GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Resonac Holdings Corp (STU:SWD) » Definitions » Cyclically Adjusted PS Ratio

Resonac Holdings (STU:SWD) Cyclically Adjusted PS Ratio : 0.49 (As of May. 26, 2024)


View and export this data going back to 2017. Start your Free Trial

What is Resonac Holdings Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Resonac Holdings's current share price is €20.00. Resonac Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €40.61. Resonac Holdings's Cyclically Adjusted PS Ratio for today is 0.49.

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

STU:SWD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.43   Max: 1.13
Current: 0.49

During the past years, Resonac Holdings's highest Cyclically Adjusted PS Ratio was 1.13. The lowest was 0.23. And the median was 0.43.

STU:SWD's Cyclically Adjusted PS Ratio is ranked better than
78.18% of 1210 companies
in the Chemicals industry
Industry Median: 1.23 vs STU:SWD: 0.49

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.

Resonac Holdings's adjusted revenue per share data for the three months ended in Mar. 2024 was €10.904. 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 €40.61 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Resonac Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Resonac Holdings'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.

Resonac Holdings Cyclically Adjusted PS Ratio Chart

Resonac Holdings 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 0.50 0.38 0.39 0.30 0.41

Resonac Holdings 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 0.33 0.34 0.37 0.41 0.52

Competitive Comparison of Resonac Holdings's Cyclically Adjusted PS Ratio

For the Chemicals subindustry, Resonac Holdings'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.


Resonac Holdings's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

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

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



Resonac Holdings 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.

Resonac Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=20.00/40.61
=0.49

* 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.

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

For example, Resonac Holdings'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)
=10.904/107.2000*107.2000
=10.904

Current CPI (Mar. 2024) = 107.2000.

Resonac Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 9.818 98.000 10.740
201409 11.243 98.500 12.236
201412 10.957 97.900 11.998
201503 10.380 97.900 11.366
201506 10.277 98.400 11.196
201509 10.235 98.500 11.139
201512 9.597 98.100 10.487
201603 8.685 97.900 9.510
201606 9.622 98.100 10.515
201609 10.159 98.000 11.113
201612 10.709 98.400 11.667
201703 10.644 98.100 11.631
201706 10.641 98.500 11.581
201709 10.183 98.800 11.049
201712 11.369 99.400 12.261
201803 11.467 99.200 12.392
201806 12.628 99.200 13.646
201809 13.850 99.900 14.862
201812 14.140 99.700 15.204
201903 12.813 99.700 13.777
201906 13.516 99.800 14.518
201909 12.738 100.100 13.641
201912 11.925 100.500 12.720
202003 9.896 100.300 10.577
202006 8.764 99.900 9.404
202009 17.051 99.900 18.297
202012 18.334 99.300 19.793
202103 17.994 99.900 19.309
202106 18.275 99.500 19.689
202109 15.486 100.100 16.584
202112 15.797 100.100 16.917
202203 13.024 101.100 13.810
202206 13.571 101.800 14.291
202209 14.716 103.100 15.301
202212 13.848 104.100 14.260
202303 11.533 104.400 11.842
202306 11.435 105.200 11.652
202309 11.411 106.200 11.518
202312 12.185 106.800 12.231
202403 10.904 107.200 10.904

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.


Resonac Holdings  (STU:SWD) 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.


Resonac Holdings Cyclically Adjusted PS Ratio Related Terms

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


Resonac Holdings (STU:SWD) Business Description

Traded in Other Exchanges
Address
1-13-9 Shibadaimon, Minato-ku, Tokyo, JPN, 105-8518
Resonac Holdings Corp manufactures and sells chemicals, aluminum, and electronics. The firm organizes itself into four segments, which are the Semiconductor and Electronic materials segment, the Mobility segment, the Chemicals segment, and the Innovations Enabling segment. Geographically the company derives sales from Japan, China, Asia excluding Japan and China, and the rest of the world. The majority of sales are derived from Japan.

Resonac Holdings (STU:SWD) Headlines

No Headlines