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Russel Metals (Russel Metals) Cyclically Adjusted PS Ratio : 0.55 (As of Apr. 27, 2024)


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What is Russel Metals Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Russel Metals's current share price is $28.79. Russel Metals's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $52.03. Russel Metals's Cyclically Adjusted PS Ratio for today is 0.55.

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

RUSMF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.52   Max: 0.74
Current: 0.58

During the past years, Russel Metals's highest Cyclically Adjusted PS Ratio was 0.74. The lowest was 0.23. And the median was 0.52.

RUSMF's Cyclically Adjusted PS Ratio is ranked worse than
55.65% of 124 companies
in the Industrial Distribution industry
Industry Median: 0.55 vs RUSMF: 0.58

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.

Russel Metals's adjusted revenue per share data for the three months ended in Dec. 2023 was $12.512. 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 $52.03 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Russel Metals Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Russel Metals'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.

Russel Metals Cyclically Adjusted PS Ratio Chart

Russel Metals 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 0.41 0.42 0.57 0.44 0.66

Russel Metals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.44 0.52 0.54 0.56 0.66

Competitive Comparison of Russel Metals's Cyclically Adjusted PS Ratio

For the Industrial Distribution subindustry, Russel Metals'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.


Russel Metals's Cyclically Adjusted PS Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Russel Metals's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Russel Metals 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.

Russel Metals's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=28.79/52.03
=0.55

* 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.

Russel Metals's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Russel Metals's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=12.512/125.4675*125.4675
=12.512

Current CPI (Dec. 2023) = 125.4675.

Russel Metals Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 12.240 98.604 15.575
201406 12.087 99.473 15.246
201409 13.732 99.394 17.334
201412 12.877 98.367 16.425
201503 11.606 99.789 14.593
201506 9.978 100.500 12.457
201509 9.445 100.421 11.801
201512 7.954 99.947 9.985
201603 8.113 101.054 10.073
201606 7.830 102.002 9.631
201609 7.894 101.765 9.733
201612 7.783 101.449 9.626
201703 9.696 102.634 11.853
201706 9.913 103.029 12.072
201709 11.174 103.345 13.566
201712 10.454 103.345 12.692
201803 11.575 105.004 13.831
201806 11.979 105.557 14.239
201809 14.048 105.636 16.685
201812 13.368 105.399 15.913
201903 12.415 106.979 14.561
201906 11.338 107.690 13.210
201909 10.559 107.611 12.311
201912 10.225 107.769 11.904
202003 9.386 107.927 10.911
202006 6.978 108.401 8.077
202009 7.474 108.164 8.670
202012 8.415 108.559 9.726
202103 11.266 110.298 12.815
202106 13.960 111.720 15.678
202109 13.928 112.905 15.478
202112 14.185 113.774 15.643
202203 16.727 117.646 17.839
202206 16.839 120.806 17.489
202209 15.102 120.648 15.705
202212 12.972 120.964 13.455
202303 13.921 122.702 14.235
202306 14.430 124.203 14.577
202309 13.392 125.230 13.417
202312 12.512 125.468 12.512

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.


Russel Metals  (OTCPK:RUSMF) 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.


Russel Metals Cyclically Adjusted PS Ratio Related Terms

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


Russel Metals (Russel Metals) Business Description

Traded in Other Exchanges
Address
6600 Financial Drive, Mississauga, ON, CAN, L5N 7J6
Russel Metals Inc is a Canada-based metal distribution company. The company conducts business primarily through three metals distribution segments: metals service centers; energy products; and steel distributors. The metal service centers provide processing and distribution services to a broad base of end-users. The energy products segment distributes oil country tubular goods, line pipe, tubes, valves, and fittings, primarily to the energy industry in Western Canada and the U.S. The steel distributors segment acts as master distributors selling steel in large volumes to other steel service centers and equipment manufacturers mainly on an "as is" basis. The company generates all of its revenue from the North American market.