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Karora Resources (Karora Resources) Cyclically Adjusted PS Ratio : 3.23 (As of Jun. 20, 2024)


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What is Karora Resources Cyclically Adjusted PS Ratio?

As of today (2024-06-20), Karora Resources's current share price is $4.04. Karora Resources's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $1.25. Karora Resources's Cyclically Adjusted PS Ratio for today is 3.23.

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

KRRGF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.81   Med: 2.88   Max: 5.31
Current: 3.32

During the past years, Karora Resources's highest Cyclically Adjusted PS Ratio was 5.31. The lowest was 0.81. And the median was 2.88.

KRRGF's Cyclically Adjusted PS Ratio is ranked worse than
78.39% of 583 companies
in the Metals & Mining industry
Industry Median: 1.2 vs KRRGF: 3.32

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.

Karora Resources's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.469. 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 $1.25 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Karora Resources Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Karora 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.

Karora Resources Cyclically Adjusted PS Ratio Chart

Karora 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 2.07 3.13 3.16 3.10 2.95

Karora 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 2.94 2.54 2.35 2.95 3.00

Competitive Comparison of Karora Resources's Cyclically Adjusted PS Ratio

For the Gold subindustry, Karora 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.


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

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

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



Karora 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.04/1.25
=3.23

* 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.

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

For example, Karora 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)
=0.469/126.2576*126.2576
=0.469

Current CPI (Mar. 2024) = 126.2576.

Karora Resources 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 0.036 101.054 0.045
201606 0.189 102.002 0.234
201609 0.148 101.765 0.184
201612 0.115 101.449 0.143
201703 0.075 102.634 0.092
201706 0.118 103.029 0.145
201709 0.301 103.345 0.368
201712 0.338 103.345 0.413
201803 0.211 105.004 0.254
201806 0.302 105.557 0.361
201809 0.390 105.636 0.466
201812 0.240 105.399 0.287
201903 0.079 106.979 0.093
201906 0.116 107.690 0.136
201909 0.259 107.611 0.304
201912 0.320 107.769 0.375
202003 0.283 107.927 0.331
202006 0.294 108.401 0.342
202009 0.304 108.164 0.355
202012 0.357 108.559 0.415
202103 0.312 110.298 0.357
202106 0.372 111.720 0.420
202109 0.353 112.905 0.395
202112 0.331 113.774 0.367
202203 0.334 117.646 0.358
202206 0.364 120.806 0.380
202209 0.350 120.648 0.366
202212 0.403 120.964 0.421
202303 0.406 122.702 0.418
202306 0.464 124.203 0.472
202309 0.440 125.230 0.444
202312 0.420 125.072 0.424
202403 0.469 126.258 0.469

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.


Karora Resources  (OTCPK:KRRGF) 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.


Karora Resources Cyclically Adjusted PS Ratio Related Terms

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


Karora Resources (Karora Resources) Business Description

Traded in Other Exchanges
Address
141 Adelaide Street West, Suite 1608, Toronto, ON, CAN, M5H 3L5
Karora Resources Inc is a multi-asset mineral resource company engaged in the production and exploration and evaluation activities in Australia. Its main assets are the Beta Hunt Mine; HGO toll processing and gold mining operation; and the Spargos Reward Gold Project, all of which are located in Western Australia.

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