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City Steel PCL (BKK:CITY) Cyclically Adjusted PS Ratio : 1.51 (As of May. 27, 2024)


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What is City Steel PCL Cyclically Adjusted PS Ratio?

As of today (2024-05-27), City Steel PCL's current share price is ฿2.16. City Steel PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was ฿1.43. City Steel PCL's Cyclically Adjusted PS Ratio for today is 1.51.

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

BKK:CITY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.61   Med: 1.23   Max: 1.77
Current: 1.51

During the past years, City Steel PCL's highest Cyclically Adjusted PS Ratio was 1.77. The lowest was 0.61. And the median was 1.23.

BKK:CITY's Cyclically Adjusted PS Ratio is ranked worse than
52.1% of 2194 companies
in the Industrial Products industry
Industry Median: 1.42 vs BKK:CITY: 1.51

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.

City Steel PCL's adjusted revenue per share data for the three months ended in Jan. 2024 was ฿0.029. 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 ฿1.43 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


City Steel PCL Cyclically Adjusted PS Ratio Historical Data

The historical data trend for City Steel PCL'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.

City Steel PCL Cyclically Adjusted PS Ratio Chart

City Steel PCL Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.12 0.88 1.19 1.38 1.27

City Steel PCL Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 1.28 1.23 1.27 1.36 1.54

Competitive Comparison of City Steel PCL's Cyclically Adjusted PS Ratio

For the Metal Fabrication subindustry, City Steel PCL'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.


City Steel PCL's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, City Steel PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



City Steel PCL 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.

City Steel PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.16/1.43
=1.51

* 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.

City Steel PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, City Steel PCL's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.029/130.1244*130.1244
=0.029

Current CPI (Jan. 2024) = 130.1244.

City Steel PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 0.762 100.023 0.991
201407 0.562 100.520 0.728
201410 0.687 100.176 0.892
201501 0.672 98.604 0.887
201504 0.454 99.824 0.592
201507 0.426 100.691 0.551
201510 0.445 100.346 0.577
201601 0.516 99.957 0.672
201604 0.406 100.947 0.523
201607 0.358 101.524 0.459
201610 0.341 101.988 0.435
201701 0.392 102.456 0.498
201704 0.221 103.167 0.279
201707 0.312 103.278 0.393
201710 0.313 104.070 0.391
201801 0.303 104.578 0.377
201804 0.340 105.708 0.419
201807 0.327 106.324 0.400
201810 0.346 106.695 0.422
201901 0.368 106.200 0.451
201904 0.252 107.818 0.304
201907 0.313 108.250 0.376
201910 0.337 108.577 0.404
202001 0.263 108.841 0.314
202004 0.160 108.173 0.192
202007 0.125 109.318 0.149
202010 0.153 109.861 0.181
202101 0.192 110.364 0.226
202104 0.187 112.673 0.216
202107 0.106 115.183 0.120
202110 0.095 116.696 0.106
202201 0.091 118.619 0.100
202204 0.155 121.978 0.165
202207 0.062 125.002 0.065
202210 0.090 125.734 0.093
202301 0.135 126.223 0.139
202304 0.053 127.992 0.054
202307 0.043 128.974 0.043
202310 0.050 129.810 0.050
202401 0.029 130.124 0.029

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.


City Steel PCL  (BKK:CITY) 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.


City Steel PCL Cyclically Adjusted PS Ratio Related Terms

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


City Steel PCL (BKK:CITY) Business Description

Traded in Other Exchanges
N/A
Address
88/3 Moo 4, Bypass Road, Tumbol Nongmaidaeng, Amphur Muang, Chonburi, THA, 20000
City Steel PCL is principally engaged in manufacturing and sale of metal structures, storage system and material handling equipment, and fabricated metal parts, as well as the provision of one-stop metal processing services and the sale of metals. Geographically, it operates only in Thailand.

City Steel PCL (BKK:CITY) Headlines

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