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POSCO Holdings (POSCO Holdings) Cyclically Adjusted PS Ratio : 0.40 (As of Apr. 27, 2024)


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What is POSCO Holdings Cyclically Adjusted PS Ratio?

As of today (2024-04-27), POSCO Holdings's current share price is $71.60. POSCO Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $178.83. POSCO Holdings's Cyclically Adjusted PS Ratio for today is 0.40.

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

PKX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.37   Max: 0.67
Current: 0.42

During the past years, POSCO Holdings's highest Cyclically Adjusted PS Ratio was 0.67. The lowest was 0.18. And the median was 0.37.

PKX's Cyclically Adjusted PS Ratio is ranked better than
53.67% of 518 companies
in the Steel industry
Industry Median: 0.47 vs PKX: 0.42

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.

POSCO Holdings's adjusted revenue per share data for the three months ended in Dec. 2023 was $47.147. 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 $178.83 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


POSCO Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for POSCO 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.

POSCO Holdings Cyclically Adjusted PS Ratio Chart

POSCO 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 0.29 0.33 0.32 0.31 0.53

POSCO 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 0.31 0.40 0.42 0.57 0.53

Competitive Comparison of POSCO Holdings's Cyclically Adjusted PS Ratio

For the Steel subindustry, POSCO 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.


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

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

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



POSCO 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=71.60/178.83
=0.40

* 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.

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

For example, POSCO 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)
=47.147/118.8477*118.8477
=47.147

Current CPI (Dec. 2023) = 118.8477.

POSCO Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 45.195 99.253 54.117
201406 51.377 99.353 61.458
201409 49.214 99.608 58.720
201412 46.409 99.098 55.658
201503 42.407 99.720 50.541
201506 42.656 100.050 50.670
201509 36.933 100.110 43.846
201512 38.027 100.220 45.095
201603 32.959 100.560 38.953
201606 34.484 100.790 40.662
201609 35.943 101.460 42.103
201612 39.289 101.560 45.977
201703 41.555 102.850 48.019
201706 41.298 102.610 47.833
201709 41.524 103.490 47.686
201712 43.659 102.990 50.381
201803 46.329 104.100 52.892
201806 45.926 104.130 52.417
201809 45.796 105.650 51.517
201812 46.768 104.350 53.266
201903 44.165 104.490 50.234
201906 43.390 104.880 49.169
201909 41.781 105.200 47.201
201912 43.729 105.120 49.440
202003 37.260 105.540 41.958
202006 35.525 104.870 40.260
202009 38.237 106.200 42.791
202012 44.266 105.765 49.741
202103 46.821 107.357 51.832
202106 53.866 107.579 59.509
202109 57.442 108.759 62.770
202112 56.430 109.676 61.149
202203 55.491 111.806 58.986
202206 57.058 114.083 59.441
202209 49.933 114.831 51.679
202212 47.720 115.200 49.231
202303 48.912 116.550 49.876
202306 51.105 117.140 51.850
202309 46.823 119.111 46.719
202312 47.147 118.848 47.147

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.


POSCO Holdings  (NYSE:PKX) 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.


POSCO Holdings Cyclically Adjusted PS Ratio Related Terms

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


POSCO Holdings (POSCO Holdings) Business Description

Industry
Address
POSCO Center, 440 Teheran-ro, Gangnam-gu, Seoul, KOR, 06194
POSCO Holdings Inc is a holding company and operates through its subsidiaries. The company's operating segments are 1) Steel Segment includes the production and sale of steel products. 2) Green Infrastructure Business includes the provision of infrastructure and related services. The segment is divided into three operations, Trading Segment consists trading and natural resources development activities. Construction Segment consists planning, designing and construction of industrial plants, civil engineering projects and buildings. The energy and Other Segment consists power generation and information technology and operational technology services. 3) Green Materials and Energy Segment include manufacturing and sale of energy-related and other industrial materials, 4) Others Segment.