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Posco Future M (XKRX:003670) Cyclically Adjusted PS Ratio : (As of May. 21, 2024)


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What is Posco Future M Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Posco Future M Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Posco Future M'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.

Posco Future M Cyclically Adjusted PS Ratio Chart

Posco Future M 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 2.50 5.15 6.75 7.43 12.56

Posco Future M 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 10.74 13.34 12.87 12.56 -

Competitive Comparison of Posco Future M's Cyclically Adjusted PS Ratio

For the Building Materials subindustry, Posco Future M'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.


Posco Future M's Cyclically Adjusted PS Ratio Distribution in the Building Materials Industry

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

* The bar in red indicates where Posco Future M's Cyclically Adjusted PS Ratio falls into.



Posco Future M 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.

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

For example, Posco Future M'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)
=14704.613/118.8477*118.8477
=14,704.613

Current CPI (Mar. 2024) = 118.8477.

Posco Future M Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 551.034 99.353 659.156
201409 551.894 99.608 658.495
201412 568.198 99.098 681.437
201503 527.642 99.720 628.851
201506 4,878.762 100.050 5,795.399
201509 4,822.088 100.110 5,724.644
201512 4,725.140 100.220 5,603.393
201603 4,489.791 100.560 5,306.298
201606 4,227.039 100.790 4,984.362
201609 4,549.029 101.460 5,328.619
201612 4,634.526 101.560 5,423.422
201703 4,626.973 102.850 5,346.671
201706 4,753.416 102.610 5,505.629
201709 4,963.174 103.490 5,699.699
201712 5,005.015 102.990 5,775.653
201803 5,449.374 104.100 6,221.379
201806 5,405.699 104.130 6,169.739
201809 5,594.734 105.650 6,293.623
201812 5,912.640 104.350 6,734.103
201903 5,742.380 104.490 6,531.426
201906 5,811.958 104.880 6,585.982
201909 5,824.286 105.200 6,579.876
201912 6,073.199 105.120 6,866.303
202003 6,071.024 105.540 6,836.529
202006 5,344.722 104.870 6,057.098
202009 6,111.180 106.200 6,838.980
202012 8,574.419 105.765 9,635.003
202103 6,346.724 107.357 7,026.017
202106 6,192.612 107.579 6,841.302
202109 6,513.585 108.759 7,117.785
202112 6,933.881 109.676 7,513.702
202203 8,582.734 111.806 9,123.303
202206 10,365.185 114.083 10,798.108
202209 13,616.069 114.831 14,092.312
202212 10,067.716 115.200 10,386.483
202303 14,665.827 116.550 14,955.005
202306 15,410.335 117.140 15,635.005
202309 16,607.963 119.111 16,571.223
202312 14,798.399 118.848 14,798.399
202403 14,704.613 118.848 14,704.613

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.


Posco Future M  (XKRX:003670) 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.


Posco Future M Cyclically Adjusted PS Ratio Related Terms

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


Posco Future M (XKRX:003670) Business Description

Traded in Other Exchanges
N/A
Address
110, Shinhang-ro, Nam-gu, Gyeongbuk, Pohang, KOR
Posco Future M is in the business of coal chemistry and carbon materials. Its key business includes refractory manufacture and sale, furnace construction and maintenance, lime business, environmental business, comprehensive chemicals, carbon materials, and secondary battery anode materials among others.

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