GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Braskem SA (NYSE:BAK) » Definitions » Cyclically Adjusted PS Ratio

Braskem (Braskem) Cyclically Adjusted PS Ratio : 0.16 (As of Jun. 04, 2024)


View and export this data going back to 1998. Start your Free Trial

What is Braskem Cyclically Adjusted PS Ratio?

As of today (2024-06-04), Braskem's current share price is $7.01. Braskem's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $42.70. Braskem's Cyclically Adjusted PS Ratio for today is 0.16.

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

BAK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.34   Max: 0.89
Current: 0.18

During the past years, Braskem's highest Cyclically Adjusted PS Ratio was 0.89. The lowest was 0.01. And the median was 0.34.

BAK's Cyclically Adjusted PS Ratio is ranked better than
95.46% of 1211 companies
in the Chemicals industry
Industry Median: 1.23 vs BAK: 0.18

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.

Braskem's adjusted revenue per share data for the three months ended in Mar. 2024 was $9.031. 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 $42.70 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Braskem Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Braskem'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.

Braskem Cyclically Adjusted PS Ratio Chart

Braskem 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 0.44 0.33 0.62 0.26 0.21

Braskem 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 0.20 0.28 0.22 0.21 0.25

Competitive Comparison of Braskem's Cyclically Adjusted PS Ratio

For the Chemicals subindustry, Braskem'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.


Braskem's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

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

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



Braskem 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.

Braskem's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.01/42.7
=0.16

* 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.

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

For example, Braskem'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)
=9.031/159.3724*159.3724
=9.031

Current CPI (Mar. 2024) = 159.3724.

Braskem Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 12.198 91.838 21.168
201409 12.603 92.602 21.690
201412 13.120 94.194 22.199
201503 10.182 97.799 16.592
201506 9.363 100.006 14.921
201509 8.477 101.392 13.325
201512 11.263 104.247 17.219
201603 8.098 106.979 12.064
201606 8.606 108.851 12.600
201609 9.257 109.986 13.414
201612 9.027 110.802 12.984
201703 10.126 111.869 14.426
201706 9.054 112.115 12.870
201709 9.758 112.777 13.790
201712 9.629 114.068 13.453
201803 9.983 114.868 13.851
201806 9.189 117.038 12.513
201809 10.001 117.881 13.521
201812 9.796 118.340 13.193
201903 8.490 120.124 11.264
201906 8.694 120.977 11.453
201909 8.156 121.292 10.717
201912 7.740 123.436 9.993
202003 6.494 124.092 8.340
202006 5.418 123.557 6.989
202009 7.443 125.095 9.482
202012 9.154 129.012 11.308
202103 10.106 131.660 12.233
202106 13.202 133.871 15.717
202109 13.468 137.913 15.564
202112 12.534 141.992 14.068
202203 13.495 146.537 14.677
202206 12.644 149.784 13.453
202209 12.160 147.800 13.112
202212 9.093 150.207 9.648
202303 9.377 153.352 9.745
202306 9.180 154.519 9.468
202309 8.474 155.464 8.687
202312 8.549 157.148 8.670
202403 9.031 159.372 9.031

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.


Braskem  (NYSE:BAK) 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.


Braskem Cyclically Adjusted PS Ratio Related Terms

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


Braskem (Braskem) Business Description

Industry
Address
Rua Lemos Monteiro, 120 - 24 Andar, Butanta, SP, BRA, CEP 05501-050
Braskem SA manufactures and sells chemicals, petrochemicals, fuels, and utilities. The company's geographical segments include Brazil; the United States and Europe and Mexico. It derives a majority of revenue from Brazil. It produces olefins, such as ethylene, polymer and chemical-grade propylene, butadiene and butene-1; fuels, such as automotive gasoline, liquefied petroleum gas, or LPG, ethyl tertiary-butyl ether, or ETBE, and methyl tertiary-butyl ether, or MTBE; intermediates, such as cumene and others.