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Alderon Iron Ore (Alderon Iron Ore) Cyclically Adjusted PS Ratio : (As of May. 15, 2024)


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What is Alderon Iron Ore Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Alderon Iron Ore Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Alderon Iron Ore'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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Alderon Iron Ore Cyclically Adjusted PS Ratio Chart

Alderon Iron Ore Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted PS Ratio
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Alderon Iron Ore Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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Competitive Comparison of Alderon Iron Ore's Cyclically Adjusted PS Ratio

For the Other Industrial Metals & Mining subindustry, Alderon Iron Ore'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.


Alderon Iron Ore's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Alderon Iron Ore's Cyclically Adjusted PS Ratio falls into.



Alderon Iron Ore 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.

Alderon Iron Ore's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2019 is calculated as:

For example, Alderon Iron Ore's adjusted Revenue per Share data for the three months ended in Sep. 2019 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2019 (Change)*Current CPI (Sep. 2019)
=0/107.6113*107.6113
=0.000

Current CPI (Sep. 2019) = 107.6113.

Alderon Iron Ore Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200912 0.000 90.703 0.000
201003 0.000 91.335 0.000
201006 0.000 91.809 0.000
201009 0.000 92.362 0.000
201012 0.000 92.836 0.000
201103 0.000 94.338 0.000
201106 0.000 94.654 0.000
201109 0.000 95.286 0.000
201112 0.000 94.970 0.000
201203 0.000 96.155 0.000
201206 0.000 96.076 0.000
201209 0.000 96.392 0.000
201212 0.000 95.760 0.000
201303 0.000 97.103 0.000
201306 0.000 97.182 0.000
201309 0.000 97.419 0.000
201312 0.000 96.945 0.000
201403 0.000 98.604 0.000
201406 0.000 99.473 0.000
201409 0.000 99.394 0.000
201412 0.000 98.367 0.000
201503 0.000 99.789 0.000
201506 0.000 100.500 0.000
201509 0.000 100.421 0.000
201512 0.000 99.947 0.000
201603 0.000 101.054 0.000
201606 0.000 102.002 0.000
201609 0.000 101.765 0.000
201612 0.000 101.449 0.000
201703 0.000 102.634 0.000
201706 0.000 103.029 0.000
201709 0.000 103.345 0.000
201712 0.000 103.345 0.000
201803 0.000 105.004 0.000
201806 0.000 105.557 0.000
201809 0.000 105.636 0.000
201812 0.000 105.399 0.000
201903 0.000 106.979 0.000
201906 0.000 107.690 0.000
201909 0.000 107.611 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.


Alderon Iron Ore  (OTCPK:AXXDF) 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.


Alderon Iron Ore Cyclically Adjusted PS Ratio Related Terms

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Alderon Iron Ore (Alderon Iron Ore) Business Description

Traded in Other Exchanges
N/A
Address
1140 West Pender Street, Suite 1240, Vancouver, BC, CAN, V6E 4G1
Alderon Iron Ore Corp is a Canada based development-stage company. It is conducting iron ore evaluation activities related entirely to its Canadian properties located in western Labrador in the province of Newfoundland and Labrador. The company's operating segment is the acquisition, exploration, and evaluation of mineral resources. Its flagship project is the Kami Iron Ore project located in the Labrador Trough.

Alderon Iron Ore (Alderon Iron Ore) Headlines