GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » HYUNDAI BNG STEEL Co Ltd (XKRX:004560) » Definitions » Cyclically Adjusted PS Ratio

HYUNDAI BNG STEEL Co (XKRX:004560) Cyclically Adjusted PS Ratio : 0.35 (As of May. 21, 2024)


View and export this data going back to 1987. Start your Free Trial

What is HYUNDAI BNG STEEL Co Cyclically Adjusted PS Ratio?

As of today (2024-05-21), HYUNDAI BNG STEEL Co's current share price is ₩20600.00. HYUNDAI BNG STEEL Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₩59,171.20. HYUNDAI BNG STEEL Co's Cyclically Adjusted PS Ratio for today is 0.35.

The historical rank and industry rank for HYUNDAI BNG STEEL Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

XKRX:004560' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.23   Max: 0.52
Current: 0.35

During the past years, HYUNDAI BNG STEEL Co's highest Cyclically Adjusted PS Ratio was 0.52. The lowest was 0.11. And the median was 0.23.

XKRX:004560's Cyclically Adjusted PS Ratio is ranked better than
60.23% of 518 companies
in the Steel industry
Industry Median: 0.48 vs XKRX:004560: 0.35

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.

HYUNDAI BNG STEEL Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ₩12,614.913. 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 ₩59,171.20 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


HYUNDAI BNG STEEL Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for HYUNDAI BNG STEEL Co'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.

HYUNDAI BNG STEEL Co Cyclically Adjusted PS Ratio Chart

HYUNDAI BNG STEEL Co 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 0.18 0.20 0.32 0.18 0.25

HYUNDAI BNG STEEL Co 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 0.19 0.27 0.20 0.25 0.35

Competitive Comparison of HYUNDAI BNG STEEL Co's Cyclically Adjusted PS Ratio

For the Steel subindustry, HYUNDAI BNG STEEL Co'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.


HYUNDAI BNG STEEL Co's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, HYUNDAI BNG STEEL Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where HYUNDAI BNG STEEL Co's Cyclically Adjusted PS Ratio falls into.



HYUNDAI BNG STEEL Co 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.

HYUNDAI BNG STEEL Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=20600.00/59171.2
=0.35

* 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.

HYUNDAI BNG STEEL Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, HYUNDAI BNG STEEL Co'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)
=12614.913/118.8477*118.8477
=12,614.913

Current CPI (Mar. 2024) = 118.8477.

HYUNDAI BNG STEEL Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 13,031.492 99.353 15,588.486
201409 11,035.789 99.608 13,167.398
201412 10,786.875 99.098 12,936.641
201503 11,862.447 99.720 14,137.831
201506 12,102.094 100.050 14,375.872
201509 10,930.764 100.110 12,976.687
201512 10,152.153 100.220 12,039.114
201603 10,183.447 100.560 12,035.394
201606 11,037.595 100.790 13,015.108
201609 10,329.038 101.460 12,099.176
201612 11,921.375 101.560 13,950.650
201703 12,859.940 102.850 14,860.226
201706 12,078.601 102.610 13,990.000
201709 12,063.987 103.490 13,854.257
201712 10,800.262 102.990 12,463.213
201803 11,576.570 104.100 13,216.606
201806 12,497.527 104.130 14,263.923
201809 11,819.852 105.650 13,296.377
201812 11,002.873 104.350 12,531.540
201903 12,149.034 104.490 13,818.401
201906 12,297.358 104.880 13,935.095
201909 12,233.547 105.200 13,820.617
201912 11,585.445 105.120 13,098.397
202003 11,184.656 105.540 12,594.946
202006 10,656.483 104.870 12,076.843
202009 11,313.366 106.200 12,660.711
202012 11,605.631 105.765 13,041.151
202103 12,852.818 107.357 14,228.462
202106 14,274.132 107.579 15,769.379
202109 14,506.598 108.759 15,852.230
202112 14,716.450 109.676 15,947.061
202203 22,644.640 111.806 24,070.875
202206 24,853.169 114.083 25,891.212
202209 17,587.672 114.831 18,202.828
202212 19,243.934 115.200 19,853.241
202303 18,450.264 116.550 18,814.062
202306 18,198.550 117.140 18,463.869
202309 17,741.228 119.111 17,701.981
202312 14,457.360 118.848 14,457.360
202403 12,614.913 118.848 12,614.913

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.


HYUNDAI BNG STEEL Co  (XKRX:004560) 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.


HYUNDAI BNG STEEL Co Cyclically Adjusted PS Ratio Related Terms

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


HYUNDAI BNG STEEL Co (XKRX:004560) Business Description

Traded in Other Exchanges
N/A
Address
124, Jeokhyeon-ro, Seongsan-gu, Gyeongsangnam-do, Changwon, KOR
HYUNDAI BNG STEEL Co Ltd manufactures and sells stainless steel plates. Its products are used in construction, kitchen, automobile, electronic equipment, industrial, and other special applications.

HYUNDAI BNG STEEL Co (XKRX:004560) Headlines

No Headlines