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Nizhnekamskshina PJSC (MIC:NKSH) Cyclically Adjusted PS Ratio : 0.23 (As of Jun. 14, 2024)


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What is Nizhnekamskshina PJSC Cyclically Adjusted PS Ratio?

As of today (2024-06-14), Nizhnekamskshina PJSC's current share price is ₽69.35. Nizhnekamskshina PJSC's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec22 was ₽296.00. Nizhnekamskshina PJSC's Cyclically Adjusted PS Ratio for today is 0.23.

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

MIC:NKSH's Cyclically Adjusted PS Ratio is not ranked *
in the Vehicles & Parts industry.
Industry Median: 0.66
* 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.

Nizhnekamskshina PJSC's adjusted revenue per share data of for the fiscal year that ended in Dec22 was ₽152.312. 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 ₽296.00 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nizhnekamskshina PJSC Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Nizhnekamskshina 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.

* Premium members only.

Nizhnekamskshina PJSC Cyclically Adjusted PS Ratio Chart

Nizhnekamskshina PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.07 0.07 0.08 0.08

Nizhnekamskshina PJSC Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
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 0.07 - 0.08 - 0.08

Competitive Comparison of Nizhnekamskshina PJSC's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, Nizhnekamskshina 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.


Nizhnekamskshina PJSC's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Nizhnekamskshina PJSC's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Nizhnekamskshina 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.

Nizhnekamskshina PJSC's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=69.35/296
=0.23

* 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.

Nizhnekamskshina PJSC's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Nizhnekamskshina PJSC's adjusted Revenue per Share data for the fiscal year that ended in Dec22 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=152.312/231.9000*231.9000
=152.312

Current CPI (Dec22) = 231.9000.

Nizhnekamskshina PJSC Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201312 247.428 124.900 459.396
201412 209.720 139.000 349.885
201512 236.781 157.000 349.742
201612 240.148 165.400 336.701
201712 260.863 169.600 356.687
201812 310.168 176.800 406.832
201912 226.930 182.200 288.831
202012 106.027 191.100 128.664
202112 116.997 207.200 130.944
202212 152.312 231.900 152.312

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.


Nizhnekamskshina PJSC  (MIC:NKSH) 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.


Nizhnekamskshina PJSC Cyclically Adjusted PS Ratio Related Terms

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


Nizhnekamskshina PJSC (MIC:NKSH) Business Description

Traded in Other Exchanges
N/A
Address
Republic Of Tatarstan, Territory of industrial zone, Building 116, office 1., Nizhnekamsk, RUS, 423580
Nizhnekamskshina PJSC is a Russian company engaged in the manufacture of tires for passenger cars and light-duty tires in the CIS countries.