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Novolipetsk Steel PJSC (XKAZ:RU_NLMK) Cyclically Adjusted PS Ratio : (As of Jun. 08, 2024)


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What is Novolipetsk Steel PJSC Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Novolipetsk Steel PJSC Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Novolipetsk Steel PJSC'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.

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Novolipetsk Steel PJSC Cyclically Adjusted PS Ratio Chart

Novolipetsk Steel PJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PS Ratio
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Novolipetsk Steel PJSC Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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Competitive Comparison of Novolipetsk Steel PJSC's Cyclically Adjusted PS Ratio

For the Steel subindustry, Novolipetsk Steel PJSC'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.


Novolipetsk Steel PJSC's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

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

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



Novolipetsk Steel PJSC 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.

Novolipetsk Steel PJSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2021 is calculated as:

For example, Novolipetsk Steel PJSC's adjusted Revenue per Share data for the three months ended in Dec. 2021 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2021 (Change)*Current CPI (Dec. 2021)
=336.889/207.2000*207.2000
=336.889

Current CPI (Dec. 2021) = 207.2000.

Novolipetsk Steel PJSC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201203 90.622 111.700 168.101
201206 96.102 113.600 175.285
201209 88.740 115.700 158.919
201212 83.093 117.300 146.776
201303 85.019 119.500 147.414
201306 84.623 121.400 144.431
201309 82.294 122.800 138.854
201312 73.210 124.900 121.450
201403 79.070 127.800 128.195
201406 84.978 130.900 134.511
201409 78.081 132.700 121.917
201412 70.384 139.000 104.918
201503 67.615 149.400 93.774
201506 65.569 150.900 90.032
201509 90.494 153.500 122.152
201512 91.835 157.000 121.199
201603 89.630 160.200 115.926
201606 104.542 162.200 133.546
201609 123.455 163.300 156.643
201612 108.890 165.400 136.409
201703 112.937 167.000 140.123
201706 135.183 169.200 165.543
201709 143.894 168.200 177.258
201712 154.986 169.600 189.346
201803 149.988 171.000 181.740
201806 171.589 173.100 205.391
201809 189.078 173.900 225.284
201812 189.232 176.800 221.770
201903 180.492 179.900 207.882
201906 178.548 181.200 204.167
201909 166.876 180.800 191.243
201912 147.966 182.200 168.269
202003 154.559 184.500 173.575
202006 147.293 187.000 163.204
202009 155.563 187.400 171.999
202012 169.335 191.100 183.601
202103 200.046 195.200 212.344
202106 295.357 199.100 307.373
202109 324.050 201.300 333.548
202112 336.889 207.200 336.889

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.


Novolipetsk Steel PJSC  (XKAZ:RU_NLMK) 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.


Novolipetsk Steel PJSC Cyclically Adjusted PS Ratio Related Terms

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Novolipetsk Steel PJSC (XKAZ:RU_NLMK) Business Description

Traded in Other Exchanges
N/A
Address
2, Metallurgov Sq., Lipetsk, RUS, 398040
Novolipetsk Steel PJSC is a Russia-based steelmaker with production assets located in Russia, Europe, and the United States. The company's metal products are used in various industries, from construction and engineering to the manufacture of power-generating equipment and off shore wind turbines. The company operates through six segments, namely Mining, Russian flat products, Russian long products, NLMK USA, NLMK DanSteel and Plates Distribution Network, and Investments in NBH. Russian flat products for over half of the company's revenue. Russia, Europe, North America, and the Middle East are the four largest markets for the company.

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