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Samwon Steel Co (XKRX:023000) Cyclically Adjusted PS Ratio : (As of May. 22, 2024)


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What is Samwon Steel Co 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


Samwon Steel Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Samwon 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.

Samwon Steel Co Cyclically Adjusted PS Ratio Chart

Samwon 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 - - 0.41 0.33 0.37

Samwon 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 0.38 0.41 0.35 0.37 -

Competitive Comparison of Samwon Steel Co's Cyclically Adjusted PS Ratio

For the Steel subindustry, Samwon 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.


Samwon Steel Co's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

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

* The bar in red indicates where Samwon Steel Co's Cyclically Adjusted PS Ratio falls into.



Samwon 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.

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

For example, Samwon 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)
=2224.382/118.8477*118.8477
=2,224.382

Current CPI (Mar. 2024) = 118.8477.

Samwon Steel Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1,824.330 99.353 2,182.294
201409 1,687.216 99.608 2,013.109
201412 1,796.496 99.098 2,154.528
201503 1,607.201 99.720 1,915.485
201506 1,782.632 100.050 2,117.558
201509 1,659.316 100.110 1,969.892
201512 1,775.454 100.220 2,105.454
201603 1,696.144 100.560 2,004.602
201606 1,691.869 100.790 1,994.987
201609 1,556.115 101.460 1,822.794
201612 1,764.651 101.560 2,065.033
201703 1,713.854 102.850 1,980.434
201706 1,783.839 102.610 2,066.126
201709 1,735.945 103.490 1,993.556
201712 1,667.739 102.990 1,924.526
201803 1,781.822 104.100 2,034.250
201806 1,864.376 104.130 2,127.886
201809 1,755.624 105.650 1,974.935
201812 1,760.187 104.350 2,004.736
201903 1,714.778 104.490 1,950.401
201906 1,840.732 104.880 2,085.877
201909 1,644.835 105.200 1,858.221
201912 1,535.594 105.120 1,736.128
202003 1,455.943 105.540 1,639.525
202006 1,261.436 104.870 1,429.568
202009 1,640.086 106.200 1,835.409
202012 1,825.614 105.765 2,051.427
202103 1,871.229 107.357 2,071.508
202106 1,942.205 107.579 2,145.655
202109 1,828.525 108.759 1,998.139
202112 1,921.386 109.676 2,082.055
202203 2,090.961 111.806 2,222.657
202206 2,294.065 114.083 2,389.881
202209 2,361.212 114.831 2,443.799
202212 2,372.835 115.200 2,447.964
202303 2,201.492 116.550 2,244.901
202306 2,245.438 117.140 2,278.175
202309 2,336.340 119.111 2,331.172
202312 2,253.161 118.848 2,253.161
202403 2,224.382 118.848 2,224.382

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.


Samwon Steel Co  (XKRX:023000) 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.


Samwon Steel Co Cyclically Adjusted PS Ratio Related Terms

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


Samwon Steel Co (XKRX:023000) Business Description

Traded in Other Exchanges
N/A
Address
752, Daegak-ri, Daesong-Myeon, Nam-Gu, Gyeongsangbuk-do, Pohang, North Gyeongsang, KOR, 790-841
Samwon Steel Co Ltd is a South Korea based supplier of spring materials. The company manufactures laminated springs, wire rod, torsion bars, steel pipes for automobiles. It is also engaged in research and development of lightweight and high-stress resistant materials.

Samwon Steel Co (XKRX:023000) Headlines

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