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AGC (ASGLF) Cyclically Adjusted PS Ratio : 0.73 (As of May. 01, 2024)


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What is AGC Cyclically Adjusted PS Ratio?

As of today (2024-05-01), AGC's current share price is $36.60. AGC's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $50.39. AGC's Cyclically Adjusted PS Ratio for today is 0.73.

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

ASGLF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.72   Max: 0.97
Current: 0.78

During the past years, AGC's highest Cyclically Adjusted PS Ratio was 0.97. The lowest was 0.40. And the median was 0.72.

ASGLF's Cyclically Adjusted PS Ratio is ranked better than
65.28% of 1198 companies
in the Chemicals industry
Industry Median: 1.21 vs ASGLF: 0.78

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.

AGC's adjusted revenue per share data for the three months ended in Dec. 2023 was $17.355. 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 $50.39 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


AGC Cyclically Adjusted PS Ratio Historical Data

The historical data trend for AGC'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.

AGC Cyclically Adjusted PS Ratio Chart

AGC 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 0.67 0.61 0.88 0.64 0.71

AGC 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 0.64 0.71 0.73 0.72 0.71

Competitive Comparison of AGC's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, AGC'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.


AGC's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

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

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



AGC 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=36.60/50.39
=0.73

* 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.

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

For example, AGC'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)
=17.355/106.8000*106.8000
=17.355

Current CPI (Dec. 2023) = 106.8000.

AGC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 13.341 95.700 14.888
201406 13.989 98.000 15.245
201409 13.492 98.500 14.629
201412 11.143 97.900 12.156
201503 11.653 97.900 12.712
201506 11.597 98.400 12.587
201509 11.916 98.500 12.920
201512 11.922 98.100 12.979
201603 11.747 97.900 12.815
201606 12.959 98.100 14.108
201609 13.320 98.000 14.516
201612 12.715 98.400 13.800
201703 12.824 98.100 13.961
201706 13.888 98.500 15.058
201709 14.659 98.800 15.846
201712 15.473 99.400 16.625
201803 15.465 99.200 16.650
201806 14.935 99.200 16.079
201809 15.083 99.900 16.125
201812 15.890 99.700 17.022
201903 14.641 99.700 15.684
201906 15.652 99.800 16.750
201909 16.234 100.100 17.321
201912 16.260 100.500 17.279
202003 14.942 100.300 15.910
202006 12.477 99.900 13.339
202009 15.269 99.900 16.324
202012 17.323 99.300 18.631
202103 16.291 99.900 17.416
202106 17.064 99.500 18.316
202109 17.240 100.100 18.394
202112 18.331 100.100 19.558
202203 17.931 101.100 18.942
202206 16.982 101.800 17.816
202209 16.389 103.100 16.977
202212 17.957 104.100 18.423
202303 16.524 104.400 16.904
202306 16.116 105.200 16.361
202309 15.803 106.200 15.892
202312 17.355 106.800 17.355

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.


AGC  (OTCPK:ASGLF) 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.


AGC Cyclically Adjusted PS Ratio Related Terms

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


AGC (ASGLF) Business Description

Industry
Traded in Other Exchanges
Address
1-5-1, Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-8405
AGC Inc produces and sells glass and glass-related products in two segments based on product type: Automotive glass and Float glass. The Automotive glass segment, which generates the majority of revenue, is the largest automotive glass supplier in India. The Float glass segment manufactures and sells glass products to the architectural, interior design, and construction industries. The segment also produces solar glass, which is used for solar power generation. Nearly all of the company's revenue comes from India.

AGC (ASGLF) Headlines

From GuruFocus

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