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Metisa Metalurgica Timboense (BSP:MTSA3) Cyclically Adjusted PS Ratio : 1.58 (As of May. 15, 2024)


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What is Metisa Metalurgica Timboense Cyclically Adjusted PS Ratio?

As of today (2024-05-15), Metisa Metalurgica Timboense's current share price is R$78.95. Metisa Metalurgica Timboense's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was R$50.05. Metisa Metalurgica Timboense's Cyclically Adjusted PS Ratio for today is 1.58.

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

BSP:MTSA3' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.69   Med: 1.55   Max: 1.82
Current: 1.58

During the past years, Metisa Metalurgica Timboense's highest Cyclically Adjusted PS Ratio was 1.82. The lowest was 0.69. And the median was 1.55.

BSP:MTSA3's Cyclically Adjusted PS Ratio is ranked worse than
67.84% of 171 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1 vs BSP:MTSA3: 1.58

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.

Metisa Metalurgica Timboense's adjusted revenue per share data for the three months ended in Dec. 2023 was R$10.594. 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 R$50.05 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Metisa Metalurgica Timboense Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Metisa Metalurgica Timboense'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.

Metisa Metalurgica Timboense Cyclically Adjusted PS Ratio Chart

Metisa Metalurgica Timboense 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 0.70 1.01 1.62 1.49 1.58

Metisa Metalurgica Timboense 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 1.49 1.55 1.52 1.55 1.58

Competitive Comparison of Metisa Metalurgica Timboense's Cyclically Adjusted PS Ratio

For the Farm & Heavy Construction Machinery subindustry, Metisa Metalurgica Timboense'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.


Metisa Metalurgica Timboense's Cyclically Adjusted PS Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Metisa Metalurgica Timboense's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Metisa Metalurgica Timboense's Cyclically Adjusted PS Ratio falls into.



Metisa Metalurgica Timboense 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.

Metisa Metalurgica Timboense's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=78.95/50.05
=1.58

* 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.

Metisa Metalurgica Timboense's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Metisa Metalurgica Timboense'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)
=10.594/156.2729*156.2729
=10.594

Current CPI (Dec. 2023) = 156.2729.

Metisa Metalurgica Timboense Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 5.901 90.447 10.196
201406 6.740 91.838 11.469
201409 7.448 92.602 12.569
201412 5.613 94.194 9.312
201503 6.337 97.799 10.126
201506 6.713 100.006 10.490
201509 6.415 101.392 9.887
201512 4.185 104.247 6.274
201603 5.180 106.979 7.567
201606 6.785 108.851 9.741
201609 6.435 109.986 9.143
201612 4.479 110.802 6.317
201703 5.458 111.869 7.624
201706 6.553 112.115 9.134
201709 7.416 112.777 10.276
201712 5.872 114.068 8.045
201803 6.059 114.868 8.243
201806 7.853 117.038 10.486
201809 8.625 117.881 11.434
201812 6.005 118.340 7.930
201903 6.943 120.124 9.032
201906 8.322 120.977 10.750
201909 8.746 121.292 11.268
201912 6.507 123.436 8.238
202003 7.559 124.092 9.519
202006 9.573 123.557 12.108
202009 11.753 125.095 14.682
202012 10.837 129.012 13.127
202103 11.877 131.660 14.097
202106 16.198 133.871 18.909
202109 19.405 137.913 21.988
202112 15.428 141.992 16.980
202203 19.281 146.537 20.562
202206 24.355 149.784 25.410
202209 24.733 147.800 26.151
202212 17.959 150.207 18.684
202303 17.584 153.352 17.919
202306 18.225 154.519 18.432
202309 15.746 155.464 15.828
202312 10.594 156.273 10.594

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.


Metisa Metalurgica Timboense  (BSP:MTSA3) 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.


Metisa Metalurgica Timboense Cyclically Adjusted PS Ratio Related Terms

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


Metisa Metalurgica Timboense (BSP:MTSA3) Business Description

Traded in Other Exchanges
Address
Rua Fritz Lorenz, 2442, Distrito Industrial - PO Box: 11, Timbo, SC, BRA, 89120000
Metisa Metalurgica Timboense SA manufactures and markets steel parts for industrial and agricultural equipment. Its products include parts for agricultural equipment, tractors, railways, blades for the construction sector, and hand tools, among others. It offers agricultural disc blades and implements for a range of equipment, including sugar-alcohol sector; stone saw blades; blades and edges, teeth, adapters and tips, track shoes, and grouser bars for tractors, bulldozers, scrapers, excavators, earth movers, motor graders; and railroad accessories, such as tie plates, joint bars, metallic cores, and steel sleepers for the construction of permanent ways. The company also provides hand tools comprising shovels, spades, picks, post hole diggers, and hoes.

Metisa Metalurgica Timboense (BSP:MTSA3) Headlines

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