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Sherritt International (STU:HRT) Cyclically Adjusted PS Ratio : 0.42 (As of May. 24, 2024)


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What is Sherritt International Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Sherritt International's current share price is €0.215. Sherritt International's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €0.51. Sherritt International's Cyclically Adjusted PS Ratio for today is 0.42.

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

STU:HRT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.35   Max: 0.89
Current: 0.43

During the past years, Sherritt International's highest Cyclically Adjusted PS Ratio was 0.89. The lowest was 0.04. And the median was 0.35.

STU:HRT's Cyclically Adjusted PS Ratio is ranked better than
80.58% of 582 companies
in the Metals & Mining industry
Industry Median: 1.335 vs STU:HRT: 0.43

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.

Sherritt International's adjusted revenue per share data for the three months ended in Mar. 2024 was €0.049. 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 €0.51 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sherritt International Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sherritt International'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.

Sherritt International Cyclically Adjusted PS Ratio Chart

Sherritt International 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 0.08 0.24 0.40 0.57 0.36

Sherritt International 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 0.62 0.54 0.49 0.36 0.36

Competitive Comparison of Sherritt International's Cyclically Adjusted PS Ratio

For the Other Industrial Metals & Mining subindustry, Sherritt International'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.


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

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

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



Sherritt International 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.

Sherritt International's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.215/0.51
=0.42

* 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.

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

For example, Sherritt International'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)
=0.049/126.2576*126.2576
=0.049

Current CPI (Mar. 2024) = 126.2576.

Sherritt International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.298 99.473 0.378
201409 0.244 99.394 0.310
201412 0.241 98.367 0.309
201503 0.207 99.789 0.262
201506 0.245 100.500 0.308
201509 0.176 100.421 0.221
201512 0.174 99.947 0.220
201603 0.135 101.054 0.169
201606 0.176 102.002 0.218
201609 0.135 101.765 0.167
201612 0.170 101.449 0.212
201703 0.172 102.634 0.212
201706 0.175 103.029 0.214
201709 0.147 103.345 0.180
201712 0.111 103.345 0.136
201803 0.066 105.004 0.079
201806 0.075 105.557 0.090
201809 0.049 105.636 0.059
201812 0.061 105.399 0.073
201903 0.053 106.979 0.063
201906 0.078 107.690 0.091
201909 0.048 107.611 0.056
201912 0.053 107.769 0.062
202003 0.043 107.927 0.050
202006 0.067 108.401 0.078
202009 0.040 108.164 0.047
202012 0.046 108.559 0.053
202103 0.037 110.298 0.042
202106 0.053 111.720 0.060
202109 0.035 112.905 0.039
202112 0.064 113.774 0.071
202203 0.062 117.646 0.067
202206 0.123 120.806 0.129
202209 0.058 120.648 0.061
202212 0.085 120.964 0.089
202303 0.101 122.702 0.104
202306 0.163 124.203 0.166
202309 0.063 125.230 0.064
202312 0.060 125.072 0.061
202403 0.049 126.258 0.049

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.


Sherritt International  (STU:HRT) 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.


Sherritt International Cyclically Adjusted PS Ratio Related Terms

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


Sherritt International (STU:HRT) Business Description

Traded in Other Exchanges
Address
22 Adelaide Street West, Suite 4220, Toronto, ON, CAN, M5H 4E3
Sherritt International Corp is engaged in the mining and refining of nickel from lateritic ores with projects and operations in Canada, Cuba, and North America. Its segment includes Moa JV and Fort site, Metals Other, Power, Technologies and Corporate. The Moa JV and Fort site segment includes the mining, processing, and refining of nickel and cobalt. Metals Other segment is comprised of buying, marketing and selling certain of Moa Joint Venture's nickel and cobalt production. Its Power segment constructs and operates an electricity generating plant whereas The Technologies and Corporate segment consist of the metallurgical technology business and general corporate activities.

Sherritt International (STU:HRT) Headlines