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Aluminium Bahrain BSC (BAH:ALBH) Cyclically Adjusted PS Ratio : 1.28 (As of Jun. 06, 2024)


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What is Aluminium Bahrain BSC Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Aluminium Bahrain BSC's current share price is BHD1.19. Aluminium Bahrain BSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was BHD0.93. Aluminium Bahrain BSC's Cyclically Adjusted PS Ratio for today is 1.28.

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

BAH:ALBH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.76   Med: 1.27   Max: 2.14
Current: 1.29

During the past years, Aluminium Bahrain BSC's highest Cyclically Adjusted PS Ratio was 2.14. The lowest was 0.76. And the median was 1.27.

BAH:ALBH's Cyclically Adjusted PS Ratio is ranked worse than
50.77% of 583 companies
in the Metals & Mining industry
Industry Median: 1.26 vs BAH:ALBH: 1.29

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.

Aluminium Bahrain BSC's adjusted revenue per share data for the three months ended in Mar. 2024 was BHD0.236. 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 BHD0.93 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aluminium Bahrain BSC Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Aluminium Bahrain BSC'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.

Aluminium Bahrain BSC Cyclically Adjusted PS Ratio Chart

Aluminium Bahrain BSC 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 - - 1.10 1.30 1.26

Aluminium Bahrain BSC 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 1.18 1.23 1.22 1.26 1.32

Competitive Comparison of Aluminium Bahrain BSC's Cyclically Adjusted PS Ratio

For the Aluminum subindustry, Aluminium Bahrain BSC'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.


Aluminium Bahrain BSC's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Aluminium Bahrain BSC's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Aluminium Bahrain BSC 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.

Aluminium Bahrain BSC's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.19/0.93
=1.28

* 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.

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

For example, Aluminium Bahrain BSC'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)
=0.236/131.7762*131.7762
=0.236

Current CPI (Mar. 2024) = 131.7762.

Aluminium Bahrain BSC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.137 100.560 0.180
201409 0.158 100.428 0.207
201412 0.157 99.070 0.209
201503 0.146 99.621 0.193
201506 0.141 100.684 0.185
201509 0.131 100.392 0.172
201512 0.125 99.792 0.165
201603 0.111 100.470 0.146
201606 0.118 101.688 0.153
201609 0.124 101.861 0.160
201612 0.123 101.863 0.159
201703 0.135 102.862 0.173
201706 0.127 103.349 0.162
201709 0.166 104.136 0.210
201712 0.178 104.011 0.226
201803 0.156 105.290 0.195
201806 0.172 106.317 0.213
201809 0.166 106.507 0.205
201812 0.149 105.998 0.185
201903 0.144 107.251 0.177
201906 0.173 108.070 0.211
201909 0.203 108.329 0.247
201912 0.207 108.420 0.252
202003 0.195 108.902 0.236
202006 0.173 108.767 0.210
202009 0.186 109.815 0.223
202012 0.197 109.897 0.236
202103 0.214 111.754 0.252
202106 0.261 114.631 0.300
202109 0.275 115.734 0.313
202112 0.370 117.630 0.414
202203 0.321 121.301 0.349
202206 0.367 125.017 0.387
202209 0.285 125.227 0.300
202212 0.327 125.222 0.344
202303 0.261 127.348 0.270
202306 0.273 128.729 0.279
202309 0.282 129.860 0.286
202312 0.273 129.419 0.278
202403 0.236 131.776 0.236

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.


Aluminium Bahrain BSC  (BAH:ALBH) 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.


Aluminium Bahrain BSC Cyclically Adjusted PS Ratio Related Terms

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


Aluminium Bahrain BSC (BAH:ALBH) Business Description

Traded in Other Exchanges
Address
94 Road, King Hamad Highway, Building 150, Block 951, P.O. Box 570, Askar, BHR
Aluminium Bahrain BSC manufactures aluminum and aluminum related products. The company owns and operates aluminum smelter where it produces Extrusion Billets, Foundry Alloy Ingots Propertzi and Standard Ingot Form, Rolling Slabs, Tee and Standard Ingots and Liquid Metal. The other products of the company are anodes, water, power, and calcined coke.

Aluminium Bahrain BSC (BAH:ALBH) Headlines

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