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Usinas Siderurgicas de Minas Gerais (XMAD:XUSI) Cyclically Adjusted PS Ratio : 0.35 (As of Jun. 01, 2024)


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What is Usinas Siderurgicas de Minas Gerais Cyclically Adjusted PS Ratio?

As of today (2024-06-01), Usinas Siderurgicas de Minas Gerais's current share price is €1.36. Usinas Siderurgicas de Minas Gerais's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €3.86. Usinas Siderurgicas de Minas Gerais's Cyclically Adjusted PS Ratio for today is 0.35.

The historical rank and industry rank for Usinas Siderurgicas de Minas Gerais's Cyclically Adjusted PS Ratio or its related term are showing as below:

XMAD:XUSI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.7   Max: 1.57
Current: 0.38

During the past years, Usinas Siderurgicas de Minas Gerais's highest Cyclically Adjusted PS Ratio was 1.57. The lowest was 0.33. And the median was 0.70.

XMAD:XUSI's Cyclically Adjusted PS Ratio is ranked better than
57.31% of 520 companies
in the Steel industry
Industry Median: 0.48 vs XMAD:XUSI: 0.38

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.

Usinas Siderurgicas de Minas Gerais's adjusted revenue per share data for the three months ended in Mar. 2024 was €0.934. 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 €3.86 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Usinas Siderurgicas de Minas Gerais Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Usinas Siderurgicas de Minas Gerais'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.

Usinas Siderurgicas de Minas Gerais Cyclically Adjusted PS Ratio Chart

Usinas Siderurgicas de Minas Gerais 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 0.68 1.06 0.86 0.41 0.49

Usinas Siderurgicas de Minas Gerais Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.43 0.39 0.37 0.49 0.49

Competitive Comparison of Usinas Siderurgicas de Minas Gerais's Cyclically Adjusted PS Ratio

For the Steel subindustry, Usinas Siderurgicas de Minas Gerais'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.


Usinas Siderurgicas de Minas Gerais's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Usinas Siderurgicas de Minas Gerais's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Usinas Siderurgicas de Minas Gerais's Cyclically Adjusted PS Ratio falls into.



Usinas Siderurgicas de Minas Gerais 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.

Usinas Siderurgicas de Minas Gerais's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.36/3.86
=0.35

* 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.

Usinas Siderurgicas de Minas Gerais's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Usinas Siderurgicas de Minas Gerais's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.934/159.3724*159.3724
=0.934

Current CPI (Mar. 2024) = 159.3724.

Usinas Siderurgicas de Minas Gerais Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.035 91.838 1.796
201409 0.977 92.602 1.681
201412 0.804 94.194 1.360
201503 0.798 97.799 1.300
201506 0.776 100.006 1.237
201509 0.560 101.392 0.880
201512 0.576 104.247 0.881
201603 0.502 106.979 0.748
201606 0.523 108.851 0.766
201609 0.489 109.986 0.709
201612 0.507 110.802 0.729
201703 0.572 111.869 0.815
201706 0.566 112.115 0.805
201709 0.572 112.777 0.808
201712 0.686 114.068 0.958
201803 0.653 114.868 0.906
201806 0.678 117.038 0.923
201809 0.641 117.881 0.867
201812 0.726 118.340 0.978
201903 0.662 120.124 0.878
201906 0.646 120.977 0.851
201909 0.646 121.292 0.849
201912 0.691 123.436 0.892
202003 0.574 124.092 0.737
202006 0.338 123.557 0.436
202009 0.560 125.095 0.713
202012 0.710 129.012 0.877
202103 0.856 131.660 1.036
202106 1.231 133.871 1.466
202109 1.295 137.913 1.497
202112 1.023 141.992 1.148
202203 1.163 146.537 1.265
202206 1.241 149.784 1.320
202209 1.320 147.800 1.423
202212 1.121 150.207 1.189
202303 1.057 153.352 1.098
202306 1.030 154.519 1.062
202309 1.022 155.464 1.048
202312 1.031 157.148 1.046
202403 0.934 159.372 0.934

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.


Usinas Siderurgicas de Minas Gerais  (XMAD:XUSI) 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.


Usinas Siderurgicas de Minas Gerais Cyclically Adjusted PS Ratio Related Terms

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


Usinas Siderurgicas de Minas Gerais (XMAD:XUSI) Business Description

Address
Rua Professor Jose Vieira de Mendonca, 3.011 - Engenho Nogueira, Belo Horizonte, MG, BRA, 31310-260
Usinas Siderurgicas de Minas Gerais SA is a Brazil-based company that is primarily engaged in the production and distribution of flat steel products. The company's product portfolio consists of ordinary heavy plates, Sincron series premium heavy plates, hot strips, cold-rolled products, and galvanized products. These products are used in automotive, civil construction, railway, electric, white goods, offshore platforms, and agricultural and construction machinery. The Brazilian domestic market represents the majority of the company's sales, while the United States, Argentina, and Turkey are the three biggest export destination markets for the company.

Usinas Siderurgicas de Minas Gerais (XMAD:XUSI) Headlines

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