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Metalurgica Gerdau (BSP:GOAU3) Cyclically Adjusted PS Ratio : 0.14 (As of Jan. 18, 2025)


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What is Metalurgica Gerdau Cyclically Adjusted PS Ratio?

As of today (2025-01-18), Metalurgica Gerdau's current share price is R$9.77. Metalurgica Gerdau's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was R$70.18. Metalurgica Gerdau's Cyclically Adjusted PS Ratio for today is 0.14.

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

BSP:GOAU3' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.14   Max: 0.19
Current: 0.14

During the past years, Metalurgica Gerdau's highest Cyclically Adjusted PS Ratio was 0.19. The lowest was 0.05. And the median was 0.14.

BSP:GOAU3's Cyclically Adjusted PS Ratio is ranked better than
86.31% of 431 companies
in the Steel industry
Industry Median: 0.51 vs BSP:GOAU3: 0.14

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.

Metalurgica Gerdau's adjusted revenue per share data for the three months ended in Sep. 2024 was R$16.842. 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 R$70.18 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Metalurgica Gerdau Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Metalurgica Gerdau'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.

Metalurgica Gerdau Cyclically Adjusted PS Ratio Chart

Metalurgica Gerdau 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 0.11 0.13 0.13 0.15 0.15

Metalurgica Gerdau Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.15 0.15 0.15 0.15 0.15

Competitive Comparison of Metalurgica Gerdau's Cyclically Adjusted PS Ratio

For the Steel subindustry, Metalurgica Gerdau'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.


Metalurgica Gerdau's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

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

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



Metalurgica Gerdau 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.

Metalurgica Gerdau's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.77/70.18
=0.14

* 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.

Metalurgica Gerdau's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Metalurgica Gerdau's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=16.842/162.3424*162.3424
=16.842

Current CPI (Sep. 2024) = 162.3424.

Metalurgica Gerdau Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 27.098 94.194 46.703
201503 26.108 97.799 43.338
201506 6.349 100.006 10.306
201509 13.248 101.392 21.212
201512 11.608 104.247 18.077
201603 11.203 106.979 17.001
201606 11.385 108.851 16.980
201609 9.144 109.986 13.497
201612 9.060 110.802 13.274
201703 7.989 111.869 11.593
201706 8.625 112.115 12.489
201709 9.712 112.777 13.980
201712 10.060 114.068 14.317
201803 9.896 114.868 13.986
201806 11.249 117.038 15.603
201809 13.143 117.881 18.100
201812 8.128 118.340 11.150
201903 9.373 120.124 12.667
201906 9.490 120.977 12.735
201909 9.469 121.292 12.674
201912 8.866 123.436 11.660
202003 8.536 124.092 11.167
202006 8.090 123.557 10.629
202009 11.306 125.095 14.672
202012 12.600 129.012 15.855
202103 15.119 131.660 18.642
202106 17.697 133.871 21.461
202109 19.879 137.913 23.400
202112 19.408 141.992 22.190
202203 33.854 146.537 37.505
202206 12.771 149.784 13.842
202209 19.623 147.800 21.554
202212 17.332 150.207 18.732
202303 17.748 153.352 18.788
202306 10.443 154.519 10.972
202309 16.523 155.464 17.254
202312 14.249 157.148 14.720
202403 15.697 159.372 15.990
202406 16.090 161.052 16.219
202409 16.842 162.342 16.842

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.


Metalurgica Gerdau  (BSP:GOAU3) 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.


Metalurgica Gerdau Cyclically Adjusted PS Ratio Related Terms

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


Metalurgica Gerdau Business Description

Traded in Other Exchanges
Address
Avenida Farrapos, 1811, Porto Alegre, RS, BRA, 90220005
Metalurgica Gerdau SA produces steel and steel products used in construction, industrial, agricultural and automotive sectors. Its products include steel columns, nails, transfer bars for the construction sector; billet, electrodes, mechanical construction wire rods for the industrial sector; staples, steel posts, tribars, galvanized wires for agricultural sector; mechanical construction ingots, mechanical construction wires, and various other products for the automotive sector. Its revenue is generated by sales of long steel to nonresidential construction and infrastructure sector in North America.

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