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Mechel PAO (Mechel PAO) Cyclically Adjusted PS Ratio : (As of May. 29, 2024)


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What is Mechel PAO Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mechel PAO Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mechel PAO'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.

Mechel PAO Cyclically Adjusted PS Ratio Chart

Mechel PAO Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.08 0.07 0.09 0.14

Mechel PAO Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Jun23
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 0.08 0.17 0.14 - -

Competitive Comparison of Mechel PAO's Cyclically Adjusted PS Ratio

For the Steel subindustry, Mechel PAO'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.


Mechel PAO's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

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

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



Mechel PAO 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.

Mechel PAO's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2023 is calculated as:

For example, Mechel PAO's adjusted Revenue per Share data for the three months ended in Jun. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=0/238.3000*238.3000
=0.000

Current CPI (Jun. 2023) = 238.3000.

Mechel PAO Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201209 2.836 115.700 5.841
201212 2.764 117.300 5.615
201303 2.984 119.500 5.951
201306 2.736 121.400 5.371
201309 2.428 122.800 4.712
201312 2.297 124.900 4.383
201403 2.049 127.800 3.821
201406 1.970 130.900 3.586
201409 2.516 132.700 4.518
201412 0.970 139.000 1.663
201503 1.338 149.400 2.134
201506 1.430 150.900 2.258
201509 1.164 153.500 1.807
201512 0.969 157.000 1.471
201603 1.104 160.200 1.642
201606 1.279 162.200 1.879
201609 1.260 163.300 1.839
201612 1.586 165.400 2.285
201703 1.661 167.000 2.370
201706 1.455 169.200 2.049
201709 1.523 168.200 2.158
201712 1.592 169.600 2.237
201803 1.309 171.000 1.824
201806 1.309 173.100 1.802
201809 1.466 173.900 2.009
201812 1.154 176.800 1.555
201903 1.154 179.900 1.529
201906 1.168 181.200 1.536
201909 1.137 180.800 1.499
201912 1.083 182.200 1.416
202003 0.846 184.500 1.093
202006 0.924 187.000 1.177
202009 0.833 187.400 1.059
202012 0.951 191.100 1.186
202103 1.025 195.200 1.251
202106 1.515 199.100 1.813
202109 1.441 201.300 1.706
202112 1.581 207.200 1.818
202206 0.000 230.800 0.000
202306 0.000 238.300 0.000

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.


Mechel PAO  (NYSE:MTLp) 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.


Mechel PAO Cyclically Adjusted PS Ratio Related Terms

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


Mechel PAO (Mechel PAO) Business Description

Industry
Traded in Other Exchanges
Address
Krasnoarmeyskaya Street 1, Moscow, RUS, 125167
Mechel PAO is a vertically integrated group operating into three industrial segments Mining, Steel and Power. The mining segment produces metallurgical coal (coking coal, PCI and anthracite), steam coal, iron ore and iron ore concentrate, coke and chemical products. The segment consists of its coal, iron ore and coke production facilities in Russia. The steel segment produces and sells semi-finished steel products, long products of a wide range of steel grades, carbon and stainless flat steel products and high value-added metal products, including wire products, stampings and forgings, structural shapes, beams and rails. The power segment sells electricity and capacity to the wholesale market. The majority of the revenue is derived from the Steel segment.

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