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Tronox Holdings (FRA:T5X) Cyclically Adjusted PS Ratio : 0.91 (As of May. 19, 2024)


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What is Tronox Holdings Cyclically Adjusted PS Ratio?

As of today (2024-05-19), Tronox Holdings's current share price is €17.50. Tronox Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €19.23. Tronox Holdings's Cyclically Adjusted PS Ratio for today is 0.91.

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

FRA:T5X' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.74   Max: 1.88
Current: 0.94

During the past years, Tronox Holdings's highest Cyclically Adjusted PS Ratio was 1.88. The lowest was 0.24. And the median was 0.74.

FRA:T5X's Cyclically Adjusted PS Ratio is ranked better than
60.02% of 1203 companies
in the Chemicals industry
Industry Median: 1.25 vs FRA:T5X: 0.94

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.

Tronox Holdings's adjusted revenue per share data for the three months ended in Mar. 2024 was €4.526. 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 €19.23 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tronox Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Tronox Holdings'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.

Tronox Holdings Cyclically Adjusted PS Ratio Chart

Tronox Holdings 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 0.66 0.83 1.27 0.69 0.70

Tronox Holdings 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 0.71 0.63 0.66 0.70 0.84

Competitive Comparison of Tronox Holdings's Cyclically Adjusted PS Ratio

For the Chemicals subindustry, Tronox Holdings'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.


Tronox Holdings's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

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

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



Tronox Holdings 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.

Tronox Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.50/19.23
=0.91

* 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.

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

For example, Tronox Holdings'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)
=4.526/131.7762*131.7762
=4.526

Current CPI (Mar. 2024) = 131.7762.

Tronox Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.165 100.560 4.148
201409 2.907 100.428 3.814
201412 2.820 99.070 3.751
201503 3.083 99.621 4.078
201506 4.757 100.684 6.226
201509 4.430 100.392 5.815
201512 -0.532 99.792 -0.703
201603 3.687 100.470 4.836
201606 4.121 101.688 5.340
201609 2.599 101.861 3.362
201612 2.869 101.863 3.712
201703 3.026 102.862 3.877
201706 3.014 103.349 3.843
201709 3.057 104.136 3.868
201712 3.233 104.011 4.096
201803 2.930 105.290 3.667
201806 3.324 106.317 4.120
201809 3.094 106.507 3.828
201812 3.066 105.998 3.812
201903 2.777 107.251 3.412
201906 4.646 108.070 5.665
201909 4.901 108.329 5.962
201912 4.393 108.420 5.339
202003 4.550 108.902 5.506
202006 3.578 108.767 4.335
202009 3.950 109.815 4.740
202012 4.357 109.897 5.224
202103 4.862 111.754 5.733
202106 4.840 114.631 5.564
202109 4.650 115.734 5.295
202112 4.879 117.630 5.466
202203 5.491 121.301 5.965
202206 5.642 125.017 5.947
202209 5.760 125.227 6.061
202212 3.968 125.222 4.176
202303 4.222 127.348 4.369
202306 4.674 128.729 4.785
202309 3.956 129.860 4.014
202312 4.012 129.419 4.085
202403 4.526 131.776 4.526

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.


Tronox Holdings  (FRA:T5X) 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.


Tronox Holdings Cyclically Adjusted PS Ratio Related Terms

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


Tronox Holdings (FRA:T5X) Business Description

Traded in Other Exchanges
Address
263 Tresser Boulevard, Suite 1100, Stamford, CT, USA, 06901
Tronox Holdings PLC is a vertically integrated manufacturer of TiO2 pigment. It operates titanium-bearing mineral sand mines and beneficiation and smelting operations in Australia & South Africa to produce feedstock materials that can be processed into TiO2 for pigment, high-purity titanium chemicals, including titanium tetrachloride, and ultrafine TiO2 used in certain specialty applications. TiO2 and titanium feedstock, are used to produce paints and coatings, as well as plastics, paper, and printing ink. It has three pigment production facilities in the United States, the Netherlands, and Western Australia and three mining operations in Western Australia and South Africa. North America, Europe, the Middle East, and Africa, and Asia-Pacific regions contribute the vast majority of revenue.

Tronox Holdings (FRA:T5X) Headlines

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