GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Mechel PAO (MIC:MTLR) » Definitions » Cyclically Adjusted PS Ratio

Mechel PAO (MIC:MTLR) Cyclically Adjusted PS Ratio : (As of Jun. 12, 2024)


View and export this data going back to 2008. Start your Free Trial

What is Mechel PAO Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Mechel PAO Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mechel PAO'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.

Mechel PAO Cyclically Adjusted PS Ratio Chart

Mechel PAO Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.08 0.07 0.09 0.14

Mechel PAO Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Jun23
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 0.08 0.17 0.14 - -

Competitive Comparison of Mechel PAO's Cyclically Adjusted PS Ratio

For the Steel subindustry, Mechel PAO'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.


Mechel PAO's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

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

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



Mechel PAO 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.

Mechel PAO's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2023 is calculated as:

For example, Mechel PAO's adjusted Revenue per Share data for the three months ended in Jun. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=0/238.3000*238.3000
=0.000

Current CPI (Jun. 2023) = 238.3000.

Mechel PAO Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201209 175.246 115.700 360.943
201212 168.252 117.300 341.811
201303 185.301 119.500 369.517
201306 179.431 121.400 352.211
201309 157.052 122.800 304.768
201312 150.154 124.900 286.483
201403 145.699 127.800 271.675
201406 132.902 130.900 241.945
201409 197.849 132.700 355.293
201412 109.687 139.000 188.046
201503 153.972 149.400 245.593
201506 159.127 150.900 251.292
201509 153.037 153.500 237.581
201512 141.980 157.000 215.502
201603 149.499 160.200 222.382
201606 163.271 162.200 239.873
201609 158.918 163.300 231.905
201612 191.363 165.400 275.706
201703 185.970 167.000 265.369
201706 172.892 169.200 243.500
201709 176.359 168.200 249.859
201712 183.332 169.600 257.594
201803 149.846 171.000 208.820
201806 164.528 173.100 226.499
201809 192.098 173.900 263.237
201812 160.453 176.800 216.267
201903 149.854 179.900 198.500
201906 147.340 181.200 193.770
201909 143.450 180.800 189.072
201912 134.291 182.200 175.640
202003 134.685 184.500 173.959
202006 129.275 187.000 164.739
202009 131.631 187.400 167.383
202012 141.705 191.100 176.705
202103 155.600 195.200 189.956
202106 222.741 199.100 266.596
202109 210.568 201.300 249.272
202112 233.767 207.200 268.855
202206 0.000 230.800 0.000
202306 0.000 238.300 0.000

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.


Mechel PAO  (MIC:MTLR) 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.


Mechel PAO Cyclically Adjusted PS Ratio Related Terms

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


Mechel PAO (MIC:MTLR) Business Description

Industry
Traded in Other Exchanges
Address
Krasnoarmeyskaya Street 1, Moscow, RUS, 125167
Mechel PAO is a vertically integrated group operating into three industrial segments Mining, Steel and Power. The mining segment produces metallurgical coal (coking coal, PCI and anthracite), steam coal, iron ore and iron ore concentrate, coke and chemical products. The segment consists of its coal, iron ore and coke production facilities in Russia. The steel segment produces and sells semi-finished steel products, long products of a wide range of steel grades, carbon and stainless flat steel products and high value-added metal products, including wire products, stampings and forgings, structural shapes, beams and rails. The power segment sells electricity and capacity to the wholesale market. The majority of the revenue is derived from the Steel segment.

Mechel PAO (MIC:MTLR) Headlines

No Headlines