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Metalore Resources (Metalore Resources) Cyclically Adjusted PS Ratio : 4.88 (As of Apr. 28, 2024)


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What is Metalore Resources Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Metalore Resources's current share price is $2.05. Metalore Resources's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $0.42. Metalore Resources's Cyclically Adjusted PS Ratio for today is 4.88.

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

MTLRF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.56   Med: 3.74   Max: 7.29
Current: 5.91

During the past years, Metalore Resources's highest Cyclically Adjusted PS Ratio was 7.29. The lowest was 1.56. And the median was 3.74.

MTLRF's Cyclically Adjusted PS Ratio is ranked worse than
92.97% of 754 companies
in the Oil & Gas industry
Industry Median: 0.895 vs MTLRF: 5.91

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.

Metalore Resources's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.051. 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 $0.42 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Metalore Resources Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Metalore Resources'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.

Metalore Resources Cyclically Adjusted PS Ratio Chart

Metalore Resources Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.62 3.93 6.29 4.83 4.72

Metalore Resources 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 4.62 4.72 5.10 5.80 5.22

Competitive Comparison of Metalore Resources's Cyclically Adjusted PS Ratio

For the Oil & Gas E&P subindustry, Metalore Resources'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.


Metalore Resources's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Metalore Resources's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Metalore Resources 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.

Metalore Resources's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.05/0.42
=4.88

* 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.

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

For example, Metalore Resources'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)
=0.051/125.4675*125.4675
=0.051

Current CPI (Dec. 2023) = 125.4675.

Metalore Resources Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.132 98.604 0.168
201406 0.106 99.473 0.134
201409 0.118 99.394 0.149
201412 0.109 98.367 0.139
201503 0.178 99.789 0.224
201506 0.065 100.500 0.081
201509 0.094 100.421 0.117
201512 0.053 99.947 0.067
201603 0.069 101.054 0.086
201606 0.064 102.002 0.079
201609 0.061 101.765 0.075
201612 0.083 101.449 0.103
201703 0.092 102.634 0.112
201706 0.068 103.029 0.083
201709 0.083 103.345 0.101
201712 0.105 103.345 0.127
201803 0.085 105.004 0.102
201806 0.057 105.557 0.068
201809 0.086 105.636 0.102
201812 0.105 105.399 0.125
201903 0.083 106.979 0.097
201906 0.049 107.690 0.057
201909 0.056 107.611 0.065
201912 0.095 107.769 0.111
202003 0.059 107.927 0.069
202006 0.054 108.401 0.063
202009 0.073 108.164 0.085
202012 0.085 108.559 0.098
202103 0.073 110.298 0.083
202106 0.070 111.720 0.079
202109 0.079 112.905 0.088
202112 0.113 113.774 0.125
202203 0.102 117.646 0.109
202206 0.117 120.806 0.122
202209 0.153 120.648 0.159
202212 0.114 120.964 0.118
202303 0.069 122.702 0.071
202306 0.035 124.203 0.035
202309 0.048 125.230 0.048
202312 0.051 125.468 0.051

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.


Metalore Resources  (OTCPK:MTLRF) 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.


Metalore Resources Cyclically Adjusted PS Ratio Related Terms

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


Metalore Resources (Metalore Resources) Business Description

Traded in Other Exchanges
Address
124 Norfolk Street North, P.O. Box 422, Simcoe, ON, CAN, N3Y 3N8
Metalore Resources Ltd is a Canada-based resource company focused on natural gas production and gold exploration. It owns and controls petroleum, natural gas, and mineral leases in Charlotteville, Walsingham, and Houghton townships in Norfolk County, Ontario. The company's properties for gold exploration include Paint LakeProperty and Brookbank Jv Properties. It generates the majority of revenue from the sale of natural gas.

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