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ZCCM Investments Holdings (LSE:ZCC) Cyclically Adjusted PS Ratio : 1.82 (As of May. 25, 2024)


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What is ZCCM Investments Holdings Cyclically Adjusted PS Ratio?

As of today (2024-05-25), ZCCM Investments Holdings's current share price is $1.63435. ZCCM Investments Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec22 was $0.90. ZCCM Investments Holdings's Cyclically Adjusted PS Ratio for today is 1.82.

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

LSE:ZCC's Cyclically Adjusted PS Ratio is not ranked *
in the Metals & Mining industry.
Industry Median: 1.34
* Ranked among companies with meaningful Cyclically Adjusted PS Ratio only.

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.

ZCCM Investments Holdings's adjusted revenue per share data of for the fiscal year that ended in Dec22 was $2.824. 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 $0.90 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


ZCCM Investments Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for ZCCM Investments Holdings'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.

ZCCM Investments Holdings Cyclically Adjusted PS Ratio Chart

ZCCM Investments Holdings Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.94 1.82

ZCCM Investments Holdings Semi-Annual Data
Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
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 - - 1.94 - 1.82

Competitive Comparison of ZCCM Investments Holdings's Cyclically Adjusted PS Ratio

For the Other Industrial Metals & Mining subindustry, ZCCM Investments Holdings'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.


ZCCM Investments Holdings's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where ZCCM Investments Holdings's Cyclically Adjusted PS Ratio falls into.



ZCCM Investments Holdings 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.

ZCCM Investments Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.63435/0.9
=1.82

* 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.

ZCCM Investments Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec22 is calculated as:

For example, ZCCM Investments Holdings'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)
=2.824/125.2218*125.2218
=2.824

Current CPI (Dec22) = 125.2218.

ZCCM Investments Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201303 0.218 98.209 0.278
201403 0.417 99.695 0.524
201503 0.540 99.621 0.679
201603 0.046 100.470 0.057
201703 0.022 102.862 0.027
201803 0.014 105.290 0.017
201903 0.018 107.251 0.021
202012 0.070 109.897 0.080
202112 3.397 117.630 3.616
202212 2.824 125.222 2.824

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.


ZCCM Investments Holdings  (LSE:ZCC) 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.


ZCCM Investments Holdings Cyclically Adjusted PS Ratio Related Terms

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


ZCCM Investments Holdings (LSE:ZCC) Business Description

Traded in Other Exchanges
Address
Alick Nkhata Road, Mass Media Complex Area, P O Box 30048, Stand Number 16806, ZCCM-IH Office Park, Lusaka, ZMB, 10101
ZCCM Investments Holdings PLC is an investment holding company managing the Zambian Government's stake in the mining sector, as the Zambian Government. The company operates in four segments namely ZCCM-IH Plc, Ndola Lime Company Limited, Investrust Bank Plc, and Misenge Environmental and Technical Services Limited.

ZCCM Investments Holdings (LSE:ZCC) Headlines

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