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BlueScope Steel (BlueScope Steel) Cyclically Adjusted PS Ratio : 0.85 (As of May. 02, 2024)


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What is BlueScope Steel Cyclically Adjusted PS Ratio?

As of today (2024-05-02), BlueScope Steel's current share price is $73.96. BlueScope Steel's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun23 was $87.37. BlueScope Steel's Cyclically Adjusted PS Ratio for today is 0.85.

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

BLSFY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.54   Max: 1.28
Current: 0.86

During the past 13 years, BlueScope Steel's highest Cyclically Adjusted PS Ratio was 1.28. The lowest was 0.07. And the median was 0.54.

BLSFY's Cyclically Adjusted PS Ratio is ranked worse than
69.31% of 518 companies
in the Steel industry
Industry Median: 0.47 vs BLSFY: 0.86

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.

BlueScope Steel's adjusted revenue per share data of for the fiscal year that ended in Jun23 was $130.411. 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 $87.37 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


BlueScope Steel Cyclically Adjusted PS Ratio Historical Data

The historical data trend for BlueScope 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.

BlueScope Steel Cyclically Adjusted PS Ratio Chart

BlueScope Steel Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 0.59 1.10 0.70 0.78

BlueScope Steel Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - 0.70 - 0.78 -

Competitive Comparison of BlueScope Steel's Cyclically Adjusted PS Ratio

For the Steel subindustry, BlueScope 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.


BlueScope Steel's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

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

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



BlueScope 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=73.96/87.37
=0.85

* 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.

BlueScope Steel's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun23 is calculated as:

For example, BlueScope Steel's adjusted Revenue per Share data for the fiscal year that ended in Jun23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=130.411/124.1700*124.1700
=130.411

Current CPI (Jun23) = 124.1700.

BlueScope Steel Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201406 66.885 98.352 84.443
201506 56.919 99.838 70.791
201606 57.768 100.859 71.120
201706 68.268 102.809 82.452
201806 75.759 104.945 89.637
201906 80.345 106.617 93.573
202006 76.143 106.246 88.989
202106 96.841 110.332 108.987
202206 134.663 117.112 142.779
202306 130.411 124.170 130.411

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.


BlueScope Steel  (OTCPK:BLSFY) 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.


BlueScope Steel Cyclically Adjusted PS Ratio Related Terms

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


BlueScope Steel (BlueScope Steel) Business Description

Traded in Other Exchanges
Address
181 William Street, Level 24, Melbourne, VIC, AUS, 3000
BlueScope is an Australian-based steelmaking firm with five business units. The Australian Steel Products segment mainly specializes in branded coated and painted flat steel products, sold domestically. North Star is the group's U.S. mini-mill specializing in the production of hot rolled coil for U.S. construction and automotive sectors. Building Products Asia and North America operate across Southeast Asia, China, India, and the U.S. West Coast involved in metal-coating, painting, and roll-forming. New Zealand Steel and the Pacific Islands business produces flat and long steel products for New Zealand and building components for the Pacific Islands. The Buildings North America segment specializes in non-residential buildings, including materials manufacturing and support services.

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