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Iamgold (TSX:IMG) Cyclically Adjusted PS Ratio : 1.58 (As of May. 30, 2024)


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What is Iamgold Cyclically Adjusted PS Ratio?

As of today (2024-05-30), Iamgold's current share price is C$5.48. Iamgold's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$3.47. Iamgold's Cyclically Adjusted PS Ratio for today is 1.58.

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

TSX:IMG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.39   Med: 1.27   Max: 2.56
Current: 1.61

During the past years, Iamgold's highest Cyclically Adjusted PS Ratio was 2.56. The lowest was 0.39. And the median was 1.27.

TSX:IMG's Cyclically Adjusted PS Ratio is ranked worse than
55.77% of 581 companies
in the Metals & Mining industry
Industry Median: 1.33 vs TSX:IMG: 1.61

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.

Iamgold's adjusted revenue per share data for the three months ended in Mar. 2024 was C$0.930. 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 C$3.47 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Iamgold Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Iamgold'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.

Iamgold Cyclically Adjusted PS Ratio Chart

Iamgold 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 1.39 1.33 1.17 1.03 0.97

Iamgold 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 1.09 1.04 0.87 0.97 1.30

Competitive Comparison of Iamgold's Cyclically Adjusted PS Ratio

For the Gold subindustry, Iamgold'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.


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

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

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



Iamgold 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.

Iamgold's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.48/3.47
=1.58

* 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.

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

For example, Iamgold'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)
=0.93/126.2576*126.2576
=0.930

Current CPI (Mar. 2024) = 126.2576.

Iamgold Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.665 99.473 0.844
201409 0.838 99.394 1.064
201412 0.834 98.367 1.070
201503 0.802 99.789 1.015
201506 0.716 100.500 0.900
201509 0.704 100.421 0.885
201512 0.834 99.947 1.054
201603 0.730 101.054 0.912
201606 0.739 102.002 0.915
201609 0.856 101.765 1.062
201612 0.739 101.449 0.920
201703 0.762 102.634 0.937
201706 0.778 103.029 0.953
201709 0.703 103.345 0.859
201712 0.791 103.345 0.966
201803 0.864 105.004 1.039
201806 0.780 105.557 0.933
201809 0.684 105.636 0.818
201812 0.790 105.399 0.946
201903 0.718 106.979 0.847
201906 0.700 107.690 0.821
201909 0.776 107.611 0.910
201912 0.825 107.769 0.967
202003 0.815 107.927 0.953
202006 0.810 108.401 0.943
202009 0.936 108.164 1.093
202012 0.897 108.559 1.043
202103 0.777 110.298 0.889
202106 0.681 111.720 0.770
202109 0.782 112.905 0.874
202112 0.049 113.774 0.054
202203 0.695 117.646 0.746
202206 0.621 120.806 0.649
202209 0.709 120.648 0.742
202212 0.588 120.964 0.614
202303 0.641 122.702 0.660
202306 0.655 124.203 0.666
202309 0.631 125.230 0.636
202312 0.822 125.072 0.830
202403 0.930 126.258 0.930

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.


Iamgold  (TSX:IMG) 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.


Iamgold Cyclically Adjusted PS Ratio Related Terms

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


Iamgold (TSX:IMG) Business Description

Traded in Other Exchanges
Address
401 Bay Street, Suite 3200, P.O. Box 153, Toronto, ON, CAN, M5H 2Y4
Iamgold Corp is a mid-tier gold mining company operating in three regions globally North America, South America and West Africa. Within these regions, the company is developing potential mining districts that encompass operating mines and construction, development and exploration projects. The company's operating mines include Essakane in Burkina Faso, Rosebel in Suriname and Westwood in Canada. A solid base of strategic assets is complemented by the Cote Gold construction project in Canada, the Boto Gold development project in Senegal, as well as greenfield and brownfield exploration projects in various countries located in the Americas and West Africa.
Executives
David Smith Director

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