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BlackRock World Mining Trust (LSE:BRWM) Cyclically Adjusted PS Ratio : 12.27 (As of Jan. 19, 2025)


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What is BlackRock World Mining Trust Cyclically Adjusted PS Ratio?

As of today (2025-01-19), BlackRock World Mining Trust's current share price is £5.03. BlackRock World Mining Trust's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was £0.41. BlackRock World Mining Trust's Cyclically Adjusted PS Ratio for today is 12.27.

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

LSE:BRWM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.94   Med: 26.74   Max: 132
Current: 12.17

During the past 13 years, BlackRock World Mining Trust's highest Cyclically Adjusted PS Ratio was 132.00. The lowest was 4.94. And the median was 26.74.

LSE:BRWM's Cyclically Adjusted PS Ratio is ranked worse than
70.69% of 846 companies
in the Asset Management industry
Industry Median: 8.365 vs LSE:BRWM: 12.17

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.

BlackRock World Mining Trust's adjusted revenue per share data of for the fiscal year that ended in Dec23 was £-0.394. 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 £0.41 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


BlackRock World Mining Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for BlackRock World Mining Trust'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.

BlackRock World Mining Trust Cyclically Adjusted PS Ratio Chart

BlackRock World Mining Trust 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 - - 91.21 30.59 14.20

BlackRock World Mining Trust Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - 30.59 - 14.20 -

Competitive Comparison of BlackRock World Mining Trust's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, BlackRock World Mining Trust'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.


BlackRock World Mining Trust's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock World Mining Trust's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



BlackRock World Mining Trust 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.

BlackRock World Mining Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.03/0.41
=12.27

* 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.

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

For example, BlackRock World Mining Trust'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)
=-0.394/130.5000*130.5000
=-0.394

Current CPI (Dec23) = 130.5000.

BlackRock World Mining Trust Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 -1.236 99.900 -1.615
201512 -1.163 100.400 -1.512
201612 1.909 102.200 2.438
201712 0.919 105.000 1.142
201812 -0.503 107.100 -0.613
201912 0.665 108.500 0.800
202012 1.252 109.400 1.493
202112 1.092 114.700 1.242
202212 1.106 125.300 1.152
202312 -0.394 130.500 -0.394

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.


BlackRock World Mining Trust  (LSE:BRWM) 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.


BlackRock World Mining Trust Cyclically Adjusted PS Ratio Related Terms

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


BlackRock World Mining Trust Business Description

Traded in Other Exchanges
Address
12 Throgmorton Avenue, London, GBR, EC2N 2DL
BlackRock World Mining Trust PLC is a UK-based investment trust company. Its primary investment objective is to maximize total returns to shareholders through a portfolio of mining and metal securities. It focuses on investing in quoted securities, royalties derived from the production of metals and minerals, as well as physical metals. It may utilize derivative instruments such as options, futures, and contracts for difference to enhance the performance of the group to meet its objectives.

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