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Evraz Highveld Steel and Vanadium (Evraz Highveld Steel and Vanadium) Cyclically Adjusted PS Ratio : (As of Jun. 08, 2024)


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What is Evraz Highveld Steel and Vanadium Cyclically Adjusted PS Ratio?

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Evraz Highveld Steel and Vanadium Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Evraz Highveld Steel and Vanadium'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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Evraz Highveld Steel and Vanadium Cyclically Adjusted PS Ratio Chart

Evraz Highveld Steel and Vanadium Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Cyclically Adjusted PS Ratio
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Evraz Highveld Steel and Vanadium Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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Competitive Comparison of Evraz Highveld Steel and Vanadium's Cyclically Adjusted PS Ratio

For the Steel subindustry, Evraz Highveld Steel and Vanadium'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.


Evraz Highveld Steel and Vanadium's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

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

* The bar in red indicates where Evraz Highveld Steel and Vanadium's Cyclically Adjusted PS Ratio falls into.



Evraz Highveld Steel and Vanadium 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.

Evraz Highveld Steel and Vanadium's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2014 is calculated as:

For example, Evraz Highveld Steel and Vanadium's adjusted Revenue per Share data for the three months ended in Sep. 2014 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2014 (Change)*Current CPI (Sep. 2014)
=1.14/96.7935*96.7935
=1.140

Current CPI (Sep. 2014) = 96.7935.

Evraz Highveld Steel and Vanadium Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200412 2.180 56.265 3.750
200503 3.378 56.808 5.756
200506 2.993 56.725 5.107
200509 2.502 57.289 4.227
200512 2.468 57.400 4.162
200603 2.621 57.867 4.384
200606 1.756 58.651 2.898
200609 2.401 59.614 3.898
200612 2.684 60.165 4.318
200703 1.969 60.949 3.127
200706 2.028 62.187 3.157
200709 1.141 63.480 1.740
200712 3.698 64.718 5.531
200803 2.471 66.818 3.580
200806 2.492 68.780 3.507
200809 3.554 70.633 4.870
200812 0.364 70.742 0.498
200903 0.939 72.922 1.246
200906 1.226 73.685 1.610
200909 1.497 74.884 1.935
200912 1.661 75.102 2.141
201003 1.665 76.410 2.109
201006 1.737 76.628 2.194
201009 1.945 77.282 2.436
201012 1.794 77.609 2.237
201103 2.194 79.462 2.673
201106 2.205 80.552 2.650
201109 1.662 81.642 1.970
201112 1.666 82.514 1.954
201203 1.764 84.258 2.026
201206 1.482 85.021 1.687
201209 0.924 86.111 1.039
201212 1.202 87.310 1.333
201303 1.549 89.381 1.677
201306 1.463 89.708 1.579
201309 1.229 91.343 1.302
201312 1.082 91.889 1.140
201403 1.456 94.723 1.488
201406 1.551 95.813 1.567
201409 1.140 96.794 1.140

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.


Evraz Highveld Steel and Vanadium  (OTCPK:HGVLY) 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.


Evraz Highveld Steel and Vanadium Cyclically Adjusted PS Ratio Related Terms

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Evraz Highveld Steel and Vanadium (Evraz Highveld Steel and Vanadium) Business Description

Traded in Other Exchanges
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Address
Evraz Highveld Steel and Vanadium Ltd. is engaged in the production of integrated iron ore, steel and vanadium slag. It also produces rail, coiled plate, coiled strip, light and medium plate and cast billets. The Company operates in two business segments: Steel and Vanadium. The major products of the steel segment are magnetite iron ore, structural steel, plate and coil. The major products of the vanadium segment are vanadium slag and ferrovanadium. Vanadium slag is a by-product from the steelmaking process.

Evraz Highveld Steel and Vanadium (Evraz Highveld Steel and Vanadium) Headlines

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