GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Mercer International Inc (FRA:AEZ) » Definitions » Cyclically Adjusted PS Ratio

Mercer International (FRA:AEZ) Cyclically Adjusted PS Ratio : 0.39 (As of May. 16, 2024)


View and export this data going back to . Start your Free Trial

What is Mercer International Cyclically Adjusted PS Ratio?

As of today (2024-05-16), Mercer International's current share price is €9.50. Mercer International's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €24.19. Mercer International's Cyclically Adjusted PS Ratio for today is 0.39.

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

FRA:AEZ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.49   Max: 0.85
Current: 0.4

During the past years, Mercer International's highest Cyclically Adjusted PS Ratio was 0.85. The lowest was 0.27. And the median was 0.49.

FRA:AEZ's Cyclically Adjusted PS Ratio is ranked better than
63.6% of 250 companies
in the Forest Products industry
Industry Median: 0.595 vs FRA:AEZ: 0.40

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.

Mercer International's adjusted revenue per share data for the three months ended in Mar. 2024 was €7.640. 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 €24.19 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mercer International Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mercer International'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.

Mercer International Cyclically Adjusted PS Ratio Chart

Mercer International 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 0.57 0.49 0.54 0.47 0.36

Mercer International 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 0.39 0.31 0.33 0.36 0.38

Competitive Comparison of Mercer International's Cyclically Adjusted PS Ratio

For the Paper & Paper Products subindustry, Mercer International'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.


Mercer International's Cyclically Adjusted PS Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Mercer International's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Mercer International 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.

Mercer International's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.50/24.19
=0.39

* 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.

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

For example, Mercer International'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)
=7.64/125.4675*125.4675
=7.640

Current CPI (Mar. 2024) = 125.4675.

Mercer International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.262 99.473 4.114
201409 3.625 99.394 4.576
201412 3.543 98.367 4.519
201503 3.678 99.789 4.624
201506 3.671 100.500 4.583
201509 3.725 100.421 4.654
201512 3.369 99.947 4.229
201603 3.512 101.054 4.360
201606 3.004 102.002 3.695
201609 3.254 101.765 4.012
201612 3.220 101.449 3.982
201703 3.477 102.634 4.251
201706 3.881 103.029 4.726
201709 3.920 103.345 4.759
201712 4.354 103.345 5.286
201803 4.550 105.004 5.437
201806 4.516 105.557 5.368
201809 4.311 105.636 5.120
201812 5.490 105.399 6.535
201903 6.498 106.979 7.621
201906 5.723 107.690 6.668
201909 5.279 107.611 6.155
201912 4.544 107.769 5.290
202003 4.830 107.927 5.615
202006 4.606 108.401 5.331
202009 4.293 108.164 4.980
202012 4.974 108.559 5.749
202103 5.237 110.298 5.957
202106 5.028 111.720 5.647
202109 6.022 112.905 6.692
202112 6.928 113.774 7.640
202203 8.103 117.646 8.642
202206 8.131 120.806 8.445
202209 8.082 120.648 8.405
202212 8.239 120.964 8.546
202303 7.368 122.702 7.534
202306 7.363 124.203 7.438
202309 6.637 125.230 6.650
202312 6.491 125.468 6.491
202403 7.640 125.468 7.640

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.


Mercer International  (FRA:AEZ) 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.


Mercer International Cyclically Adjusted PS Ratio Related Terms

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


Mercer International (FRA:AEZ) Business Description

Traded in Other Exchanges
Address
700 West Pender Street, Suite 1120, Vancouver, BC, CAN, V6C 1G8
Mercer International Inc is a forest products company with two reportable operating segments in pulp and solid wood. Pulp segment consists of the manufacture, sale and distribution of pulp, electricity and chemicals. Solid wood segment consists of the manufacture, sale and distribution of lumber, manufactured products wood pallets, electricity, biofuels and wood residuals from sawmills and other facilities located in Germany and the United States. The company has its geographical presence in USA, Germany, China and Other countries. Majority of the revenue is generated from the Pulp segment.

Mercer International (FRA:AEZ) Headlines

No Headlines