 191,195,545 | 191,391,478 | 194,711,432 | 195,608,754 | 195,309,943 | 194,800,645 | 196,059,675 | 201,077,594 | 200,509,136 | ||||||||
| Selected Financial Data (US$) | |||||||||||||||||||||||||||||||||||
| Net sales (in thousands) | 2,436,500) | 2,655,100) | 2,363,200) | 2,102,500) | 2,320,600) | 2,371,100) | 2,026,500) | 1,953,000) | 2,438,100) | 2,260,400) | 1,963,400) | 1,902,900) | 1,999,400) | 2,344,000) | 2,097,200) | 1,797,200) | 1,972,600) | 2,299,100) | 2,047,100) | 1,765,900) | 1,799,100) | 2,084,500) | 1,935,500) | 1,628,000) | 1,810,500) | 2,021,200) | 1,871,800) | ||||||||
| Sales per share2 | 51.79 | 51.18 | 49.56 | 46.86 | 45.69 | 46.72 | 45.18 | 44.40 | 44.17 | 41.93 | 42.54 | 43.27 | 42.98 | 42.85 | 42.63 | 42.41 | 42.58 | 41.76 | 40.26 | 39.63 | 38.25 | 38.13 | 37.86 | 37.64 | 0.00 | 0.00 | 0.00 | ||||||||
| Share price1, 3 | 208.68 | 232.52 | 233.06 | 254.21 | 244.79 | 211.62 | 233.89 | 238.31 | 228.87 | 184.61 | 185.88 | 153.02 | 190.29 | 194.26 | 196.94 | 207.48 | 150.94 | 222.10 | 218.87 | 228.26 | 219.88 | 209.25 | 192.79 | 171.06 | 146.75 | 168.60 | 165.40 | ||||||||
| Valuation Ratio | |||||||||||||||||||||||||||||||||||
| P/S ratio4 | 4.03 | 4.54 | 4.70 | 5.42 | 5.36 | 4.53 | 5.18 | 5.37 | 5.18 | 4.40 | 4.37 | 3.54 | 4.43 | 4.53 | 4.62 | 4.89 | 3.54 | 5.32 | 5.44 | 5.76 | 5.75 | 5.49 | 5.09 | 4.55 | — | — | — | ||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||||
| P/S Ratio, Competitors5 | |||||||||||||||||||||||||||||||||||
| Altria Group Inc. | 2.82 | 3.22 | 3.38 | 3.31 | 3.23 | 3.11 | 3.86 | 3.60 | 3.14 | 3.39 | 3.34 | 3.10 | 2.59 | 3.02 | 2.82 | 3.14 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Coca-Cola Co. | 5.34 | 6.12 | 6.32 | 6.02 | 6.07 | 6.59 | 7.15 | 6.99 | 6.40 | 6.76 | 6.91 | 6.55 | 6.51 | 6.07 | 5.25 | 6.75 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Mondelēz International Inc. | 2.57 | 2.88 | 3.06 | 2.85 | 2.77 | 2.89 | 3.03 | 3.24 | 3.02 | 3.27 | 3.15 | 2.99 | 2.97 | 3.13 | 2.80 | 3.25 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| PepsiCo Inc. | 2.47 | 2.86 | 2.97 | 2.75 | 2.79 | 2.86 | 2.96 | 2.93 | 2.72 | 2.83 | 2.76 | 2.65 | 2.84 | 2.76 | 2.78 | 3.03 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Philip Morris International Inc. | 4.06 | 4.61 | 4.76 | 5.00 | 4.38 | 4.74 | 5.03 | 5.33 | 4.80 | 5.17 | 5.06 | 4.65 | 3.84 | 4.19 | 3.98 | 4.57 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2022-11-30), 10-Q (reporting date: 2022-08-31), 10-Q (reporting date: 2022-05-31), 10-K (reporting date: 2022-02-28), 10-Q (reporting date: 2021-11-30), 10-Q (reporting date: 2021-08-31), 10-Q (reporting date: 2021-05-31), 10-K (reporting date: 2021-02-28), 10-Q (reporting date: 2020-11-30), 10-Q (reporting date: 2020-08-31), 10-Q (reporting date: 2020-05-31), 10-K (reporting date: 2020-02-29), 10-Q (reporting date: 2019-11-30), 10-Q (reporting date: 2019-08-31), 10-Q (reporting date: 2019-05-31), 10-K (reporting date: 2019-02-28), 10-Q (reporting date: 2018-11-30), 10-Q (reporting date: 2018-08-31), 10-Q (reporting date: 2018-05-31), 10-K (reporting date: 2018-02-28), 10-Q (reporting date: 2017-11-30), 10-Q (reporting date: 2017-08-31), 10-Q (reporting date: 2017-05-31), 10-K (reporting date: 2017-02-28), 10-Q (reporting date: 2016-11-30), 10-Q (reporting date: 2016-08-31), 10-Q (reporting date: 2016-05-31).
