GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Haranga Resources Ltd (ASX:HAR) » Definitions » Cyclically Adjusted PS Ratio

Haranga Resources (ASX:HAR) Cyclically Adjusted PS Ratio : (As of Dec. 15, 2024)


View and export this data going back to 2022. Start your Free Trial

What is Haranga Resources Cyclically Adjusted PS Ratio?

Haranga Resources does not have a history long enough to calculate Cyclically Adjusted Revenue per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PS Ratio for this company.

Shiller PE for Stocks: The True Measure of Stock Valuation


Haranga Resources Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Haranga 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.

Haranga Resources Cyclically Adjusted PS Ratio Chart

Haranga Resources Annual Data
Trend Dec22 Dec23
Cyclically Adjusted PS Ratio
- -

Haranga Resources Semi-Annual Data
Jun21 Jun22 Dec22 Jun23 Dec23 Jun24
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial - - - - -

Competitive Comparison of Haranga Resources's Cyclically Adjusted PS Ratio

For the Other Precious Metals & Mining subindustry, Haranga 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.


Haranga Resources's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

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

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



Haranga 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.

Haranga Resources does not have a history long enough to calculate Cyclically Adjusted Revenue per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PS Ratio for this company.


Haranga Resources  (ASX:HAR) 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.


Haranga Resources Cyclically Adjusted PS Ratio Related Terms

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


Haranga Resources Business Description

Traded in Other Exchanges
Address
63 Shepperton Road, Suite 7, Victoria Park, WA, AUS, 6100
Haranga Resources Ltd is engaged in exploring gold and uranium assets in West Africa. Its project portfolio includes Issia Gold Project, Burkina Faso, Uranium Today, and Saraya Uranium Project.

Haranga Resources Headlines

No Headlines