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A-Mark Precious Metals (A-Mark Precious Metals) Cyclically Adjusted PS Ratio : 0.08 (As of Apr. 30, 2024)


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What is A-Mark Precious Metals Cyclically Adjusted PS Ratio?

As of today (2024-04-30), A-Mark Precious Metals's current share price is $40.07. A-Mark Precious Metals's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $502.45. A-Mark Precious Metals's Cyclically Adjusted PS Ratio for today is 0.08.

The historical rank and industry rank for A-Mark Precious Metals's Cyclically Adjusted PS Ratio or its related term are showing as below:

AMRK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.06   Max: 0.08
Current: 0.08

During the past years, A-Mark Precious Metals's highest Cyclically Adjusted PS Ratio was 0.08. The lowest was 0.05. And the median was 0.06.

AMRK's Cyclically Adjusted PS Ratio is ranked better than
97.07% of 581 companies
in the Capital Markets industry
Industry Median: 3.03 vs AMRK: 0.08

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.

A-Mark Precious Metals's adjusted revenue per share data for the three months ended in Dec. 2023 was $86.387. 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 $502.45 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


A-Mark Precious Metals Cyclically Adjusted PS Ratio Historical Data

The historical data trend for A-Mark Precious Metals'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.

A-Mark Precious Metals Cyclically Adjusted PS Ratio Chart

A-Mark Precious Metals Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.06 0.07

A-Mark Precious Metals 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 0.07 0.07 0.07 0.06 0.06

Competitive Comparison of A-Mark Precious Metals's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, A-Mark Precious Metals'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.


A-Mark Precious Metals's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, A-Mark Precious Metals's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where A-Mark Precious Metals's Cyclically Adjusted PS Ratio falls into.



A-Mark Precious Metals 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.

A-Mark Precious Metals's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=40.07/502.45
=0.08

* 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.

A-Mark Precious Metals's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, A-Mark Precious Metals'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)
=86.387/129.4194*129.4194
=86.387

Current CPI (Dec. 2023) = 129.4194.

A-Mark Precious Metals Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 105.222 99.695 136.595
201406 99.294 100.560 127.791
201409 102.857 100.428 132.550
201412 108.993 99.070 142.383
201503 115.025 99.621 149.431
201506 102.852 100.684 132.206
201509 142.164 100.392 183.270
201512 107.399 99.792 139.284
201603 105.846 100.470 136.344
201606 121.420 101.688 154.532
201609 127.007 101.861 161.369
201612 149.554 101.863 190.013
201703 121.386 102.862 152.726
201706 93.152 103.349 116.650
201709 151.898 104.136 188.778
201712 119.515 104.011 148.711
201803 141.859 105.290 174.370
201806 125.632 106.317 152.932
201809 110.342 106.507 134.080
201812 77.688 105.998 94.854
201903 89.420 107.251 107.903
201906 60.044 108.070 71.906
201909 104.429 108.329 124.760
201912 74.796 108.420 89.283
202003 89.360 108.902 106.196
202006 116.773 108.767 138.945
202009 124.824 109.815 147.108
202012 98.447 109.897 115.936
202103 118.215 111.754 136.901
202106 91.180 114.631 102.943
202109 83.849 115.734 93.764
202112 79.821 117.630 87.821
202203 86.347 121.301 92.126
202206 85.326 125.017 88.331
202209 76.984 125.227 79.562
202212 78.833 125.222 81.476
202303 93.983 127.348 95.512
202306 127.206 128.729 127.889
202309 101.277 129.860 100.934
202312 86.387 129.419 86.387

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.


A-Mark Precious Metals  (NAS:AMRK) 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.


A-Mark Precious Metals Cyclically Adjusted PS Ratio Related Terms

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


A-Mark Precious Metals (A-Mark Precious Metals) Business Description

Traded in Other Exchanges
Address
2121 Rosecrans Avenue, Suite 6300, El Segundo, CA, USA, 90245
A-Mark Precious Metals Inc is a precious metal trading company. It is principally engaged in the wholesale of gold, silver, platinum and palladium bullion and related products in the form of bars, wafers, coins, and grains. The company's operating segment includes Wholesale Trading and Ancillary Services; Secured Lending and Direct Sales. It generates maximum revenue from the Wholesale Trading and Ancillary Services segment. The Wholesale Trading and Ancillary Services segment comprises business units such as Industrial, Coin and Bar, Trading and Finance, Storage, Logistics, and Mint. Geographically, it derives a majority of its revenue from the United States.
Executives
Michael R. Wittmeyer director 2121 ROSECRANS AVENUE, SUITE 6300, EL SEGUNDO CA 90245
Brian Aquilino officer: Chief Operating Officer 2121 ROSECRANS AVENUE, SUITE 6300, EL SEGUNDO CA 90245
Beverley Lepine director 429 SANTA MONICA BLVD., SUITE 230, SANTA MONICA CA 90401
Carol Meltzer officer: EVP, Gen. Counsel & Secretary 775 PASSAIC AVE, WEST CALDWELL NJ 07006
Gregory N Roberts director, 10 percent owner, officer: Chief Executive Officer 2625 ST ANDREWS, TUSTIN CA 92660
Thor Gjerdrum officer: President 5 FRANCIS J. CLARKE CIRCLE, BETHEL CT 06801
Jeffrey D Benjamin director, 10 percent owner 9 WEST 57TH STREET, 43TH FLOOR, NEW YORK NY 10019
Jess M Ravich director 11766 WILSHIRE BOULEVARD, SUITE 870, LOS ANGELES CA 90025
Kendall Saville director 2121 ROSECRANS AVENUE, SUITE 6300, EL SEGUNDO CA 90245
Moorhead John director 5 FRANCIS J. CLARKE CIRCLE, BETHEL CT 06801
William A Richardson 10 percent owner 2880 LAS VEGAS BLVD SOUTH, LAS VEGAS NV 89109
Kathleen Taylor-simpson officer: Chief Financial Officer 2121 ROSECRANS AVENUE, SUITE 6300, EL SEGUNDO CA 90245
A-mark Precious Metals, Inc. director 2121 ROSECRANS AVENUE, SUITE 6300, EL SEGUNDO CA 90245
Monique Sanchez director 2121 ROSECRANS AVENUE, SUITE 6300, EL SEGUNDO CA 90245
Ellis Landau director CO PINNACLE ENTERTAINMENT INC, 8918 SPANISH RIDGE AVENUE, LAS VEGAS NV 89148