GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Harvest Minerals Ltd (FRA:7HM) » Definitions » Cyclically Adjusted PS Ratio

Harvest Minerals (FRA:7HM) Cyclically Adjusted PS Ratio : 0.65 (As of Dec. 13, 2024)


View and export this data going back to 2018. Start your Free Trial

What is Harvest Minerals Cyclically Adjusted PS Ratio?

As of today (2024-12-13), Harvest Minerals's current share price is €0.0065. Harvest Minerals's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was €0.01. Harvest Minerals's Cyclically Adjusted PS Ratio for today is 0.65.

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

FRA:7HM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.43   Med: 1.08   Max: 2.15
Current: 0.43

During the past 10 years, Harvest Minerals's highest Cyclically Adjusted PS Ratio was 2.15. The lowest was 0.43. And the median was 1.08.

FRA:7HM's Cyclically Adjusted PS Ratio is ranked better than
80% of 190 companies
in the Agriculture industry
Industry Median: 1.155 vs FRA:7HM: 0.43

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.

Harvest Minerals's adjusted revenue per share data of for the fiscal year that ended in Dec23 was €0.010. 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 €0.01 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Harvest Minerals Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Harvest 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.

* Premium members only.

Harvest Minerals Cyclically Adjusted PS Ratio Chart

Harvest Minerals Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.59

Harvest Minerals Semi-Annual Data
Jun14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 0.59 -

Competitive Comparison of Harvest Minerals's Cyclically Adjusted PS Ratio

For the Agricultural Inputs subindustry, Harvest 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.


Harvest Minerals's Cyclically Adjusted PS Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Harvest Minerals's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Harvest 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.

Harvest Minerals's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.0065/0.01
=0.65

* 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.

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

For example, Harvest 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)
=0.01/126.3989*126.3989
=0.010

Current CPI (Dec23) = 126.3989.

Harvest Minerals Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.000 98.352 0.000
201506 0.000 99.838 0.000
201606 0.000 100.859 0.000
201706 0.000 102.809 0.000
201806 0.000 104.945 0.000
201906 0.005 106.617 0.006
202012 0.007 108.846 0.008
202112 0.017 112.654 0.019
202212 0.029 121.477 0.030
202312 0.010 126.399 0.010

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.


Harvest Minerals  (FRA:7HM) 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.


Harvest Minerals Cyclically Adjusted PS Ratio Related Terms

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


Harvest Minerals Business Description

Traded in Other Exchanges
Address
22 Lindsay Street, Perth, WA, AUS, 6000
Harvest Minerals Ltd operates as a mineral exploration company in Brazil. It explores phosphate and potash fertilizers. The Group has some principal fertilizer projects - the Sergipe Potash Project, the Miriri Phosphate Project, Limestone Project, the Arapua Fertilizer Project, and the Mandacaru Phosphate Project. Its revenue arises mainly from the sale of fertilizer. The Group generates revenue in Brazil.

Harvest Minerals Headlines

No Headlines