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Taseko Mines (Taseko Mines) Cyclically Adjusted PS Ratio : 1.84 (As of May. 01, 2024)


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What is Taseko Mines Cyclically Adjusted PS Ratio?

As of today (2024-05-01), Taseko Mines's current share price is $2.38. Taseko Mines's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $1.29. Taseko Mines's Cyclically Adjusted PS Ratio for today is 1.84.

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

TGB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.21   Med: 1.03   Max: 2.06
Current: 1.98

During the past years, Taseko Mines's highest Cyclically Adjusted PS Ratio was 2.06. The lowest was 0.21. And the median was 1.03.

TGB's Cyclically Adjusted PS Ratio is ranked worse than
62.91% of 585 companies
in the Metals & Mining industry
Industry Median: 1.34 vs TGB: 1.98

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 Dec. 2023 was $0.394. 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 $1.29 for the trailing ten years ended in Dec. 2023.

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 1.08

Taseko Mines Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 1.19 1.32 1.11 0.98 1.08

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
=2.38/1.29
=1.84

* 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 Dec. 2023 is calculated as:

For example, Taseko Mines's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.394/125.4675*125.4675
=0.394

Current CPI (Dec. 2023) = 125.4675.

Taseko Mines Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.488 98.604 0.621
201406 0.508 99.473 0.641
201409 0.436 99.394 0.550
201412 0.155 98.367 0.198
201503 0.197 99.789 0.248
201506 0.338 100.500 0.422
201509 0.272 100.421 0.340
201512 0.202 99.947 0.254
201603 0.198 101.054 0.246
201606 0.193 102.002 0.237
201609 0.192 101.765 0.237
201612 0.320 101.449 0.396
201703 0.345 102.634 0.422
201706 0.329 103.029 0.401
201709 0.278 103.345 0.338
201712 0.307 103.345 0.373
201803 0.219 105.004 0.262
201806 0.316 105.557 0.376
201809 0.248 105.636 0.295
201812 0.362 105.399 0.431
201903 0.222 106.979 0.260
201906 0.265 107.690 0.309
201909 0.253 107.611 0.295
201912 0.277 107.769 0.322
202003 0.181 107.927 0.210
202006 0.317 108.401 0.367
202009 0.267 108.164 0.310
202012 0.259 108.559 0.299
202103 0.244 110.298 0.278
202106 0.315 111.720 0.354
202109 0.364 112.905 0.405
202112 0.279 113.774 0.308
202203 0.323 117.646 0.344
202206 0.226 120.806 0.235
202209 0.235 120.648 0.244
202212 0.259 120.964 0.269
202303 0.290 122.702 0.297
202306 0.289 124.203 0.292
202309 0.365 125.230 0.366
202312 0.394 125.468 0.394

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  (AMEX:TGB) 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 (Taseko Mines) 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.
Executives
Sailingstone Capital Partners Llc 10 percent owner 100 WAUGH DRIVE, SUITE 600, HOUSTON TX 77007
Sailingstone Holdings Llc 10 percent owner 1 CALIFORNIA STREET, SUITE 3050, SAN FRANCISCO CA 94111
Mackenzie B Davis 10 percent owner 1 CALIFORNIA STREET, SUITE 3050, SAN FRANCISCO CA 941111
Settles Kenneth L Jr 10 percent owner 1 CALIFORNIA STREET, SUITE 3050, SAN FRANCISCO CA 94111