GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » BRC Asia Ltd (SGX:BEC) » Definitions » Cyclically Adjusted PS Ratio

BRC Asia (SGX:BEC) Cyclically Adjusted PS Ratio : (As of Jun. 06, 2024)


View and export this data going back to 2000. Start your Free Trial

What is BRC Asia Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


BRC Asia Cyclically Adjusted PS Ratio Historical Data

The historical data trend for BRC Asia'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.

BRC Asia Cyclically Adjusted PS Ratio Chart

BRC Asia Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.47 0.51 0.46 -

BRC Asia Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Sep23 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 0.52 0.46 - - -

Competitive Comparison of BRC Asia's Cyclically Adjusted PS Ratio

For the Steel subindustry, BRC Asia'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.


BRC Asia's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

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

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



BRC Asia 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.

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

For example, BRC Asia'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)
=0/131.7762*131.7762
=0.000

Current CPI (Mar. 2024) = 131.7762.

BRC Asia Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201309 0.584 98.790 0.779
201312 0.557 98.326 0.746
201403 0.549 99.695 0.726
201406 0.544 100.560 0.713
201409 0.435 100.428 0.571
201412 0.516 99.070 0.686
201503 0.575 99.621 0.761
201506 0.489 100.684 0.640
201509 0.371 100.392 0.487
201512 0.478 99.792 0.631
201603 0.426 100.470 0.559
201606 0.470 101.688 0.609
201609 0.484 101.861 0.626
201612 0.429 101.863 0.555
201703 0.369 102.862 0.473
201706 0.376 103.349 0.479
201709 0.490 104.136 0.620
201712 0.537 104.011 0.680
201803 0.509 105.290 0.637
201806 0.632 106.317 0.783
201809 0.908 106.507 1.123
201812 1.020 105.998 1.268
201903 0.990 107.251 1.216
201906 0.899 108.070 1.096
201909 1.005 108.329 1.223
201912 0.972 108.420 1.181
202003 0.993 108.902 1.202
202006 0.157 108.767 0.190
202009 0.502 109.815 0.602
202012 0.915 109.897 1.097
202103 1.161 111.754 1.369
202106 1.398 114.631 1.607
202109 1.379 115.734 1.570
202112 1.303 117.630 1.460
202203 1.589 121.301 1.726
202206 1.878 125.017 1.980
202209 1.424 125.227 1.498
202303 0.000 127.348 0.000
202309 0.000 129.860 0.000
202403 0.000 131.776 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.


BRC Asia  (SGX:BEC) 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.


BRC Asia Cyclically Adjusted PS Ratio Related Terms

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


BRC Asia (SGX:BEC) Business Description

Industry
Traded in Other Exchanges
N/A
Address
350 Jalan Boon Lay, Jurong Industrial Estate, Singapore, SGP, 619530
BRC Asia Ltd is a provider of steel reinforcement solutions. The reportable segments of the company are fabrication and manufacturing; Trading; and others. It generates maximum revenue from the fabrication and manufacturing segment. The fabrication and manufacturing segment is involved in the business of prefabrication of steel reinforcement for use in concrete, trading of steel reinforcing bars, and manufacturing and sale of wire mesh fences. Trading segment is involved in trading of steel and steel related products in both domestic and international market. Others relates to management of airport, hotel and resort and property development. Geographically, it derives a majority of its revenue from Singapore and also has a presence in Malaysia, Thailand, Hong Kong, Australia and others.

BRC Asia (SGX:BEC) Headlines

No Headlines