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Boart Longyear (ASX:BLY) Cyclically Adjusted PS Ratio : 0.00 (As of May. 01, 2024)


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What is Boart Longyear Cyclically Adjusted PS Ratio?

As of today (2024-05-01), Boart Longyear's current share price is A$2.91. Boart Longyear's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was A$3,504.81. Boart Longyear's Cyclically Adjusted PS Ratio for today is 0.00.

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

During the past 13 years, Boart Longyear's highest Cyclically Adjusted PS Ratio was 0.03. The lowest was 0.01. And the median was 0.01.

ASX:BLY's Cyclically Adjusted PS Ratio is not ranked *
in the Oil & Gas industry.
Industry Median: 0.9
* Ranked among companies with meaningful Cyclically Adjusted PS Ratio only.

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.

Boart Longyear's adjusted revenue per share data of for the fiscal year that ended in Dec23 was A$5.309. 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 A$3,504.81 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Boart Longyear Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Boart Longyear'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.

Boart Longyear Cyclically Adjusted PS Ratio Chart

Boart Longyear Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
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Boart Longyear Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Boart Longyear's Cyclically Adjusted PS Ratio

For the Oil & Gas Equipment & Services subindustry, Boart Longyear'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.


Boart Longyear's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

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

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



Boart Longyear 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.

Boart Longyear's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.91/3504.81
=0.00

* 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.

Boart Longyear's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Boart Longyear's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=5.309/129.4194*129.4194
=5.309

Current CPI (Dec23) = 129.4194.

Boart Longyear Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 13,454.333 99.070 17,576.027
201512 6,718.662 99.792 8,713.341
201612 5,604.564 101.863 7,120.755
201712 628.949 104.011 782.591
201812 245.237 105.998 299.425
201912 246.798 108.420 294.599
202012 198.420 109.897 233.668
202112 15.429 117.630 16.975
202212 5.203 125.222 5.377
202312 5.309 129.419 5.309

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.


Boart Longyear  (ASX:BLY) 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.


Boart Longyear Cyclically Adjusted PS Ratio Related Terms

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


Boart Longyear (ASX:BLY) Business Description

Industry
Traded in Other Exchanges
Address
2455 South 3600 West, Salt Lake City, UT, USA, 84119
Boart Longyear Ltd is a U.S.-based ASX-listed company with large market shares in the Global mineral drilling services and drilling equipment industries. The company operates two divisions: Global Drilling Services and Global Products. The Global Drilling Services division that derives the majority revenue operates for a diverse mining customer base spanning a wide range of commodities, including copper, gold, nickel, zinc, uranium, and other metals and minerals. The Global Products division designs, manufactures and sells drilling equipment, performance tooling, down-hole instrumentation, and parts and services.

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