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Trinidad Cement (TRN:TCL) Cyclically Adjusted PS Ratio : 0.11 (As of Jun. 08, 2024)


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What is Trinidad Cement Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Trinidad Cement's current share price is TTD2.60. Trinidad Cement's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was TTD23.99. Trinidad Cement's Cyclically Adjusted PS Ratio for today is 0.11.

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

TRN:TCL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.14   Max: 0.16
Current: 0.11

During the past years, Trinidad Cement's highest Cyclically Adjusted PS Ratio was 0.16. The lowest was 0.11. And the median was 0.14.

TRN:TCL's Cyclically Adjusted PS Ratio is ranked better than
94.67% of 319 companies
in the Building Materials industry
Industry Median: 0.97 vs TRN:TCL: 0.11

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.

Trinidad Cement's adjusted revenue per share data for the three months ended in Mar. 2024 was TTD1.542. 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 TTD23.99 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Trinidad Cement Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Trinidad Cement'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.

Trinidad Cement Cyclically Adjusted PS Ratio Chart

Trinidad Cement 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 - - - 0.16 0.13

Trinidad Cement 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 0.15 0.11 0.13 0.13 0.12

Competitive Comparison of Trinidad Cement's Cyclically Adjusted PS Ratio

For the Building Materials subindustry, Trinidad Cement'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.


Trinidad Cement's Cyclically Adjusted PS Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Trinidad Cement's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Trinidad Cement 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.

Trinidad Cement's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.60/23.99
=0.11

* 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.

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

For example, Trinidad Cement'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)
=1.542/131.7762*131.7762
=1.542

Current CPI (Mar. 2024) = 131.7762.

Trinidad Cement Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.282 100.560 2.990
201409 2.083 100.428 2.733
201412 2.065 99.070 2.747
201503 2.083 99.621 2.755
201506 1.767 100.684 2.313
201509 1.160 100.392 1.523
201512 1.275 99.792 1.684
201603 1.280 100.470 1.679
201606 136.978 101.688 177.508
201609 1.201 101.861 1.554
201612 1.203 101.863 1.556
201703 0.260 102.862 0.333
201706 1.132 103.349 1.443
201709 1.150 104.136 1.455
201712 1.170 104.011 1.482
201803 1.154 105.290 1.444
201806 1.226 106.317 1.520
201809 1.118 106.507 1.383
201812 1.123 105.998 1.396
201903 1.147 107.251 1.409
201906 1.185 108.070 1.445
201909 1.114 108.329 1.355
201912 1.040 108.420 1.264
202003 1.115 108.902 1.349
202006 0.971 108.767 1.176
202009 1.300 109.815 1.560
202012 1.166 109.897 1.398
202103 1.331 111.754 1.569
202106 1.201 114.631 1.381
202109 1.257 115.734 1.431
202112 1.319 117.630 1.478
202203 1.424 121.301 1.547
202206 1.436 125.017 1.514
202209 1.316 125.227 1.385
202212 1.368 125.222 1.440
202303 1.492 127.348 1.544
202306 1.599 128.729 1.637
202309 1.488 129.860 1.510
202312 1.418 129.419 1.444
202403 1.542 131.776 1.542

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.


Trinidad Cement  (TRN:TCL) 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.


Trinidad Cement Cyclically Adjusted PS Ratio Related Terms

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


Trinidad Cement (TRN:TCL) Business Description

Traded in Other Exchanges
N/A
Address
Southern Main Road, Claxton Bay, Trinidad, TTO
Trinidad Cement Ltd is engaged in the manufacture and sale of cement, concrete, and aggregates. The company's operations are organized into three operating segments, Cement, Concrete, and Packaging. The firm offers Portland-pozzolan cement, ordinary Portland cement, and Class G high sulfate-resistant oilwell cement. The company has operations in Trinidad and Tobago, Jamaica, Barbados, and other countries. Geographically the company receives maximum revenue from Jamaica.

Trinidad Cement (TRN:TCL) Headlines

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