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Vallourec (Vallourec) Cyclically Adjusted PS Ratio : 0.11 (As of Apr. 27, 2024)


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What is Vallourec Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Vallourec's current share price is $3.59. Vallourec's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $33.01. Vallourec's Cyclically Adjusted PS Ratio for today is 0.11.

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

VLOWY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.07   Max: 0.27
Current: 0.12

During the past years, Vallourec's highest Cyclically Adjusted PS Ratio was 0.27. The lowest was 0.02. And the median was 0.07.

VLOWY's Cyclically Adjusted PS Ratio is ranked better than
91.12% of 518 companies
in the Steel industry
Industry Median: 0.47 vs VLOWY: 0.12

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.

Vallourec's adjusted revenue per share data for the three months ended in Dec. 2023 was $1.168. 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 $33.01 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vallourec Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Vallourec'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.

Vallourec Cyclically Adjusted PS Ratio Chart

Vallourec 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 0.15 0.04 0.04 0.07 0.10

Vallourec 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 0.07 0.07 0.07 0.07 0.10

Competitive Comparison of Vallourec's Cyclically Adjusted PS Ratio

For the Steel subindustry, Vallourec'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.


Vallourec's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

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

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



Vallourec 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.

Vallourec's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.59/33.01
=0.11

* 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.

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

For example, Vallourec'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)
=1.168/118.2300*118.2300
=1.168

Current CPI (Dec. 2023) = 118.2300.

Vallourec Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 20.853 100.240 24.595
201406 24.476 100.180 28.886
201409 22.993 99.920 27.206
201412 26.458 99.860 31.325
201503 14.927 100.170 17.618
201506 14.337 100.440 16.876
201509 12.273 99.950 14.518
201512 11.663 100.040 13.784
201603 9.287 100.020 10.978
201606 5.344 100.630 6.279
201609 4.850 100.340 5.715
201612 5.446 100.650 6.397
201703 5.508 101.170 6.437
201706 6.069 101.320 7.082
201709 8.002 101.330 9.337
201712 7.638 101.850 8.866
201803 6.908 102.750 7.949
201806 6.457 103.370 7.385
201809 6.734 103.560 7.688
201812 6.992 103.470 7.989
201903 7.110 103.890 8.091
201906 7.398 104.580 8.364
201909 7.051 104.500 7.977
201912 6.737 104.980 7.587
202003 5.692 104.590 6.434
202006 5.724 104.790 6.458
202009 5.378 104.550 6.082
202012 6.094 104.960 6.864
202103 5.041 105.750 5.636
202106 0.886 106.340 0.985
202109 0.841 106.810 0.931
202112 1.051 107.850 1.152
202203 0.881 110.490 0.943
202206 1.057 112.550 1.110
202209 1.109 112.740 1.163
202212 1.409 114.160 1.459
202303 1.235 116.790 1.250
202306 1.249 117.650 1.255
202309 1.033 118.260 1.033
202312 1.168 118.230 1.168

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.


Vallourec  (OTCPK:VLOWY) 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.


Vallourec Cyclically Adjusted PS Ratio Related Terms

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


Vallourec (Vallourec) Business Description

Industry
Traded in Other Exchanges
Address
12 Rue de la Verrerie, Meudon, FRA, 92190
Vallourec SA is engaged in the provision of tubular solutions to the oil and gas industry. Its expertise also extends to the industry sector including mechanicals, automobile, and construction. The company has structured its operations into the following business segments, Seamless Tubes, Specialty Products and and Holding companies and other. The group has a large portfolio of tubular products including a range of seamless tubes, specialty tubes; and connections and accessories. Its primary geographic markets are Europe, North America, South America, Asia, and Rest of the World. Geographically the company receives maximum revenue from North America.

Vallourec (Vallourec) Headlines

From GuruFocus

Tweedy, Browne Comments on Vallourec

By Holly LaFon Holly LaFon 11-29-2012