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Corporacion Aceros Arequipa (LIM:CORAREC1) Cyclically Adjusted PS Ratio : 0.44 (As of Jun. 04, 2024)


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What is Corporacion Aceros Arequipa Cyclically Adjusted PS Ratio?

As of today (2024-06-04), Corporacion Aceros Arequipa's current share price is S/.1.55. Corporacion Aceros Arequipa's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was S/.3.56. Corporacion Aceros Arequipa's Cyclically Adjusted PS Ratio for today is 0.44.

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

LIM:CORAREC1' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.45   Med: 0.56   Max: 0.62
Current: 0.45

During the past years, Corporacion Aceros Arequipa's highest Cyclically Adjusted PS Ratio was 0.62. The lowest was 0.45. And the median was 0.56.

LIM:CORAREC1's Cyclically Adjusted PS Ratio is ranked better than
51.25% of 521 companies
in the Steel industry
Industry Median: 0.48 vs LIM:CORAREC1: 0.45

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.

Corporacion Aceros Arequipa's adjusted revenue per share data for the three months ended in Mar. 2024 was S/.1.049. 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 S/.3.56 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Corporacion Aceros Arequipa Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Corporacion Aceros Arequipa'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.

Corporacion Aceros Arequipa Cyclically Adjusted PS Ratio Chart

Corporacion Aceros Arequipa 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 - - - 0.58 0.49

Corporacion Aceros Arequipa Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 0.58 0.60 0.55 0.49 0.48

Competitive Comparison of Corporacion Aceros Arequipa's Cyclically Adjusted PS Ratio

For the Steel subindustry, Corporacion Aceros Arequipa'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.


Corporacion Aceros Arequipa's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

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

* The bar in red indicates where Corporacion Aceros Arequipa's Cyclically Adjusted PS Ratio falls into.



Corporacion Aceros Arequipa 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.

Corporacion Aceros Arequipa's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.55/3.56
=0.44

* 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.

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

For example, Corporacion Aceros Arequipa'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)
=1.049/131.7762*131.7762
=1.049

Current CPI (Mar. 2024) = 131.7762.

Corporacion Aceros Arequipa Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.541 99.695 0.715
201406 0.500 100.560 0.655
201409 0.509 100.428 0.668
201412 0.549 99.070 0.730
201503 0.524 99.621 0.693
201506 0.477 100.684 0.624
201509 0.561 100.392 0.736
201512 0.494 99.792 0.652
201603 0.469 100.470 0.615
201606 0.440 101.688 0.570
201609 0.478 101.861 0.618
201612 0.459 101.863 0.594
201703 0.501 102.862 0.642
201706 0.501 103.349 0.639
201709 0.590 104.136 0.747
201712 0.594 104.011 0.753
201803 0.626 105.290 0.783
201806 0.603 106.317 0.747
201809 0.630 106.507 0.779
201812 0.722 105.998 0.898
201903 0.703 107.251 0.864
201906 0.719 108.070 0.877
201909 0.750 108.329 0.912
201912 0.707 108.420 0.859
202003 0.587 108.902 0.710
202006 0.212 108.767 0.257
202009 0.841 109.815 1.009
202012 0.987 109.897 1.184
202103 1.045 111.754 1.232
202106 1.111 114.631 1.277
202109 1.303 115.734 1.484
202112 1.336 117.630 1.497
202203 1.220 121.301 1.325
202206 1.270 125.017 1.339
202209 1.238 125.227 1.303
202212 1.232 125.222 1.296
202303 1.131 127.348 1.170
202309 1.067 129.860 1.083
202312 1.041 129.419 1.060
202403 1.049 131.776 1.049

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.


Corporacion Aceros Arequipa  (LIM:CORAREC1) 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.


Corporacion Aceros Arequipa Cyclically Adjusted PS Ratio Related Terms

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Corporacion Aceros Arequipa (LIM:CORAREC1) Business Description

Traded in Other Exchanges
Address
Carretera Panamericana Sur Km. 241, Paracas, Pisco, PER
Corporacion Aceros Arequipa SA is a Peru-based company that manufactures, distributes, and markets iron, steel, and other metal products. Its product portfolio consists of rebar, flat bars, merchant bars, coils, sheets, tubes, and corrugated sheets, among others. The firm's products are used in construction, mining, heavy metalworking industry, and others. Geographically the majority of its revenue comes from Peru.

Corporacion Aceros Arequipa (LIM:CORAREC1) Headlines

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