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Mincor Resources NL (Mincor Resources NL) Cyclically Adjusted PS Ratio : (As of May. 21, 2024)


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What is Mincor Resources NL Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mincor Resources NL Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mincor Resources NL'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.

Mincor Resources NL Cyclically Adjusted PS Ratio Chart

Mincor Resources NL Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.77 1.75 - 5.10

Mincor Resources NL Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 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 - - - 5.10 -

Competitive Comparison of Mincor Resources NL's Cyclically Adjusted PS Ratio

For the Other Industrial Metals & Mining subindustry, Mincor Resources NL'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.


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

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

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



Mincor Resources NL 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.

Mincor Resources NL's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun22 is calculated as:

For example, Mincor Resources NL's adjusted Revenue per Share data for the fiscal year that ended in Jun22 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun22 (Change)*Current CPI (Jun22)
=1.217/117.1117*117.1117
=1.217

Current CPI (Jun22) = 117.1117.

Mincor Resources NL Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201306 4.849 95.473 5.948
201406 5.372 98.352 6.397
201506 3.460 99.838 4.059
201606 0.707 100.859 0.821
201706 0.000 102.809 0.000
201806 0.000 104.945 0.000
201906 1.495 106.617 1.642
202006 0.783 106.246 0.863
202106 0.005 110.332 0.005
202206 1.217 117.112 1.217

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.


Mincor Resources NL  (OTCPK:MCRZY) 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.


Mincor Resources NL Cyclically Adjusted PS Ratio Related Terms

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Mincor Resources NL (Mincor Resources NL) Business Description

Traded in Other Exchanges
N/A
Address
8 Richardson Street, Level 1, West Perth, Perth, WA, AUS, 6005
Mincor Resources NL is an Australian mining company. The company has two segments namely Kambalda Nickel Operations and Exploration. It operates within the geographical area of Australia.

Mincor Resources NL (Mincor Resources NL) Headlines

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