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S AL Steel (BOM:532604) Cyclically Adjusted PS Ratio : 0.28 (As of Jun. 07, 2024)


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What is S AL Steel Cyclically Adjusted PS Ratio?

As of today (2024-06-07), S AL Steel's current share price is ₹19.06. S AL Steel's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹67.48. S AL Steel's Cyclically Adjusted PS Ratio for today is 0.28.

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

BOM:532604' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.17   Max: 0.45
Current: 0.28

During the past years, S AL Steel's highest Cyclically Adjusted PS Ratio was 0.45. The lowest was 0.02. And the median was 0.17.

BOM:532604's Cyclically Adjusted PS Ratio is ranked better than
69.73% of 522 companies
in the Steel industry
Industry Median: 0.48 vs BOM:532604: 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.

S AL Steel's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹25.416. 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 ₹67.48 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


S AL Steel Cyclically Adjusted PS Ratio Historical Data

The historical data trend for S AL Steel'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.

S AL Steel Cyclically Adjusted PS Ratio Chart

S AL Steel Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.05 0.16 0.21 0.31

S AL Steel Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.21 0.24 0.25 0.37 0.31

Competitive Comparison of S AL Steel's Cyclically Adjusted PS Ratio

For the Steel subindustry, S AL Steel'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.


S AL Steel's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

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

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



S AL Steel 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.

S AL Steel's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=19.06/67.48
=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.

S AL Steel's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, S AL Steel'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)
=25.416/153.0345*153.0345
=25.416

Current CPI (Mar. 2024) = 153.0345.

S AL Steel Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 11.360 94.103 18.474
201409 9.856 96.780 15.585
201412 10.884 96.780 17.210
201503 11.067 97.163 17.431
201506 11.762 99.841 18.029
201509 8.381 101.753 12.605
201512 10.714 102.901 15.934
201603 8.796 102.518 13.130
201606 10.035 105.961 14.493
201609 10.876 105.961 15.708
201612 11.376 105.196 16.549
201703 10.176 105.196 14.804
201706 11.148 107.109 15.928
201709 12.959 109.021 18.191
201712 15.818 109.404 22.126
201803 16.728 109.786 23.318
201806 18.676 111.317 25.675
201809 17.899 115.142 23.789
201812 15.559 115.142 20.679
201903 14.880 118.202 19.265
201906 14.520 120.880 18.382
201909 10.460 123.175 12.996
201912 10.837 126.235 13.138
202003 11.518 124.705 14.135
202006 3.716 127.000 4.478
202009 9.408 130.118 11.065
202012 9.856 130.889 11.524
202103 13.721 131.771 15.935
202106 12.888 134.084 14.709
202109 9.858 135.847 11.105
202112 18.136 138.161 20.088
202203 21.541 138.822 23.746
202206 16.956 142.347 18.229
202209 15.879 144.661 16.798
202212 16.651 145.763 17.482
202303 13.023 146.865 13.570
202306 15.324 150.280 15.605
202309 22.429 151.492 22.657
202312 14.844 152.924 14.855
202403 25.416 153.035 25.416

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.


S AL Steel  (BOM:532604) 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.


S AL Steel Cyclically Adjusted PS Ratio Related Terms

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


S AL Steel (BOM:532604) Business Description

Industry
Traded in Other Exchanges
Address
Sola - Kalol Road, Shah Alloys Corporate House, Village Santej, Taluka Kalol, Gandhinagar, GJ, IND, 382721
S AL Steel Ltd is versatile steel, Ferro Alloys, and Power company. The company is generating approximately 40 MW of Power from waste heat recovery Boiler and Fluidized Bed Combustion boiler with economic price. Its segments include Iron and steel, and Power. Geographically, it derives a majority of its revenue from India.

S AL Steel (BOM:532604) Headlines

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