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Nucor (MEX:NUE) Cyclically Adjusted PS Ratio : 1.70 (As of Jun. 25, 2024)


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What is Nucor Cyclically Adjusted PS Ratio?

As of today (2024-06-25), Nucor's current share price is MXN2876.00. Nucor's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was MXN1,688.74. Nucor's Cyclically Adjusted PS Ratio for today is 1.70.

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

MEX:NUE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.46   Med: 0.92   Max: 2.02
Current: 1.51

During the past years, Nucor's highest Cyclically Adjusted PS Ratio was 2.02. The lowest was 0.46. And the median was 0.92.

MEX:NUE's Cyclically Adjusted PS Ratio is ranked worse than
81.52% of 525 companies
in the Steel industry
Industry Median: 0.46 vs MEX:NUE: 1.51

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.

Nucor's adjusted revenue per share data for the three months ended in Mar. 2024 was MXN554.607. 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 MXN1,688.74 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nucor Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Nucor'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.

Nucor Cyclically Adjusted PS Ratio Chart

Nucor 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 0.84 0.78 1.46 1.45 1.74

Nucor 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 1.64 1.69 1.57 1.74 1.92

Competitive Comparison of Nucor's Cyclically Adjusted PS Ratio

For the Steel subindustry, Nucor'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.


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

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

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



Nucor 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2876.00/1688.74
=1.70

* 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.

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

For example, Nucor'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)
=554.607/131.7762*131.7762
=554.607

Current CPI (Mar. 2024) = 131.7762.

Nucor Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 214.458 100.560 281.032
201409 238.995 100.428 313.597
201412 230.330 99.070 306.370
201503 209.276 99.621 276.825
201506 213.190 100.684 279.025
201509 222.508 100.392 292.069
201512 185.379 99.792 244.794
201603 200.317 100.470 262.734
201606 245.693 101.688 318.390
201609 259.208 101.861 335.334
201612 254.600 101.863 329.367
201703 282.317 102.862 361.675
201706 291.194 103.349 371.290
201709 292.513 104.136 370.154
201712 312.576 104.011 396.016
201803 315.672 105.290 395.083
201806 397.478 106.317 492.661
201809 398.086 106.507 492.535
201812 398.406 105.998 495.297
201903 384.994 107.251 473.033
201906 370.174 108.070 451.377
201909 353.729 108.329 430.290
201912 318.449 108.420 387.050
202003 435.343 108.902 526.787
202006 329.721 108.767 399.471
202009 358.764 109.815 430.511
202012 344.429 109.897 413.002
202103 474.145 111.754 559.092
202106 588.034 114.631 675.983
202109 728.350 115.734 829.306
202112 751.887 117.630 842.313
202203 767.866 121.301 834.177
202206 899.750 125.017 948.398
202209 813.879 125.227 856.447
202212 661.832 125.222 696.474
202303 617.135 127.348 638.595
202306 651.697 128.729 667.125
202309 614.117 129.860 623.181
202312 527.097 129.419 536.696
202403 554.607 131.776 554.607

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.


Nucor  (MEX:NUE) 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.


Nucor Cyclically Adjusted PS Ratio Related Terms

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


Nucor (MEX:NUE) Business Description

Industry
Address
1915 Rexford Road, Charlotte, NC, USA, 28211
Nucor Corp manufactures steel and steel products. The company also produces direct reduced iron for use in its steel mills. The operations include international trading and sales companies that buy and sell steel and steel products manufactured by the company and others. The operating business segments are: steel mills, steel products, and raw materials, the steel mills segment derives maximum revenue. The steel mills segment includes carbon and alloy steel in sheet, bars, structural and plate; steel trading businesses; rebar distribution businesses; and Nucor's equity method investments in NuMit and NJSM.

Nucor (MEX:NUE) Headlines

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