GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Pan American Silver Corp (FRA:PA2) » Definitions » Cyclically Adjusted Revenue per Share

Pan American Silver (FRA:PA2) Cyclically Adjusted Revenue per Share : €6.15 (As of Mar. 2024)


View and export this data going back to . Start your Free Trial

What is Pan American Silver Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Pan American Silver's adjusted revenue per share for the three months ended in Mar. 2024 was €1.518. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is €6.15 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Pan American Silver's average Cyclically Adjusted Revenue Growth Rate was 5.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 5.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Pan American Silver was 18.60% per year. The lowest was 4.00% per year. And the median was 7.65% per year.

As of today (2024-05-20), Pan American Silver's current stock price is €19.815. Pan American Silver's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €6.15. Pan American Silver's Cyclically Adjusted PS Ratio of today is 3.22.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Pan American Silver was 6.83. The lowest was 1.35. And the median was 2.98.


Pan American Silver Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Pan American Silver's Cyclically Adjusted Revenue per Share 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.

Pan American Silver Cyclically Adjusted Revenue per Share Chart

Pan American Silver Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.97 4.61 5.33 6.00 6.15

Pan American Silver Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue per Share 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 5.88 5.99 6.21 6.15 6.15

Competitive Comparison of Pan American Silver's Cyclically Adjusted Revenue per Share

For the Gold subindustry, Pan American Silver'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.


Pan American Silver's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

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

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



Pan American Silver Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Pan American Silver'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)
=1.518/126.2576*126.2576
=1.518

Current CPI (Mar. 2024) = 126.2576.

Pan American Silver Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.976 99.473 1.239
201409 0.902 99.394 1.146
201412 0.873 98.367 1.121
201503 1.085 99.789 1.373
201506 1.023 100.500 1.285
201509 0.937 100.421 1.178
201512 0.986 99.947 1.246
201603 0.935 101.054 1.168
201606 1.123 102.002 1.390
201609 1.363 101.765 1.691
201612 1.183 101.449 1.472
201703 1.213 102.634 1.492
201706 1.168 103.029 1.431
201709 1.043 103.345 1.274
201712 1.245 103.345 1.521
201803 1.093 105.004 1.314
201806 1.207 105.557 1.444
201809 1.048 105.636 1.253
201812 0.992 105.399 1.188
201903 1.271 106.979 1.500
201906 1.438 107.690 1.686
201909 1.525 107.611 1.789
201912 1.733 107.769 2.030
202003 1.546 107.927 1.809
202006 1.054 108.401 1.228
202009 1.212 108.164 1.415
202012 1.682 108.559 1.956
202103 1.471 110.298 1.684
202106 1.507 111.720 1.703
202109 1.860 112.905 2.080
202112 1.775 113.774 1.970
202203 1.897 117.646 2.036
202206 1.530 120.806 1.599
202209 1.626 120.648 1.702
202212 1.683 120.964 1.757
202303 1.730 122.702 1.780
202306 1.621 124.203 1.648
202309 1.585 125.230 1.598
202312 1.683 125.072 1.699
202403 1.518 126.258 1.518

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Pan American Silver  (FRA:PA2) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Pan American Silver's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=19.815/6.15
=3.22

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Pan American Silver was 6.83. The lowest was 1.35. And the median was 2.98.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Pan American Silver Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Pan American Silver's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Pan American Silver (FRA:PA2) Business Description

Industry
Address
1440 - 625 Howe Street, Vancouver, BC, CAN, V6C 2T6
Pan American Silver Corp is a mining company principally engaged in the operation and development of, and exploration for, silver and gold-producing properties and assets. Its principal products are silver and gold, although it also produces and sells zinc, lead, and copper. Its operating mines comprise La Colorada, Dolores, Huaron, Morococha, Shahuindo, La Arena, Timmins West, Bell Creek, Manantial Espejo, and San Vicente mines.

Pan American Silver (FRA:PA2) Headlines

No Headlines