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Grupo SimecB de CV (FRA:GSM) Cyclically Adjusted PS Ratio : 1.72 (As of Jun. 12, 2024)


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What is Grupo SimecB de CV Cyclically Adjusted PS Ratio?

As of today (2024-06-12), Grupo SimecB de CV's current share price is €26.60. Grupo SimecB de CV's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €15.43. Grupo SimecB de CV's Cyclically Adjusted PS Ratio for today is 1.72.

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

FRA:GSM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.55   Med: 0.95   Max: 2.72
Current: 1.97

During the past years, Grupo SimecB de CV's highest Cyclically Adjusted PS Ratio was 2.72. The lowest was 0.55. And the median was 0.95.

FRA:GSM's Cyclically Adjusted PS Ratio is ranked worse than
86.23% of 523 companies
in the Steel industry
Industry Median: 0.47 vs FRA:GSM: 1.97

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.

Grupo SimecB de CV's adjusted revenue per share data for the three months ended in Mar. 2024 was €2.638. 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 €15.43 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Grupo SimecB de CV Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Grupo SimecB de CV'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.

Grupo SimecB de CV Cyclically Adjusted PS Ratio Chart

Grupo SimecB de CV 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 0.91 1.11 2.30 2.54 1.94

Grupo SimecB de CV 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 2.46 2.15 2.29 1.94 1.94

Competitive Comparison of Grupo SimecB de CV's Cyclically Adjusted PS Ratio

For the Steel subindustry, Grupo SimecB de CV'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.


Grupo SimecB de CV's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

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

* The bar in red indicates where Grupo SimecB de CV's Cyclically Adjusted PS Ratio falls into.



Grupo SimecB de CV 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.

Grupo SimecB de CV's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=26.60/15.43
=1.72

* 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.

Grupo SimecB de CV's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Grupo SimecB de CV'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)
=2.638/152.9470*152.9470
=2.638

Current CPI (Mar. 2024) = 152.9470.

Grupo SimecB de CV Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.280 96.609 3.610
201409 2.472 97.652 3.872
201412 2.212 99.469 3.401
201503 2.529 99.973 3.869
201506 2.164 99.382 3.330
201509 2.045 100.112 3.124
201512 1.622 101.588 2.442
201603 1.962 102.573 2.926
201606 2.045 101.905 3.069
201609 1.855 103.084 2.752
201612 2.218 105.002 3.231
201703 2.375 108.063 3.361
201706 2.119 108.339 2.992
201709 1.897 109.628 2.647
201712 1.779 112.114 2.427
201803 2.135 113.505 2.877
201806 2.383 113.373 3.215
201809 2.718 115.130 3.611
201812 2.532 117.530 3.295
201903 2.599 118.050 3.367
201906 2.513 117.848 3.261
201909 2.305 118.581 2.973
201912 2.257 120.854 2.856
202003 2.109 121.885 2.646
202006 1.766 121.777 2.218
202009 2.239 123.341 2.776
202012 2.711 124.661 3.326
202103 3.306 127.574 3.964
202106 3.836 128.936 4.550
202109 3.521 130.742 4.119
202112 3.605 133.830 4.120
202203 4.131 137.082 4.609
202206 4.406 139.233 4.840
202209 4.069 142.116 4.379
202212 3.190 144.291 3.381
202303 3.996 146.472 4.173
202306 3.281 146.272 3.431
202309 3.066 148.446 3.159
202312 2.868 151.017 2.905
202403 2.638 152.947 2.638

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.


Grupo SimecB de CV  (FRA:GSM) 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.


Grupo SimecB de CV Cyclically Adjusted PS Ratio Related Terms

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


Grupo SimecB de CV (FRA:GSM) Business Description

Traded in Other Exchanges
Address
Calzada Lazaro Cardenas 601, Colonia La Nogalera, Guadalajara, JAL, MEX, 44440
Grupo Simec SAB de CV is a diversified manufacturer, processor, and distributor of special bar quality, or SBQ, steel, and structural steel products. The United States, Brazil, and Mexico are the biggest markets for the company. The company's SBQ products are used across a broad range of engineered end-user applications, including axles, hubs, and crankshafts for automobiles and light trucks, machine tools, and off-highway equipment. The company's structural steel products are mainly used in the non-residential construction market and other construction applications.