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Australian Zircon NL (ASX:AZCCA) Cyclically Adjusted PS Ratio : (As of Jun. 09, 2024)


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What is Australian Zircon NL Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Australian Zircon NL Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Australian Zircon NL'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.

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Australian Zircon NL Cyclically Adjusted PS Ratio Chart

Australian Zircon NL Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15
Cyclically Adjusted PS Ratio
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Australian Zircon NL Semi-Annual Data
Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Jun10 Jun11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15
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Competitive Comparison of Australian Zircon NL's Cyclically Adjusted PS Ratio

For the Other Industrial Metals & Mining subindustry, Australian Zircon NL'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.


Australian Zircon NL's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Australian Zircon NL's Cyclically Adjusted PS Ratio falls into.



Australian Zircon NL 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.

Australian Zircon NL's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun15 is calculated as:

For example, Australian Zircon NL's adjusted Revenue per Share data for the fiscal year that ended in Jun15 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun15 (Change)*Current CPI (Jun15)
=0/99.8375*99.8375
=0.000

Current CPI (Jun15) = 99.8375.

Australian Zircon NL Annual Data

Revenue per Share CPI Adj_RevenuePerShare
200606 0.000 79.777 0.000
200706 0.000 81.449 0.000
200806 0.008 85.071 0.009
200906 0.033 86.278 0.038
201006 0.006 88.971 0.007
201106 0.000 92.129 0.000
201206 0.000 93.244 0.000
201306 0.000 95.473 0.000
201406 0.000 98.352 0.000
201506 0.000 99.838 0.000

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.


Australian Zircon NL  (ASX:AZCCA) 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.


Australian Zircon NL Cyclically Adjusted PS Ratio Related Terms

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Australian Zircon NL (ASX:AZCCA) Business Description

Traded in Other Exchanges
N/A
Address
Australian Zircon NL is incorporated in Australia and was founded in 1994. The Company is engaged in mineral sands exploration and mining business. The Company focuses on developing the WIM150 mineral sands project located in the Wimmera region of western Victoria. It also holds interest in the EL 5460 exploration tenement located in the Horsham region, Victoria.

Australian Zircon NL (ASX:AZCCA) Headlines

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