GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Seah Steel Holdings (XKRX:003030) » Definitions » Cyclically Adjusted PS Ratio

Seah Steel Holdings (XKRX:003030) Cyclically Adjusted PS Ratio : 0.26 (As of May. 18, 2024)


View and export this data going back to 1969. Start your Free Trial

What is Seah Steel Holdings Cyclically Adjusted PS Ratio?

As of today (2024-05-18), Seah Steel Holdings's current share price is ₩220500.00. Seah Steel Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₩832,444.00. Seah Steel Holdings's Cyclically Adjusted PS Ratio for today is 0.26.

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

XKRX:003030' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.18   Max: 0.3
Current: 0.28

During the past years, Seah Steel Holdings's highest Cyclically Adjusted PS Ratio was 0.30. The lowest was 0.03. And the median was 0.18.

XKRX:003030's Cyclically Adjusted PS Ratio is ranked better than
72.78% of 518 companies
in the Steel industry
Industry Median: 0.48 vs XKRX:003030: 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.

Seah Steel Holdings's adjusted revenue per share data for the three months ended in Dec. 2023 was ₩226,385.066. 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 ₩832,444.00 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Seah Steel Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Seah Steel Holdings'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.

Seah Steel Holdings Cyclically Adjusted PS Ratio Chart

Seah Steel Holdings 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 0.06 0.06 0.13 0.18 0.29

Seah Steel Holdings 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 0.18 0.18 0.25 0.26 0.29

Competitive Comparison of Seah Steel Holdings's Cyclically Adjusted PS Ratio

For the Steel subindustry, Seah Steel Holdings'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.


Seah Steel Holdings's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

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

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



Seah Steel Holdings 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=220500.00/832444
=0.26

* 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.

Seah Steel Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Seah Steel Holdings'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)
=226385.066/118.8477*118.8477
=226,385.066

Current CPI (Dec. 2023) = 118.8477.

Seah Steel Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 195,408.682 99.253 233,986.604
201406 229,391.386 99.353 274,401.766
201409 223,458.743 99.608 266,620.730
201412 244,358.906 99.098 293,058.326
201503 207,100.950 99.720 246,825.828
201506 204,886.366 100.050 243,381.043
201509 197,945.058 100.110 234,994.655
201512 187,464.320 100.220 222,307.955
201603 155,596.466 100.560 183,893.020
201606 158,577.628 100.790 186,988.653
201609 156,901.762 101.460 183,790.790
201612 182,975.321 101.560 214,121.663
201703 179,343.339 102.850 207,239.119
201706 198,459.837 102.610 229,865.463
201709 153,307.832 103.490 176,058.394
201712 155,553.028 102.990 179,504.026
201803 154,947.213 104.100 176,898.366
201806 164,871.033 104.130 188,173.851
201809 89,964.150 105.650 101,202.388
201812 113,956.734 104.350 129,789.130
201903 166,121.242 104.490 188,947.531
201906 164,453.717 104.880 186,355.321
201909 171,635.139 105.200 193,901.535
201912 151,842.855 105.120 171,672.128
202003 160,059.133 105.540 180,241.234
202006 136,266.672 104.870 154,429.108
202009 132,688.439 106.200 148,490.733
202012 141,791.115 105.765 159,329.496
202103 144,732.745 107.357 160,223.570
202106 176,538.587 107.579 195,031.401
202109 179,117.036 108.759 195,731.927
202112 202,957.960 109.676 219,929.600
202203 226,754.864 111.806 241,036.637
202206 256,033.493 114.083 266,727.252
202209 248,592.525 114.831 257,287.428
202212 247,290.937 115.200 255,120.730
202303 257,742.581 116.550 262,824.694
202306 251,352.305 117.140 255,016.808
202309 233,169.175 119.111 232,653.354
202312 226,385.066 118.848 226,385.066

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.


Seah Steel Holdings  (XKRX:003030) 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.


Seah Steel Holdings Cyclically Adjusted PS Ratio Related Terms

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


Seah Steel Holdings (XKRX:003030) Business Description

Traded in Other Exchanges
N/A
Address
45, Yanghwa-ro, Mapo-gu, Seah Tower, 25/26/27th Floor, Seoul, KOR, 04036
Seah Steel Holdings is a Korean based company operates in the steel sector. The business activity of the group includes manufacturing of steel products such as carbon steel pipe, stainless steel pipe, titanium tube, galvanized color steel sheet and others. These products are used in wide range of areas such as oil refining, nuclear power plants, LNG vessels, marine plants and others. Geographically, the activities are carried out through the region of Korea and it drives revenue through the sale of products.

Seah Steel Holdings (XKRX:003030) Headlines

No Headlines