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Bluelake Mineral AB (NGM:BLUE) Cyclically Adjusted PS Ratio : (As of Jun. 18, 2024)


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What is Bluelake Mineral AB Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Bluelake Mineral AB Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Bluelake Mineral AB'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.

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Bluelake Mineral AB Cyclically Adjusted PS Ratio Chart

Bluelake Mineral AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
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Bluelake Mineral AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Bluelake Mineral AB's Cyclically Adjusted PS Ratio

For the Other Industrial Metals & Mining subindustry, Bluelake Mineral AB'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.


Bluelake Mineral AB's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Bluelake Mineral AB's Cyclically Adjusted PS Ratio falls into.



Bluelake Mineral AB 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.

Bluelake Mineral AB's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Bluelake Mineral AB'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)
=0/131.9118*131.9118
=0.000

Current CPI (Dec23) = 131.9118.

Bluelake Mineral AB Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.000 100.225 0.000
201512 0.000 100.276 0.000
201612 0.000 102.022 0.000
201712 0.009 103.793 0.011
201812 0.001 105.912 0.001
201912 0.000 107.766 0.000
202012 0.000 108.296 0.000
202112 0.000 112.486 0.000
202212 0.000 126.365 0.000
202312 0.000 131.912 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.


Bluelake Mineral AB  (NGM:BLUE) 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.


Bluelake Mineral AB Cyclically Adjusted PS Ratio Related Terms

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Bluelake Mineral AB (NGM:BLUE) Business Description

Traded in Other Exchanges
N/A
Address
Brahegatan 29, Stockholm, SWE, 114 37
Bluelake Mineral AB is an independent mining company. It is engaged in mine development of copper and zinc resources as well as the exploration of nickel, gold, and oil. The company also owns the nickel projects Ronnbacken and Orrbacken in Sweden.

Bluelake Mineral AB (NGM:BLUE) Headlines

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