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Posco M-Tech Co (XKRX:009520) Cyclically Adjusted PS Ratio : 2.39 (As of Apr. 30, 2024)


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What is Posco M-Tech Co Cyclically Adjusted PS Ratio?

As of today (2024-04-30), Posco M-Tech Co's current share price is ₩20600.00. Posco M-Tech Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₩8,607.21. Posco M-Tech Co's Cyclically Adjusted PS Ratio for today is 2.39.

The historical rank and industry rank for Posco M-Tech Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

XKRX:009520' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.47   Max: 3.95
Current: 2.37

During the past years, Posco M-Tech Co's highest Cyclically Adjusted PS Ratio was 3.95. The lowest was 0.15. And the median was 0.47.

XKRX:009520's Cyclically Adjusted PS Ratio is ranked worse than
88.8% of 518 companies
in the Steel industry
Industry Median: 0.475 vs XKRX:009520: 2.37

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.

Posco M-Tech Co's adjusted revenue per share data for the three months ended in Dec. 2023 was ₩2,261.570. 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 ₩8,607.21 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Posco M-Tech Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Posco M-Tech 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.

Posco M-Tech Co Cyclically Adjusted PS Ratio Chart

Posco M-Tech 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 0.37 0.41 0.74 0.85 3.42

Posco M-Tech Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.85 2.27 2.67 3.44 3.42

Competitive Comparison of Posco M-Tech Co's Cyclically Adjusted PS Ratio

For the Steel subindustry, Posco M-Tech 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.


Posco M-Tech Co's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Posco M-Tech Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Posco M-Tech 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.

Posco M-Tech Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=20600.00/8607.21
=2.39

* 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.

Posco M-Tech Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Posco M-Tech Co's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2261.57/118.8477*118.8477
=2,261.570

Current CPI (Dec. 2023) = 118.8477.

Posco M-Tech Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2,905.619 99.253 3,479.251
201406 2,633.178 99.353 3,149.851
201409 2,439.499 99.608 2,910.698
201412 2,718.191 99.098 3,259.912
201503 2,242.894 99.720 2,673.113
201506 2,240.867 100.050 2,661.888
201509 2,311.958 100.110 2,744.690
201512 1,907.176 100.220 2,261.659
201603 1,530.504 100.560 1,808.839
201606 1,718.408 100.790 2,026.281
201609 1,596.543 101.460 1,870.150
201612 1,487.058 101.560 1,740.187
201703 1,482.503 102.850 1,713.097
201706 1,482.050 102.610 1,716.580
201709 1,536.007 103.490 1,763.947
201712 1,686.343 102.990 1,945.995
201803 1,668.829 104.100 1,905.250
201806 1,909.977 104.130 2,179.933
201809 1,788.652 105.650 2,012.089
201812 1,869.098 104.350 2,128.778
201903 1,700.378 104.490 1,934.023
201906 1,718.432 104.880 1,947.289
201909 1,711.316 105.200 1,933.327
201912 1,804.476 105.120 2,040.124
202003 1,619.439 105.540 1,823.637
202006 1,428.361 104.870 1,618.741
202009 1,495.506 106.200 1,673.611
202012 1,590.575 105.765 1,787.316
202103 1,705.510 107.357 1,888.052
202106 1,726.332 107.579 1,907.169
202109 2,090.744 108.759 2,284.681
202112 2,261.353 109.676 2,450.451
202203 2,207.748 111.806 2,346.799
202206 2,221.233 114.083 2,314.007
202209 1,812.163 114.831 1,875.546
202212 1,963.096 115.200 2,025.252
202303 1,956.113 116.550 1,994.683
202306 2,050.557 117.140 2,080.452
202309 1,937.467 119.111 1,933.181
202312 2,261.570 118.848 2,261.570

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 M-Tech Co  (XKRX:009520) 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 M-Tech Co Cyclically Adjusted PS Ratio Related Terms

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


Posco M-Tech Co (XKRX:009520) Business Description

Traded in Other Exchanges
N/A
Address
131, Hyeongsangangbuk-ro, Nam-gu, Gyeongsanbuk-do, Pohang, KOR, 37835
Posco M-Tech Co Ltd is a South Korea based company engages in the provision of steel raw materials and packing materials and services. Its products include aluminum deoxidizers; ferro silicon; ferro molybdenum, magnesium ingots and Fe powder; and StrapMaster.

Posco M-Tech Co (XKRX:009520) Headlines

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