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CIA de Ferro Ligas da Bahia - Ferbasa (BSP:FESA3) Cyclically Adjusted PS Ratio : 2.18 (As of Jun. 01, 2024)


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What is CIA de Ferro Ligas da Bahia - Ferbasa Cyclically Adjusted PS Ratio?

As of today (2024-06-01), CIA de Ferro Ligas da Bahia - Ferbasa's current share price is R$14.01. CIA de Ferro Ligas da Bahia - Ferbasa's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$6.42. CIA de Ferro Ligas da Bahia - Ferbasa's Cyclically Adjusted PS Ratio for today is 2.18.

The historical rank and industry rank for CIA de Ferro Ligas da Bahia - Ferbasa's Cyclically Adjusted PS Ratio or its related term are showing as below:

BSP:FESA3' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.1   Med: 2.7   Max: 4.01
Current: 2.18

During the past years, CIA de Ferro Ligas da Bahia - Ferbasa's highest Cyclically Adjusted PS Ratio was 4.01. The lowest was 2.10. And the median was 2.70.

BSP:FESA3's Cyclically Adjusted PS Ratio is ranked worse than
87.5% of 520 companies
in the Steel industry
Industry Median: 0.48 vs BSP:FESA3: 2.18

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.

CIA de Ferro Ligas da Bahia - Ferbasa's adjusted revenue per share data for the three months ended in Mar. 2024 was R$1.497. 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 R$6.42 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CIA de Ferro Ligas da Bahia - Ferbasa Cyclically Adjusted PS Ratio Historical Data

The historical data trend for CIA de Ferro Ligas da Bahia - Ferbasa'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.

CIA de Ferro Ligas da Bahia - Ferbasa Cyclically Adjusted PS Ratio Chart

CIA de Ferro Ligas da Bahia - Ferbasa 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 - 2.19 3.30 2.94 2.47

CIA de Ferro Ligas da Bahia - Ferbasa 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 2.41 2.42 2.32 2.47 2.48

Competitive Comparison of CIA de Ferro Ligas da Bahia - Ferbasa's Cyclically Adjusted PS Ratio

For the Steel subindustry, CIA de Ferro Ligas da Bahia - Ferbasa'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.


CIA de Ferro Ligas da Bahia - Ferbasa's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, CIA de Ferro Ligas da Bahia - Ferbasa's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where CIA de Ferro Ligas da Bahia - Ferbasa's Cyclically Adjusted PS Ratio falls into.



CIA de Ferro Ligas da Bahia - Ferbasa 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.

CIA de Ferro Ligas da Bahia - Ferbasa's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14.01/6.42
=2.18

* 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.

CIA de Ferro Ligas da Bahia - Ferbasa's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, CIA de Ferro Ligas da Bahia - Ferbasa'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)
=1.497/159.3724*159.3724
=1.497

Current CPI (Mar. 2024) = 159.3724.

CIA de Ferro Ligas da Bahia - Ferbasa Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.587 91.838 1.019
201409 0.535 92.602 0.921
201412 0.527 94.194 0.892
201503 0.572 97.799 0.932
201506 0.689 100.006 1.098
201509 0.630 101.392 0.990
201512 0.736 104.247 1.125
201603 0.872 106.979 1.299
201606 0.752 108.851 1.101
201609 0.666 109.986 0.965
201612 0.831 110.802 1.195
201703 0.890 111.869 1.268
201706 0.746 112.115 1.060
201709 0.762 112.777 1.077
201712 0.602 114.068 0.841
201803 1.024 114.868 1.421
201806 0.961 117.038 1.309
201809 1.084 117.881 1.466
201812 0.678 118.340 0.913
201903 1.025 120.124 1.360
201906 0.901 120.977 1.187
201909 0.875 121.292 1.150
201912 0.842 123.436 1.087
202003 1.017 124.092 1.306
202006 1.177 123.557 1.518
202009 1.062 125.095 1.353
202012 1.363 129.012 1.684
202103 1.520 131.660 1.840
202106 1.409 133.871 1.677
202109 1.873 137.913 2.164
202112 2.004 141.992 2.249
202203 2.167 146.537 2.357
202206 2.530 149.784 2.692
202209 2.122 147.800 2.288
202212 2.098 150.207 2.226
202303 8.418 153.352 8.748
202306 1.726 154.519 1.780
202309 1.519 155.464 1.557
202312 1.591 157.148 1.614
202403 1.497 159.372 1.497

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.


CIA de Ferro Ligas da Bahia - Ferbasa  (BSP:FESA3) 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.


CIA de Ferro Ligas da Bahia - Ferbasa Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of CIA de Ferro Ligas da Bahia - Ferbasa's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


CIA de Ferro Ligas da Bahia - Ferbasa (BSP:FESA3) Business Description

Traded in Other Exchanges
Address
Estrada de Santiago s/n, Pojuca, BA, BRA, 48120000
CIA de Ferro Ligas da Bahia - Ferbasa produces ferroalloys, including chromium alloys and silicon ferroalloys. It operates in the areas of mining, reforestation, and metallurgy, offering high-carbon ferrochrome, low-carbon ferrochrome, and ferrosilicon. It also engages in the mining, forestry, metallurgy businesses.

CIA de Ferro Ligas da Bahia - Ferbasa (BSP:FESA3) Headlines

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