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First Phosphate (FRA:KD0) Cyclically Adjusted PS Ratio : (As of Dec. 15, 2024)


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What is First Phosphate Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


First Phosphate Cyclically Adjusted PS Ratio Historical Data

The historical data trend for First Phosphate'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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First Phosphate Cyclically Adjusted PS Ratio Chart

First Phosphate Annual Data
Trend Feb09 Feb10 Feb11 Feb12 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted PS Ratio
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First Phosphate Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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Competitive Comparison of First Phosphate's Cyclically Adjusted PS Ratio

For the Other Industrial Metals & Mining subindustry, First Phosphate'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.


First Phosphate's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

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

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



First Phosphate 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.

First Phosphate's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Feb24 is calculated as:

For example, First Phosphate's adjusted Revenue per Share data for the fiscal year that ended in Feb24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb24 (Change)*Current CPI (Feb24)
=0/125.4675*125.4675
=0.000

Current CPI (Feb24) = 125.4675.

First Phosphate Annual Data

Revenue per Share CPI Adj_RevenuePerShare
200902 0.000 89.913 0.000
201002 0.000 91.335 0.000
201102 0.000 93.311 0.000
201202 0.000 95.760 0.000
201902 0.000 106.268 0.000
202002 0.000 108.559 0.000
202102 0.000 109.745 0.000
202202 0.000 115.986 0.000
202302 0.000 122.070 0.000
202402 0.000 125.468 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.


First Phosphate  (FRA:KD0) 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.


First Phosphate Cyclically Adjusted PS Ratio Related Terms

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First Phosphate Business Description

Traded in Other Exchanges
Address
1055 West Georgia Street, Suite 1500, Royal Centre, P.O. Box 11117, Vancouver, BC, CAN, V6E 4N7
First Phosphate Corp owns and is developing igneous rock phosphate mineral properties in the Saguenay Region of Quebec for the production of phosphoric acid for the production of cathode active material (CAM) for use in lithium iron phosphate (LPF) batteries for the electric vehicle industry.

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