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PT Merdeka Copper Gold Tbk (ISX:MDKA) Cyclically Adjusted PS Ratio : 5.09 (As of Jun. 20, 2024)


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What is PT Merdeka Copper Gold Tbk Cyclically Adjusted PS Ratio?

As of today (2024-06-20), PT Merdeka Copper Gold Tbk's current share price is Rp2310.00. PT Merdeka Copper Gold Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was Rp453.73. PT Merdeka Copper Gold Tbk's Cyclically Adjusted PS Ratio for today is 5.09.

The historical rank and industry rank for PT Merdeka Copper Gold Tbk's Cyclically Adjusted PS Ratio or its related term are showing as below:

ISX:MDKA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5   Med: 5.77   Max: 6.22
Current: 5

During the past years, PT Merdeka Copper Gold Tbk's highest Cyclically Adjusted PS Ratio was 6.22. The lowest was 5.00. And the median was 5.77.

ISX:MDKA's Cyclically Adjusted PS Ratio is ranked worse than
85.93% of 583 companies
in the Metals & Mining industry
Industry Median: 1.2 vs ISX:MDKA: 5.00

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.

PT Merdeka Copper Gold Tbk's adjusted revenue per share data for the three months ended in Mar. 2024 was Rp345.936. 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 Rp453.73 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PT Merdeka Copper Gold Tbk Cyclically Adjusted PS Ratio Historical Data

The historical data trend for PT Merdeka Copper Gold Tbk'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.

PT Merdeka Copper Gold Tbk Cyclically Adjusted PS Ratio Chart

PT Merdeka Copper Gold Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
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PT Merdeka Copper Gold Tbk 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 - - - - 5.02

Competitive Comparison of PT Merdeka Copper Gold Tbk's Cyclically Adjusted PS Ratio

For the Other Industrial Metals & Mining subindustry, PT Merdeka Copper Gold Tbk'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.


PT Merdeka Copper Gold Tbk's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where PT Merdeka Copper Gold Tbk's Cyclically Adjusted PS Ratio falls into.



PT Merdeka Copper Gold Tbk 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.

PT Merdeka Copper Gold Tbk's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2310.00/453.73
=5.09

* 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.

PT Merdeka Copper Gold Tbk's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, PT Merdeka Copper Gold Tbk'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)
=345.936/130.6070*130.6070
=345.936

Current CPI (Mar. 2024) = 130.6070.

PT Merdeka Copper Gold Tbk Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.000 93.015 0.000
201409 0.000 94.576 0.000
201412 0.000 98.819 0.000
201503 0.000 98.388 0.000
201506 0.000 99.766 0.000
201509 0.000 101.037 0.000
201512 0.000 102.133 0.000
201603 0.000 102.764 0.000
201606 0.000 103.212 0.000
201609 0.000 104.142 0.000
201612 0.000 105.222 0.000
201703 0.000 106.476 0.000
201706 6.195 107.722 7.511
201709 35.457 108.020 42.871
201712 50.029 109.017 59.937
201803 54.052 110.097 64.122
201806 31.186 111.085 36.667
201809 58.437 111.135 68.676
201812 56.542 112.430 65.683
201903 61.202 112.829 70.846
201906 66.299 114.730 75.474
201909 80.817 114.905 91.861
201912 48.153 115.486 54.458
202003 75.681 116.252 85.026
202006 60.549 116.630 67.805
202009 64.951 116.397 72.881
202012 15.916 117.318 17.719
202103 29.821 117.840 33.052
202106 57.623 118.184 63.680
202109 78.526 118.262 86.723
202112 72.813 119.516 79.570
202203 77.110 120.948 83.268
202206 136.366 123.322 144.421
202209 179.918 125.298 187.541
202212 159.079 126.098 164.768
202303 133.820 126.953 137.672
202306 190.588 127.663 194.983
202309 418.656 128.151 426.678
202312 343.093 129.395 346.307
202403 345.936 130.607 345.936

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.


PT Merdeka Copper Gold Tbk  (ISX:MDKA) 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.


PT Merdeka Copper Gold Tbk Cyclically Adjusted PS Ratio Related Terms

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


PT Merdeka Copper Gold Tbk (ISX:MDKA) Business Description

Traded in Other Exchanges
Address
Jalan Jenderal Sudirman Kav. 52-53, Treasury Tower, 67th-68th Floor, District 8 SCBD Lot. 28, Senayan, Kebayoran Baru, South Jakarta, Jakarta, IDN, 12190
PT Merdeka Copper Gold Tbk is a holding company. It is engaged in the mining businesses, encompassing the exploration and future production of gold, silver, copper and other related minerals. The company's operations and projects consist of Tujuh Bukit Gold, Wetar Copper, Tujuh Bukit Copper, Pani Gold, and Wetar Morowali AIM. Its geographical segment includes Hong Kong, Singapore, Switzerland, Korea, Monaco, Indonesia, and China.

PT Merdeka Copper Gold Tbk (ISX:MDKA) Headlines

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