GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Kemira Oyj (OHEL:KEMIRA) » Definitions » Cyclically Adjusted PS Ratio

Kemira Oyj (OHEL:KEMIRA) Cyclically Adjusted PS Ratio : 0.96 (As of Apr. 27, 2024)


View and export this data going back to 1994. Start your Free Trial

What is Kemira Oyj Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Kemira Oyj's current share price is €19.20. Kemira Oyj's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €19.93. Kemira Oyj's Cyclically Adjusted PS Ratio for today is 0.96.

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

OHEL:KEMIRA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.54   Med: 0.76   Max: 0.93
Current: 0.87

During the past years, Kemira Oyj's highest Cyclically Adjusted PS Ratio was 0.93. The lowest was 0.54. And the median was 0.76.

OHEL:KEMIRA's Cyclically Adjusted PS Ratio is ranked better than
60.61% of 1188 companies
in the Chemicals industry
Industry Median: 1.18 vs OHEL:KEMIRA: 0.87

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.

Kemira Oyj's adjusted revenue per share data for the three months ended in Dec. 2023 was €5.212. 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 €19.93 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kemira Oyj Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kemira Oyj'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.

Kemira Oyj Cyclically Adjusted PS Ratio Chart

Kemira Oyj 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 0.83 0.80 0.80 0.76 0.84

Kemira Oyj 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 0.76 0.83 0.74 0.74 0.84

Competitive Comparison of Kemira Oyj's Cyclically Adjusted PS Ratio

For the Chemicals subindustry, Kemira Oyj'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.


Kemira Oyj's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kemira Oyj's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Kemira Oyj 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.

Kemira Oyj's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=19.20/19.93
=0.96

* 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.

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

For example, Kemira Oyj'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)
=5.212/121.2200*121.2200
=5.212

Current CPI (Dec. 2023) = 121.2200.

Kemira Oyj Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.482 100.174 4.214
201406 3.405 100.147 4.121
201409 3.558 100.726 4.282
201412 3.593 100.229 4.345
201503 3.629 100.120 4.394
201506 3.903 100.030 4.730
201509 4.097 100.130 4.960
201512 3.937 99.990 4.773
201603 3.820 100.080 4.627
201606 3.853 100.390 4.652
201609 3.909 100.540 4.713
201612 3.913 101.020 4.695
201703 3.998 100.910 4.803
201706 4.044 101.140 4.847
201709 4.077 101.320 4.878
201712 4.173 101.510 4.983
201803 4.018 101.730 4.788
201806 4.239 102.320 5.022
201809 4.382 102.600 5.177
201812 4.335 102.710 5.116
201903 4.237 102.870 4.993
201906 4.337 103.360 5.086
201909 4.506 103.540 5.275
201912 4.291 103.650 5.018
202003 4.185 103.490 4.902
202006 3.800 103.320 4.458
202009 3.892 103.710 4.549
202012 3.951 103.890 4.610
202103 3.943 104.870 4.558
202106 4.275 105.360 4.919
202109 4.504 106.290 5.137
202112 4.672 107.490 5.269
202203 4.988 110.950 5.450
202206 5.590 113.570 5.967
202209 6.299 114.920 6.644
202212 6.257 117.320 6.465
202303 5.845 119.750 5.917
202306 5.417 120.690 5.441
202309 5.343 121.280 5.340
202312 5.212 121.220 5.212

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.


Kemira Oyj  (OHEL:KEMIRA) 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.


Kemira Oyj Cyclically Adjusted PS Ratio Related Terms

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


Kemira Oyj (OHEL:KEMIRA) Business Description

Industry
Traded in Other Exchanges
Address
Energiakatu 4, P.O. Box 330, Helsinki, FIN, FI-00180
Kemira Oyj offers sustainable chemical solutions for water-intensive industries. The company provides best-suited products and expertise to improve its customers' product quality, process, and resource efficiency. It focuses on pulp and paper, water treatment, and oil and gas industries.

Kemira Oyj (OHEL:KEMIRA) Headlines

No Headlines