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Altius Minerals (Altius Minerals) Cyclically Adjusted PS Ratio : 17.33 (As of Apr. 28, 2024)


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What is Altius Minerals Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Altius Minerals's current share price is $16.12. Altius Minerals's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $0.93. Altius Minerals's Cyclically Adjusted PS Ratio for today is 17.33.

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

ATUSF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 12.96   Med: 35.82   Max: 79.25
Current: 17.86

During the past years, Altius Minerals's highest Cyclically Adjusted PS Ratio was 79.25. The lowest was 12.96. And the median was 35.82.

ATUSF's Cyclically Adjusted PS Ratio is ranked worse than
95.55% of 584 companies
in the Metals & Mining industry
Industry Median: 1.315 vs ATUSF: 17.86

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.

Altius Minerals's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.214. 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 $0.93 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Altius Minerals Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Altius Minerals'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.

Altius Minerals Cyclically Adjusted PS Ratio Chart

Altius Minerals Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.03 21.88 21.01 20.92 14.94

Altius Minerals 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 20.92 20.51 18.76 18.20 14.94

Competitive Comparison of Altius Minerals's Cyclically Adjusted PS Ratio

For the Other Industrial Metals & Mining subindustry, Altius Minerals'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.


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

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

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



Altius Minerals 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.

Altius Minerals's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=16.12/0.93
=17.33

* 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.

Altius Minerals's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Altius Minerals'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)
=0.214/125.4675*125.4675
=0.214

Current CPI (Dec. 2023) = 125.4675.

Altius Minerals Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201401 0.066 97.261 0.085
201404 0.014 98.920 0.018
201407 0.018 99.315 0.023
201410 0.012 99.473 0.015
201501 0.026 98.209 0.033
201504 0.015 99.710 0.019
201507 0.066 100.579 0.082
201510 0.060 100.500 0.075
201601 0.042 100.184 0.053
201604 0.046 101.370 0.057
201607 0.078 101.844 0.096
201610 0.094 102.002 0.116
201701 0.130 102.318 0.159
201704 0.130 103.029 0.158
201707 0.169 103.029 0.206
201710 0.221 103.424 0.268
201803 0.166 105.004 0.198
201806 0.224 105.557 0.266
201809 0.235 105.636 0.279
201812 0.228 105.399 0.271
201903 0.292 106.979 0.342
201906 0.265 107.690 0.309
201909 0.272 107.611 0.317
201912 0.236 107.769 0.275
202003 0.223 107.927 0.259
202006 0.180 108.401 0.208
202009 0.275 108.164 0.319
202012 0.399 108.559 0.461
202103 0.322 110.298 0.366
202106 0.403 111.720 0.453
202109 0.375 112.905 0.417
202112 0.415 113.774 0.458
202203 0.487 117.646 0.519
202206 0.446 120.806 0.463
202209 0.400 120.648 0.416
202212 0.328 120.964 0.340
202303 0.341 122.702 0.349
202306 0.268 124.203 0.271
202309 0.229 125.230 0.229
202312 0.214 125.468 0.214

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.


Altius Minerals  (OTCPK:ATUSF) 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.


Altius Minerals Cyclically Adjusted PS Ratio Related Terms

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Altius Minerals (Altius Minerals) Business Description

Traded in Other Exchanges
Address
38 Duffy Place, 2nd Floor, St. John's, NL, CAN, A1B 4M5
Altius Minerals Corp is engaged in the business of obtaining diversified mining royalty. It holds interests in mining operations that produce metals and minerals such as copper, zinc, nickel, cobalt, gold, silver, and potash. The corporation also holds other pre-development stage royalty interests and various earlier stage royalties. It is engaged in the operating segments of Mineral Royalties, Renewable Royalties and Project Generation.