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Stepan Co (STU:96S) Cyclically Adjusted PS Ratio : 0.80 (As of May. 26, 2024)


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What is Stepan Co Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Stepan Co's current share price is €78.50. Stepan Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €97.80. Stepan Co's Cyclically Adjusted PS Ratio for today is 0.80.

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

STU:96S' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.48   Med: 0.97   Max: 1.55
Current: 0.82

During the past years, Stepan Co's highest Cyclically Adjusted PS Ratio was 1.55. The lowest was 0.48. And the median was 0.97.

STU:96S's Cyclically Adjusted PS Ratio is ranked better than
64.38% of 1210 companies
in the Chemicals industry
Industry Median: 1.23 vs STU:96S: 0.82

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.

Stepan Co's adjusted revenue per share data for the three months ended in Mar. 2024 was €22.107. 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 €97.80 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Stepan Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Stepan Co'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.

Stepan Co Cyclically Adjusted PS Ratio Chart

Stepan Co 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 1.19 1.36 1.33 1.05 0.90

Stepan Co 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 0.99 0.91 0.71 0.90 0.85

Competitive Comparison of Stepan Co's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Stepan Co'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.


Stepan Co's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

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

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



Stepan Co 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.

Stepan Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=78.50/97.8
=0.80

* 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.

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

For example, Stepan Co'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)
=22.107/131.7762*131.7762
=22.107

Current CPI (Mar. 2024) = 131.7762.

Stepan Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 16.180 100.560 21.203
201409 16.671 100.428 21.875
201412 16.087 99.070 21.398
201503 18.638 99.621 24.654
201506 17.625 100.684 23.068
201509 17.311 100.392 22.723
201512 16.824 99.792 22.216
201603 17.486 100.470 22.935
201606 17.588 101.688 22.792
201609 17.130 101.861 22.161
201612 17.096 101.863 22.116
201703 18.766 102.862 24.041
201706 18.846 103.349 24.030
201709 17.510 104.136 22.158
201712 17.092 104.011 21.655
201803 17.314 105.290 21.670
201806 19.103 106.317 23.678
201809 18.694 106.507 23.129
201812 17.584 105.998 21.860
201903 18.555 107.251 22.798
201906 17.944 108.070 21.880
201909 17.598 108.329 21.407
201912 17.186 108.420 20.888
202003 17.489 108.902 21.163
202006 17.640 108.767 21.372
202009 16.971 109.815 20.365
202012 17.442 109.897 20.915
202103 19.361 111.754 22.830
202106 21.173 114.631 24.340
202109 22.063 115.734 25.121
202112 23.219 117.630 26.011
202203 26.467 121.301 28.753
202206 30.841 125.017 32.509
202209 31.535 125.227 33.184
202212 25.754 125.222 27.102
202303 26.461 127.348 27.381
202306 23.330 128.729 23.882
202309 22.975 129.860 23.314
202312 21.294 129.419 21.682
202403 22.107 131.776 22.107

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.


Stepan Co  (STU:96S) 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.


Stepan Co Cyclically Adjusted PS Ratio Related Terms

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


Stepan Co (STU:96S) Business Description

Industry
Traded in Other Exchanges
Address
1101 Skokie Boulevard, Suite 500, Northbrook, IL, USA, 60062
Stepan Co manufactures and sells a variety of chemicals and chemical-based products. The company organizes itself into three segments based on product type. The surfactants segment, which generates the majority of revenue, sells cleaning agents used in detergents, shampoos, body wash, fabric softeners, toothpastes, and other personal-care products. Surfactants are chemical agents that affect the interaction between two surfaces. The polymers segment sells polyurethane used to manufacture rigid foam for thermal insulation, as well as phthalic anhydride used to make plastic components for the construction, automotive, and boating industries. The specialty products segment sells chemicals used in food and flavoring. Most of Stepan's revenue comes from the United States.

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