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Imerys (XPAR:NK) Cyclically Adjusted PS Ratio : 0.60 (As of May. 26, 2024)


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What is Imerys Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Imerys's current share price is €34.56. Imerys's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €57.37. Imerys's Cyclically Adjusted PS Ratio for today is 0.60.

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

XPAR:NK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.68   Max: 1.3
Current: 0.6

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.

XPAR:NK's Cyclically Adjusted PS Ratio is ranked better than
65.41% of 318 companies
in the Building Materials industry
Industry Median: 0.985 vs XPAR:NK: 0.60

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 €10.593. 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 €57.37 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
=34.56/57.37
=0.60

* 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)
=10.593/118.3900*118.3900
=10.593

Current CPI (Dec. 2023) = 118.3900.

Imerys Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 11.861 100.240 14.009
201406 12.041 100.180 14.230
201409 12.467 99.920 14.771
201412 11.974 99.860 14.196
201503 12.320 100.170 14.561
201506 13.550 100.440 15.972
201509 12.946 99.950 15.334
201512 12.608 100.040 14.921
201603 13.084 100.020 15.487
201606 13.223 100.630 15.557
201609 12.979 100.340 15.314
201612 13.091 100.650 15.398
201703 13.975 101.170 16.354
201706 12.005 101.320 14.028
201709 12.919 101.330 15.094
201712 14.334 101.850 16.662
201803 14.290 102.750 16.465
201806 14.894 103.370 17.058
201809 14.554 103.560 16.638
201812 14.209 103.470 16.258
201903 14.186 103.890 16.166
201906 14.403 104.580 16.305
201909 13.758 104.500 15.587
201912 12.785 104.980 14.418
202003 12.145 104.590 13.747
202006 10.289 104.790 11.624
202009 10.760 104.550 12.184
202012 12.819 104.960 14.459
202103 12.499 105.750 13.993
202106 12.973 106.340 14.443
202109 10.924 106.810 12.108
202112 10.968 107.850 12.040
202203 11.975 110.490 12.831
202206 13.324 112.550 14.015
202209 13.228 112.740 13.891
202212 12.133 114.160 12.583
202303 11.817 116.790 11.979
202306 11.497 117.650 11.569
202309 10.877 118.260 10.889
202312 10.593 118.390 10.593

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  (XPAR:NK) 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 (XPAR:NK) Business Description

Industry
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 (XPAR:NK) Headlines

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