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Mongolian Mining (HKSE:00975) Cyclically Adjusted PS Ratio : 2.46 (As of May. 02, 2024)


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What is Mongolian Mining Cyclically Adjusted PS Ratio?

As of today (2024-05-02), Mongolian Mining's current share price is HK$9.55. Mongolian Mining's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was HK$3.88. Mongolian Mining's Cyclically Adjusted PS Ratio for today is 2.46.

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

HKSE:00975' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.46   Max: 3.45
Current: 2.59

During the past 13 years, Mongolian Mining's highest Cyclically Adjusted PS Ratio was 3.45. The lowest was 0.07. And the median was 0.46.

HKSE:00975's Cyclically Adjusted PS Ratio is ranked worse than
89.19% of 518 companies
in the Steel industry
Industry Median: 0.47 vs HKSE:00975: 2.59

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.

Mongolian Mining's adjusted revenue per share data of for the fiscal year that ended in Dec23 was HK$7.752. 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 HK$3.88 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mongolian Mining Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mongolian Mining'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.

Mongolian Mining Cyclically Adjusted PS Ratio Chart

Mongolian Mining 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 0.14 0.26 0.42 0.52 1.94

Mongolian Mining Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.42 - 0.52 - 1.94

Competitive Comparison of Mongolian Mining's Cyclically Adjusted PS Ratio

For the Coking Coal subindustry, Mongolian Mining'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.


Mongolian Mining's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Mongolian Mining's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Mongolian Mining 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.

Mongolian Mining's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.55/3.88
=2.46

* 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.

Mongolian Mining's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Mongolian Mining's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=7.752/129.4194*129.4194
=7.752

Current CPI (Dec23) = 129.4194.

Mongolian Mining Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 2.748 99.070 3.590
201512 0.832 99.792 1.079
201612 1.005 101.863 1.277
201712 3.616 104.011 4.499
201812 4.488 105.998 5.480
201912 4.752 108.420 5.672
202012 3.144 109.897 3.703
202112 1.392 117.630 1.532
202212 4.079 125.222 4.216
202312 7.752 129.419 7.752

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.


Mongolian Mining  (HKSE:00975) 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.


Mongolian Mining Cyclically Adjusted PS Ratio Related Terms

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Mongolian Mining (HKSE:00975) Business Description

Traded in Other Exchanges
Address
Central Tower, 16th Floor, Sukhbaatar District, Ulaanbaatar, MNG, 14200
Mongolian Mining Corp, together with its subsidiaries, engages in the mining, processing, transportation, and sale of coal products in Mongolia. The company owns and operates the Ukhaa Khudag and the Baruun Naran open-pit coking coal mines located in the Umnugobi aimag, Mongolia. The company generates revenue from the sale of Washed hard-coking coal, Washed semi-soft coking coal, Washed thermal coal, and Raw thermal coal. The majority of the revenue is generated from the sale of Washed hard-coking coal. China accounts for the majority of the sale of its products.

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