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Eastern Platinum (JSE:EPS) Cyclically Adjusted PS Ratio : 0.26 (As of Jun. 25, 2024)


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What is Eastern Platinum Cyclically Adjusted PS Ratio?

As of today (2024-06-25), Eastern Platinum's current share price is R1.89. Eastern Platinum's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R7.15. Eastern Platinum's Cyclically Adjusted PS Ratio for today is 0.26.

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

JSE:EPS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.33   Max: 0.67
Current: 0.35

During the past years, Eastern Platinum's highest Cyclically Adjusted PS Ratio was 0.67. The lowest was 0.12. And the median was 0.33.

JSE:EPS's Cyclically Adjusted PS Ratio is ranked better than
81.79% of 582 companies
in the Metals & Mining industry
Industry Median: 1.195 vs JSE:EPS: 0.35

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.

Eastern Platinum's adjusted revenue per share data for the three months ended in Mar. 2024 was R1.466. 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 R7.15 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eastern Platinum Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Eastern Platinum'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.

Eastern Platinum Cyclically Adjusted PS Ratio Chart

Eastern Platinum 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 0.22 0.57 0.45 0.27 0.28

Eastern Platinum 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 0.18 0.13 0.14 0.28 0.15

Competitive Comparison of Eastern Platinum's Cyclically Adjusted PS Ratio

For the Other Precious Metals & Mining subindustry, Eastern Platinum'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.


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

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

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



Eastern Platinum 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.

Eastern Platinum's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.89/7.15
=0.26

* 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.

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

For example, Eastern Platinum'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)
=1.466/126.2576*126.2576
=1.466

Current CPI (Mar. 2024) = 126.2576.

Eastern Platinum Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.000 99.473 0.000
201409 0.000 99.394 0.000
201412 0.000 98.367 0.000
201503 0.000 99.789 0.000
201506 0.000 100.500 0.000
201509 0.000 100.421 0.000
201512 0.000 99.947 0.000
201603 0.000 101.054 0.000
201606 0.000 102.002 0.000
201609 0.000 101.765 0.000
201612 0.000 101.449 0.000
201703 0.000 102.634 0.000
201706 0.000 103.029 0.000
201709 0.000 103.345 0.000
201712 0.000 103.345 0.000
201803 0.000 105.004 0.000
201806 0.000 105.557 0.000
201809 0.000 105.636 0.000
201812 0.052 105.399 0.062
201903 0.682 106.979 0.805
201906 1.354 107.690 1.587
201909 1.485 107.611 1.742
201912 1.543 107.769 1.808
202003 2.553 107.927 2.987
202006 1.713 108.401 1.995
202009 2.773 108.164 3.237
202012 2.339 108.559 2.720
202103 1.944 110.298 2.225
202106 1.981 111.720 2.239
202109 1.687 112.905 1.887
202112 1.799 113.774 1.996
202203 1.869 117.646 2.006
202206 2.341 120.806 2.447
202209 0.459 120.648 0.480
202212 1.554 120.964 1.622
202303 2.390 122.702 2.459
202306 3.969 124.203 4.035
202309 2.049 125.230 2.066
202312 2.437 125.072 2.460
202403 1.466 126.258 1.466

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.


Eastern Platinum  (JSE:EPS) 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.


Eastern Platinum Cyclically Adjusted PS Ratio Related Terms

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


Eastern Platinum (JSE:EPS) Business Description

Traded in Other Exchanges
Address
1188 West Georgia Street, Suite 1080, Vancouver, BC, CAN, V6E 4A2
Eastern Platinum Ltd owns, directly and indirectly, a number of PGM and chrome assets in the Republic of South Africa. All of the company's properties are situated on the western and eastern limbs of the Bushveld Complex, the geological environment that hosts approximately 80% of the world's PGM-bearing ore. It has three segments CRM, Eastern Limb and Corporate. Operations at the Crocodile River Mine include re-mining and processing its tailings resource, with an offtake of the chrome concentrate to Union Goal from the Zandfontein UG2 tailings facility and the processing and extraction of platinum group metals.

Eastern Platinum (JSE:EPS) Headlines

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