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Ryerson Holding (Ryerson Holding) Cyclically Adjusted Price-to-FCF : 7.53 (As of May. 16, 2024)


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What is Ryerson Holding Cyclically Adjusted Price-to-FCF?

As of today (2024-05-16), Ryerson Holding's current share price is $23.71. Ryerson Holding's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $3.15. Ryerson Holding's Cyclically Adjusted Price-to-FCF for today is 7.53.

The historical rank and industry rank for Ryerson Holding's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

RYI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.07   Med: 9.95   Max: 30.67
Current: 6.94

During the past years, Ryerson Holding's highest Cyclically Adjusted Price-to-FCF was 30.67. The lowest was 3.07. And the median was 9.95.

RYI's Cyclically Adjusted Price-to-FCF is ranked better than
94.87% of 1034 companies
in the Industrial Products industry
Industry Median: 33.525 vs RYI: 6.94

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 Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Ryerson Holding's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $-2.046. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $3.15 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ryerson Holding Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ryerson Holding's Cyclically Adjusted Price-to-FCF 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.

Ryerson Holding Cyclically Adjusted Price-to-FCF Chart

Ryerson Holding Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.56 6.44 12.00 10.91 10.08

Ryerson Holding Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 12.74 14.36 9.43 10.08 10.64

Competitive Comparison of Ryerson Holding's Cyclically Adjusted Price-to-FCF

For the Metal Fabrication subindustry, Ryerson Holding's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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.


Ryerson Holding's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ryerson Holding's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Ryerson Holding's Cyclically Adjusted Price-to-FCF falls into.



Ryerson Holding Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF 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 Price-to-FCF.

Ryerson Holding's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=23.71/3.15
=7.53

* 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.

Ryerson Holding's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Ryerson Holding's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-2.046/131.7762*131.7762
=-2.046

Current CPI (Mar. 2024) = 131.7762.

Ryerson Holding Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.637 100.560 -0.835
201409 -1.808 100.428 -2.372
201412 -1.448 99.070 -1.926
201503 2.993 99.621 3.959
201506 1.695 100.684 2.218
201509 0.627 100.392 0.823
201512 2.065 99.792 2.727
201603 1.296 100.470 1.700
201606 -1.622 101.688 -2.102
201609 -0.887 101.861 -1.147
201612 1.190 101.863 1.539
201703 -0.984 102.862 -1.261
201706 -1.475 103.349 -1.881
201709 -0.467 104.136 -0.591
201712 2.185 104.011 2.768
201803 0.642 105.290 0.804
201806 -1.685 106.317 -2.089
201809 -1.401 106.507 -1.733
201812 2.940 105.998 3.655
201903 -0.788 107.251 -0.968
201906 1.435 108.070 1.750
201909 1.933 108.329 2.351
201912 1.293 108.420 1.572
202003 1.724 108.902 2.086
202006 2.584 108.767 3.131
202009 3.004 109.815 3.605
202012 -0.706 109.897 -0.847
202103 -1.392 111.754 -1.641
202106 -0.274 114.631 -0.315
202109 -0.829 115.734 -0.944
202112 1.851 117.630 2.074
202203 1.624 121.301 1.764
202206 1.596 125.017 1.682
202209 3.263 125.227 3.434
202212 3.925 125.222 4.130
202303 1.412 127.348 1.461
202306 1.946 128.729 1.992
202309 1.631 129.860 1.655
202312 1.865 129.419 1.899
202403 -2.046 131.776 -2.046

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF 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.


Ryerson Holding  (NYSE:RYI) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow 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 Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Ryerson Holding Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Ryerson Holding's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Ryerson Holding (Ryerson Holding) Business Description

Traded in Other Exchanges
Address
227 West Monroe Street, 27th Floor, Chicago, IL, USA, 60606
Ryerson Holding Corp provides a metals service center, and value-added processor and is a distributor of industrial metals with operations in the United States, Canada and Mexico. In addition to its North American operations, it conducts processing and distribution operations in China. Its customers range from local, independently owned fabricators and machine shops to large, international original equipment manufacturers. It carries a full line of products in stainless steel, aluminium, carbon steel, and alloy steels and a limited line of nickel and red metals in various shapes and forms. The company generates substantially all of its revenue from sales of metal products. Geographically, the majority is from the United States.
Executives
Alagu Sundarrajan officer: Chief Information Officer 227 W. MONROE ST., 27TH FLOOR, CHICAGO IL 60606
Edward J. Lehner director, officer: President & CEO C/O RYERSON HOLDING CORPORATION, 227 W. MONROE ST., 27TH FLOOR, CHICAGO IL 60606
Mark S. Silver officer: EVP, GC & Chief HR Officer C/O RYERSON HOLDING CORPORATION, 227 W MONROE ST, 27TH FLOOR, CHICAGO IL 60606
Molly D Kannan officer: CAO & Corporate Controller 227 W MONROE ST 27TH FLOOR, CHICAGO IL 60606
Kirk K Calhoun director 8285 EL RIO STREET, SUITE 130, HOUSTON TX 77054
Carruthers Court D director C/O RYERSON HOLDING CORPORATION, 227 W. MONROE ST., 27TH FLOOR, CHICAGO IL 60606
Stephen P. Larson director C/O RYERSON HOLDING CORPORATION, 227 WEST MONROE, 27TH FLOOR, CHICAGO IL 60606
Platinum Equity Llc 10 percent owner 360 NORTH CRESCENT DRIVE, BEVERLY HILLS CA 90210
James J Claussen officer: Executive Vice President & CFO 227 W. MONROE ST., 27TH FLOOR, CHICAGO IL 60606
John E Orth officer: EVP, Operations 227 W. MONROE ST., 27TH FLOOR, CHICAGO IL 60606
Michael Burbach officer: Chief Operating Officer C/O RYERSON HOLDING CORPORATION, 227 W. MONROE ST., 27TH FLOOR, CHICAGO IL 60606
Tom Gores 10 percent owner C/O PLATINUM EQUITY, 360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210
Ryps, Llc 10 percent owner 360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210
Platinum Equity Partners Ii, Llc 10 percent owner C/O PLATINUM EQUITY, 360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210
Platinum Equity Investment Holdings Ii, Llc 10 percent owner C/O PLATINUM EQUITY, 360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210