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Kaiser Aluminum (Kaiser Aluminum) Cyclically Adjusted PS Ratio : 0.72 (As of Apr. 29, 2024)


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What is Kaiser Aluminum Cyclically Adjusted PS Ratio?

As of today (2024-04-29), Kaiser Aluminum's current share price is $95.15. Kaiser Aluminum's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $132.86. Kaiser Aluminum's Cyclically Adjusted PS Ratio for today is 0.72.

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

KALU' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.42   Med: 1.19   Max: 1.61
Current: 0.71

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.

KALU's Cyclically Adjusted PS Ratio is ranked better than
67.18% of 585 companies
in the Metals & Mining industry
Industry Median: 1.35 vs KALU: 0.71

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 $45.441. 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 $132.86 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 0.67

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
=95.15/132.86
=0.72

* 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.

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)
=45.441/129.4194*129.4194
=45.441

Current CPI (Mar. 2024) = 129.4194.

Kaiser Aluminum Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 18.642 100.560 23.992
201409 18.202 100.428 23.457
201412 18.176 99.070 23.744
201503 21.431 99.621 27.841
201506 20.185 100.684 25.946
201509 18.512 100.392 23.865
201512 18.332 99.792 23.775
201603 18.857 100.470 24.290
201606 18.407 101.688 23.427
201609 17.640 101.861 22.412
201612 18.775 101.863 23.854
201703 20.184 102.862 25.395
201706 20.714 103.349 25.939
201709 19.394 104.136 24.103
201712 20.836 104.011 25.926
201803 22.782 105.290 28.003
201806 24.573 106.317 29.913
201809 23.423 106.507 28.462
201812 23.110 105.998 28.216
201903 24.139 107.251 29.129
201906 23.110 108.070 27.676
201909 23.250 108.329 27.776
201912 22.891 108.420 27.325
202003 23.070 108.902 27.417
202006 17.470 108.767 20.787
202009 16.117 109.815 18.994
202012 17.064 109.897 20.095
202103 20.266 111.754 23.469
202106 46.795 114.631 52.832
202109 47.350 115.734 52.949
202112 50.874 117.630 55.973
202203 59.159 121.301 63.118
202206 60.016 125.017 62.130
202209 46.722 125.227 48.286
202212 48.704 125.222 50.337
202303 50.174 127.348 50.990
202306 50.619 128.729 50.891
202309 46.032 129.860 45.876
202312 44.566 129.419 44.566
202403 45.441 129.419 45.441

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  (NAS:KALU) 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 (Kaiser Aluminum) 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.
Executives
Ray Parkinson officer: VP - Advanced Engineering 27422 PORTOLA PARKWAY, SUITE 200, FOOTHILL RANCH CA 92610-2831
Teresa Mosley Sebastian director 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Vijai Narayan officer: VP and CAO 1550 WEST MCEWEN DRIVE, SUITE 500, FRANKLIN TN 37067
Kevin W Williams director 27422 PORTOLA PARKWAY, SUITE 200, FOOTHILL RANCH CA 92610
Michael C Arnold director C/O RYERSON HOLDING CORPORATION, 227 W. MONROE ST., 27TH FLOOR, CHICAGO IL 60606
Donald J Stebbins director C/O WABCO HOLDINGS INC., ONE CENTENNIAL AVENUE, PISCATAWAY NJ 08855
Richard P. Grimley director 1550 WEST MCEWEN DRIVE, SUITE 500, FRANKLIN TN 37067
Brant Weaver officer: VP - Strategic Development 27422 PORTOLA PARKWAY, SUITE 200, FOOTHILL RANCH CA 92610
Del L Miller officer: VP - Metal Strategy 27422 PORTOLA PARKWAY, STE. 200, FOOTHILL RANCH CA 92610-2831
Jennifer Huey officer: VP & Chief Accounting Officer 27422 PORTOLA PARKWAY, SUITE 200, FOOTHILL RANCH CA 92610
Blain Tiffany officer: EVP - Sales & Marketing 3400 N. WOLF ROAD, FRANKLIN PARK IL 60131
Neal E West officer: VP & Chief Accounting Officer 7565 IRVINE CENTER DRIVE, IRVINE CA 92618
Jack A Hockema director, officer: President and CEO C/O KAISER ALUMINUM CORP, 27422 PORTOLA PARKWAY, SUITE 350, FOOTHILL RANCH CA 92610-2831
Leo Wilfred Gerard director 27422 PORTOLA PARKWAY, SUITE 200, FOOTHILL RANCH CA 92610
Keith Harvey officer: SVP - Sales & Marketing 27422 PORTOLA PARKWAY, SUITE 200, FOOTHILL RANCH CA 92610-2831