GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Ora Gold Ltd (ASX:OAU) » Definitions » Cyclically Adjusted PS Ratio

Ora Gold (ASX:OAU) Cyclically Adjusted PS Ratio : (As of Jun. 14, 2024)


View and export this data going back to 2001. Start your Free Trial

What is Ora Gold Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ora Gold Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ora Gold'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.

Ora Gold Cyclically Adjusted PS Ratio Chart

Ora Gold Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Ora Gold Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - - - - -

Competitive Comparison of Ora Gold's Cyclically Adjusted PS Ratio

For the Other Industrial Metals & Mining subindustry, Ora Gold'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.


Ora Gold's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Ora Gold's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Ora Gold 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.

Ora Gold's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Sep23 is calculated as:

For example, Ora Gold's adjusted Revenue per Share data for the fiscal year that ended in Sep23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep23 (Change)*Current CPI (Sep23)
=0/125.6559*125.6559
=0.000

Current CPI (Sep23) = 125.6559.

Ora Gold Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201409 0.000 98.816 0.000
201509 0.000 100.302 0.000
201609 0.000 101.602 0.000
201709 0.000 103.460 0.000
201809 0.000 105.410 0.000
201909 0.000 107.174 0.000
202009 0.000 107.917 0.000
202109 0.000 111.168 0.000
202209 0.000 119.248 0.000
202309 0.000 125.656 0.000

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.


Ora Gold  (ASX:OAU) 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.


Ora Gold Cyclically Adjusted PS Ratio Related Terms

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


Ora Gold (ASX:OAU) Business Description

Traded in Other Exchanges
Address
5 Ord Street, Level 2, Suite 8, West Perth, WA, AUS, 6005
Ora Gold Ltd is engaged in the mineral exploration industry in Australia. The company projects include Garden Gully; Red Bore and Keller Creek in Western Australia. The Garden Gully Gold Project represents an excellent opportunity for the discovery of a new gold camp in a region that has an established track record of hosting such occurrences.

Ora Gold (ASX:OAU) Headlines

No Headlines