Magnitogorsk Iron & Steel Works PJSC (MIC:MAGN) Cyclically Adjusted PS Ratio: 0.25 (As of Jul. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MIC:MAGN Magnitogorsk Iron & Steel Works PJSC MIC:MAGN
17 GF Score
Price ₽15.98
View Full Analysis

What is Magnitogorsk Iron & Steel Works PJSC Cyclically Adjusted PS Ratio?

Magnitogorsk Iron & Steel Works PJSC MIC:MAGN +2.37% 17 Cyclically Adjusted PS Ratio is 0.25 as of Jul. 20, 2026. GuruFocus rates MIC:MAGN with a GF Score™ of 17/100.

As of today (2026-07-20), Magnitogorsk Iron & Steel Works PJSC's current share price is ₽15.98. Magnitogorsk Iron & Steel Works PJSC's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was ₽63.78. Magnitogorsk Iron & Steel Works PJSC's Cyclically Adjusted PS Ratio for today is 0.25.

The historical rank and industry rank for Magnitogorsk Iron & Steel Works PJSC's Cyclically Adjusted PS Ratio or its related term are showing as below:

MIC:MAGN's Cyclically Adjusted PS Ratio is not ranked *
in the Steel industry.
Industry Median: 0.45
* Ranked among companies with meaningful Cyclically Adjusted PS Ratio only.

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.

Magnitogorsk Iron & Steel Works PJSC's adjusted revenue per share data of for the fiscal year that ended in Dec23 was ₽68.316. 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 ₽63.78 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Magnitogorsk Iron & Steel Works PJSC  (MIC:MAGN) 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.


Magnitogorsk Iron & Steel Works PJSC Cyclically Adjusted PS Ratio Related Terms


Magnitogorsk Iron & Steel Works PJSC Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Magnitogorsk Iron & Steel Works PJSC'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.

Magnitogorsk Iron & Steel Works PJSC Cyclically Adjusted PS Ratio Chart

Magnitogorsk Iron & Steel Works PJSC 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 0.99 1.25 1.36 0.56 0.82

Magnitogorsk Iron & Steel Works PJSC Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1.36 0.00 0.56 0.79 0.82

MIC:MAGN vs NUE, STLD, RS: Cyclically Adjusted PS Ratio Comparison

For the Steel subindustry, Magnitogorsk Iron & Steel Works PJSC'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.


Magnitogorsk Iron & Steel Works PJSC Cyclically Adjusted PS Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Magnitogorsk Iron & Steel Works PJSC's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Magnitogorsk Iron & Steel Works PJSC's Cyclically Adjusted PS Ratio falls into.


MIC:MAGN
17GF Score
Magnitogorsk Iron & Steel Works PJSC MIC:MAGN
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Magnitogorsk Iron & Steel Works PJSC 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.

Magnitogorsk Iron & Steel Works PJSC's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.98/63.78
=0.25

* 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.

Magnitogorsk Iron & Steel Works PJSC's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Magnitogorsk Iron & Steel Works PJSC's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=68.316/249.1000*249.1000
=68.316

Current CPI (Dec23) = 249.1000.

Magnitogorsk Iron & Steel Works PJSC Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 39.628 139.000 71.017
201512 38.435 157.000 60.982
201612 30.852 165.400 46.465
201712 38.945 169.600 57.200
201812 51.083 176.800 71.973
201912 41.977 182.200 57.390
202012 41.182 191.100 53.681
202112 78.142 207.200 93.944
202212 62.627 231.900 67.272
202312 68.316 249.100 68.316

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.

What does a Cyclically Adjusted PS Ratio of 0.25 mean?
Magnitogorsk Iron & Steel Works PJSC (MIC:MAGN) has a Cyclically Adjusted PS Ratio of 0.25 as of Jul. 20, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Magnitogorsk Iron & Steel Works PJSC and its competitors.
Is Magnitogorsk Iron & Steel Works PJSC's Cyclically Adjusted PS Ratio too high?
Magnitogorsk Iron & Steel Works PJSC's current Cyclically Adjusted PS Ratio is 0.25. The Steel industry median Cyclically Adjusted PS Ratio is 0.45. Magnitogorsk Iron & Steel Works PJSC's value of 0.25 is 44.4% below this industry median. Overall, Magnitogorsk Iron & Steel Works PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Magnitogorsk Iron & Steel Works PJSC's Cyclically Adjusted PS Ratio compare to NUE and STLD?
Magnitogorsk Iron & Steel Works PJSC's Cyclically Adjusted PS Ratio of 0.25 can be compared against companies in the Steel industry. The industry median Cyclically Adjusted PS Ratio is 0.45. Magnitogorsk Iron & Steel Works PJSC's value of 0.25 is 44.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Steel company?
The median Cyclically Adjusted PS Ratio among Steel companies is 0.45, based on 514 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Magnitogorsk Iron & Steel Works PJSC's current Cyclically Adjusted PS Ratio of 0.25 is 44.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Magnitogorsk Iron & Steel Works PJSC and its competitors. For the Steel industry, the median Cyclically Adjusted PS Ratio is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Magnitogorsk Iron & Steel Works PJSC's current Cyclically Adjusted PS Ratio is 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magnitogorsk Iron & Steel Works PJSC stock overvalued right now?
Magnitogorsk Iron & Steel Works PJSC (MIC:MAGN) has a current Cyclically Adjusted PS Ratio of 0.25. The current Cyclically Adjusted PS Ratio is 0.25 and 44.4% below the Steel industry median of 0.45. Magnitogorsk Iron & Steel Works PJSC's overall GF Score™ is 17/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Magnitogorsk Iron & Steel Works PJSC (MIC:MAGN), the current Cyclically Adjusted PS Ratio is 0.25 as of Jul. 20, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Magnitogorsk Iron & Steel Works PJSC Business Description

Address 93, Kirov Street, Chelyabinsk region, Magnitogorsk, RUS, 455000
Magnitogorsk Iron & Steel Works PJSC is a steel producer in Russia. The company's output includes a broad range of steel products with a portion being high-value-added. In Russia, the company operates a large steel-producing complex encompassing the entire production chain from iron-ore processing to downstream production of rolled steel. The company sells the majority of its metal products in Russia. The company's financial results are divided into three segments: the Russian steel segment; the Turkish steel segment; and the coal segment. The steel segment accounts for the vast majority of the company's revenue.
17GF Score

Get the complete analysis for MIC:MAGN

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₽15.98
Price