GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Metalurgica Gerdau SA (BSP:GOAU4) » Definitions » Cyclically Adjusted Revenue per Share

Metalurgica Gerdau (BSP:GOAU4) Cyclically Adjusted Revenue per Share : R$72.51 (As of Mar. 2024)


View and export this data going back to 2003. Start your Free Trial

What is Metalurgica Gerdau Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Metalurgica Gerdau's adjusted revenue per share for the three months ended in Mar. 2024 was R$15.697. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is R$72.51 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Metalurgica Gerdau's average Cyclically Adjusted Revenue Growth Rate was -4.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Metalurgica Gerdau was -0.10% per year. The lowest was -0.10% per year. And the median was -0.10% per year.

As of today (2024-06-10), Metalurgica Gerdau's current stock price is R$10.00. Metalurgica Gerdau's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$72.51. Metalurgica Gerdau's Cyclically Adjusted PS Ratio of today is 0.14.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Metalurgica Gerdau was 0.19. The lowest was 0.05. And the median was 0.13.


Metalurgica Gerdau Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Metalurgica Gerdau's Cyclically Adjusted Revenue per Share 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.

Metalurgica Gerdau Cyclically Adjusted Revenue per Share Chart

Metalurgica Gerdau Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 84.27 88.94 88.68 84.22 -

Metalurgica Gerdau Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue per Share 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 83.00 79.81 - - 72.51

Competitive Comparison of Metalurgica Gerdau's Cyclically Adjusted Revenue per Share

For the Steel subindustry, Metalurgica Gerdau'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.


Metalurgica Gerdau's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

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

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



Metalurgica Gerdau Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Metalurgica Gerdau'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)
=15.697/159.3724*159.3724
=15.697

Current CPI (Mar. 2024) = 159.3724.

Metalurgica Gerdau Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.109 91.838 10.601
201409 26.754 92.602 46.045
201412 27.098 94.194 45.849
201503 26.108 97.799 42.545
201506 6.349 100.006 10.118
201509 13.248 101.392 20.824
201512 11.608 104.247 17.746
201603 11.203 106.979 16.690
201606 11.385 108.851 16.669
201609 9.144 109.986 13.250
201612 9.060 110.802 13.031
201703 7.989 111.869 11.381
201706 8.625 112.115 12.261
201709 9.712 112.777 13.725
201712 10.060 114.068 14.056
201803 9.896 114.868 13.730
201806 11.249 117.038 15.318
201809 13.143 117.881 17.769
201812 8.128 118.340 10.946
201903 9.373 120.124 12.436
201906 9.490 120.977 12.502
201909 9.469 121.292 12.442
201912 8.866 123.436 11.447
202003 8.536 124.092 10.963
202006 8.090 123.557 10.435
202009 11.306 125.095 14.404
202012 12.600 129.012 15.565
202103 15.119 131.660 18.301
202106 17.697 133.871 21.068
202109 19.879 137.913 22.972
202112 19.408 141.992 21.784
202203 33.854 146.537 36.819
202206 12.771 149.784 13.589
202209 19.623 147.800 21.159
202212 17.332 150.207 18.390
202303 17.748 153.352 18.445
202306 10.378 154.519 10.704
202309 16.523 155.464 16.938
202312 14.249 157.148 14.451
202403 15.697 159.372 15.697

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Metalurgica Gerdau  (BSP:GOAU4) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Metalurgica Gerdau's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=10.00/72.51
=0.14

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Metalurgica Gerdau was 0.19. The lowest was 0.05. And the median was 0.13.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Metalurgica Gerdau Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Metalurgica Gerdau's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Metalurgica Gerdau (BSP:GOAU4) Business Description

Industry
Traded in Other Exchanges
Address
Avenida Farrapos, 1811, Porto Alegre, RS, BRA, 90220005
Metalurgica Gerdau SA produces steel and steel products used in construction, industrial, agricultural and automotive sectors. Its products include steel columns, nails, transfer bars for the construction sector; billet, electrodes, mechanical construction wire rods for the industrial sector; staples, steel posts, tribars, galvanized wires for agricultural sector; mechanical construction ingots, mechanical construction wires, and various other products for the automotive sector. Its revenue is generated by sales of long steel to nonresidential construction and infrastructure sector in North America.

Metalurgica Gerdau (BSP:GOAU4) Headlines

No Headlines