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Veris Gold (FRA:NG6A) Cyclically Adjusted PS Ratio : (As of May. 24, 2024)


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What is Veris Gold Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Veris Gold Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Veris Gold'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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Veris Gold Cyclically Adjusted PS Ratio Chart

Veris Gold Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Cyclically Adjusted PS Ratio
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Veris Gold Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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Competitive Comparison of Veris Gold's Cyclically Adjusted PS Ratio

For the Gold subindustry, Veris Gold'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.


Veris Gold's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

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

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



Veris Gold 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.

Veris Gold's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2014 is calculated as:

For example, Veris Gold's adjusted Revenue per Share data for the three months ended in Sep. 2014 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2014 (Change)*Current CPI (Sep. 2014)
=0.288/99.3943*99.3943
=0.288

Current CPI (Sep. 2014) = 99.3943.

Veris Gold Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200312 0.000 81.538 0.000
200503 0.000 83.987 0.000
200506 0.000 84.461 0.000
200509 0.010 85.647 0.012
200512 0.008 85.015 0.009
200603 0.000 85.805 0.000
200606 0.000 86.516 0.000
200609 0.000 86.279 0.000
200612 0.000 86.437 0.000
200703 0.017 87.780 0.019
200706 0.000 88.412 0.000
200709 1.099 88.412 1.236
200712 1.514 88.491 1.701
200803 0.801 88.965 0.895
200806 0.275 91.177 0.300
200809 0.645 91.414 0.701
200812 0.084 89.518 0.093
200903 0.000 90.071 0.000
200906 0.110 90.940 0.120
200909 0.000 90.624 0.000
200912 0.086 90.703 0.094
201003 0.129 91.335 0.140
201006 0.149 91.809 0.161
201009 0.222 92.362 0.239
201012 0.329 92.836 0.352
201103 0.162 94.338 0.171
201106 0.231 94.654 0.243
201109 0.235 95.286 0.245
201112 0.204 94.970 0.214
201203 0.170 96.155 0.176
201206 0.303 96.076 0.313
201209 0.400 96.392 0.412
201212 0.391 95.760 0.406
201303 0.325 97.103 0.333
201306 0.280 97.182 0.286
201309 0.383 97.419 0.391
201312 0.221 96.945 0.227
201403 0.167 98.604 0.168
201406 0.254 99.473 0.254
201409 0.288 99.394 0.288

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.


Veris Gold  (FRA:NG6A) 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.


Veris Gold Cyclically Adjusted PS Ratio Related Terms

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Veris Gold (FRA:NG6A) Business Description

Traded in Other Exchanges
N/A
Address
688 West Hastings Street, Suite 900, Vancouver, BC, CAN, V6B 1P1
Veris Gold Corp is a Canadian based company engaged in the gold mining activities. It is engaged in the mining, exploration, and development of mineral properties located in Canada and the United States. The company primarily holds an interest in Jerritt Canyon gold mine located in Elko, Nevada; and the Ketza River property located in the Yukon Territory in Canada. Veris primarily explores for gold, silver, zinc, and copper properties.

Veris Gold (FRA:NG6A) Headlines

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