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Alcomet AD (XBUL:ALCM) Cyclically Adjusted PS Ratio : 0.28 (As of May. 28, 2024)


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What is Alcomet AD Cyclically Adjusted PS Ratio?

As of today (2024-05-28), Alcomet AD's current share price is лв6.80. Alcomet AD's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec22 was лв24.51. Alcomet AD's Cyclically Adjusted PS Ratio for today is 0.28.

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

XBUL:ALCM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.41   Max: 1.34
Current: 0.28

During the past 13 years, Alcomet AD's highest Cyclically Adjusted PS Ratio was 1.34. The lowest was 0.27. And the median was 0.41.

XBUL:ALCM's Cyclically Adjusted PS Ratio is ranked better than
86.45% of 583 companies
in the Metals & Mining industry
Industry Median: 1.31 vs XBUL:ALCM: 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.

Alcomet AD's adjusted revenue per share data of for the fiscal year that ended in Dec22 was лв38.402. 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 лв24.51 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alcomet AD Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Alcomet AD'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.

Alcomet AD Cyclically Adjusted PS Ratio Chart

Alcomet AD Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.71 0.41 0.36 0.36 0.33

Alcomet AD Semi-Annual Data
Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
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 0.71 0.41 0.36 0.36 0.33

Competitive Comparison of Alcomet AD's Cyclically Adjusted PS Ratio

For the Aluminum subindustry, Alcomet AD'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.


Alcomet AD's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Alcomet AD's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Alcomet AD 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.

Alcomet AD's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.80/24.51
=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.

Alcomet AD's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Alcomet AD's adjusted Revenue per Share data for the fiscal year that ended in Dec22 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=38.402/125.2218*125.2218
=38.402

Current CPI (Dec22) = 125.2218.

Alcomet AD Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201312 15.578 98.326 19.839
201412 16.350 99.070 20.666
201512 18.110 99.792 22.725
201612 17.256 101.863 21.213
201712 19.767 104.011 23.798
201812 20.183 105.998 23.843
201912 19.339 108.420 22.336
202012 19.165 109.897 21.838
202112 28.626 117.630 30.474
202212 38.402 125.222 38.402

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.


Alcomet AD  (XBUL:ALCM) 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.


Alcomet AD Cyclically Adjusted PS Ratio Related Terms

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


Alcomet AD (XBUL:ALCM) Business Description

Traded in Other Exchanges
N/A
Address
Second Industrial Zone, Shumen, BGR, 9700
Alcomet AD is a Bulgaria-based company, which is primarily engaged in the production of aluminium extruded and rolled products. Its operation includes production and sale of castings, rolled and extruded aluminum products, used in machine building, construction, food industry, among others. The company offers its product under various categories namely foundry, rolled, press and packaging products. Its product range includes cast billets and coils, aluminum sheets, strips and foils, extruded profiles, bars and tubes, as well as powder coating sheets, and tubes. Alcomet products sold in both Bulgarian and overseas market.

Alcomet AD (XBUL:ALCM) Headlines

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