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Resonac Holdings (Resonac Holdings) Cyclically Adjusted PS Ratio : 0.50 (As of Jun. 04, 2024)


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What is Resonac Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-04), Resonac Holdings's current share price is $21.515. Resonac Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $43.18. Resonac Holdings's Cyclically Adjusted PS Ratio for today is 0.50.

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

SHWDF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.43   Max: 1.13
Current: 0.5

During the past years, Resonac Holdings's highest Cyclically Adjusted PS Ratio was 1.13. The lowest was 0.23. And the median was 0.43.

SHWDF's Cyclically Adjusted PS Ratio is ranked better than
79.27% of 1211 companies
in the Chemicals industry
Industry Median: 1.23 vs SHWDF: 0.50

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.

Resonac Holdings's adjusted revenue per share data for the three months ended in Mar. 2024 was $11.852. 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 $43.18 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Resonac Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Resonac Holdings'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.

Resonac Holdings Cyclically Adjusted PS Ratio Chart

Resonac Holdings 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 0.50 0.38 0.39 0.30 0.41

Resonac Holdings 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 0.33 0.34 0.37 0.41 0.52

Competitive Comparison of Resonac Holdings's Cyclically Adjusted PS Ratio

For the Chemicals subindustry, Resonac Holdings'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.


Resonac Holdings's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

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

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



Resonac Holdings 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.

Resonac Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=21.515/43.18
=0.50

* 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.

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

For example, Resonac Holdings'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)
=11.852/107.2000*107.2000
=11.852

Current CPI (Mar. 2024) = 107.2000.

Resonac Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 13.339 98.000 14.591
201409 14.489 98.500 15.769
201412 13.511 97.900 14.794
201503 11.234 97.900 12.301
201506 11.534 98.400 12.565
201509 11.487 98.500 12.502
201512 10.455 98.100 11.425
201603 9.671 97.900 10.590
201606 10.811 98.100 11.814
201609 11.401 98.000 12.471
201612 11.296 98.400 12.306
201703 11.384 98.100 12.440
201706 11.956 98.500 13.012
201709 12.137 98.800 13.169
201712 13.455 99.400 14.511
201803 14.139 99.200 15.279
201806 14.752 99.200 15.942
201809 16.161 99.900 17.342
201812 16.086 99.700 17.296
201903 14.478 99.700 15.567
201906 15.273 99.800 16.405
201909 14.029 100.100 15.024
201912 13.250 100.500 14.133
202003 10.934 100.300 11.686
202006 9.869 99.900 10.590
202009 20.083 99.900 21.551
202012 22.304 99.300 24.078
202103 21.421 99.900 22.986
202106 22.018 99.500 23.722
202109 18.218 100.100 19.510
202112 17.850 100.100 19.116
202203 14.344 101.100 15.209
202206 14.346 101.800 15.107
202209 14.571 103.100 15.150
202212 14.670 104.100 15.107
202303 12.347 104.400 12.678
202306 12.389 105.200 12.625
202309 12.178 106.200 12.293
202312 13.288 106.800 13.338
202403 11.852 107.200 11.852

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.


Resonac Holdings  (OTCPK:SHWDF) 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.


Resonac Holdings Cyclically Adjusted PS Ratio Related Terms

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


Resonac Holdings (Resonac Holdings) Business Description

Traded in Other Exchanges
Address
1-13-9 Shibadaimon, Minato-ku, Tokyo, JPN, 105-8518
Resonac Holdings Corp manufactures and sells chemicals, aluminum, and electronics. The firm organizes itself into four segments, which are the Semiconductor and Electronic materials segment, the Mobility segment, the Chemicals segment, and the Innovations Enabling segment. Geographically the company derives sales from Japan, China, Asia excluding Japan and China, and the rest of the world. The majority of sales are derived from Japan.