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General Steel Holdings (General Steel Holdings) Cyclically Adjusted PS Ratio : (As of Jun. 23, 2024)


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What is General Steel Holdings Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


General Steel Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for General Steel 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.

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General Steel Holdings Cyclically Adjusted PS Ratio Chart

General Steel Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted PS Ratio
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General Steel Holdings Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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Competitive Comparison of General Steel Holdings's Cyclically Adjusted PS Ratio

For the Steel subindustry, General Steel 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.


General Steel Holdings's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

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

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



General Steel 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.

General Steel Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2019 is calculated as:

For example, General Steel Holdings's adjusted Revenue per Share data for the three months ended in Jun. 2019 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2019 (Change)*Current CPI (Jun. 2019)
=0.004/107.7000*107.7000
=0.004

Current CPI (Jun. 2019) = 107.7000.

General Steel Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200909 52.978 84.369 67.628
200912 49.756 85.386 62.759
201003 43.851 86.316 54.715
201006 48.137 85.886 60.363
201009 42.666 87.267 52.656
201012 42.686 89.289 51.487
201103 64.776 91.154 76.534
201106 97.729 91.612 114.891
201109 90.470 92.711 105.097
201112 71.671 92.885 83.102
201203 58.361 94.367 66.607
201206 71.159 93.495 81.970
201209 65.310 94.482 74.447
201212 66.213 95.237 74.878
201303 59.419 96.372 66.403
201306 59.444 95.984 66.700
201309 55.322 97.332 61.215
201312 49.367 97.624 54.462
201403 53.230 98.600 58.143
201406 52.652 98.200 57.746
201409 -0.024 98.900 -0.026
201412 205.043 99.000 223.062
201503 0.000 99.900 0.000
201506 0.000 99.500 0.000
201509 0.000 100.500 0.000
201512 0.000 100.600 0.000
201603 0.000 102.200 0.000
201606 0.000 101.400 0.000
201609 0.000 102.400 0.000
201612 0.000 102.600 0.000
201703 0.000 103.200 0.000
201706 0.000 103.100 0.000
201709 0.000 104.100 0.000
201712 0.000 104.500 0.000
201803 0.000 105.300 0.000
201806 0.000 104.900 0.000
201809 0.000 106.600 0.000
201812 0.000 106.500 0.000
201903 0.000 107.700 0.000
201906 0.004 107.700 0.004

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.


General Steel Holdings  (OTCPK:GSIH) 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.


General Steel Holdings Cyclically Adjusted PS Ratio Related Terms

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General Steel Holdings (General Steel Holdings) Business Description

Traded in Other Exchanges
N/A
Address
Phoenix Place, Shuguangxili, Suite 106, Tower H,, Chaoyang District, Beijing, CHN, 100028
General Steel Holdings Inc is a manufacturer of steel products. The company through its subsidiary is operating steel companies serving various industries in the People's Republic of China. Its product includes steel rebar, hot-rolled carbon and silicon sheets and spiral-weld pipes.
Executives
Wenbing Wang director 21ST FLOOR, BUILDING B, JIA MING CENTER, NO. 27 DONG SAN HUAN NORTH ROAD, CHAOYANG DISTRICT, BEIJING F4 100020

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