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Kaiser Aluminum (FRA:KLU1) Cyclically Adjusted PS Ratio : 0.73 (As of May. 17, 2024)


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What is Kaiser Aluminum Cyclically Adjusted PS Ratio?

As of today (2024-05-17), Kaiser Aluminum's current share price is €90.50. Kaiser Aluminum's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €123.31. Kaiser Aluminum's Cyclically Adjusted PS Ratio for today is 0.73.

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

FRA:KLU1' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.42   Med: 1.19   Max: 1.61
Current: 0.73

During the past years, Kaiser Aluminum's highest Cyclically Adjusted PS Ratio was 1.61. The lowest was 0.42. And the median was 1.19.

FRA:KLU1's Cyclically Adjusted PS Ratio is ranked better than
66.61% of 587 companies
in the Metals & Mining industry
Industry Median: 1.34 vs FRA:KLU1: 0.73

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.

Kaiser Aluminum's adjusted revenue per share data for the three months ended in Mar. 2024 was €41.805. 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 €123.31 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kaiser Aluminum Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kaiser Aluminum'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.

Kaiser Aluminum Cyclically Adjusted PS Ratio Chart

Kaiser Aluminum 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 1.36 1.19 0.96 0.65 0.54

Kaiser Aluminum 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 0.62 0.57 0.58 0.54 0.66

Competitive Comparison of Kaiser Aluminum's Cyclically Adjusted PS Ratio

For the Aluminum subindustry, Kaiser Aluminum'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.


Kaiser Aluminum's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Kaiser Aluminum's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Kaiser Aluminum 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.

Kaiser Aluminum's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=90.50/123.31
=0.73

* 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.

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

For example, Kaiser Aluminum'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)
=41.805/131.7762*131.7762
=41.805

Current CPI (Mar. 2024) = 131.7762.

Kaiser Aluminum Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 13.721 100.560 17.980
201409 14.125 100.428 18.534
201412 14.741 99.070 19.608
201503 19.802 99.621 26.194
201506 17.985 100.684 23.539
201509 16.494 100.392 21.650
201512 16.829 99.792 22.223
201603 16.934 100.470 22.211
201606 16.382 101.688 21.229
201609 15.717 101.861 20.333
201612 17.798 101.863 23.025
201703 18.872 102.862 24.177
201706 18.435 103.349 23.506
201709 16.272 104.136 20.591
201712 17.606 104.011 22.306
201803 18.476 105.290 23.124
201806 21.034 106.317 26.071
201809 20.073 106.507 24.835
201812 20.314 105.998 25.254
201903 21.363 107.251 26.248
201906 20.452 108.070 24.938
201909 21.111 108.329 25.680
201912 20.602 108.420 25.040
202003 20.878 108.902 25.263
202006 15.514 108.767 18.796
202009 13.684 109.815 16.421
202012 14.027 109.897 16.820
202103 17.024 111.754 20.074
202106 38.840 114.631 44.649
202109 40.248 115.734 45.827
202112 45.023 117.630 50.438
202203 53.717 121.301 58.356
202206 56.775 125.017 59.845
202209 47.189 125.227 49.657
202212 45.977 125.222 48.384
202303 46.862 127.348 48.492
202306 46.721 128.729 47.827
202309 43.132 129.860 43.769
202312 40.867 129.419 41.611
202403 41.805 131.776 41.805

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.


Kaiser Aluminum  (FRA:KLU1) 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.


Kaiser Aluminum Cyclically Adjusted PS Ratio Related Terms

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


Kaiser Aluminum (FRA:KLU1) Business Description

Traded in Other Exchanges
Address
1550 West McEwen Drive, Suite 500, Franklin, TN, USA, 37067
Kaiser Aluminum Corp produces and sells semi-fabricated specialty aluminum products primarily to industrial customers. The company purchases primary and scrap aluminum, primarily from its five largest suppliers, and processes it into specialized value-added products. It hedges its aluminum costs in an attempt to match commodity price changes between the time it purchases the raw materials and sells the finished products. Kaiser produces high-strength aluminum products for the aerospace industry, specialized aluminum extrusions for the automotive industry, and also sells products to customers in the general engineering industry. Nearly all of Kaiser's revenue is generated in the US, with the remainder coming from Canada. The company's operations are also located in the U.S. and Canada.

Kaiser Aluminum (FRA:KLU1) Headlines

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