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Titan Minerals (ASX:TTM) Cyclically Adjusted PS Ratio : (As of Sep. 26, 2024)


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What is Titan Minerals Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Titan Minerals Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Titan Minerals'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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Titan Minerals Cyclically Adjusted PS Ratio Chart

Titan Minerals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
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Titan Minerals Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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Competitive Comparison of Titan Minerals's Cyclically Adjusted PS Ratio

For the Gold subindustry, Titan Minerals'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.


Titan Minerals's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

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

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



Titan Minerals 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.

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

For example, Titan Minerals'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)
=0/126.3989*126.3989
=0.000

Current CPI (Dec23) = 126.3989.

Titan Minerals Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 43.152 99.002 55.094
201512 16.056 100.673 20.159
201612 12.743 102.159 15.767
201712 0.162 104.110 0.197
201812 0.274 105.967 0.327
201912 0.522 107.917 0.611
202012 0.071 108.846 0.082
202112 0.000 112.654 0.000
202212 0.000 121.477 0.000
202312 0.000 126.399 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.


Titan Minerals  (ASX:TTM) 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.


Titan Minerals Cyclically Adjusted PS Ratio Related Terms

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Titan Minerals Business Description

Traded in Other Exchanges
Address
295 Rokeby Road, Suite 1, Subiaco, WA, AUS, 6008
Titan Minerals Ltd is a Canada-based mineral exploration company. The company's main assets are The Dynasty Project, The Linderos Project, The Copper Duke Project, and The Copper Field Prospect. It continues to evaluate new business opportunities in South America.