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POSCO Holdings (BSP:P1KX34) Cyclically Adjusted PS Ratio : 0.43 (As of May. 15, 2024)


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What is POSCO Holdings Cyclically Adjusted PS Ratio?

As of today (2024-05-15), POSCO Holdings's current share price is R$94.50. POSCO Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$218.47. POSCO Holdings's Cyclically Adjusted PS Ratio for today is 0.43.

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

BSP:P1KX34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.37   Max: 0.67
Current: 0.43

During the past years, POSCO Holdings's highest Cyclically Adjusted PS Ratio was 0.67. The lowest was 0.18. And the median was 0.37.

BSP:P1KX34's Cyclically Adjusted PS Ratio is ranked better than
53.09% of 518 companies
in the Steel industry
Industry Median: 0.475 vs BSP:P1KX34: 0.43

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.

POSCO Holdings's adjusted revenue per share data for the three months ended in Mar. 2024 was R$199.553. 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 R$218.47 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


POSCO Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for POSCO Holdings'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.

POSCO Holdings Cyclically Adjusted PS Ratio Chart

POSCO Holdings 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 0.29 0.33 0.32 0.31 0.53

POSCO Holdings 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 0.40 0.42 0.57 0.53 0.45

Competitive Comparison of POSCO Holdings's Cyclically Adjusted PS Ratio

For the Steel subindustry, POSCO Holdings'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.


POSCO Holdings's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

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

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



POSCO Holdings 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.

POSCO Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=94.50/218.47
=0.43

* 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.

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

For example, POSCO Holdings'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)
=199.553/118.8477*118.8477
=199.553

Current CPI (Mar. 2024) = 118.8477.

POSCO Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 114.879 99.353 137.420
201409 115.058 99.608 137.282
201412 122.608 99.098 147.043
201503 133.217 99.720 158.770
201506 132.733 100.050 157.671
201509 144.157 100.110 171.139
201512 147.576 100.220 175.006
201603 121.882 100.560 144.047
201606 118.054 100.790 139.205
201609 116.930 101.460 136.969
201612 131.775 101.560 154.206
201703 129.963 102.850 150.178
201706 136.095 102.610 157.632
201709 130.074 103.490 149.377
201712 143.858 102.990 166.008
201803 151.914 104.100 173.435
201806 173.189 104.130 197.667
201809 188.161 105.650 211.666
201812 181.620 104.350 206.853
201903 169.624 104.490 192.932
201906 167.299 104.880 189.580
201909 172.116 105.200 194.445
201912 179.487 105.120 202.926
202003 182.060 105.540 205.016
202006 184.316 104.870 208.883
202009 206.478 106.200 231.068
202012 227.735 105.765 255.904
202103 263.838 107.357 292.077
202106 270.866 107.579 299.240
202109 303.235 108.759 331.363
202112 319.105 109.676 345.789
202203 276.147 111.806 293.540
202206 288.013 114.083 300.042
202209 261.831 114.831 270.989
202212 250.312 115.200 258.237
202303 228.490 116.550 232.995
202306 248.051 117.140 251.667
202309 231.244 119.111 230.732
202312 230.125 118.848 230.125
202403 199.553 118.848 199.553

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.


POSCO Holdings  (BSP:P1KX34) 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.


POSCO Holdings Cyclically Adjusted PS Ratio Related Terms

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


POSCO Holdings (BSP:P1KX34) Business Description

Traded in Other Exchanges
Address
POSCO Center, 440 Teheran-ro, Gangnam-gu, Seoul, KOR, 06194
POSCO Holdings Inc is a holding company and operates through its subsidiaries. The company's operating segments are 1) Steel Segment includes the production and sale of steel products. 2) Green Infrastructure Business includes the provision of infrastructure and related services. The segment is divided into three operations, Trading Segment consists trading and natural resources development activities. Construction Segment consists planning, designing and construction of industrial plants, civil engineering projects and buildings. The energy and Other Segment consists power generation and information technology and operational technology services. 3) Green Materials and Energy Segment include manufacturing and sale of energy-related and other industrial materials, 4) Others Segment.

POSCO Holdings (BSP:P1KX34) Headlines

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