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United States Steel (United States Steel) Cyclically Adjusted PS Ratio : 0.42 (As of Apr. 27, 2024)


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What is United States Steel Cyclically Adjusted PS Ratio?

As of today (2024-04-27), United States Steel's current share price is $37.42. United States Steel's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $89.80. United States Steel's Cyclically Adjusted PS Ratio for today is 0.42.

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

X' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.2   Max: 0.54
Current: 0.41

During the past years, United States Steel's highest Cyclically Adjusted PS Ratio was 0.54. The lowest was 0.05. And the median was 0.20.

X's Cyclically Adjusted PS Ratio is ranked better than
54.83% of 518 companies
in the Steel industry
Industry Median: 0.47 vs X: 0.41

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.

United States Steel's adjusted revenue per share data for the three months ended in Dec. 2023 was $16.175. 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 $89.80 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


United States Steel Cyclically Adjusted PS Ratio Historical Data

The historical data trend for United States Steel'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.

United States Steel Cyclically Adjusted PS Ratio Chart

United States Steel 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 0.11 0.17 0.24 0.26 0.54

United States Steel 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 0.26 0.28 0.27 0.35 0.54

Competitive Comparison of United States Steel's Cyclically Adjusted PS Ratio

For the Steel subindustry, United States Steel'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.


United States Steel's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

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

* The bar in red indicates where United States Steel's Cyclically Adjusted PS Ratio falls into.



United States Steel 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.

United States Steel's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=37.42/89.8
=0.42

* 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.

United States Steel's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, United States Steel'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)
=16.175/129.4194*129.4194
=16.175

Current CPI (Dec. 2023) = 129.4194.

United States Steel Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 28.492 99.695 36.987
201406 30.369 100.560 39.085
201409 31.559 100.428 40.669
201412 23.481 99.070 30.674
201503 22.452 99.621 29.168
201506 19.868 100.684 25.538
201509 19.341 100.392 24.933
201512 17.574 99.792 22.791
201603 15.990 100.470 20.597
201606 17.628 101.688 22.435
201609 16.611 101.861 21.105
201612 15.310 101.863 19.452
201703 15.639 102.862 19.677
201706 17.861 103.349 22.367
201709 18.404 104.136 22.872
201712 17.693 104.011 22.015
201803 17.662 105.290 21.710
201806 20.173 106.317 24.557
201809 20.818 106.507 25.297
201812 20.778 105.998 25.369
201903 20.046 107.251 24.190
201906 20.549 108.070 24.609
201909 17.968 108.329 21.466
201912 16.609 108.420 19.826
202003 16.143 108.902 19.184
202006 11.926 108.767 14.190
202009 10.617 109.815 12.512
202012 11.615 109.897 13.678
202103 13.986 111.754 16.197
202106 17.549 114.631 19.813
202109 20.747 115.734 23.200
202112 19.763 117.630 21.744
202203 17.847 121.301 19.041
202206 21.941 125.017 22.714
202209 19.541 125.227 20.195
202212 16.485 125.222 17.038
202303 17.363 127.348 17.645
202306 19.705 128.729 19.811
202309 17.509 129.860 17.450
202312 16.175 129.419 16.175

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.


United States Steel  (NYSE:X) 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.


United States Steel Cyclically Adjusted PS Ratio Related Terms

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


United States Steel (United States Steel) Business Description

Address
600 Grant Street, Pittsburgh, PA, USA, 15219-2800
United States Steel Corp operates primarily in the United States but also has a steelmaking capacity in Slovakia. The company's operating segments include North American Flat-Rolled (Flat-Rolled), Mini Mill, U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-Rolled segment includes U. S. Steel's integrated steel plants and equity investees in North America involved in the production of slabs, strip mill plates, sheets, and tin mill products, as well as all iron ore and coke production facilities in the United States. It primarily serves North American customers in the service center, conversion, transportation, construction, container, and appliance, and electrical markets.
Executives
Daniel R Brown officer: SVP Adv. Tech. Steelmaking 600 GRANT STREET, SUITE 1844, C/O UNITED STATES STEEL CORPORATION, PITTSBURGH PA 15219
David B Burritt officer: Exec. VP and CFO 600 GRANT STREET, SUITE 1500, PITTSBURGH PA 15219
Scott D Buckiso officer: VP Euro Solutions & Pres USSK 600 GRANT STREET, PITTSBURGH PA 15219
Kenneth E Jaycox officer: SVP & Chief Comm. Officer 600 GRANT STREET, SUITE 6100, PITTSBURGH PA 15219
James E. Bruno officer: Sr VP, Automotive Solutions 600 GRANT STREET, PITTSBURGH PA 15219
Duane D Holloway officer: SVP, GC, CCO & Corp. Sec C/O UNITED STATES STEEL CORPORATION, 600 GRANT STREET, PITTSBURGH PA 15219
Alicia J. Davis director 21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033
Andrea J. Ayers director STANLEY BLACK & DECKER, IN., 1000 STANLEY DRIVE, NEW BRITAIN CT 06053
Richard Fruehauf officer: Deputy Gen Counsel - Corporate 600 GRANT STREET, PITTSBURGH PA 15219
Jessica Graziano officer: SVP & Chief Financial Officer C/O UNITED RENTALS, INC, 100 FIRST STAMFORD PL, STAMFORD CT 06902
Manpreet Grewal officer: VP, Controller & CAO 600 GRANT STREET, PITTSBURGH PA 15219
Christine S Breves officer: VP & Supply Chain Officer 600 GRANT STREET, SUITE 6100, PITTSBURGH PA 16059
Terry L Dunlap director 1000 SIX PPG PLACE, PITTSBURGH PA 15222
Tracy A Atkinson director MFS INVESTMENT MANAGEMENT, 500 BOYLSTON ST., BOSTON MA 02116
Jeh C. Johnson director 77 BEALE ST., P.O. BOX 770000, SAN FRANCISCO CA 94177