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voestalpine AG (voestalpine AG) Cyclically Adjusted PS Ratio : 0.28 (As of Apr. 27, 2024)


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What is voestalpine AG Cyclically Adjusted PS Ratio?

As of today (2024-04-27), voestalpine AG's current share price is $27.6883. voestalpine AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $97.23. voestalpine AG's Cyclically Adjusted PS Ratio for today is 0.28.

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

VLPNF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.34   Max: 0.62
Current: 0.28

During the past years, voestalpine AG's highest Cyclically Adjusted PS Ratio was 0.62. The lowest was 0.19. And the median was 0.34.

VLPNF's Cyclically Adjusted PS Ratio is ranked better than
69.88% of 518 companies
in the Steel industry
Industry Median: 0.47 vs VLPNF: 0.28

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.

voestalpine AG's adjusted revenue per share data for the three months ended in Dec. 2023 was $22.826. 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 $97.23 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


voestalpine AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for voestalpine AG'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.

voestalpine AG Cyclically Adjusted PS Ratio Chart

voestalpine AG Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.25 0.48 0.35 0.36

voestalpine AG 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 0.29 0.36 0.37 0.29 0.32

Competitive Comparison of voestalpine AG's Cyclically Adjusted PS Ratio

For the Steel subindustry, voestalpine AG'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.


voestalpine AG's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

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

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



voestalpine AG 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.

voestalpine AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=27.6883/97.23
=0.28

* 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.

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

For example, voestalpine AG'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)
=22.826/132.0288*132.0288
=22.826

Current CPI (Dec. 2023) = 132.0288.

voestalpine AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 22.525 99.044 30.027
201406 22.277 99.496 29.561
201409 20.481 99.586 27.153
201412 19.145 99.676 25.359
201503 18.413 99.992 24.312
201506 19.282 100.492 25.333
201509 17.727 100.292 23.337
201512 16.155 100.692 21.183
201603 17.135 100.692 22.468
201606 17.888 101.092 23.362
201609 16.751 101.192 21.856
201612 16.283 102.092 21.058
201703 19.553 102.592 25.163
201706 20.786 102.991 26.646
201709 20.502 103.591 26.130
201712 21.118 104.291 26.735
201803 24.157 104.491 30.523
201806 22.925 105.091 28.801
201809 21.370 105.691 26.695
201812 21.393 106.291 26.573
201903 22.957 106.391 28.489
201906 21.374 106.791 26.425
201909 18.012 106.991 22.227
201912 18.879 108.091 23.060
202003 19.448 108.024 23.770
202006 15.317 107.915 18.740
202009 17.875 108.348 21.782
202012 19.369 109.321 23.392
202103 19.687 110.186 23.590
202106 22.842 110.943 27.183
202109 22.455 111.916 26.490
202112 23.547 113.971 27.278
202203 27.210 117.647 30.536
202206 27.500 120.567 30.114
202209 26.113 123.811 27.846
202212 27.193 125.541 28.598
202303 27.720 128.461 28.490
202306 27.243 130.191 27.628
202309 25.156 131.272 25.301
202312 22.826 132.029 22.826

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.


voestalpine AG  (OTCPK:VLPNF) 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.


voestalpine AG Cyclically Adjusted PS Ratio Related Terms

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voestalpine AG (voestalpine AG) Business Description

Industry
Address
Voestalpine-Strasse 1, Linz, AUT, 4020
voestalpine AG is an Austria-based holding company engaged in the manufacturing, processing and development of steel products. The company is divided into four divisions. The Steel Division is involved in the production of steel products and the casting of large turbines. The High-Performance metals Division provides metals for the automotive, consumer goods, power generation, energy and aviation sectors. The Metal Engineering division produces rails, turnout systems, track-based monitoring systems, specially treated wire and others. The Metal Forming Division provides customized special and precision sections, as well as solutions for systems in the construction, cab construction for commercial vehicles, and aviation sectors. The company generates its revenue from the European Union.

voestalpine AG (voestalpine AG) Headlines