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Evolution Mining (Evolution Mining) Cyclically Adjusted PS Ratio : 3.45 (As of May. 21, 2024)


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What is Evolution Mining Cyclically Adjusted PS Ratio?

As of today (2024-05-21), Evolution Mining's current share price is $2.66. Evolution Mining's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun23 was $0.77. Evolution Mining's Cyclically Adjusted PS Ratio for today is 3.45.

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

CAHPF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.74   Med: 3.24   Max: 7.44
Current: 3.38

During the past 13 years, Evolution Mining's highest Cyclically Adjusted PS Ratio was 7.44. The lowest was 0.74. And the median was 3.24.

CAHPF's Cyclically Adjusted PS Ratio is ranked worse than
75.64% of 583 companies
in the Metals & Mining industry
Industry Median: 1.35 vs CAHPF: 3.38

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.

Evolution Mining's adjusted revenue per share data of for the fiscal year that ended in Jun23 was $0.834. 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 $0.77 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Evolution Mining Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Evolution Mining'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.

Evolution Mining Cyclically Adjusted PS Ratio Chart

Evolution Mining Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.30 6.18 4.57 2.25 2.82

Evolution Mining Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - 2.25 - 2.82 -

Competitive Comparison of Evolution Mining's Cyclically Adjusted PS Ratio

For the Gold subindustry, Evolution Mining'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.


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

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

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



Evolution Mining 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.

Evolution Mining's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.66/0.77
=3.45

* 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.

Evolution Mining's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Evolution Mining's adjusted Revenue per Share data for the fiscal year that ended in Jun23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=0.834/124.1700*124.1700
=0.834

Current CPI (Jun23) = 124.1700.

Evolution Mining Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.744 98.352 0.939
201506 0.677 99.838 0.842
201606 0.694 100.859 0.854
201706 0.681 102.809 0.822
201806 0.680 104.945 0.805
201906 0.614 106.617 0.715
202006 0.783 106.246 0.915
202106 0.831 110.332 0.935
202206 0.794 117.112 0.842
202306 0.834 124.170 0.834

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.


Evolution Mining  (OTCPK:CAHPF) 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.


Evolution Mining Cyclically Adjusted PS Ratio Related Terms

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


Evolution Mining (Evolution Mining) Business Description

Traded in Other Exchanges
Address
175 Liverpool Street, Level 24, Sydney, NSW, AUS, 2000
Evolution Mining is an Australian-based gold miner. It sold around 650,000 ounces of gold in fiscal 2023 from five wholly owned mines in Australia and Canada. Formed in 2011 via the merger of Conquest Mining and Catalpa Resources and the purchase of Newcrest Mining's Mt Rawdon and Cracow mines, Evolution has acquired more mines and sold the generally less attractive, higher-cost mines. Cowal and Mungari were bought in 2015, with an initial interest in Glencore's Ernest Henry mine following in 2016, Red Lake in Canada in 2020, and the rest of Ernest Henry in 2022. It has also agreed to buy an 80% stake in the Northparkes copper and gold mine in New South Wales, likely effective January 2024. It had roughly 13 years of gold reserves at end fiscal 2023.

Evolution Mining (Evolution Mining) Headlines