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Mountain Province Diamonds (Mountain Province Diamonds) Cyclically Adjusted PS Ratio : 0.11 (As of May. 24, 2024)


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What is Mountain Province Diamonds Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Mountain Province Diamonds's current share price is $0.13774. Mountain Province Diamonds's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2023 was $1.25. Mountain Province Diamonds's Cyclically Adjusted PS Ratio for today is 0.11.

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

MPVDF's Cyclically Adjusted PS Ratio is not ranked *
in the Metals & Mining industry.
Industry Median: 1.335
* Ranked among companies with meaningful Cyclically Adjusted PS Ratio only.

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.

Mountain Province Diamonds's adjusted revenue per share data for the three months ended in Mar. 2023 was $0.438. 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 $1.25 for the trailing ten years ended in Mar. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mountain Province Diamonds Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mountain Province Diamonds'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.

Mountain Province Diamonds Cyclically Adjusted PS Ratio Chart

Mountain Province Diamonds Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.28 0.78 0.44 0.52 0.33

Mountain Province Diamonds Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.59 0.34 0.35 0.33 0.30

Competitive Comparison of Mountain Province Diamonds's Cyclically Adjusted PS Ratio

For the Other Precious Metals & Mining subindustry, Mountain Province Diamonds'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.


Mountain Province Diamonds's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Mountain Province Diamonds's Cyclically Adjusted PS Ratio falls into.



Mountain Province Diamonds 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.

Mountain Province Diamonds's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.13774/1.25
=0.11

* 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.

Mountain Province Diamonds's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2023 is calculated as:

For example, Mountain Province Diamonds's adjusted Revenue per Share data for the three months ended in Mar. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=0.438/122.7021*122.7021
=0.438

Current CPI (Mar. 2023) = 122.7021.

Mountain Province Diamonds Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201306 0.000 97.182 0.000
201309 0.000 97.419 0.000
201312 0.000 96.945 0.000
201403 0.000 98.604 0.000
201406 0.000 99.473 0.000
201409 0.000 99.394 0.000
201412 0.000 98.367 0.000
201503 0.000 99.789 0.000
201506 0.000 100.500 0.000
201509 0.000 100.421 0.000
201512 0.000 99.947 0.000
201603 0.000 101.054 0.000
201606 0.000 102.002 0.000
201609 0.000 101.765 0.000
201612 0.000 101.449 0.000
201703 0.000 102.634 0.000
201706 0.130 103.029 0.155
201709 0.331 103.345 0.393
201712 0.373 103.345 0.443
201803 0.320 105.004 0.374
201806 0.372 105.557 0.432
201809 0.273 105.636 0.317
201812 0.250 105.399 0.291
201903 0.216 106.979 0.248
201906 0.342 107.690 0.390
201909 0.197 107.611 0.225
201912 0.235 107.769 0.268
202003 0.223 107.927 0.254
202006 0.119 108.401 0.135
202009 0.170 108.164 0.193
202012 0.298 108.559 0.337
202103 0.203 110.298 0.226
202106 0.290 111.720 0.319
202109 0.350 112.905 0.380
202112 0.315 113.774 0.340
202203 0.313 117.646 0.326
202206 0.357 120.806 0.363
202209 0.391 120.648 0.398
202212 0.336 120.964 0.341
202303 0.438 122.702 0.438

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.


Mountain Province Diamonds  (OTCPK:MPVDF) 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.


Mountain Province Diamonds Cyclically Adjusted PS Ratio Related Terms

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


Mountain Province Diamonds (Mountain Province Diamonds) Business Description

Traded in Other Exchanges
Address
161 Bay Street, Suite 1410, P.O. Box 216, Toronto, ON, CAN, M5J 2S1
Mountain Province Diamonds Inc is engaged in the mining and marketing of rough diamonds. The Company supplies rough diamonds from its 49% ownership interest in the Gahcho Kue diamond mine (the GK Diamond Mine). The GK Diamond Mine is located in Canada's Northwest Territories. The Company also owns 100% of the mineral rights of the Kennady North Project (KNP) in Canada's Northwest Territories.