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Wheaton Precious Metals (FRA:SII) Cyclically Adjusted PS Ratio : 25.26 (As of Sep. 21, 2024)


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What is Wheaton Precious Metals Cyclically Adjusted PS Ratio?

As of today (2024-09-21), Wheaton Precious Metals's current share price is €56.34. Wheaton Precious Metals's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was €2.23. Wheaton Precious Metals's Cyclically Adjusted PS Ratio for today is 25.26.

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

FRA:SII' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 9.61   Med: 16.71   Max: 29.54
Current: 26.46

During the past years, Wheaton Precious Metals's highest Cyclically Adjusted PS Ratio was 29.54. The lowest was 9.61. And the median was 16.71.

FRA:SII's Cyclically Adjusted PS Ratio is ranked worse than
96.84% of 570 companies
in the Metals & Mining industry
Industry Median: 1.215 vs FRA:SII: 26.46

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.

Wheaton Precious Metals's adjusted revenue per share data for the three months ended in Jun. 2024 was €0.612. 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 €2.23 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wheaton Precious Metals Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Wheaton Precious Metals'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.

Wheaton Precious Metals Cyclically Adjusted PS Ratio Chart

Wheaton Precious Metals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.43 20.86 19.62 17.93 21.16

Wheaton Precious Metals Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 18.87 17.98 21.16 20.31 22.37

Competitive Comparison of Wheaton Precious Metals's Cyclically Adjusted PS Ratio

For the Gold subindustry, Wheaton Precious Metals'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.


Wheaton Precious Metals's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Wheaton Precious Metals's Cyclically Adjusted PS Ratio falls into.



Wheaton Precious Metals 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.

Wheaton Precious Metals's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=56.34/2.23
=25.26

* 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.

Wheaton Precious Metals's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Wheaton Precious Metals's adjusted Revenue per Share data for the three months ended in Jun. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.612/127.5217*127.5217
=0.612

Current CPI (Jun. 2024) = 127.5217.

Wheaton Precious Metals Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 0.359 99.394 0.461
201412 0.312 98.367 0.404
201503 0.325 99.789 0.415
201506 0.362 100.500 0.459
201509 0.338 100.421 0.429
201512 0.456 99.947 0.582
201603 0.418 101.054 0.527
201606 0.432 102.002 0.540
201609 0.470 101.765 0.589
201612 0.554 101.449 0.696
201703 0.419 102.634 0.521
201706 0.402 103.029 0.498
201709 0.385 103.345 0.475
201712 0.463 103.345 0.571
201803 0.365 105.004 0.443
201806 0.410 105.557 0.495
201809 0.358 105.636 0.432
201812 0.389 105.399 0.471
201903 0.447 106.979 0.533
201906 0.376 107.690 0.445
201909 0.453 107.611 0.537
201912 0.448 107.769 0.530
202003 0.514 107.927 0.607
202006 0.489 108.401 0.575
202009 0.577 108.164 0.680
202012 0.522 108.559 0.613
202103 0.604 110.298 0.698
202106 0.608 111.720 0.694
202109 0.506 112.905 0.572
202112 0.546 113.774 0.612
202203 0.617 117.646 0.669
202206 0.633 120.806 0.668
202209 0.489 120.648 0.517
202212 0.492 120.964 0.519
202303 0.442 122.702 0.459
202306 0.539 124.203 0.553
202309 0.461 125.230 0.469
202312 0.634 125.072 0.646
202403 0.602 126.258 0.608
202406 0.612 127.522 0.612

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.


Wheaton Precious Metals  (FRA:SII) 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.


Wheaton Precious Metals Cyclically Adjusted PS Ratio Related Terms

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


Wheaton Precious Metals Business Description

Address
1021 West Hastings Street, Suite 3500, Vancouver, BC, CAN, V6E 0C3
Wheaton Precious Metals Corp is a precious metal streaming company. The company has entered into over 20 long-term purchase agreements with 17 different mining companies, for the purchase of precious metals and cobalt. It has streaming agreements covering approximately 19 operating mines and 9 development stage projects. The company's projects include Vale's Salobo mine and silver streams on Glencore's Antamina mine and Goldcorp's Penasquito mine.

Wheaton Precious Metals Headlines

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