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Ryerson Holding (Ryerson Holding) Cyclically Adjusted PS Ratio : 0.17 (As of May. 21, 2024)


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What is Ryerson Holding Cyclically Adjusted PS Ratio?

As of today (2024-05-21), Ryerson Holding's current share price is $23.55. Ryerson Holding's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $139.76. Ryerson Holding's Cyclically Adjusted PS Ratio for today is 0.17.

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

RYI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.14   Max: 0.32
Current: 0.16

During the past years, Ryerson Holding's highest Cyclically Adjusted PS Ratio was 0.32. The lowest was 0.03. And the median was 0.14.

RYI's Cyclically Adjusted PS Ratio is ranked better than
95.36% of 2196 companies
in the Industrial Products industry
Industry Median: 1.43 vs RYI: 0.16

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.

Ryerson Holding's adjusted revenue per share data for the three months ended in Mar. 2024 was $36.422. 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 $139.76 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ryerson Holding Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ryerson Holding'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.

Ryerson Holding Cyclically Adjusted PS Ratio Chart

Ryerson Holding 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 0.10 0.11 0.21 0.23 0.25

Ryerson Holding 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 0.27 0.32 0.21 0.25 0.24

Competitive Comparison of Ryerson Holding's Cyclically Adjusted PS Ratio

For the Metal Fabrication subindustry, Ryerson Holding'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.


Ryerson Holding's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

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

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



Ryerson Holding 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.

Ryerson Holding's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=23.55/139.76
=0.17

* 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.

Ryerson Holding's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Ryerson Holding'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)
=36.422/131.7762*131.7762
=36.422

Current CPI (Mar. 2024) = 131.7762.

Ryerson Holding Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 29.075 100.560 38.101
201409 34.477 100.428 45.239
201412 27.045 99.070 35.974
201503 27.093 99.621 35.838
201506 26.231 100.684 34.331
201509 24.630 100.392 32.330
201512 20.835 99.792 27.513
201603 21.888 100.470 28.708
201606 22.949 101.688 29.739
201609 20.439 101.861 26.442
201612 18.291 101.863 23.662
201703 21.845 102.862 27.986
201706 23.474 103.349 29.931
201709 23.172 104.136 29.323
201712 21.729 104.011 27.529
201803 25.075 105.290 31.383
201806 28.095 106.317 34.823
201809 33.166 106.507 41.035
201812 30.699 105.998 38.165
201903 32.526 107.251 39.964
201906 31.776 108.070 38.747
201909 29.089 108.329 35.385
201912 25.223 108.420 30.657
202003 26.430 108.902 31.982
202006 20.268 108.767 24.556
202009 21.814 109.815 26.176
202012 22.378 109.897 26.833
202103 29.692 111.754 35.012
202106 36.638 114.631 42.118
202109 40.293 115.734 45.878
202112 39.160 117.630 43.870
202203 44.585 121.301 48.435
202206 45.258 125.017 47.705
202209 40.864 125.227 43.001
202212 34.230 125.222 36.022
202303 37.753 127.348 39.066
202306 37.895 128.729 38.792
202309 35.727 129.860 36.254
202312 32.060 129.419 32.644
202403 36.422 131.776 36.422

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.


Ryerson Holding  (NYSE:RYI) 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.


Ryerson Holding Cyclically Adjusted PS Ratio Related Terms

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


Ryerson Holding (Ryerson Holding) Business Description

Traded in Other Exchanges
Address
227 West Monroe Street, 27th Floor, Chicago, IL, USA, 60606
Ryerson Holding Corp provides a metals service center, and value-added processor and is a distributor of industrial metals with operations in the United States, Canada and Mexico. In addition to its North American operations, it conducts processing and distribution operations in China. Its customers range from local, independently owned fabricators and machine shops to large, international original equipment manufacturers. It carries a full line of products in stainless steel, aluminium, carbon steel, and alloy steels and a limited line of nickel and red metals in various shapes and forms. The company generates substantially all of its revenue from sales of metal products. Geographically, the majority is from the United States.
Executives
Alagu Sundarrajan officer: Chief Information Officer 227 W. MONROE ST., 27TH FLOOR, CHICAGO IL 60606
Edward J. Lehner director, officer: President & CEO C/O RYERSON HOLDING CORPORATION, 227 W. MONROE ST., 27TH FLOOR, CHICAGO IL 60606
Mark S. Silver officer: EVP, GC & Chief HR Officer C/O RYERSON HOLDING CORPORATION, 227 W MONROE ST, 27TH FLOOR, CHICAGO IL 60606
Molly D Kannan officer: CAO & Corporate Controller 227 W MONROE ST 27TH FLOOR, CHICAGO IL 60606
Kirk K Calhoun director 8285 EL RIO STREET, SUITE 130, HOUSTON TX 77054
Carruthers Court D director C/O RYERSON HOLDING CORPORATION, 227 W. MONROE ST., 27TH FLOOR, CHICAGO IL 60606
Stephen P. Larson director C/O RYERSON HOLDING CORPORATION, 227 WEST MONROE, 27TH FLOOR, CHICAGO IL 60606
Platinum Equity Llc 10 percent owner 360 NORTH CRESCENT DRIVE, BEVERLY HILLS CA 90210
James J Claussen officer: Executive Vice President & CFO 227 W. MONROE ST., 27TH FLOOR, CHICAGO IL 60606
John E Orth officer: EVP, Operations 227 W. MONROE ST., 27TH FLOOR, CHICAGO IL 60606
Michael Burbach officer: Chief Operating Officer C/O RYERSON HOLDING CORPORATION, 227 W. MONROE ST., 27TH FLOOR, CHICAGO IL 60606
Tom Gores 10 percent owner C/O PLATINUM EQUITY, 360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210
Ryps, Llc 10 percent owner 360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210
Platinum Equity Partners Ii, Llc 10 percent owner C/O PLATINUM EQUITY, 360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210
Platinum Equity Investment Holdings Ii, Llc 10 percent owner C/O PLATINUM EQUITY, 360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210