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BlueScope Steel (OTCPK:BLSFF) PE Ratio without NRI

: 5.10 (As of Today)
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The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. As of today (2023-04-02), BlueScope Steel's share price is $13.01. BlueScope Steel's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2022 was $2.55. Therefore, BlueScope Steel's PE Ratio without NRI for today is 5.10.

During the past 13 years, BlueScope Steel's highest PE Ratio without NRI was 114.44. The lowest was 2.68. And the median was 10.08.

BlueScope Steel's EPS without NRI for the six months ended in Dec. 2022 was $0.86. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2022 was $2.55.

As of today (2023-04-02), BlueScope Steel's share price is $13.01. BlueScope Steel's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2022 was $. Therefore, BlueScope Steel's PE Ratio for today is N/A.

During the past years, BlueScope Steel's highest PE Ratio was 119.89. The lowest was 2.68. And the median was 9.95.

BlueScope Steel's EPS (Diluted)for the six months ended in Dec. 2022 was $0.86. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Dec. 2022 was $0.00.

BlueScope Steel's EPS (Basic) for the six months ended in Dec. 2022 was $0.87. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2022 was $2.57.


BlueScope Steel PE Ratio without NRI Historical Data

The historical data trend for BlueScope Steel's PE Ratio without NRI 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.

BlueScope Steel Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
PE Ratio without NRI
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.15 6.39 59.04 9.43 2.81

BlueScope Steel Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
PE Ratio without NRI 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 Premium Member Only Premium Member Only Premium Member Only N/A 9.43 At Loss 2.81 At Loss

Competitive Comparison

For the Steel subindustry, BlueScope Steel's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI 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.

   

BlueScope Steel PE Ratio without NRI Distribution

For the Steel industry and Basic Materials sector, BlueScope Steel's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where BlueScope Steel's PE Ratio without NRI falls in comparison to its industry or sector. The grey bar indicates the PE Ratio without NRI's extreme value range as defined by GuruFocus.



BlueScope Steel PE Ratio without NRI Calculation

The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. Regular PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than regular PE Ratio.

BlueScope Steel's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=13.01/2.551
=5.1

BlueScope Steel's Share Price of today is $13.01.
For company reported semi-annually, BlueScope Steel's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was $2.55.

* 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.

There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio, Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

In the calculation of PE Ratio, the earnings per share used are the earnings per share over the past 12 months.

For Forward PE Ratio, the earnings are the expected earnings for the next twelve months.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.


BlueScope Steel  (OTCPK:BLSFF) PE Ratio without NRI Explanation

The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio without NRI measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio.


BlueScope Steel PE Ratio without NRI Related Terms

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BlueScope Steel (OTCPK:BLSFF) Business Description

BlueScope Steel logo
Traded in Other Exchanges
Address
120 Collins Street, Level 11, Melbourne, VIC, AUS, 3000
BlueScope is an Australian-based steelmaking firm with five steel related business units. The Australian Steel Products segment mainly specialises in a range of high-value coated and painted flat steel products for the domestic market. North Star is the group's U.S. mini-mill specialising in the production of hot rolled coil for the U.S. construction and automotive sectors. Building Products Asia and North America comprise operations across Southeast Asia, China, India, and the U.S. West Coast involved in in metal-coating, painting, and roll-forming. New Zealand Steel and the Pacific Islands business has steel operations across New Zealand and the Pacific. The Buildings North America segment specialises in nonresidential buildings, including materials manufacturing and support services.

BlueScope Steel (OTCPK:BLSFF) Headlines