Gem Resources (LSE:GEMR) Cyclically Adjusted PS Ratio: (As of Aug. 01, 2026)

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Director of Data and Quant Analytics at GuruFocus
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What is Gem Resources Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Gem Resources  (LSE:GEMR) 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.


Gem Resources Cyclically Adjusted PS Ratio Related Terms


Gem Resources Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Gem 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.

Gem Resources Cyclically Adjusted PS Ratio Chart

Gem Resources Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Gem Resources Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Jun19 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 0.00 0.00 0.00 0.00

LSE:GEMR vs HL: Cyclically Adjusted PS Ratio Comparison

For the Other Precious Metals & Mining subindustry, Gem 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.


Gem Resources Cyclically Adjusted PS Ratio vs Metals & Mining Industry

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

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



Gem 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.

Gem Resources's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Gem Resources's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=0/139.9000*139.9000
=0.000

Current CPI (Dec25) = 139.9000.

Gem Resources Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201506 0.000 100.100 0.000
201606 0.000 101.000 0.000
201706 0.000 103.500 0.000
201806 0.000 105.900 0.000
201906 0.000 107.900 0.000
202112 0.000 114.700 0.000
202212 0.000 125.300 0.000
202312 0.000 130.500 0.000
202412 0.000 135.100 0.000
202512 0.000 139.900 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.


Gem Resources Business Description

Address 107 Cheapside, 9th Floor, London, GBR, EC2V 6DN
Gem Resources PLC is an emerald producer, focusing on the Gravelotte Emerald Mine (GEM). The company recently acquired the Curlew Emerald Mine in Australia, further expanding its emerald mining operations and assets. Geographically the company operates in three principal geographical areas - South Africa, Zambia and Australia.