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Kumba Iron Ore (Kumba Iron Ore) Cyclically Adjusted PS Ratio : 2.68 (As of May. 22, 2024)


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What is Kumba Iron Ore Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Kumba Iron Ore's current share price is $23.52. Kumba Iron Ore's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was $8.76. Kumba Iron Ore's Cyclically Adjusted PS Ratio for today is 2.68.

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

KUMBF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.21   Med: 2.04   Max: 4.05
Current: 2.23

During the past 13 years, Kumba Iron Ore's highest Cyclically Adjusted PS Ratio was 4.05. The lowest was 0.21. And the median was 2.04.

KUMBF's Cyclically Adjusted PS Ratio is ranked worse than
88.22% of 518 companies
in the Steel industry
Industry Median: 0.48 vs KUMBF: 2.23

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.

Kumba Iron Ore's adjusted revenue per share data of for the fiscal year that ended in Dec23 was $14.389. 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 $8.76 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kumba Iron Ore Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kumba Iron Ore'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.

Kumba Iron Ore Cyclically Adjusted PS Ratio Chart

Kumba Iron Ore 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 2.30 3.24 2.18 2.18 2.60

Kumba Iron Ore 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 2.18 - 2.18 - 2.60

Competitive Comparison of Kumba Iron Ore's Cyclically Adjusted PS Ratio

For the Steel subindustry, Kumba Iron Ore'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.


Kumba Iron Ore's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

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

* The bar in red indicates where Kumba Iron Ore's Cyclically Adjusted PS Ratio falls into.



Kumba Iron Ore 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.

Kumba Iron Ore's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=23.52/8.76
=2.68

* 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.

Kumba Iron Ore's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Kumba Iron Ore's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=14.389/152.7175*152.7175
=14.389

Current CPI (Dec23) = 152.7175.

Kumba Iron Ore Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 12.887 96.794 20.333
201512 7.326 101.808 10.989
201612 9.035 109.002 12.659
201712 11.020 113.907 14.775
201812 9.962 118.921 12.793
201912 13.885 123.717 17.140
202012 16.729 127.467 20.043
202112 19.962 135.029 22.577
202212 13.317 145.156 14.011
202312 14.389 152.718 14.389

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.


Kumba Iron Ore  (OTCPK:KUMBF) 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.


Kumba Iron Ore Cyclically Adjusted PS Ratio Related Terms

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Kumba Iron Ore (Kumba Iron Ore) Business Description

Traded in Other Exchanges
Address
144 Oxford Road, Rosebank, Melrose, Johannesburg, GT, ZAF, 2196
Kumba Iron Ore Ltd is engaged in the exploration, mining, processing blending and sale of iron ore to the global steel industry. The company primarily operates in South Africa, with mining operations in the Northern Cape and Limpopo provinces, as well as a head office in Centurion, Gauteng, and a port operation in Saldanha Bay, Western Cape. The company's flagship asset is the Sishen mine, which it holds a majority stake, located near the town of Kathu in the Northern Cape Province. The Sishen mine is an opencast mine and produces the bulk of the group's iron ore, most of which is exported. It also holds interest in Kolomela mine.

Kumba Iron Ore (Kumba Iron Ore) Headlines

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