GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Taseko Mines Ltd (LSE:TKO) » Definitions » Cyclically Adjusted PS Ratio

Taseko Mines (LSE:TKO) Cyclically Adjusted PS Ratio : 2.01 (As of Jun. 05, 2024)


View and export this data going back to 2019. Start your Free Trial

What is Taseko Mines Cyclically Adjusted PS Ratio?

As of today (2024-06-05), Taseko Mines's current share price is £1.95. Taseko Mines's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was £0.97. Taseko Mines's Cyclically Adjusted PS Ratio for today is 2.01.

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

LSE:TKO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.21   Med: 1.03   Max: 2.34
Current: 1.92

During the past years, Taseko Mines's highest Cyclically Adjusted PS Ratio was 2.34. The lowest was 0.21. And the median was 1.03.

LSE:TKO's Cyclically Adjusted PS Ratio is ranked worse than
61.86% of 582 companies
in the Metals & Mining industry
Industry Median: 1.295 vs LSE:TKO: 1.92

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.

Taseko Mines's adjusted revenue per share data for the three months ended in Mar. 2024 was £0.293. 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 £0.97 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taseko Mines Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Taseko Mines'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.

Taseko Mines Cyclically Adjusted PS Ratio Chart

Taseko Mines 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 0.41 1.09 1.63 1.19 1.09

Taseko Mines 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 1.32 1.11 0.98 1.09 1.70

Competitive Comparison of Taseko Mines's Cyclically Adjusted PS Ratio

For the Copper subindustry, Taseko Mines'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.


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

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

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



Taseko Mines 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.

Taseko Mines's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.95/0.97
=2.01

* 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.

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

For example, Taseko Mines'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)
=0.293/126.2576*126.2576
=0.293

Current CPI (Mar. 2024) = 126.2576.

Taseko Mines Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.300 99.473 0.381
201409 0.268 99.394 0.340
201412 0.099 98.367 0.127
201503 0.132 99.789 0.167
201506 0.217 100.500 0.273
201509 0.177 100.421 0.223
201512 0.135 99.947 0.171
201603 0.139 101.054 0.174
201606 0.136 102.002 0.168
201609 0.146 101.765 0.181
201612 0.256 101.449 0.319
201703 0.279 102.634 0.343
201706 0.257 103.029 0.315
201709 0.209 103.345 0.255
201712 0.229 103.345 0.280
201803 0.156 105.004 0.188
201806 0.237 105.557 0.283
201809 0.190 105.636 0.227
201812 0.286 105.399 0.343
201903 0.168 106.979 0.198
201906 0.209 107.690 0.245
201909 0.204 107.611 0.239
201912 0.212 107.769 0.248
202003 0.146 107.927 0.171
202006 0.253 108.401 0.295
202009 0.206 108.164 0.240
202012 0.193 108.559 0.224
202103 0.176 110.298 0.201
202106 0.225 111.720 0.254
202109 0.265 112.905 0.296
202112 0.210 113.774 0.233
202203 0.245 117.646 0.263
202206 0.184 120.806 0.192
202209 0.207 120.648 0.217
202212 0.212 120.964 0.221
202303 0.239 122.702 0.246
202306 0.229 124.203 0.233
202309 0.295 125.230 0.297
202312 0.311 125.072 0.314
202403 0.293 126.258 0.293

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.


Taseko Mines  (LSE:TKO) 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.


Taseko Mines Cyclically Adjusted PS Ratio Related Terms

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


Taseko Mines (LSE:TKO) Business Description

Traded in Other Exchanges
Address
1040 West Georgia Street, 12th Floor, Vancouver, BC, CAN, V6E 4H1
Taseko Mines Ltd is a Canadian mining company. It is principally engaged in the production and sale of metals, as well as related activities, including exploration and mine development, within the province of British Columbia, Canada, and the State of Arizona, the United States. The Gibraltar, Aley, New Prosperity, and Harmony properties are located in British Columbia whereas Florence copper is in central Arizona.