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Companhia Siderurgica Nacional (Companhia Siderurgica Nacional) Cyclically Adjusted PS Ratio : 0.54 (As of May. 20, 2024)


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What is Companhia Siderurgica Nacional Cyclically Adjusted PS Ratio?

As of today (2024-05-20), Companhia Siderurgica Nacional's current share price is $2.76. Companhia Siderurgica Nacional's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $5.10. Companhia Siderurgica Nacional's Cyclically Adjusted PS Ratio for today is 0.54.

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

SID' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.71   Max: 2.87
Current: 0.53

During the past years, Companhia Siderurgica Nacional's highest Cyclically Adjusted PS Ratio was 2.87. The lowest was 0.25. And the median was 0.71.

SID's Cyclically Adjusted PS Ratio is ranked worse than
52.51% of 518 companies
in the Steel industry
Industry Median: 0.48 vs SID: 0.53

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.

Companhia Siderurgica Nacional's adjusted revenue per share data for the three months ended in Dec. 2023 was $1.848. 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 $5.10 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Companhia Siderurgica Nacional Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Companhia Siderurgica Nacional'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.

Companhia Siderurgica Nacional Cyclically Adjusted PS Ratio Chart

Companhia Siderurgica Nacional 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 0.90 1.89 1.25 0.63 0.77

Companhia Siderurgica Nacional Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.63 0.64 0.49 0.49 0.77

Competitive Comparison of Companhia Siderurgica Nacional's Cyclically Adjusted PS Ratio

For the Steel subindustry, Companhia Siderurgica Nacional'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.


Companhia Siderurgica Nacional's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

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

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



Companhia Siderurgica Nacional 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.

Companhia Siderurgica Nacional's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.76/5.1
=0.54

* 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.

Companhia Siderurgica Nacional's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Companhia Siderurgica Nacional's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.848/157.1481*157.1481
=1.848

Current CPI (Dec. 2023) = 157.1481.

Companhia Siderurgica Nacional Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.290 90.447 2.241
201406 1.256 91.838 2.149
201409 1.196 92.602 2.030
201412 1.064 94.194 1.775
201503 0.717 97.799 1.152
201506 0.873 100.006 1.372
201509 0.743 101.392 1.152
201512 0.698 104.247 1.052
201603 0.394 106.979 0.579
201606 0.896 108.851 1.294
201609 0.990 109.986 1.415
201612 0.993 110.802 1.408
201703 1.039 111.869 1.460
201706 0.964 112.115 1.351
201709 1.131 112.777 1.576
201712 1.117 114.068 1.539
201803 1.138 114.868 1.557
201806 1.097 117.038 1.473
201809 1.091 117.881 1.454
201812 1.129 118.340 1.499
201903 1.133 120.124 1.482
201906 1.297 120.977 1.685
201909 1.056 121.292 1.368
201912 1.152 123.436 1.467
202003 0.791 124.092 1.002
202006 0.869 123.557 1.105
202009 1.169 125.095 1.469
202012 1.379 129.012 1.680
202103 1.532 131.660 1.829
202106 2.218 133.871 2.604
202109 1.464 137.913 1.668
202112 1.366 141.992 1.512
202203 1.779 146.537 1.908
202206 1.578 149.784 1.656
202209 1.567 147.800 1.666
202212 1.600 150.207 1.674
202303 1.639 153.352 1.680
202306 1.707 154.519 1.736
202309 1.699 155.464 1.717
202312 1.848 157.148 1.848

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.


Companhia Siderurgica Nacional  (NYSE:SID) 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.


Companhia Siderurgica Nacional Cyclically Adjusted PS Ratio Related Terms

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


Companhia Siderurgica Nacional (Companhia Siderurgica Nacional) Business Description

Traded in Other Exchanges
Address
Avenue Brigadeiro Faria Lima, 3400, 20th Floor, Sao Paulo, SP, BRA, 04538-132
Companhia Siderurgica Nacional is an integrated steel producer. The company operate throughout the entire steel production chain, from the mining of iron ore to the production and sale of a diversified range of steel products. It operates in five segments namely, Steel, Mining, Logistics, Energy, and Cement. It generates maximum revenue from the steel segment. Geographically, it derives a majority of revenue from Asia.