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Olin (OLN) Cyclically Adjusted PS Ratio : 1.11 (As of Apr. 28, 2024)


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What is Olin Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Olin's current share price is $53.48. Olin's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $48.07. Olin's Cyclically Adjusted PS Ratio for today is 1.11.

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

OLN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.29   Med: 1.01   Max: 1.68
Current: 1.11

During the past years, Olin's highest Cyclically Adjusted PS Ratio was 1.68. The lowest was 0.29. And the median was 1.01.

OLN's Cyclically Adjusted PS Ratio is ranked better than
52.77% of 1190 companies
in the Chemicals industry
Industry Median: 1.18 vs OLN: 1.11

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.

Olin's adjusted revenue per share data for the three months ended in Dec. 2023 was $13.084. 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 $48.07 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Olin Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Olin'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.

Olin Cyclically Adjusted PS Ratio Chart

Olin 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 0.52 0.71 1.44 1.17 1.12

Olin 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 1.17 1.19 1.09 1.04 1.12

Competitive Comparison of Olin's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Olin'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.


Olin's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

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

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



Olin 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=53.48/48.07
=1.11

* 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.

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

For example, Olin'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)
=13.084/129.4194*129.4194
=13.084

Current CPI (Dec. 2023) = 129.4194.

Olin Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 7.173 99.695 9.312
201406 7.130 100.560 9.176
201409 7.467 100.428 9.623
201412 6.343 99.070 8.286
201503 6.599 99.621 8.573
201506 6.803 100.684 8.745
201509 6.815 100.392 8.786
201512 7.677 99.792 9.956
201603 8.166 100.470 10.519
201606 8.257 101.688 10.509
201609 8.725 101.861 11.086
201612 8.388 101.863 10.657
201703 9.334 102.862 11.744
201706 9.190 103.349 11.508
201709 9.228 104.136 11.469
201712 9.563 104.011 11.899
201803 10.108 105.290 12.425
201806 10.239 106.317 12.464
201809 11.106 106.507 13.495
201812 9.796 105.998 11.961
201903 9.352 107.251 11.285
201906 9.677 108.070 11.589
201909 9.684 108.329 11.569
201912 8.774 108.420 10.473
202003 9.031 108.902 10.733
202006 7.861 108.767 9.354
202009 9.104 109.815 10.729
202012 10.456 109.897 12.313
202103 11.933 111.754 13.819
202106 13.561 114.631 15.310
202109 14.278 115.734 15.966
202112 14.910 117.630 16.404
202203 15.520 121.301 16.559
202206 17.121 125.017 17.724
202209 16.089 125.227 16.628
202212 14.295 125.222 14.774
202303 13.722 127.348 13.945
202306 13.058 128.729 13.128
202309 13.161 129.860 13.116
202312 13.084 129.419 13.084

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.


Olin  (NYSE:OLN) 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.


Olin Cyclically Adjusted PS Ratio Related Terms

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


Olin (OLN) Business Description

Industry
Traded in Other Exchanges
Address
190 Carondelet Plaza, Suite 1530, Clayton, MO, USA, 63105
Olin Corp manufactures and sells a variety of chemicals and chemical-based products. The company organizes itself into three segments based on the product type. The Chlor alkali products and Vinyls segment, which generates the majority of revenue, sells chlorine and caustic soda, which are used in a variety of industries including cosmetics, textiles, crop protection, and fire protection products. The Epoxy segment sells epoxy resins used in paints and coatings. The Winchester segment sells sporting ammunition and ammunition accessories under the Winchester brand. The majority of revenue comes from the United States.
Executives
Damian Gumpel officer: VP & Pres, CAPV C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
Brett A Flaugher officer: VP & Pres, Winchester C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
Valerie A Peters officer: VP, HR C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
Julie A Piggott director 500 N AKARD ST. SUITE 400, DALLAS TX 75201
Heidi S Alderman director C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
James A Varilek officer: EVP & COO C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
R Nichole Sumner officer: VP & Controller OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
Scott D. Ferguson director 250 WEST 55TH STREET, 34TH FLOOR, NEW YORK NY 10019
C Robert Bunch director C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
Patrick Murphy Schumacher officer: VP & President, CAPV C/O OLIN CORPORATION, 190 CARONDELET PLZ, SUITE 1530, CLAYTON MO 63105
Dana C. O'brien officer: Senior VP, GC & Secretary 1111 LOUISIANA STREET, HOUSTON TX 77002
Pat D Dawson officer: EVP-Pres, Intl & Corp Strategy C/O OLIN CORPORATION, 190 CARONDELET PLAZA, SUITE 1530, CLAYTON MO 63105
W Anthony Will director C/O CF INDUSTRIES HOLDINGS, INC., 4 PARKWAY NORTH, SUITE 400, DEERFIELD IL 60015
Matthew S Darnall director C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
Teresa M Vermillion officer: VP & Treasurer C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105