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Misr National Steel (CAI:ATQA) Cyclically Adjusted PS Ratio : 1.36 (As of Jun. 14, 2024)


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What is Misr National Steel Cyclically Adjusted PS Ratio?

As of today (2024-06-14), Misr National Steel's current share price is E£3.01. Misr National Steel's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2023 was E£2.22. Misr National Steel's Cyclically Adjusted PS Ratio for today is 1.36.

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

CAI:ATQA's Cyclically Adjusted PS Ratio is not ranked *
in the Steel industry.
Industry Median: 0.47
* Ranked among companies with meaningful Cyclically Adjusted PS Ratio only.

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.

Misr National Steel's adjusted revenue per share data for the three months ended in Mar. 2023 was E£0.333. 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 E£2.22 for the trailing ten years ended in Mar. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Misr National Steel Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Misr National Steel'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.

Misr National Steel Cyclically Adjusted PS Ratio Chart

Misr National Steel Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.54 -

Misr National Steel Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23
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 0.54 0.49 0.39 - 0.85

Competitive Comparison of Misr National Steel's Cyclically Adjusted PS Ratio

For the Steel subindustry, Misr National Steel'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.


Misr National Steel's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

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

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



Misr National Steel 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.

Misr National Steel's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.01/2.22
=1.36

* 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.

Misr National Steel's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2023 is calculated as:

For example, Misr National Steel's adjusted Revenue per Share data for the three months ended in Mar. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=0.333/127.3478*127.3478
=0.333

Current CPI (Mar. 2023) = 127.3478.

Misr National Steel Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201303 0.246 98.209 0.319
201306 0.315 98.518 0.407
201309 0.353 98.790 0.455
201312 0.348 98.326 0.451
201403 0.355 99.695 0.453
201406 0.292 100.560 0.370
201409 0.353 100.428 0.448
201412 0.294 99.070 0.378
201503 0.333 99.621 0.426
201506 0.304 100.684 0.385
201509 0.347 100.392 0.440
201512 0.203 99.792 0.259
201603 0.203 100.470 0.257
201606 0.202 101.688 0.253
201609 0.336 101.861 0.420
201612 0.523 101.863 0.654
201703 0.742 102.862 0.919
201706 0.707 103.349 0.871
201709 0.734 104.136 0.898
201712 0.840 104.011 1.028
201803 0.842 105.290 1.018
201806 0.968 106.317 1.159
201809 0.625 106.507 0.747
201812 0.743 105.998 0.893
201903 0.424 107.251 0.503
201906 0.513 108.070 0.605
201909 0.267 108.329 0.314
201912 0.658 108.420 0.773
202003 0.633 108.902 0.740
202006 0.165 108.767 0.193
202009 0.255 109.815 0.296
202012 0.527 109.897 0.611
202103 0.641 111.754 0.730
202106 0.459 114.631 0.510
202109 0.322 115.734 0.354
202112 0.550 117.630 0.595
202203 0.730 121.301 0.766
202206 0.390 125.017 0.397
202212 0.000 125.222 0.000
202303 0.333 127.348 0.333

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.


Misr National Steel  (CAI:ATQA) 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.


Misr National Steel Cyclically Adjusted PS Ratio Related Terms

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


Misr National Steel (CAI:ATQA) Business Description

Industry
Traded in Other Exchanges
N/A
Address
34 Damascus Sreet, Syria Street, Mohandessin, Giza, EGY
Misr National Steel operates in steel industry. The company' products are rebars specification, chemical composition and dimensions.

Misr National Steel (CAI:ATQA) Headlines

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