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Tronox Holdings (Tronox Holdings) Cyclically Adjusted PS Ratio : 0.95 (As of Jun. 10, 2024)


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What is Tronox Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Tronox Holdings's current share price is $19.51. Tronox Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $20.59. Tronox Holdings's Cyclically Adjusted PS Ratio for today is 0.95.

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

TROX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.74   Max: 1.88
Current: 0.95

During the past years, Tronox Holdings's highest Cyclically Adjusted PS Ratio was 1.88. The lowest was 0.24. And the median was 0.74.

TROX's Cyclically Adjusted PS Ratio is ranked better than
57.9% of 1209 companies
in the Chemicals industry
Industry Median: 1.21 vs TROX: 0.95

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.

Tronox Holdings's adjusted revenue per share data for the three months ended in Mar. 2024 was $4.920. 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 $20.59 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tronox Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Tronox 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.

Tronox Holdings Cyclically Adjusted PS Ratio Chart

Tronox 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 0.66 0.83 1.27 0.69 0.70

Tronox 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 0.71 0.63 0.66 0.70 0.84

Competitive Comparison of Tronox Holdings's Cyclically Adjusted PS Ratio

For the Chemicals subindustry, Tronox 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.


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

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

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



Tronox 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=19.51/20.59
=0.95

* 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.

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

For example, Tronox 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)
=4.92/131.7762*131.7762
=4.920

Current CPI (Mar. 2024) = 131.7762.

Tronox Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.300 100.560 5.635
201409 3.746 100.428 4.915
201412 3.477 99.070 4.625
201503 3.337 99.621 4.414
201506 5.339 100.684 6.988
201509 4.972 100.392 6.526
201512 -0.579 99.792 -0.765
201603 4.106 100.470 5.385
201606 4.631 101.688 6.001
201609 2.917 101.861 3.774
201612 3.026 101.863 3.915
201703 3.236 102.862 4.146
201706 3.387 103.349 4.319
201709 3.643 104.136 4.610
201712 3.826 104.011 4.847
201803 3.613 105.290 4.522
201806 3.883 106.317 4.813
201809 3.610 106.507 4.466
201812 3.489 105.998 4.338
201903 3.138 107.251 3.856
201906 5.249 108.070 6.400
201909 5.398 108.329 6.566
201912 4.882 108.420 5.934
202003 5.028 108.902 6.084
202006 4.029 108.767 4.881
202009 4.653 109.815 5.584
202012 5.301 109.897 6.356
202103 5.788 111.754 6.825
202106 5.832 114.631 6.704
202109 5.471 115.734 6.229
202112 5.513 117.630 6.176
202203 6.047 121.301 6.569
202206 5.964 125.017 6.286
202209 5.703 125.227 6.001
202212 4.204 125.222 4.424
202303 4.520 127.348 4.677
202306 5.064 128.729 5.184
202309 4.222 129.860 4.284
202312 4.375 129.419 4.455
202403 4.920 131.776 4.920

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.


Tronox Holdings  (NYSE:TROX) 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.


Tronox Holdings Cyclically Adjusted PS Ratio Related Terms

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


Tronox Holdings (Tronox Holdings) Business Description

Traded in Other Exchanges
Address
263 Tresser Boulevard, Suite 1100, Stamford, CT, USA, 06901
Tronox Holdings PLC is a vertically integrated manufacturer of TiO2 pigment. It operates titanium-bearing mineral sand mines and beneficiation and smelting operations in Australia & South Africa to produce feedstock materials that can be processed into TiO2 for pigment, high-purity titanium chemicals, including titanium tetrachloride, and ultrafine TiO2 used in certain specialty applications. TiO2 and titanium feedstock, are used to produce paints and coatings, as well as plastics, paper, and printing ink. It has three pigment production facilities in the United States, the Netherlands, and Western Australia and three mining operations in Western Australia and South Africa. North America, Europe, the Middle East, and Africa, and Asia-Pacific regions contribute the vast majority of revenue.
Executives
Vanessa Ann Guthrie director 263 TRESSER BLVD., SUITE 1100, STAMFORD CT 06901
Stephen J Jones director 7201 HAMILTON BOULEVARD, ALLENTOWN PA 18195-1501
Mutlaq Hamad Al-morished director 263 TRESSER BLVD., SUITE 1100, STAMFORD CT 06901
Moazzam A. Khan director 263 TRESSER BLVD., SUITE 1100, STAMFORD CT 06901
Timothy C Carlson officer: Senior Vice President, CFO 263 TRESSER BOULEVARD, SUITE 1100, STAMFORD CT 06901
Jonathan Flood officer: Principal Accounting Officer 263 TRESSER BLVD., SUITE 1100, STAMFORD CT 06901
Jean Francois Turgeon officer: Executive Vice President 263 TRESSER BOULEVARD, STAMFORD CT 06901
John D Romano officer: SVP, Chief Commercial Officer P. O. BOX 268859, OKLAHOMA CITY OK 73126
Jeffrey N Neuman officer: SVP, General Counsel & Sec. 115 TABOR ROAD, MORRIS PLAINS NJ 07950
John Srivisal officer: SVP, Business Dev. and Finance C/O TRONOX HOLDINGS PLC, 263 TRESSER BOULEVARD, SUITE 1100, STAMFORD CT 06901
Sipho Abednego Nkosi director EXXARO RESOURCES LTD, P.O. BOX 9229, PRETORIA T3 0001
Raoul Charles Mancini officer: SVP, Chief HR Officer 410 PARK AVE.; SUITE 1400, NEW YORK NY 10022
Ilan Kaufthal director 143 E LINDEN AVE, ENGLEWOOD NJ 07631
Wayne A Hinman director TRONOX LIMITED, ONE STAMFORD PLAZA, 263 TRESSER BLVD., SUITE 1100, STAMFORD CT 06901
Jeffry N Quinn director 12935 NORTH FORTY DRIVE, SUITE 201, ST. LOUIS MO 63141

Tronox Holdings (Tronox Holdings) Headlines