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Usinas Siderurgicas de Minas Gerais (BSP:USIM3) Cyclically Adjusted Revenue per Share : R$18.78 (As of Mar. 2024)


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What is Usinas Siderurgicas de Minas Gerais Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Usinas Siderurgicas de Minas Gerais's adjusted revenue per share for the three months ended in Mar. 2024 was R$5.055. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is R$18.78 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Usinas Siderurgicas de Minas Gerais's average Cyclically Adjusted Revenue Growth Rate was 1.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Usinas Siderurgicas de Minas Gerais was 8.40% per year. The lowest was 0.60% per year. And the median was 6.25% per year.

As of today (2024-04-29), Usinas Siderurgicas de Minas Gerais's current stock price is R$7.61. Usinas Siderurgicas de Minas Gerais's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$18.78. Usinas Siderurgicas de Minas Gerais's Cyclically Adjusted PS Ratio of today is 0.41.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Usinas Siderurgicas de Minas Gerais was 1.57. The lowest was 0.33. And the median was 0.70.


Usinas Siderurgicas de Minas Gerais Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Usinas Siderurgicas de Minas Gerais's Cyclically Adjusted Revenue per Share 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.

Usinas Siderurgicas de Minas Gerais Cyclically Adjusted Revenue per Share Chart

Usinas Siderurgicas de Minas Gerais Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.58 14.77 16.95 18.20 18.83

Usinas Siderurgicas de Minas Gerais Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue per Share 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 18.58 18.68 18.75 18.83 18.78

Competitive Comparison of Usinas Siderurgicas de Minas Gerais's Cyclically Adjusted Revenue per Share

For the Steel subindustry, Usinas Siderurgicas de Minas Gerais'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.


Usinas Siderurgicas de Minas Gerais's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Usinas Siderurgicas de Minas Gerais's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Usinas Siderurgicas de Minas Gerais's Cyclically Adjusted PS Ratio falls into.



Usinas Siderurgicas de Minas Gerais Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Usinas Siderurgicas de Minas Gerais'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)
=5.055/156.2729*156.2729
=5.055

Current CPI (Mar. 2024) = 156.2729.

Usinas Siderurgicas de Minas Gerais Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.146 91.838 5.353
201409 2.944 92.602 4.968
201412 2.618 94.194 4.343
201503 2.714 97.799 4.337
201506 2.710 100.006 4.235
201509 2.455 101.392 3.784
201512 2.434 104.247 3.649
201603 2.067 106.979 3.019
201606 2.014 108.851 2.891
201609 1.786 109.986 2.538
201612 1.795 110.802 2.532
201703 1.913 111.869 2.672
201706 2.094 112.115 2.919
201709 2.134 112.777 2.957
201712 2.674 114.068 3.663
201803 2.641 114.868 3.593
201806 2.987 117.038 3.988
201809 3.073 117.881 4.074
201812 3.208 118.340 4.236
201903 2.871 120.124 3.735
201906 2.814 120.977 3.635
201909 2.931 121.292 3.776
201912 3.150 123.436 3.988
202003 3.097 124.092 3.900
202006 1.973 123.557 2.495
202009 3.563 125.095 4.451
202012 4.446 129.012 5.385
202103 5.742 131.660 6.815
202106 7.460 133.871 8.708
202109 8.040 137.913 9.110
202112 6.538 141.992 7.196
202203 6.373 146.537 6.796
202206 6.620 149.784 6.907
202209 6.852 147.800 7.245
202212 6.227 150.207 6.478
202303 5.894 153.352 6.006
202306 5.418 154.519 5.480
202309 5.385 155.464 5.413
202312 5.509 156.273 5.509
202403 5.055 156.273 5.055

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Usinas Siderurgicas de Minas Gerais  (BSP:USIM3) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Usinas Siderurgicas de Minas Gerais's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=7.61/18.78
=0.41

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Usinas Siderurgicas de Minas Gerais was 1.57. The lowest was 0.33. And the median was 0.70.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Usinas Siderurgicas de Minas Gerais Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Usinas Siderurgicas de Minas Gerais's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Usinas Siderurgicas de Minas Gerais (BSP:USIM3) Business Description

Address
Rua Professor Jose Vieira de Mendonca, 3.011 - Engenho Nogueira, Belo Horizonte, MG, BRA, 31310-260
Usinas Siderurgicas de Minas Gerais SA is a Brazil-based company that is primarily engaged in the production and distribution of flat steel products. The company's product portfolio consists of ordinary heavy plates, Sincron series premium heavy plates, hot strips, cold-rolled products, and galvanized products. These products are used in automotive, civil construction, railway, electric, white goods, offshore platforms, and agricultural and construction machinery. The Brazilian domestic market represents the majority of the company's sales, while the United States, Argentina, and Turkey are the three biggest export destination markets for the company.

Usinas Siderurgicas de Minas Gerais (BSP:USIM3) Headlines

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