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Nucor (FRA:NUO) Cyclically Adjusted PS Ratio : 1.73 (As of Apr. 29, 2024)


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What is Nucor Cyclically Adjusted PS Ratio?

As of today (2024-04-29), Nucor's current share price is €162.56. Nucor's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €93.78. Nucor's Cyclically Adjusted PS Ratio for today is 1.73.

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

FRA:NUO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.46   Med: 0.92   Max: 2.02
Current: 1.73

During the past years, Nucor's highest Cyclically Adjusted PS Ratio was 2.02. The lowest was 0.46. And the median was 0.92.

FRA:NUO's Cyclically Adjusted PS Ratio is ranked worse than
83.01% of 518 companies
in the Steel industry
Industry Median: 0.475 vs FRA:NUO: 1.73

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.

Nucor's adjusted revenue per share data for the three months ended in Mar. 2024 was €30.744. 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 €93.78 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nucor Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Nucor'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.

Nucor Cyclically Adjusted PS Ratio Chart

Nucor 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 0.84 0.78 1.46 1.45 1.74

Nucor 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 1.64 1.69 1.57 1.74 1.95

Competitive Comparison of Nucor's Cyclically Adjusted PS Ratio

For the Steel subindustry, Nucor'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.


Nucor's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

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

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



Nucor 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.

Nucor's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=162.56/93.78
=1.73

* 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.

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

For example, Nucor'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)
=30.744/129.4194*129.4194
=30.744

Current CPI (Mar. 2024) = 129.4194.

Nucor Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 12.170 100.560 15.663
201409 13.812 100.428 17.799
201412 12.664 99.070 16.544
201503 12.684 99.621 16.478
201506 12.106 100.684 15.561
201509 11.732 100.392 15.124
201512 9.897 99.792 12.835
201603 10.450 100.470 13.461
201606 11.824 101.688 15.049
201609 11.945 101.861 15.177
201612 11.707 101.863 14.874
201703 14.019 102.862 17.638
201706 14.337 103.349 17.954
201709 13.523 104.136 16.806
201712 13.449 104.011 16.734
201803 14.092 105.290 17.322
201806 17.316 106.317 21.079
201809 18.239 106.507 22.163
201812 17.835 105.998 21.776
201903 17.565 107.251 21.196
201906 17.055 108.070 20.424
201909 16.269 108.329 19.436
201912 15.196 108.420 18.139
202003 16.803 108.902 19.969
202006 12.685 108.767 15.094
202009 13.788 109.815 16.249
202012 14.233 109.897 16.761
202103 19.484 111.754 22.564
202106 24.519 114.631 27.682
202109 30.109 115.734 33.669
202112 32.437 117.630 35.688
202203 35.017 121.301 37.361
202206 42.309 125.017 43.799
202209 40.866 125.227 42.234
202212 32.046 125.222 33.120
202303 31.978 127.348 32.498
202306 35.086 128.729 35.274
202309 33.035 129.860 32.923
202312 28.475 129.419 28.475
202403 30.744 129.419 30.744

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.


Nucor  (FRA:NUO) 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.


Nucor Cyclically Adjusted PS Ratio Related Terms

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


Nucor (FRA:NUO) Business Description

Industry
Traded in Other Exchanges
Address
1915 Rexford Road, Charlotte, NC, USA, 28211
Nucor Corp manufactures steel and steel products. The company also produces direct reduced iron for use in its steel mills. The operations include international trading and sales companies that buy and sell steel and steel products manufactured by the company and others. The operating business segments are: steel mills, steel products, and raw materials, the steel mills segment derives maximum revenue. The steel mills segment includes carbon and alloy steel in sheet, bars, structural and plate; steel trading businesses; rebar distribution businesses; and Nucor's equity method investments in NuMit and NJSM.

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