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Signal Gold (TSX:SGNL) Cyclically Adjusted PS Ratio : (As of May. 24, 2024)


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What is Signal Gold Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Signal Gold Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Signal Gold'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.

Signal Gold Cyclically Adjusted PS Ratio Chart

Signal Gold Annual Data
Trend May14 May15 May16 May17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 1.39 1.44 0.71 -

Signal Gold 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 - - - - -

Competitive Comparison of Signal Gold's Cyclically Adjusted PS Ratio

For the Gold subindustry, Signal Gold'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.


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

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

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



Signal Gold 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.

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

For example, Signal Gold'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)
=0/126.2576*126.2576
=0.000

Current CPI (Mar. 2024) = 126.2576.

Signal Gold Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201402 0.086 98.051 0.111
201405 0.117 99.394 0.149
201408 0.122 99.315 0.155
201411 0.107 99.078 0.136
201502 0.139 99.078 0.177
201505 0.126 100.263 0.159
201508 0.129 100.579 0.162
201511 0.151 100.421 0.190
201602 0.111 100.421 0.140
201605 0.151 101.765 0.187
201608 0.103 101.686 0.128
201611 0.138 101.607 0.171
201702 0.108 102.476 0.133
201705 0.148 103.108 0.181
201708 0.085 103.108 0.104
201803 0.068 105.004 0.082
201806 0.069 105.557 0.083
201809 0.058 105.636 0.069
201812 0.082 105.399 0.098
201903 0.073 106.979 0.086
201906 0.046 107.690 0.054
201909 0.066 107.611 0.077
201912 0.048 107.769 0.056
202003 0.077 107.927 0.090
202006 0.061 108.401 0.071
202009 0.083 108.164 0.097
202012 0.063 108.559 0.073
202103 0.045 110.298 0.052
202106 0.041 111.720 0.046
202109 0.033 112.905 0.037
202112 0.042 113.774 0.047
202203 0.044 117.646 0.047
202206 0.000 120.806 0.000
202209 0.000 120.648 0.000
202212 0.227 120.964 0.237
202303 0.000 122.702 0.000
202306 0.000 124.203 0.000
202309 0.000 125.230 0.000
202312 0.000 125.072 0.000
202403 0.000 126.258 0.000

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.


Signal Gold  (TSX:SGNL) 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.


Signal Gold Cyclically Adjusted PS Ratio Related Terms

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


Signal Gold (TSX:SGNL) Business Description

Traded in Other Exchanges
Address
20 Adelaide St. East, Suite 915, Toronto, ON, CAN, M5C 2T6
Signal Gold Inc is gold mining, development, and exploration company focused on the top-tier Canadian mining jurisdictions of Nova Scotia and Newfoundland. The company operates mining and milling operations in the Goldboro Gold Project in Nova Scotia, the prolific Baie Verte Mining District of Newfoundland which includes the fully-permitted Pine Cove Mill, tailings facility, and deep-water port, as well as 15,000 hectares of mineral property at Tilt Cove.
Executives
Robert Dufour Senior Officer

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