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Imerys (Imerys) Cyclically Adjusted PS Ratio : 0.52 (As of May. 24, 2024)


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What is Imerys Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Imerys's current share price is $6.32. Imerys's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $12.09. Imerys's Cyclically Adjusted PS Ratio for today is 0.52.

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

IMYSY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.68   Max: 1.3
Current: 0.62

During the past years, Imerys's highest Cyclically Adjusted PS Ratio was 1.30. The lowest was 0.40. And the median was 0.68.

IMYSY's Cyclically Adjusted PS Ratio is ranked better than
65.09% of 318 companies
in the Building Materials industry
Industry Median: 0.98 vs IMYSY: 0.62

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.

Imerys's adjusted revenue per share data for the three months ended in Dec. 2023 was $2.310. 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 $12.09 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Imerys Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Imerys'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.

Imerys Cyclically Adjusted PS Ratio Chart

Imerys 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 0.69 0.72 0.67 0.64 0.50

Imerys 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 0.69 0.62 0.49 0.50

Competitive Comparison of Imerys's Cyclically Adjusted PS Ratio

For the Building Materials subindustry, Imerys'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.


Imerys's Cyclically Adjusted PS Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Imerys's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Imerys 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.32/12.09
=0.52

* 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.

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

For example, Imerys'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)
=2.31/118.3900*118.3900
=2.310

Current CPI (Dec. 2023) = 118.3900.

Imerys Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.281 100.240 3.875
201406 3.272 100.180 3.867
201409 3.213 99.920 3.807
201412 2.953 99.860 3.501
201503 2.667 100.170 3.152
201506 3.042 100.440 3.586
201509 2.906 99.950 3.442
201512 2.747 100.040 3.251
201603 2.914 100.020 3.449
201606 2.972 100.630 3.497
201609 2.913 100.340 3.437
201612 2.762 100.650 3.249
201703 2.989 101.170 3.498
201706 2.698 101.320 3.153
201709 3.080 101.330 3.599
201712 3.393 101.850 3.944
201803 3.524 102.750 4.060
201806 3.480 103.370 3.986
201809 3.396 103.560 3.882
201812 3.233 103.470 3.699
201903 3.206 103.890 3.653
201906 3.255 104.580 3.685
201909 3.030 104.500 3.433
201912 2.841 104.980 3.204
202003 2.684 104.590 3.038
202006 2.317 104.790 2.618
202009 2.535 104.550 2.871
202012 3.119 104.960 3.518
202103 2.976 105.750 3.332
202106 3.126 106.340 3.480
202109 2.570 106.810 2.849
202112 2.479 107.850 2.721
202203 2.638 110.490 2.827
202206 2.817 112.550 2.963
202209 2.619 112.740 2.750
202212 2.570 114.160 2.665
202303 2.530 116.790 2.565
202306 2.491 117.650 2.507
202309 2.322 118.260 2.325
202312 2.310 118.390 2.310

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.


Imerys  (GREY:IMYSY) 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.


Imerys Cyclically Adjusted PS Ratio Related Terms

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


Imerys (Imerys) Business Description

Traded in Other Exchanges
Address
43 quai de Grenelle, Paris, FRA, 75015
Imerys manufactures and sells mineral-based specialty applications for multiple industries, including construction, renovation, iron and steel, and automotive. The company is organized into two segments. The Performance Minerals segment comprise three geographic business areas - Europe, Middle East and Africa, Americas and the Asia Pacific. It mainly serves the plastics, rubber, paints & coatings, filtration, renewable energy and paper & board markets. The High-Temperature Materials & Solutions segment regroups two business areas High Temperature Solutions, and Refractory, Abrasives & Construction serving the iron and steel, thermal, refractory, foundry, abrasives and building & infrastructure markets.

Imerys (Imerys) Headlines