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Nucor (BUE:NUE) Cyclically Adjusted PS Ratio : 1.87 (As of Jun. 06, 2024)


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What is Nucor Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Nucor's current share price is ARS13088.00. Nucor's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ARS7,011.04. Nucor's Cyclically Adjusted PS Ratio for today is 1.87.

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

BUE:NUE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.46   Med: 0.92   Max: 2.02
Current: 1.56

During the past years, Nucor's highest Cyclically Adjusted PS Ratio was 2.02. The lowest was 0.46. And the median was 0.92.

BUE:NUE's Cyclically Adjusted PS Ratio is ranked worse than
82.57% of 522 companies
in the Steel industry
Industry Median: 0.48 vs BUE:NUE: 1.56

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.

Nucor's adjusted revenue per share data for the three months ended in Mar. 2024 was ARS14,077.160. 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 ARS7,011.04 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nucor Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Nucor'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.

Nucor Cyclically Adjusted PS Ratio Chart

Nucor 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 0.84 0.78 1.46 1.45 1.74

Nucor 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 1.64 1.69 1.57 1.74 1.92

Competitive Comparison of Nucor's Cyclically Adjusted PS Ratio

For the Steel subindustry, Nucor'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.


Nucor's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

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

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



Nucor 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.

Nucor's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13088.00/7011.04
=1.87

* 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.

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

For example, Nucor'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)
=14077.16/131.7762*131.7762
=14,077.160

Current CPI (Mar. 2024) = 131.7762.

Nucor Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 67.176 100.560 88.029
201409 74.927 100.428 98.315
201412 66.764 99.070 88.805
201503 60.536 99.621 80.075
201506 61.731 100.684 80.794
201509 61.903 100.392 81.255
201512 69.769 99.792 92.130
201603 84.972 100.470 111.449
201606 92.863 101.688 120.340
201609 99.986 101.861 129.351
201612 97.882 101.863 126.627
201703 115.579 102.862 148.068
201706 132.806 103.349 169.335
201709 141.223 104.136 178.708
201712 151.955 104.011 192.518
201803 175.050 105.290 219.086
201806 252.248 106.317 312.653
201809 391.584 106.507 484.490
201812 382.528 105.998 475.557
201903 387.911 107.251 476.617
201906 430.503 108.070 524.940
201909 501.029 108.329 609.472
201912 504.636 108.420 613.346
202003 576.200 108.902 697.230
202006 488.965 108.767 592.402
202009 602.838 109.815 723.396
202012 704.545 109.897 844.813
202103 1,044.738 111.754 1,231.912
202106 1,399.187 114.631 1,608.456
202109 1,731.788 115.734 1,971.831
202112 1,850.762 117.630 2,073.344
202203 2,070.397 121.301 2,249.190
202206 2,690.798 125.017 2,836.284
202209 2,811.048 125.227 2,958.074
202212 2,845.613 125.222 2,994.559
202303 3,381.833 127.348 3,499.433
202306 4,561.602 128.729 4,669.593
202309 6,168.885 129.860 6,259.936
202312 5,605.023 129.419 5,707.094
202403 14,077.160 131.776 14,077.160

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.


Nucor  (BUE:NUE) 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.


Nucor Cyclically Adjusted PS Ratio Related Terms

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


Nucor (BUE:NUE) Business Description

Industry
Address
1915 Rexford Road, Charlotte, NC, USA, 28211
Nucor Corp manufactures steel and steel products. The company also produces direct reduced iron for use in its steel mills. The operations include international trading and sales companies that buy and sell steel and steel products manufactured by the company and others. The operating business segments are: steel mills, steel products, and raw materials, the steel mills segment derives maximum revenue. The steel mills segment includes carbon and alloy steel in sheet, bars, structural and plate; steel trading businesses; rebar distribution businesses; and Nucor's equity method investments in NuMit and NJSM.

Nucor (BUE:NUE) Headlines

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