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GoldStone Resources (LSE:GRL) Cyclically Adjusted PS Ratio : 1.08 (As of May. 17, 2024)


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What is GoldStone Resources Cyclically Adjusted PS Ratio?

As of today (2024-05-17), GoldStone Resources's current share price is £0.0215. GoldStone Resources's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec22 was £0.02. GoldStone Resources's Cyclically Adjusted PS Ratio for today is 1.08.

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

LSE:GRL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.08   Med: 1.08   Max: 2.14
Current: 1.43

During the past 13 years, GoldStone Resources's highest Cyclically Adjusted PS Ratio was 2.14. The lowest was 1.08. And the median was 1.08.

LSE:GRL's Cyclically Adjusted PS Ratio is not ranked
in the Metals & Mining industry.
Industry Median: 1.34 vs LSE:GRL: 1.43

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.

GoldStone Resources's adjusted revenue per share data of for the fiscal year that ended in Dec22 was £0.015. 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 £0.02 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


GoldStone Resources Cyclically Adjusted PS Ratio Historical Data

The historical data trend for GoldStone 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.

GoldStone Resources Cyclically Adjusted PS Ratio Chart

GoldStone Resources Annual Data
Trend Feb13 Feb14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 2.02

GoldStone Resources Semi-Annual Data
Aug13 Feb14 Aug14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 - - - 2.02 -

Competitive Comparison of GoldStone Resources's Cyclically Adjusted PS Ratio

For the Gold subindustry, GoldStone 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.


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

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

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



GoldStone 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.0215/0.02
=1.08

* 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.

GoldStone Resources's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec22 is calculated as:

For example, GoldStone Resources's adjusted Revenue per Share data for the fiscal year that ended in Dec22 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=0.015/125.2218*125.2218
=0.015

Current CPI (Dec22) = 125.2218.

GoldStone Resources Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201302 0.000 97.953 0.000
201402 0.000 99.057 0.000
201512 0.000 99.792 0.000
201612 0.000 101.863 0.000
201712 0.000 104.011 0.000
201812 0.000 105.998 0.000
201912 0.000 108.420 0.000
202012 0.000 109.897 0.000
202112 0.000 117.630 0.000
202212 0.015 125.222 0.015

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.


GoldStone Resources  (LSE:GRL) 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.


GoldStone Resources Cyclically Adjusted PS Ratio Related Terms

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


GoldStone Resources (LSE:GRL) Business Description

Traded in Other Exchanges
N/A
Address
41 The Parade, 2nd Floor, International House, Saint Helier, JEY, JE2 3QQ
GoldStone Resources Ltd is an exploration company. Its primary activity is the exploration and mining of gold and associated elements. The company projects include Akrokeri and Homase Licence. It has Exploration and Corporate segments.

GoldStone Resources (LSE:GRL) Headlines

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