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Zijin Mining Group Co (Zijin Mining Group Co) Cyclically Adjusted PS Ratio : 2.95 (As of May. 16, 2024)


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What is Zijin Mining Group Co Cyclically Adjusted PS Ratio?

As of today (2024-05-16), Zijin Mining Group Co's current share price is $2.36. Zijin Mining Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $0.80. Zijin Mining Group Co's Cyclically Adjusted PS Ratio for today is 2.95.

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

ZIJMF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.95   Med: 1.71   Max: 3.38
Current: 2.78

During the past years, Zijin Mining Group Co's highest Cyclically Adjusted PS Ratio was 3.38. The lowest was 0.95. And the median was 1.71.

ZIJMF's Cyclically Adjusted PS Ratio is ranked worse than
70.7% of 587 companies
in the Metals & Mining industry
Industry Median: 1.32 vs ZIJMF: 2.78

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.

Zijin Mining Group Co's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.395. 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 $0.80 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zijin Mining Group Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Zijin Mining Group Co'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.

Zijin Mining Group Co Cyclically Adjusted PS Ratio Chart

Zijin Mining Group Co 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 1.31 2.30 2.05 1.79 1.95

Zijin Mining Group Co 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 2.14 1.90 1.94 1.95 2.54

Competitive Comparison of Zijin Mining Group Co's Cyclically Adjusted PS Ratio

For the Gold subindustry, Zijin Mining Group Co'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.


Zijin Mining Group Co's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Zijin Mining Group Co's Cyclically Adjusted PS Ratio falls into.



Zijin Mining Group Co 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.

Zijin Mining Group Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.36/0.8
=2.95

* 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.

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

For example, Zijin Mining Group Co'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)
=0.395/115.2271*115.2271
=0.395

Current CPI (Mar. 2024) = 115.2271.

Zijin Mining Group Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.098 98.200 0.115
201409 0.126 98.900 0.147
201412 0.136 99.000 0.158
201503 0.117 99.900 0.135
201506 0.172 99.500 0.199
201509 0.160 100.500 0.183
201512 0.094 100.600 0.108
201603 0.140 102.200 0.158
201606 0.137 101.400 0.156
201609 0.128 102.400 0.144
201612 0.145 102.600 0.163
201703 0.125 103.200 0.140
201706 0.128 103.100 0.143
201709 0.163 104.100 0.180
201712 0.232 104.500 0.256
201803 0.157 105.300 0.172
201806 0.182 104.900 0.200
201809 0.168 106.600 0.182
201812 0.196 106.500 0.212
201903 0.188 107.700 0.201
201906 0.237 107.700 0.254
201909 0.214 109.800 0.225
201912 0.186 111.200 0.193
202003 0.203 112.300 0.208
202006 0.259 110.400 0.270
202009 0.274 111.700 0.283
202012 0.225 111.500 0.233
202103 0.276 112.662 0.282
202106 0.382 111.769 0.394
202109 0.348 112.215 0.357
202112 0.321 113.108 0.327
202203 0.388 114.335 0.391
202206 0.384 114.558 0.386
202209 0.391 115.339 0.391
202212 0.355 115.116 0.355
202303 0.414 115.116 0.414
202306 0.399 114.558 0.401
202309 0.391 115.339 0.391
202312 0.358 114.781 0.359
202403 0.395 115.227 0.395

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.


Zijin Mining Group Co  (OTCPK:ZIJMF) 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.


Zijin Mining Group Co Cyclically Adjusted PS Ratio Related Terms

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Zijin Mining Group Co (Zijin Mining Group Co) Business Description

Address
No.1 Zijin Road, Zijin Tower, Fujian Province, Shanghang County, Longyan, CHN, 364200
Zijin Mining Group Co Ltd is focusing on the exploration and development of gold and copper and other metal mineral resources. The company's operating segment includes Gold bullion; Processed, refined, and trading gold; Gold concentrates; Electrolytic copper & electrodeposited copper; Refined copper; Copper concentrates; Other concentrates; Zinc bullion, Environmental protection, trading, and others. It generates maximum revenue from the Processed, refined & trading gold segment. The Processed, refined, and trading gold segment is engaged in the production of gold bullion by processing gold concentrates produced by the group or purchased from external suppliers and gold bullion in the business of physical gold trading. Geographically, the majority is derived from Mainland China.

Zijin Mining Group Co (Zijin Mining Group Co) Headlines