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Teck Resources (FRA:TPT) Cyclically Adjusted PS Ratio : 2.71 (As of May. 26, 2024)


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What is Teck Resources Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Teck Resources's current share price is €45.00. Teck Resources's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €16.63. Teck Resources's Cyclically Adjusted PS Ratio for today is 2.71.

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

FRA:TPT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.27   Med: 1.58   Max: 3
Current: 2.87

During the past years, Teck Resources's highest Cyclically Adjusted PS Ratio was 3.00. The lowest was 0.27. And the median was 1.58.

FRA:TPT's Cyclically Adjusted PS Ratio is ranked worse than
71.18% of 583 companies
in the Metals & Mining industry
Industry Median: 1.34 vs FRA:TPT: 2.87

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.

Teck Resources's adjusted revenue per share data for the three months ended in Mar. 2024 was €5.172. 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 €16.63 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Teck Resources Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Teck Resources'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.

Teck Resources Cyclically Adjusted PS Ratio Chart

Teck Resources 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 1.18 1.21 1.82 2.29 2.34

Teck Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.15 2.38 2.47 2.34 2.54

Competitive Comparison of Teck Resources's Cyclically Adjusted PS Ratio

For the Other Industrial Metals & Mining subindustry, Teck Resources'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.


Teck Resources's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

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

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



Teck Resources 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.

Teck Resources's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=45.00/16.63
=2.71

* 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.

Teck Resources's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Teck Resources's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=5.172/126.2576*126.2576
=5.172

Current CPI (Mar. 2024) = 126.2576.

Teck Resources Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.369 99.473 3.007
201409 2.752 99.394 3.496
201412 2.735 98.367 3.510
201503 2.572 99.789 3.254
201506 2.500 100.500 3.141
201509 2.449 100.421 3.079
201512 2.480 99.947 3.133
201603 2.000 101.054 2.499
201606 2.084 102.002 2.580
201609 2.678 101.765 3.323
201612 4.303 101.449 5.355
201703 3.398 102.634 4.180
201706 3.234 103.029 3.963
201709 3.579 103.345 4.373
201712 3.569 103.345 4.360
201803 3.323 105.004 3.996
201806 3.376 105.557 4.038
201809 3.623 105.636 4.330
201812 3.662 105.399 4.387
201903 3.579 106.979 4.224
201906 3.669 107.690 4.302
201909 3.704 107.611 4.346
201912 3.289 107.769 3.853
202003 2.831 107.927 3.312
202006 2.122 108.401 2.472
202009 2.750 108.164 3.210
202012 3.093 108.559 3.597
202103 3.162 110.298 3.620
202106 3.220 111.720 3.639
202109 4.929 112.905 5.512
202112 4.700 113.774 5.216
202203 6.054 117.646 6.497
202206 7.173 120.806 7.497
202209 6.087 120.648 6.370
202212 4.189 120.964 4.372
202303 4.947 122.702 5.090
202306 4.651 124.203 4.728
202309 4.728 125.230 4.767
202312 5.336 125.072 5.387
202403 5.172 126.258 5.172

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.


Teck Resources  (FRA:TPT) 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.


Teck Resources Cyclically Adjusted PS Ratio Related Terms

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


Teck Resources (FRA:TPT) Business Description

Address
550 Burrard Street, Suite 3300, Vancouver, BC, CAN, V6C 0B3
Teck is a diversified miner with coal, copper, and zinc operations in Canada, the United States, Chile, and Peru. Metallurgical coal is Teck's primary commodity in terms of EBITDA contribution, followed by copper and zinc. Teck is the world's second-largest exporter of seaborne metallurgical coal and is a top-three zinc miner. Its major new copper mine in Chile at the majority-owned Quebrada Blanca 2, in partnership with Sumitomo, will drive an increase in Teck's attributable copper production by roughly 80%. Along with a number of additional copper growth options, Teck's strategy is to rebalance its portfolio to low carbon metals such as copper. It sold its oil sands business in early 2023 and has agreed to sell its coal business, with the deal likely closing in the third quarter of 2024.

Teck Resources (FRA:TPT) Headlines

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