1 Data adjusted for splits and stock dividends.
2 Q3 2023 Calculation
Sales per share
= (Net salesQ3 2023
+ Net salesQ2 2023
+ Net salesQ1 2023
+ Net salesQ4 2022)
÷ No. shares of common stock outstanding
= (2,436,500,000 + 2,655,100,000 + 2,363,200,000 + 2,102,500,000)
÷ 184,550,904 = 51.79
3 Closing price as at the filing date of Constellation Brands Inc. Quarterly or Annual Report.
4 Q3 2023 Calculation
P/S ratio = Share price ÷ Sales per share
= 208.68 ÷ 51.79 = 4.03
5 Click competitor name to see calculations.
| Valuation ratio | Description | The company |
|---|---|---|
| P/S ratio | An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. | Constellation Brands Inc. P/S ratio decreased from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023. |
Price to Book Value (P/BV)
Constellation Brands Inc., historical P/BV calculation (quarterly data)
| Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | May 31, 2019 | Feb 28, 2019 | Nov 30, 2018 | Aug 31, 2018 | May 31, 2018 | Feb 28, 2018 | Nov 30, 2017 | Aug 31, 2017 | May 31, 2017 | Feb 28, 2017 | Nov 30, 2016 | Aug 31, 2016 | May 31, 2016 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 184,550,904 | 184,482,348 | 184,784,824 | 188,217,466 | 189,764,472 | 188,100,070 | 192,086,335 | 194,027,715 | 193,908,725 | 193,800,293 | 192,990,138 | 192,840,856 | 191,647,626 | 191,636,060 | 191,574,161 | 191,349,811 | 189,876,701 | 189,464,272 | 191,195,545 | 191,391,478 | 194,711,432 | 195,608,754 | 195,309,943 | 194,800,645 | 196,059,675 | 201,077,594 | 200,509,136 | ||||||||
| Selected Financial Data (US$) | |||||||||||||||||||||||||||||||||||
| Total CBI stockholders’ equity (in thousands) | 8,389,500) | 9,389,000) | 11,231,400) | 11,731,900) | 11,238,300) | 11,192,700) | 12,261,600) | 13,598,900) | 13,312,100) | 11,688,000) | 11,066,000) | 12,131,800) | 11,709,400) | 11,377,500) | 12,174,600) | 12,551,000) | 11,256,700) | 11,268,300) | 10,556,400) | 8,046,100) | 7,993,900) | 7,928,100) | 7,389,700) | 6,891,200) | 7,018,000) | 7,182,400) | 6,848,000) | ||||||||
| Book value per share (BVPS)2 | 45.46 | 50.89 | 60.78 | 62.33 | 59.22 | 59.50 | 63.83 | 70.09 | 68.65 | 60.31 | 57.34 | 62.91 | 61.10 | 59.37 | 63.55 | 65.59 | 59.28 | 59.47 | 55.21 | 42.04 | 41.06 | 40.53 | 37.84 | 35.38 | 35.80 | 35.72 | 34.15 | ||||||||
| Share price1, 3 | 208.68 | 232.52 | 233.06 | 254.21 | 244.79 | 211.62 | 233.89 | 238.31 | 228.87 | 184.61 | 185.88 | 153.02 | 190.29 | 194.26 | 196.94 | 207.48 | 150.94 | 222.10 | 218.87 | 228.26 | 219.88 | 209.25 | 192.79 | 171.06 | 146.75 | 168.60 | 165.40 | ||||||||
| Valuation Ratio | |||||||||||||||||||||||||||||||||||
