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Steel Connect (Steel Connect) Cyclically Adjusted PS Ratio : 0.11 (As of May. 28, 2024)


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What is Steel Connect Cyclically Adjusted PS Ratio?

As of today (2024-05-28), Steel Connect's current share price is $11.595. Steel Connect's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was $101.04. Steel Connect's Cyclically Adjusted PS Ratio for today is 0.11.

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

STCN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.11   Max: 0.26
Current: 0.11

During the past years, Steel Connect's highest Cyclically Adjusted PS Ratio was 0.26. The lowest was 0.03. And the median was 0.11.

STCN's Cyclically Adjusted PS Ratio is ranked better than
94.08% of 710 companies
in the Media - Diversified industry
Industry Median: 0.895 vs STCN: 0.11

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.

Steel Connect's adjusted revenue per share data for the three months ended in Jan. 2024 was $1.650. 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 $101.04 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Steel Connect Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Steel Connect'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.

Steel Connect Cyclically Adjusted PS Ratio Chart

Steel Connect Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.04 0.15 0.10 0.09

Steel Connect Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.11 0.09 0.09 0.09 0.09

Competitive Comparison of Steel Connect's Cyclically Adjusted PS Ratio

For the Advertising Agencies subindustry, Steel Connect'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.


Steel Connect's Cyclically Adjusted PS Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Steel Connect's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Steel Connect 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.595/101.04
=0.11

* 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.

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

For example, Steel Connect's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=1.65/130.1244*130.1244
=1.650

Current CPI (Jan. 2024) = 130.1244.

Steel Connect Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 31.402 100.023 40.852
201407 29.665 100.520 38.402
201410 33.640 100.176 43.697
201501 26.800 98.604 35.367
201504 19.159 99.824 24.975
201507 21.480 100.691 27.759
201510 25.440 100.346 32.989
201601 21.584 99.957 28.098
201604 17.247 100.947 22.232
201607 18.172 101.524 23.291
201610 20.592 101.988 26.273
201701 19.920 102.456 25.299
201704 16.545 103.167 20.868
201707 16.860 103.278 21.243
201710 17.315 104.070 21.650
201801 18.144 104.578 22.576
201804 30.126 105.708 37.084
201807 20.053 106.324 24.542
201810 33.072 106.695 40.334
201901 31.586 106.200 38.702
201904 29.493 107.818 35.595
201907 31.089 108.250 37.371
201910 24.433 108.577 29.282
202001 32.679 108.841 39.069
202004 26.778 108.173 32.212
202007 24.888 109.318 29.625
202010 25.627 109.861 30.354
202101 23.480 110.364 27.684
202104 7.410 112.673 8.558
202107 7.081 115.183 8.000
202110 6.865 116.696 7.655
202201 79.187 118.619 86.867
202204 8.038 121.978 8.575
202207 8.254 125.002 8.592
202210 6.112 125.734 6.325
202301 7.875 126.223 8.118
202304 5.472 127.992 5.563
202307 1.459 128.974 1.472
202310 1.586 129.810 1.590
202401 1.650 130.124 1.650

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.


Steel Connect  (NAS:STCN) 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.


Steel Connect Cyclically Adjusted PS Ratio Related Terms

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


Steel Connect (Steel Connect) Business Description

Traded in Other Exchanges
Address
590 Madison Avenue, New York, DE, USA, 10022
Steel Connect Inc is a diversified holding company. The company's operating segment include Direct Marketing and Supply Chain. It generates maximum revenue from the Direct Marketing segment. Geographically, it derives a majority of revenue from the United States and also has a presence in China; Netherlands, and others. The company serves clients in various industries including consumer electronics, communications, computing, software, storage, and retail industries.
Executives
Steel Partners Holdings L.p. other: See Explanation of Responses 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Joseph Richards Martin director C/O LOUISIANA-PACIFIC CORPORATION, 414 UNION STREET, SUITE 2000, NASHVILLE TN 37219
Ryan O'herrin officer: Chief Financial Officer 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022-8547
Webfinancial Holding Corp director, 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Wf Asset Corp. 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Gary Tankard officer: Chief Accounting Officer C/O STEEL PARTNERS HOLDINGS LP, 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Jason Wong officer: Chief Financial Officer 590 MADISON AVENUE, FLOOR 32, C/O STEEL PARTNERS HOLDINGS LP, NEW YORK NY 10022
Renata Simril director 5055 WILSHIRE BOULEVARD, SUITE 500, LOS ANGELES CA 90036
Fawaz Khalil officer: CEO, ModusLink Corporation C/O STEEL CONNECT, INC., 1601 TRAPELO ROAD, SUITE 170, WALTHAM MA 02451
John Ashe officer: CEO,IWCO Direct Holdings, Inc. C/O STEEL CONNECT, INC., 1601 TRAPELO ROAD, SUITE 170, WALTHAM MA 02451
Maria Molland director 1601 TRAPELO ROAD, SUITE 170, WALTHAM MA 02451
Joseph B Sherk officer: Chief Accounting Officer C/O UNITED RENTALS INC, FIVE GREENWICH OFFICE PARK, GREENWICH CT 06830
Douglas Woodworth officer: Chief Financial Officer STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Excel Inc. 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Philip E. Lengyel director C/O MODUSLINK GLOBAL SOLUTIONS, INC., 1601 TRAPELO ROAD, SUITE 170, WALTHAM MA 02451