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BSRM Steels (DHA:BSRMSTEEL) Cyclically Adjusted PS Ratio : 0.30 (As of Jan. 18, 2025)


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What is BSRM Steels Cyclically Adjusted PS Ratio?

As of today (2025-01-18), BSRM Steels's current share price is BDT51.20. BSRM Steels's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was BDT170.97. BSRM Steels's Cyclically Adjusted PS Ratio for today is 0.30.

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

DHA:BSRMSTEEL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.41   Max: 0.49
Current: 0.29

During the past years, BSRM Steels's highest Cyclically Adjusted PS Ratio was 0.49. The lowest was 0.29. And the median was 0.41.

DHA:BSRMSTEEL's Cyclically Adjusted PS Ratio is ranked better than
70.07% of 431 companies
in the Steel industry
Industry Median: 0.51 vs DHA:BSRMSTEEL: 0.29

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.

BSRM Steels's adjusted revenue per share data for the three months ended in Sep. 2024 was BDT40.546. 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 BDT170.97 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


BSRM Steels Cyclically Adjusted PS Ratio Historical Data

The historical data trend for BSRM Steels'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.

BSRM Steels Cyclically Adjusted PS Ratio Chart

BSRM Steels Annual Data
Trend Dec14 Dec15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.47 0.41 0.34

BSRM Steels 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 0.41 0.40 0.35 0.34 0.34

Competitive Comparison of BSRM Steels's Cyclically Adjusted PS Ratio

For the Steel subindustry, BSRM Steels'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.


BSRM Steels's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

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

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



BSRM Steels 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.

BSRM Steels's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=51.20/170.97
=0.30

* 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.

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

For example, BSRM Steels'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)
=40.546/133.0289*133.0289
=40.546

Current CPI (Sep. 2024) = 133.0289.

BSRM Steels Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 23.455 100.428 31.069
201412 25.911 99.070 34.793
201503 26.586 99.621 35.502
201506 22.857 100.684 30.200
201509 16.483 100.392 21.842
201512 32.819 99.792 43.750
201603 27.326 100.470 36.181
201606 26.065 101.688 34.098
201609 18.901 101.861 24.684
201612 21.783 101.863 28.448
201703 29.675 102.862 38.378
201706 26.759 103.349 34.444
201709 25.542 104.136 32.629
201712 31.195 104.011 39.898
201806 0.000 106.317 0.000
201809 37.593 106.507 46.954
201812 38.897 105.998 48.816
201903 45.872 107.251 56.898
201906 40.088 108.070 49.347
201909 22.191 108.329 27.251
201912 32.379 108.420 39.728
202003 33.493 108.902 40.913
202006 15.309 108.767 18.724
202009 24.810 109.815 30.055
202012 39.461 109.897 47.767
202103 44.219 111.754 52.637
202106 37.743 114.631 43.800
202109 35.096 115.734 40.341
202112 41.720 117.630 47.182
202203 57.319 121.301 62.861
202206 44.537 125.017 47.391
202209 44.953 125.227 47.754
202212 53.965 125.222 57.330
202303 73.376 127.348 76.649
202306 52.857 128.729 54.623
202309 39.368 129.860 40.329
202312 57.254 129.419 58.851
202403 73.125 131.776 73.820
202406 50.325 132.554 50.505
202409 40.546 133.029 40.546

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.


BSRM Steels  (DHA:BSRMSTEEL) 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.


BSRM Steels Cyclically Adjusted PS Ratio Related Terms

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


BSRM Steels Business Description

Traded in Other Exchanges
N/A
Address
Sadarghat Road, No. 1207/1099, Ali Mansion, Chattagong, BGD, 4100
BSRM Steels Ltd is a steel manufacturing company. The firm has two reportable segments namely M.S Rod and M.S Billets. The M.S Rod segment produces different graded Rod and sells the same to several dealers, end-users, other corporate users, Government projects, etc. The M.S Billets segment produces different graded Billets and uses them for the production of M.S Rod.

BSRM Steels Headlines

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