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Eldorado Gold (Eldorado Gold) Cyclically Adjusted PS Ratio : (As of Apr. 29, 2024)


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What is Eldorado Gold Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eldorado Gold Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Eldorado 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.

Eldorado Gold Cyclically Adjusted PS Ratio Chart

Eldorado Gold 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 1.50 2.44 1.76 1.68 2.59

Eldorado Gold Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.09 2.00 1.82 2.59 -

Competitive Comparison of Eldorado Gold's Cyclically Adjusted PS Ratio

For the Gold subindustry, Eldorado 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.


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

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

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



Eldorado 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.

Eldorado Gold's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Eldorado Gold'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)
=1.256/125.4675*125.4675
=1.256

Current CPI (Mar. 2024) = 125.4675.

Eldorado Gold Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.853 99.473 2.337
201409 1.839 99.394 2.321
201412 1.808 98.367 2.306
201503 1.663 99.789 2.091
201506 0.869 100.500 1.085
201509 0.784 100.421 0.980
201512 0.760 99.947 0.954
201603 0.661 101.054 0.821
201606 0.747 102.002 0.919
201609 0.811 101.765 1.000
201612 0.801 101.449 0.991
201703 0.780 102.634 0.954
201706 0.577 103.029 0.703
201709 0.607 103.345 0.737
201712 0.641 103.345 0.778
201803 0.830 105.004 0.992
201806 0.970 105.557 1.153
201809 0.502 105.636 0.596
201812 0.598 105.399 0.712
201903 0.516 106.979 0.605
201906 1.086 107.690 1.265
201909 1.065 107.611 1.242
201912 1.111 107.769 1.293
202003 1.239 107.927 1.440
202006 1.447 108.401 1.675
202009 1.600 108.164 1.856
202012 1.570 108.559 1.815
202103 1.289 110.298 1.466
202106 1.265 111.720 1.421
202109 1.301 112.905 1.446
202112 1.348 113.774 1.487
202203 1.058 117.646 1.128
202206 1.178 120.806 1.223
202209 1.208 120.648 1.256
202212 1.305 120.964 1.354
202303 1.221 122.702 1.249
202306 1.243 124.203 1.256
202309 1.215 125.230 1.217
202312 1.480 125.468 1.480
202403 1.256 125.468 1.256

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.


Eldorado Gold  (NYSE:EGO) 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.


Eldorado Gold Cyclically Adjusted PS Ratio Related Terms

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


Eldorado Gold (Eldorado Gold) Business Description

Traded in Other Exchanges
Address
550 Burrard Street, Suite 1188, Bentall 5, Vancouver, BC, CAN, V6C 2B5
Eldorado Gold Corp is a gold and base metals producer with mining, development, and exploration operations in Turkey, Canada, Greece and Romania. It has a portfolio of high-quality assets and long-term partnerships with local communities. Some of its projects include Kisladag, Efemcukuru, Skouries; Perama Hill, and Certej projects.