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IONR (Ioneer) Cyclically Adjusted PS Ratio : (As of Dec. 11, 2024)


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What is Ioneer Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ioneer Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ioneer'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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Ioneer Cyclically Adjusted PS Ratio Chart

Ioneer Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted PS Ratio
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Ioneer Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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Competitive Comparison of Ioneer's Cyclically Adjusted PS Ratio

For the Other Industrial Metals & Mining subindustry, Ioneer'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.


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

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

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



Ioneer 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.

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

For example, Ioneer'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)
=0/128.9064*128.9064
=0.000

Current CPI (Jun. 2024) = 128.9064.

Ioneer Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 0.000 98.816 0.000
201412 0.000 99.002 0.000
201503 0.000 99.187 0.000
201506 0.000 99.838 0.000
201509 0.000 100.302 0.000
201512 0.000 100.673 0.000
201603 0.000 100.488 0.000
201606 0.000 100.859 0.000
201609 0.000 101.602 0.000
201612 0.000 102.159 0.000
201703 0.000 102.624 0.000
201706 0.000 102.809 0.000
201709 0.000 103.460 0.000
201712 0.000 104.110 0.000
201803 0.000 104.574 0.000
201806 0.000 104.945 0.000
201809 0.000 105.410 0.000
201812 0.000 105.967 0.000
201903 0.000 105.967 0.000
201906 0.000 106.617 0.000
201909 0.000 107.174 0.000
201912 0.000 107.917 0.000
202003 0.000 108.289 0.000
202006 0.000 106.246 0.000
202009 0.000 107.917 0.000
202012 0.000 108.846 0.000
202103 0.000 109.496 0.000
202106 0.000 110.332 0.000
202109 0.000 111.168 0.000
202112 0.000 112.654 0.000
202203 0.000 115.069 0.000
202206 0.000 117.112 0.000
202209 0.000 119.248 0.000
202212 0.000 121.477 0.000
202303 0.000 123.148 0.000
202306 0.000 124.170 0.000
202309 0.000 125.656 0.000
202312 0.000 126.399 0.000
202403 0.000 127.606 0.000
202406 0.000 128.906 0.000

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.


Ioneer  (NAS:IONR) 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.


Ioneer Cyclically Adjusted PS Ratio Related Terms

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


Ioneer Business Description

Traded in Other Exchanges
Address
213 Miller Street, Level 16, Suite 16.01, North Sydney, Sydney, NSW, AUS, 2060
Ioneer Ltd is a mineral exploration company. The company's focus is on the Rhyolite Ridge Lithium-Boron Project located in Nevada, USA. Geographically, the group has a business presence in Australia and North America. The company's focus is to develop a U.S.-based source of lithium and boron that can be extracted in an environmentally and socially responsible manner, providing two materials that are essential to achieve a sustainable future for the planet.