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REC Silicon ASA (REC Silicon ASA) Cyclically Adjusted PS Ratio : 1.32 (As of May. 16, 2024)


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What is REC Silicon ASA Cyclically Adjusted PS Ratio?

As of today (2024-05-16), REC Silicon ASA's current share price is $0.8838. REC Silicon ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $0.67. REC Silicon ASA's Cyclically Adjusted PS Ratio for today is 1.32.

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

RNWEY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.29   Max: 2.28
Current: 1.18

During the past years, REC Silicon ASA's highest Cyclically Adjusted PS Ratio was 2.28. The lowest was 0.05. And the median was 0.29.

RNWEY's Cyclically Adjusted PS Ratio is ranked better than
74.71% of 684 companies
in the Semiconductors industry
Industry Median: 2.29 vs RNWEY: 1.18

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.

REC Silicon ASA's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.104. 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 $0.67 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


REC Silicon ASA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for REC Silicon ASA'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.

REC Silicon ASA Cyclically Adjusted PS Ratio Chart

REC Silicon ASA 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 0.07 0.68 1.31 1.50 1.65

REC Silicon ASA 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 1.91 1.78 1.85 1.65 1.30

Competitive Comparison of REC Silicon ASA's Cyclically Adjusted PS Ratio

For the Semiconductor Equipment & Materials subindustry, REC Silicon ASA'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.


REC Silicon ASA's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, REC Silicon ASA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



REC Silicon ASA 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.

REC Silicon ASA's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.8838/0.67
=1.32

* 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.

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

For example, REC Silicon ASA'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)
=0.104/131.9000*131.9000
=0.104

Current CPI (Mar. 2024) = 131.9000.

REC Silicon ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.508 97.500 0.687
201409 0.531 98.500 0.711
201412 0.551 98.600 0.737
201503 0.323 99.200 0.429
201506 0.308 100.100 0.406
201509 0.344 100.600 0.451
201512 0.328 100.900 0.429
201603 0.320 102.500 0.412
201606 0.374 103.800 0.475
201609 0.207 104.200 0.262
201612 0.338 104.400 0.427
201703 0.226 105.000 0.284
201706 0.198 105.800 0.247
201709 0.313 105.900 0.390
201712 0.292 106.100 0.363
201803 0.230 107.300 0.283
201806 0.236 108.500 0.287
201809 0.178 109.500 0.214
201812 0.193 109.800 0.232
201903 0.173 110.400 0.207
201906 0.174 110.600 0.208
201909 0.126 111.100 0.150
201912 0.119 111.300 0.141
202003 0.094 111.200 0.111
202006 0.077 112.100 0.091
202009 0.109 112.900 0.127
202012 0.117 112.900 0.137
202103 0.065 114.600 0.075
202106 0.066 115.300 0.076
202109 0.121 117.500 0.136
202112 0.092 118.900 0.102
202203 0.080 119.800 0.088
202206 0.114 122.600 0.123
202209 0.090 125.600 0.095
202212 0.069 125.900 0.072
202303 0.068 127.600 0.070
202306 0.075 130.400 0.076
202309 0.084 129.800 0.085
202312 0.090 131.900 0.090
202403 0.104 131.900 0.104

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.


REC Silicon ASA  (OTCPK:RNWEY) 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.


REC Silicon ASA Cyclically Adjusted PS Ratio Related Terms

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


REC Silicon ASA (REC Silicon ASA) Business Description

Traded in Other Exchanges
Address
Fornebuveien 84, PO Box 63, Lysaker, NOR, 1324
REC Silicon ASA is a producer of silicon materials, supplying high-purity polysilicon and silicon gases to the solar and electronics industries. The product offered by the group includes Solar grade polysilicon, Electronic grade polysilicon and Silicon gases. It operates in two segments namely Solar Materials and Semiconductor Materials. Majority of the firm's revenue gets generated through Semiconductor Materials segment.

REC Silicon ASA (REC Silicon ASA) Headlines

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