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Ferroglobe (Ferroglobe) Cyclically Adjusted PS Ratio : 0.40 (As of Apr. 27, 2024)


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What is Ferroglobe Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Ferroglobe's current share price is $5.23. Ferroglobe's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was $12.97. Ferroglobe's Cyclically Adjusted PS Ratio for today is 0.40.

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

GSM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.37   Max: 0.49
Current: 0.4

During the past 11 years, Ferroglobe's highest Cyclically Adjusted PS Ratio was 0.49. The lowest was 0.32. And the median was 0.37.

GSM's Cyclically Adjusted PS Ratio is ranked better than
79.97% of 584 companies
in the Metals & Mining industry
Industry Median: 1.315 vs GSM: 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.

Ferroglobe's adjusted revenue per share data of for the fiscal year that ended in Dec23 was $8.671. 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 $12.97 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ferroglobe Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ferroglobe'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.

Ferroglobe Cyclically Adjusted PS Ratio Chart

Ferroglobe 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 - - - 0.28 0.50

Ferroglobe 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 0.28 - - - 0.50

Competitive Comparison of Ferroglobe's Cyclically Adjusted PS Ratio

For the Other Industrial Metals & Mining subindustry, Ferroglobe'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.


Ferroglobe's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Ferroglobe's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Ferroglobe 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.23/12.97
=0.40

* 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.

Ferroglobe's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Ferroglobe's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=8.671/130.0000*130.0000
=8.671

Current CPI (Dec23) = 130.0000.

Ferroglobe Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 14.448 99.900 18.801
201512 13.206 100.400 17.099
201612 9.172 102.200 11.667
201712 10.074 105.000 12.473
201812 13.071 107.100 15.866
201912 9.549 108.500 11.441
202012 6.761 109.400 8.034
202112 10.078 114.700 11.422
202212 13.700 125.300 14.214
202312 8.671 130.000 8.671

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.


Ferroglobe  (NAS:GSM) 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.


Ferroglobe Cyclically Adjusted PS Ratio Related Terms

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


Ferroglobe (Ferroglobe) Business Description

Traded in Other Exchanges
Address
13 Chesterfield Street, London, GBR, W1J 5JN
Ferroglobe PLC provides silicon-based alloys and specialty metals. It produces silicon metal and silicon and manganese-based alloy, serving customers in the specialty chemical, aluminum, solar, steel and ductile iron foundry industries. The company's business segments include North America - Silicon; Europe - Manganese; Europe - Silicon; South Africa - Silicon and Other segments The primary raw materials company uses to produce its electrometallurgy products includes its coal and quartz mining operations and its silicon metal and ferroalloy production.