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Salzgitter AG (XTER:SZG) Cyclically Adjusted PS Ratio : 0.09 (As of Jun. 21, 2024)


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What is Salzgitter AG Cyclically Adjusted PS Ratio?

As of today (2024-06-21), Salzgitter AG's current share price is €18.31. Salzgitter AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €194.18. Salzgitter AG's Cyclically Adjusted PS Ratio for today is 0.09.

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

XTER:SZG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.15   Max: 0.3
Current: 0.1

During the past years, Salzgitter AG's highest Cyclically Adjusted PS Ratio was 0.30. The lowest was 0.05. And the median was 0.15.

XTER:SZG's Cyclically Adjusted PS Ratio is ranked better than
93.33% of 525 companies
in the Steel industry
Industry Median: 0.47 vs XTER:SZG: 0.10

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.

Salzgitter AG's adjusted revenue per share data for the three months ended in Mar. 2024 was €49.821. 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 €194.18 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Salzgitter AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Salzgitter AG'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.

Salzgitter AG Cyclically Adjusted PS Ratio Chart

Salzgitter AG 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 0.11 0.13 0.18 0.15 0.15

Salzgitter AG 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 0.17 0.13 0.15 0.12

Competitive Comparison of Salzgitter AG's Cyclically Adjusted PS Ratio

For the Steel subindustry, Salzgitter AG'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.


Salzgitter AG's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

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

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



Salzgitter AG 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.

Salzgitter AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=18.31/194.18
=0.09

* 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.

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

For example, Salzgitter AG'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)
=49.821/125.0381*125.0381
=49.821

Current CPI (Mar. 2024) = 125.0381.

Salzgitter AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 43.717 99.543 54.914
201409 40.396 99.823 50.600
201412 38.007 99.543 47.742
201503 41.502 99.717 52.041
201506 42.941 100.417 53.470
201509 39.914 100.417 49.701
201512 35.217 99.717 44.160
201603 34.304 100.017 42.886
201606 37.893 100.717 47.043
201609 34.418 101.017 42.602
201612 30.875 101.217 38.141
201703 41.569 101.417 51.251
201706 40.287 102.117 49.330
201709 38.717 102.717 47.130
201712 35.864 102.617 43.700
201803 40.318 102.917 48.984
201806 40.519 104.017 48.707
201809 40.247 104.718 48.057
201812 39.822 104.217 47.778
201903 39.997 104.217 47.988
201906 37.207 105.718 44.007
201909 39.047 106.018 46.052
201912 28.734 105.818 33.953
202003 39.148 105.718 46.303
202006 28.232 106.618 33.110
202009 30.267 105.818 35.765
202012 33.746 105.518 39.989
202103 38.583 107.518 44.870
202106 43.325 108.486 49.935
202109 47.401 109.435 54.160
202112 51.072 110.384 57.852
202203 61.967 113.968 67.986
202206 60.770 115.760 65.640
202209 57.742 118.818 60.765
202212 51.547 119.345 54.006
202303 55.104 122.402 56.291
202306 52.710 123.140 53.522
202309 46.727 124.195 47.044
202312 44.092 123.773 44.543
202403 49.821 125.038 49.821

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.


Salzgitter AG  (XTER:SZG) 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.


Salzgitter AG Cyclically Adjusted PS Ratio Related Terms

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


Salzgitter AG (XTER:SZG) Business Description

Industry
Traded in Other Exchanges
Address
Eisenhüttenstrasse 99, Salzgitter, DEU, 38239
Salzgitter AG is a German-based steel & technology company. The segments of the company are Steel Production, Steel Processing, Trading, & Technology business. The majority is derived from the trading segment. Steel Production Business Unit manufactures high-quality branded steel & special steel. Steel Processing Business Unit produce a broad spectrum of high-grade plate products. Trading Business Unit operates a tightly-knit European sales network & trading companies & agencies that ensure that Salzgitter Group's products & services are marketed efficiently. Technology Business Unit operates in the filling & packing technology segment, as well as in special machinery engineering for shoe manufacturing & elastomer production. Geographically, the majority is derived from domestic markets.

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