GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Steel Authority Of India Ltd (LSE:SAUA) » Definitions » Cyclically Adjusted PS Ratio

Steel Authority Of India (LSE:SAUA) Cyclically Adjusted PS Ratio : 0.57 (As of Jun. 06, 2024)


View and export this data going back to 1996. Start your Free Trial

What is Steel Authority Of India Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Steel Authority Of India's current share price is $5.60. Steel Authority Of India's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $9.76. Steel Authority Of India's Cyclically Adjusted PS Ratio for today is 0.57.

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

LSE:SAUA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.39   Max: 0.72
Current: 0.68

During the past years, Steel Authority Of India's highest Cyclically Adjusted PS Ratio was 0.72. The lowest was 0.32. And the median was 0.39.

LSE:SAUA's Cyclically Adjusted PS Ratio is ranked worse than
61.49% of 522 companies
in the Steel industry
Industry Median: 0.48 vs LSE:SAUA: 0.68

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.

Steel Authority Of India's adjusted revenue per share data for the three months ended in Mar. 2024 was $12.194. 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 $9.76 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Steel Authority Of India Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Steel Authority Of India'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.

Steel Authority Of India Cyclically Adjusted PS Ratio Chart

Steel Authority Of India Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.47 0.37 0.57

Steel Authority Of India 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 0.37 0.37 0.41 0.53 0.57

Competitive Comparison of Steel Authority Of India's Cyclically Adjusted PS Ratio

For the Steel subindustry, Steel Authority Of India'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.


Steel Authority Of India's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Steel Authority Of India's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Steel Authority Of India's Cyclically Adjusted PS Ratio falls into.



Steel Authority Of India 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.

Steel Authority Of India's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.60/9.76
=0.57

* 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.

Steel Authority Of India's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Steel Authority Of India'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)
=12.194/153.0345*153.0345
=12.194

Current CPI (Mar. 2024) = 153.0345.

Steel Authority Of India Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200912 7.571 64.648 17.922
201003 11.781 65.030 27.724
201006 7.055 66.560 16.221
201009 8.397 68.473 18.767
201012 8.969 70.768 19.395
201103 9.647 70.768 20.861
201106 8.766 72.298 18.555
201109 8.269 75.359 16.792
201112 7.343 75.359 14.912
201203 9.737 76.889 19.380
201303 0.000 85.687 0.000
201403 0.000 91.425 0.000
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 8.545 111.317 11.747
201809 8.428 115.142 11.202
201812 8.140 115.142 10.819
201903 9.253 118.202 11.980
201906 7.801 120.880 9.876
201909 7.172 123.175 8.911
201912 8.424 126.235 10.212
202003 7.439 124.705 9.129
202006 4.350 127.000 5.242
202009 8.385 130.118 9.862
202012 9.772 130.889 11.425
202103 11.271 131.771 13.090
202106 10.193 134.084 11.634
202109 13.226 135.847 14.899
202112 12.159 138.161 13.468
202203 14.658 138.822 16.159
202206 11.187 142.347 12.027
202209 11.916 144.661 12.606
202212 11.005 145.763 11.554
202303 12.911 146.865 13.453
202306 10.666 150.280 10.861
202309 12.986 151.492 13.118
202312 10.146 152.924 10.153
202403 12.194 153.035 12.194

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.


Steel Authority Of India  (LSE:SAUA) 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.


Steel Authority Of India Cyclically Adjusted PS Ratio Related Terms

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


Steel Authority Of India (LSE:SAUA) Business Description

Traded in Other Exchanges
Address
Lodi Road, Ispat Bhawan, New Delhi, IND, 110003
Steel Authority Of India Ltd is a steelmaker. The company primarily produces flat steel products (including plates, sheets, coils, and galvanized plain), long steel products (rails, structural, wire rods, and merchant products), electric-resistance-welded pipes, and silicon steel sheets. Flat and long products account for the majority of the company's sales. The company runs five integrated steel plants and three alloy steel plants. It generates most of its revenue from the Indian domestic market.

Steel Authority Of India (LSE:SAUA) Headlines

No Headlines