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TMK PAO (TMK PAO) Cyclically Adjusted PS Ratio : (As of May. 05, 2024)


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What is TMK PAO Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


TMK PAO Cyclically Adjusted PS Ratio Historical Data

The historical data trend for TMK PAO'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.

TMK PAO Cyclically Adjusted PS Ratio Chart

TMK PAO Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PS Ratio
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TMK PAO Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22
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Competitive Comparison of TMK PAO's Cyclically Adjusted PS Ratio

For the Steel subindustry, TMK PAO'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.


TMK PAO's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

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

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



TMK PAO 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.

TMK PAO's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2022 is calculated as:

For example, TMK PAO's adjusted Revenue per Share data for the three months ended in Jun. 2022 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2022 (Change)*Current CPI (Jun. 2022)
=0/230.8000*230.8000
=0.000

Current CPI (Jun. 2022) = 230.8000.

TMK PAO Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201206 8.070 113.600 16.396
201209 6.971 115.700 13.906
201212 6.898 117.300 13.573
201303 7.986 119.500 15.424
201306 8.043 121.400 15.291
201309 6.646 122.800 12.491
201312 7.134 124.900 13.183
201403 7.545 127.800 13.626
201406 6.921 130.900 12.203
201409 7.938 132.700 13.806
201412 18.038 139.000 29.951
201503 4.527 149.400 6.994
201506 4.728 150.900 7.231
201509 4.027 153.500 6.055
201512 5.049 157.000 7.422
201603 3.983 160.200 5.738
201606 3.605 162.200 5.130
201609 2.729 163.300 3.857
201612 3.857 165.400 5.382
201703 3.466 167.000 4.790
201706 4.748 169.200 6.477
201709 4.094 168.200 5.618
201712 4.020 169.600 5.471
201803 4.232 171.000 5.712
201806 3.962 173.100 5.283
201809 4.831 173.900 6.412
201812 5.497 176.800 7.176
201903 3.764 179.900 4.829
201906 4.092 181.200 5.212
201909 3.629 180.800 4.633
201912 7.315 182.200 9.266
202003 2.696 184.500 3.373
202006 3.144 187.000 3.880
202009 2.508 187.400 3.089
202012 3.090 191.100 3.732
202103 3.319 195.200 3.924
202106 5.753 199.100 6.669
202109 6.213 201.300 7.123
202112 7.197 207.200 8.017
202206 0.000 230.800 0.000

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.


TMK PAO  (GREY:TMKOY) 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.


TMK PAO Cyclically Adjusted PS Ratio Related Terms

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TMK PAO (TMK PAO) Business Description

Industry
Traded in Other Exchanges
N/A
Address
40/2a, Pokrovka Street, Moscow, RUS, 101000
TMK PAO produces and supplies steel pipes for the oil and gas industry. The company integrates production assets in Russia, the United States, Canada, Oman, Romania, and Kazakhstan. TMK's core business is the production and sale of seamless and welded pipe, including large-diameter pipe, and pipe with premium connections, combined with an extensive range of services in heat treatment, protective coating, premium connections threading, pipe storage, and repair. Seamless pipe sales account for the majority of the company's revenue with the majority of sales generated in Russia.

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