North Mining Shares Co (FRA:MB20) Cyclically Adjusted PS Ratio: (As of Aug. 06, 2026)

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Director of Data and Quant Analytics at GuruFocus
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What is North Mining Shares Co Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


North Mining Shares Co  (FRA:MB20) 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.


North Mining Shares Co Cyclically Adjusted PS Ratio Related Terms


North Mining Shares Co Cyclically Adjusted PS Ratio Historical Data

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The historical data trend for North Mining Shares Co'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.

North Mining Shares Co Cyclically Adjusted PS Ratio Chart

North Mining Shares Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.39 0.11 0.04 0.13

North Mining Shares Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.11 0.00 0.04 0.00 0.13

FRA:MB20 vs : Cyclically Adjusted PS Ratio Comparison

For the Chemicals subindustry, North Mining Shares Co'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.


North Mining Shares Co Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, North Mining Shares Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where North Mining Shares Co's Cyclically Adjusted PS Ratio falls into.



North Mining Shares Co 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.

North Mining Shares Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, North Mining Shares Co's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=0.009/324.0540*324.0540
=0.009

Current CPI (Dec25) = 324.0540.

North Mining Shares Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 0.031 241.432 0.042
201712 0.047 246.524 0.062
201812 0.100 251.233 0.129
201912 0.090 256.974 0.113
202012 0.062 260.474 0.077
202112 0.131 278.802 0.152
202212 0.134 296.797 0.146
202312 0.048 306.746 0.051
202412 0.001 315.605 0.001
202512 0.009 324.054 0.009

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.


North Mining Shares Co Business Description

Comparable Companies
Other Exchanges 00433:Hong Kong
Address 6 Tonnochy Road, Room 2004-05, 20th Floor, Kwan Chart Tower, Wan Chai, Hong Kong, HKG
North Mining Shares Co Ltd is an investment holding company. The principal activities of the company and its subsidiaries are mining operations - exploitation, exploration, and discontinued operations: manufacture of mineral resources, sales of chemical products and sales of aluminium plates. Its reportable operating segments are: i) The Mining operation: Exploration of mineral mines and Exploitation of molybdenum mines, ii) Chemical trading operation: Manufacturing and sale of chemical products. iii) Aluminium metal trading operation: Sale of aluminium plate products. Geographically, it generates the majority of its revenue from the PRC.