| P/BV ratio4 | 4.59 | 4.57 | 3.83 | 4.08 | 4.13 | 3.56 | 3.66 | 3.40 | 3.33 | 3.06 | 3.24 | 2.43 | 3.11 | 3.27 | 3.10 | 3.16 | 2.55 | 3.73 | 3.96 | 5.43 | 5.36 | 5.16 | 5.10 | 4.84 | 4.10 | 4.72 | 4.84 | ||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||||
| P/BV Ratio, Competitors5 | |||||||||||||||||||||||||||||||||||
| Altria Group Inc. | — | — | — | — | — | — | — | — | — | 27.52 | 29.61 | 28.54 | 21.36 | 13.59 | 11.15 | 12.69 | 7.93 | 6.26 | 6.83 | — | — | — | — | — | — | — | — | ||||||||
| Coca-Cola Co. | 9.14 | 10.38 | 10.90 | 10.73 | 11.26 | 11.85 | 11.55 | 11.74 | 10.91 | 11.07 | 11.35 | 11.20 | 11.70 | 11.91 | 10.75 | 13.26 | 12.50 | 12.48 | 11.51 | — | — | — | — | — | — | — | — | ||||||||
| Mondelēz International Inc. | 3.19 | 3.44 | 3.56 | 3.34 | 3.17 | 3.14 | 3.15 | 3.29 | 3.09 | 3.31 | 3.16 | 2.88 | 2.89 | 3.12 | 2.84 | 3.08 | 2.79 | 2.96 | 2.88 | — | — | — | — | — | — | — | — | ||||||||
| PepsiCo Inc. | 12.02 | 14.60 | 15.34 | 13.88 | 12.30 | 12.61 | 13.16 | 14.52 | 13.16 | 13.82 | 14.10 | 13.84 | 14.43 | 14.95 | 14.05 | 13.76 | 13.61 | 13.20 | 12.54 | — | — | — | — | — | — | — | — | ||||||||
| Philip Morris International Inc. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2022-11-30), 10-Q (reporting date: 2022-08-31), 10-Q (reporting date: 2022-05-31), 10-K (reporting date: 2022-02-28), 10-Q (reporting date: 2021-11-30), 10-Q (reporting date: 2021-08-31), 10-Q (reporting date: 2021-05-31), 10-K (reporting date: 2021-02-28), 10-Q (reporting date: 2020-11-30), 10-Q (reporting date: 2020-08-31), 10-Q (reporting date: 2020-05-31), 10-K (reporting date: 2020-02-29), 10-Q (reporting date: 2019-11-30), 10-Q (reporting date: 2019-08-31), 10-Q (reporting date: 2019-05-31), 10-K (reporting date: 2019-02-28), 10-Q (reporting date: 2018-11-30), 10-Q (reporting date: 2018-08-31), 10-Q (reporting date: 2018-05-31), 10-K (reporting date: 2018-02-28), 10-Q (reporting date: 2017-11-30), 10-Q (reporting date: 2017-08-31), 10-Q (reporting date: 2017-05-31), 10-K (reporting date: 2017-02-28), 10-Q (reporting date: 2016-11-30), 10-Q (reporting date: 2016-08-31), 10-Q (reporting date: 2016-05-31).
1 Data adjusted for splits and stock dividends.
2 Q3 2023 Calculation
BVPS = Total CBI stockholders’ equity ÷ No. shares of common stock outstanding
= 8,389,500,000 ÷ 184,550,904 = 45.46
3 Closing price as at the filing date of Constellation Brands Inc. Quarterly or Annual Report.
4 Q3 2023 Calculation
P/BV ratio = Share price ÷ BVPS
= 208.68 ÷ 45.46 = 4.59
5 Click competitor name to see calculations.
| Valuation ratio | Description | The company |
|---|---|---|
| P/BV ratio | The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. | Constellation Brands Inc. P/BV ratio increased from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023. |