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Direct Nickel (ASX:DIR) Cyclically Adjusted PS Ratio : (As of May. 17, 2024)


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What is Direct Nickel 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


Direct Nickel Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Direct Nickel'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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Direct Nickel Cyclically Adjusted PS Ratio Chart

Direct Nickel Annual Data
Trend Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Cyclically Adjusted PS Ratio
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Direct Nickel Semi-Annual Data
Jun04 Dec04 Jun05 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14
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Competitive Comparison of Direct Nickel's Cyclically Adjusted PS Ratio

For the Other Industrial Metals & Mining subindustry, Direct Nickel'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.


Direct Nickel's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

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

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



Direct Nickel 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.

Direct Nickel's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun14 is calculated as:

For example, Direct Nickel's adjusted Revenue per Share data for the fiscal year that ended in Jun14 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun14 (Change)*Current CPI (Jun14)
=0.001/98.3515*98.3515
=0.001

Current CPI (Jun14) = 98.3515.

Direct Nickel Annual Data

Revenue per Share CPI Adj_RevenuePerShare
200506 0.000 76.712 0.000
200606 0.000 79.777 0.000
200706 0.000 81.449 0.000
200806 0.000 85.071 0.000
200906 0.000 86.278 0.000
201006 0.000 88.971 0.000
201106 0.000 92.129 0.000
201206 0.000 93.244 0.000
201306 0.025 95.473 0.026
201406 0.001 98.352 0.001

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.


Direct Nickel  (ASX:DIR) 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.


Direct Nickel Cyclically Adjusted PS Ratio Related Terms

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Direct Nickel (ASX:DIR) Business Description

Traded in Other Exchanges
N/A
Address
Direct Nickel Ltd is incorporated and domiciled in Australia. The Company is engaged in the research and development of nickel processing technology within the Oceania region. The Company has operations in Sydney and Perth. It also operates in Indonesia through its subsidiary, PT Direct Nickel with offices in Jakarta and has a 50% interest in a laterite deposit in Papua New Guinea.

Direct Nickel (ASX:DIR) Headlines

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