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IRC (FRA:2I8) Cyclically Adjusted PS Ratio : (As of Jun. 01, 2025)


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What is IRC Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


IRC Cyclically Adjusted PS Ratio Historical Data

The historical data trend for IRC'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.

IRC Cyclically Adjusted PS Ratio Chart

IRC Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.98 0.60 0.50 0.41

IRC Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.60 - 0.50 - 0.41

Competitive Comparison of IRC's Cyclically Adjusted PS Ratio

For the Steel subindustry, IRC'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.


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

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

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


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IRC 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.

IRC's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec24 is calculated as:

For example, IRC's adjusted Revenue per Share data for the fiscal year that ended in Dec24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=0.025/118.9447*118.9447
=0.025

Current CPI (Dec24) = 118.9447.

IRC Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201512 0.014 102.015 0.016
201612 0.003 103.225 0.003
201712 0.013 104.984 0.015
201812 0.019 107.622 0.021
201912 0.022 110.700 0.024
202012 0.026 109.711 0.028
202112 0.046 112.349 0.049
202212 0.035 114.548 0.036
202312 0.027 117.296 0.027
202412 0.025 118.945 0.025

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.


IRC  (FRA:2I8) 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.


IRC Cyclically Adjusted PS Ratio Related Terms

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


IRC Business Description

Industry
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Address
6H, 9 Queen’s Road Central, Central District Hong Kong Special Administrative Region, of the People’s Republic of China, Hong Kong, HKG
IRC Ltd is engaged in the production and development of industrial commodities products including iron ore concentrate. The main activities of the Group are carried out in Russia and the Group predominantly serves the Russian and Chinese markets. Its segments include Mines in production comprising an iron ore project in production phase. This segment includes the K&S Project which is located in the Russia Far East Region; Mines in development comprising iron ore projects in the exploration and development phase. This segment includes the Garinskoye project and the Bolshoi Seym project which are all located in the Russia Far East region; Engineering comprising in-house engineering and scientific expertise related to JSC Giproruda, which is located in Russia; and Other.

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