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Nucor (BSP:N1UE34) Cyclically Adjusted PS Ratio : 1.73 (As of May. 01, 2024)


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What is Nucor Cyclically Adjusted PS Ratio?

As of today (2024-05-01), Nucor's current share price is R$73.50. Nucor's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$42.60. Nucor's Cyclically Adjusted PS Ratio for today is 1.73.

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

BSP:N1UE34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.46   Med: 0.92   Max: 2.02
Current: 1.66

During the past years, Nucor's highest Cyclically Adjusted PS Ratio was 2.02. The lowest was 0.46. And the median was 0.92.

BSP:N1UE34's Cyclically Adjusted PS Ratio is ranked worse than
83.01% of 518 companies
in the Steel industry
Industry Median: 0.475 vs BSP:N1UE34: 1.66

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.

Nucor's adjusted revenue per share data for the three months ended in Mar. 2024 was R$13.868. 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$42.60 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nucor Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Nucor'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.

Nucor Cyclically Adjusted PS Ratio Chart

Nucor 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 0.84 0.78 1.46 1.45 1.74

Nucor 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 1.64 1.69 1.57 1.74 1.95

Competitive Comparison of Nucor's Cyclically Adjusted PS Ratio

For the Steel subindustry, Nucor'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.


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

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

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



Nucor 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=73.50/42.6
=1.73

* 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.

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

For example, Nucor'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)
=13.868/129.4194*129.4194
=13.868

Current CPI (Mar. 2024) = 129.4194.

Nucor Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.081 100.560 3.965
201409 3.468 100.428 4.469
201412 3.438 99.070 4.491
201503 3.594 99.621 4.669
201506 3.523 100.684 4.528
201509 4.283 100.392 5.521
201512 3.487 99.792 4.522
201603 3.586 100.470 4.619
201606 3.790 101.688 4.824
201609 3.634 101.861 4.617
201612 3.452 101.863 4.386
201703 3.908 102.862 4.917
201706 4.424 103.349 5.540
201709 4.208 104.136 5.230
201712 4.370 104.011 5.438
201803 4.748 105.290 5.836
201806 6.357 106.317 7.738
201809 7.287 106.507 8.855
201812 6.566 105.998 8.017
201903 6.352 107.251 7.665
201906 6.192 108.070 7.415
201909 6.151 108.329 7.349
201912 5.775 108.420 6.894
202003 7.560 108.902 8.984
202006 6.176 108.767 7.349
202009 7.308 109.815 8.613
202012 7.423 109.897 8.742
202103 10.893 111.754 12.615
202106 12.379 114.631 13.976
202109 15.583 115.734 17.426
202112 17.272 117.630 19.003
202203 15.993 121.301 17.063
202206 18.813 125.017 19.476
202209 17.680 125.227 18.272
202212 14.839 125.222 15.336
202303 14.861 127.348 15.103
202306 15.375 128.729 15.457
202309 14.510 129.860 14.461
202312 12.679 129.419 12.679
202403 13.868 129.419 13.868

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.


Nucor  (BSP:N1UE34) 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.


Nucor Cyclically Adjusted PS Ratio Related Terms

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


Nucor (BSP:N1UE34) Business Description

Industry
Address
1915 Rexford Road, Charlotte, NC, USA, 28211
Nucor Corp manufactures steel and steel products. The company also produces direct reduced iron for use in its steel mills. The operations include international trading and sales companies that buy and sell steel and steel products manufactured by the company and others. The operating business segments are: steel mills, steel products, and raw materials, the steel mills segment derives maximum revenue. The steel mills segment includes carbon and alloy steel in sheet, bars, structural and plate; steel trading businesses; rebar distribution businesses; and Nucor's equity method investments in NuMit and NJSM.

Nucor (BSP:N1UE34) Headlines

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