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Hyundai Steel Co (XKRX:004020) Cyclically Adjusted PS Ratio : 0.18 (As of May. 24, 2024)


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What is Hyundai Steel Co Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Hyundai Steel Co's current share price is ₩31450.00. Hyundai Steel Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₩176,669.00. Hyundai Steel Co's Cyclically Adjusted PS Ratio for today is 0.18.

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

XKRX:004020' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.25   Max: 0.42
Current: 0.18

During the past years, Hyundai Steel Co's highest Cyclically Adjusted PS Ratio was 0.42. The lowest was 0.09. And the median was 0.25.

XKRX:004020's Cyclically Adjusted PS Ratio is ranked better than
84.17% of 518 companies
in the Steel industry
Industry Median: 0.485 vs XKRX:004020: 0.18

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.

Hyundai Steel Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ₩45,263.673. 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 ₩176,669.00 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hyundai Steel Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Hyundai Steel 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.

Hyundai Steel Co Cyclically Adjusted PS Ratio Chart

Hyundai Steel 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 0.20 0.25 0.25 0.18 0.21

Hyundai Steel 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 0.20 0.19 0.21 0.21 0.18

Competitive Comparison of Hyundai Steel Co's Cyclically Adjusted PS Ratio

For the Steel subindustry, Hyundai Steel 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.


Hyundai Steel Co's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

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

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



Hyundai Steel 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=31450.00/176669
=0.18

* 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.

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

For example, Hyundai Steel 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)
=45263.673/118.8477*118.8477
=45,263.673

Current CPI (Mar. 2024) = 118.8477.

Hyundai Steel Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 37,794.258 99.353 45,210.116
201409 34,596.779 99.608 41,279.291
201412 36,663.066 99.098 43,969.818
201503 32,361.933 99.720 38,569.407
201506 34,498.497 100.050 40,980.180
201509 31,360.699 100.110 37,230.516
201512 33,015.138 100.220 39,151.599
201603 28,600.341 100.560 33,801.559
201606 32,278.527 100.790 38,061.600
201609 31,030.647 101.460 36,348.522
201612 35,531.104 101.560 41,579.263
201703 34,840.062 102.850 40,259.224
201706 35,740.888 102.610 41,396.768
201709 36,728.182 103.490 42,178.568
201712 38,695.041 102.990 44,653.040
201803 36,470.843 104.100 41,637.616
201806 41,486.424 104.130 47,350.102
201809 39,853.267 105.650 44,831.700
201812 40,461.844 104.350 46,083.345
201903 38,627.319 104.490 43,934.999
201906 42,397.913 104.880 48,044.379
201909 38,451.116 105.200 43,439.417
201912 36,329.247 105.120 41,073.511
202003 35,565.909 105.540 40,050.469
202006 31,432.246 104.870 35,621.723
202009 33,894.114 106.200 37,930.673
202012 36,377.930 105.765 40,877.577
202103 37,447.775 107.357 41,455.831
202106 42,732.358 107.579 47,208.668
202109 44,548.531 108.759 48,680.851
202112 48,961.492 109.676 53,055.723
202203 53,054.877 111.806 56,396.449
202206 56,114.359 114.083 58,458.089
202209 53,205.984 114.831 55,066.945
202212 45,470.928 115.200 46,910.641
202303 48,569.684 116.550 49,527.371
202306 54,264.795 117.140 55,055.930
202309 47,764.252 119.111 47,658.587
202312 46,405.633 118.848 46,405.633
202403 45,263.673 118.848 45,263.673

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.


Hyundai Steel Co  (XKRX:004020) 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.


Hyundai Steel Co Cyclically Adjusted PS Ratio Related Terms

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Hyundai Steel Co (XKRX:004020) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1 Sohnghyun-Dong Dong-Gu, Incheon, KOR, 401-712
Hyundai Steel Company is a Korea-based company engaged in the manufacture of steel products. The company's products include hot-rolled steel plates, cold-rolled steel plates, medium steel plates, steel tubes, steel bars, H bars, special steel rods and other steel products. The company's products are used in shipbuilding, automotive production, construction, bridges, engineering, home appliances, oil pipes, container manufacturing, machineries and other industries. The company is also engaged in the manufacture of track chain, which is a major part of heavy-duty machineries. The company generates most of its revenue from Korean domestic market and exports its products to overseas market in the meanwhile.

Hyundai Steel Co (XKRX:004020) Headlines

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