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Kronos Worldwide (Kronos Worldwide) Cyclically Adjusted PS Ratio : 0.68 (As of Apr. 30, 2024)


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What is Kronos Worldwide Cyclically Adjusted PS Ratio?

As of today (2024-04-30), Kronos Worldwide's current share price is $11.49. Kronos Worldwide's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $17.02. Kronos Worldwide's Cyclically Adjusted PS Ratio for today is 0.68.

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

KRO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.86   Max: 1.93
Current: 0.68

During the past years, Kronos Worldwide's highest Cyclically Adjusted PS Ratio was 1.93. The lowest was 0.28. And the median was 0.86.

KRO's Cyclically Adjusted PS Ratio is ranked better than
68.73% of 1193 companies
in the Chemicals industry
Industry Median: 1.2 vs KRO: 0.68

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.

Kronos Worldwide's adjusted revenue per share data for the three months ended in Dec. 2023 was $3.476. 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 $17.02 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kronos Worldwide Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kronos Worldwide'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.

Kronos Worldwide Cyclically Adjusted PS Ratio Chart

Kronos Worldwide 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 0.85 0.95 0.91 0.55 0.58

Kronos Worldwide Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.55 0.54 0.51 0.45 0.58

Competitive Comparison of Kronos Worldwide's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Kronos Worldwide'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.


Kronos Worldwide's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

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

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



Kronos Worldwide 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.

Kronos Worldwide's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.49/17.02
=0.68

* 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.

Kronos Worldwide's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Kronos Worldwide's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=3.476/129.4194*129.4194
=3.476

Current CPI (Dec. 2023) = 129.4194.

Kronos Worldwide Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.625 99.695 4.706
201406 3.827 100.560 4.925
201409 3.579 100.428 4.612
201412 3.223 99.070 4.210
201503 3.150 99.621 4.092
201506 3.108 100.684 3.995
201509 2.903 100.392 3.742
201512 2.476 99.792 3.211
201603 2.747 100.470 3.539
201606 3.072 101.688 3.910
201609 3.072 101.861 3.903
201612 2.879 101.863 3.658
201703 3.191 102.862 4.015
201706 3.808 103.349 4.769
201709 4.008 104.136 4.981
201712 3.911 104.011 4.866
201803 3.714 105.290 4.565
201806 4.071 106.317 4.956
201809 3.540 106.507 4.302
201812 3.015 105.998 3.681
201903 3.766 107.251 4.544
201906 4.180 108.070 5.006
201909 3.780 108.329 4.516
201912 3.218 108.420 3.841
202003 3.642 108.902 4.328
202006 3.342 108.767 3.977
202009 3.610 109.815 4.254
202012 3.589 109.897 4.227
202103 4.026 111.754 4.662
202106 4.144 114.631 4.679
202109 4.327 115.734 4.839
202112 4.294 117.630 4.724
202203 4.874 121.301 5.200
202206 4.894 125.017 5.066
202209 3.979 125.227 4.112
202212 2.965 125.222 3.064
202303 3.697 127.348 3.757
202306 3.851 128.729 3.872
202309 3.451 129.860 3.439
202312 3.476 129.419 3.476

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.


Kronos Worldwide  (NYSE:KRO) 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.


Kronos Worldwide Cyclically Adjusted PS Ratio Related Terms

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


Kronos Worldwide (Kronos Worldwide) Business Description

Traded in Other Exchanges
Address
5430 LBJ Freeway, Suite 1700, Dallas, TX, USA, 75240-2620
Kronos Worldwide Inc manufactures and sells titanium dioxide pigments. Titanium dioxide is a white inorganic pigment used in a variety of products. The majority of Kronos' sales come from titanium dioxide used for coatings on automobiles, aircraft, machines, appliances, traffic paint, and in both commercial and residential interiors and exteriors. The second- largest product category is titanium dioxide used for plastics such as packaging materials and food packaging, houseware, appliances, toys, and computer cases. The majority of revenue comes from the United States.
Executives
Kevin B Kramer director C/O STONERIGDGE INC., 9400 E. MARKET ST, WARREN OH 44484
Andrew B Nace officer: Executive Vice President 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Miller William Earl Jr. officer: VP, Global Human Resources 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Dennis Werner officer: President, EMEAA 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Amy A. Samford officer: Executive Vice President 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Rainer Gruber officer: EX VP, Chief Manu/Tech Officer 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Gouveia Randall Colin director 2225 W. CHANDLER BLVD.,, CHANDLER AZ 85224
Alexis A Thomason officer: VP and General Counsel 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Bart W Reichert officer: Vice President, Internal Audit 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Bryan A. Hanley officer: Vice President and Treasurer 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Loretta J. Feehan director 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
John E Harper director 2300 WEST PLANO PARKWAY, PLANO TX 75075
Thomas P Stafford director C/O WACKENHUT CORP, 4200 WACKENHUT DRIVE #100, PALM BEACH GARDENS FL 33410-4243
Meredith W. Mendes director 2901 BUTTERFIELD ROAD, OAK BROOK IL 60523
Kristin B Mccoy officer: Vice President, Tax 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240

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