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OceanaGold (STU:RQQ) Cyclically Adjusted PS Ratio : 1.76 (As of Jun. 19, 2024)


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What is OceanaGold Cyclically Adjusted PS Ratio?

As of today (2024-06-19), OceanaGold's current share price is €2.131. OceanaGold's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €1.21. OceanaGold's Cyclically Adjusted PS Ratio for today is 1.76.

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

STU:RQQ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.75   Med: 1.73   Max: 3.42
Current: 1.74

During the past years, OceanaGold's highest Cyclically Adjusted PS Ratio was 3.42. The lowest was 0.75. And the median was 1.73.

STU:RQQ's Cyclically Adjusted PS Ratio is ranked worse than
60.21% of 583 companies
in the Metals & Mining industry
Industry Median: 1.2 vs STU:RQQ: 1.74

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.

OceanaGold's adjusted revenue per share data for the three months ended in Mar. 2024 was €0.351. 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 €1.21 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


OceanaGold Cyclically Adjusted PS Ratio Historical Data

The historical data trend for OceanaGold'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.

OceanaGold Cyclically Adjusted PS Ratio Chart

OceanaGold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.53 1.49 1.31 1.41 1.37

OceanaGold Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.81 1.40 1.42 1.37 1.68

Competitive Comparison of OceanaGold's Cyclically Adjusted PS Ratio

For the Gold subindustry, OceanaGold'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.


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

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

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



OceanaGold 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.

OceanaGold's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.131/1.21
=1.76

* 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.

OceanaGold's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, OceanaGold's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.351/127.6062*127.6062
=0.351

Current CPI (Mar. 2024) = 127.6062.

OceanaGold Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.304 98.352 0.394
201409 0.309 98.816 0.399
201412 0.378 99.002 0.487
201503 0.390 99.187 0.502
201506 0.359 99.838 0.459
201509 0.315 100.302 0.401
201512 0.218 100.673 0.276
201603 0.235 100.488 0.298
201606 0.242 100.859 0.306
201609 0.214 101.602 0.269
201612 0.223 102.159 0.279
201703 0.243 102.624 0.302
201706 0.243 102.809 0.302
201709 0.193 103.460 0.238
201712 0.334 104.110 0.409
201803 0.255 104.574 0.311
201806 0.280 104.945 0.340
201809 0.253 105.410 0.306
201812 0.255 105.967 0.307
201903 0.252 105.967 0.303
201906 0.259 106.617 0.310
201909 0.195 107.174 0.232
201912 0.216 107.917 0.255
202003 0.198 108.289 0.233
202006 0.133 106.246 0.160
202009 0.130 107.917 0.154
202012 0.197 108.846 0.231
202103 0.175 109.496 0.204
202106 0.211 110.332 0.244
202109 0.242 111.168 0.278
202112 0.263 112.654 0.298
202203 0.362 115.069 0.401
202206 0.302 117.112 0.329
202209 0.301 119.248 0.322
202212 0.314 121.477 0.330
202303 0.319 123.148 0.331
202306 0.384 124.170 0.395
202309 0.277 125.656 0.281
202312 0.338 126.399 0.341
202403 0.351 127.606 0.351

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.


OceanaGold  (STU:RQQ) 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.


OceanaGold Cyclically Adjusted PS Ratio Related Terms

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


OceanaGold (STU:RQQ) Business Description

Traded in Other Exchanges
Address
400 Burrard Street, Suite 1020, Vancouver, BC, CAN, V6C 3A6
OceanaGold Corp is a growing intermediate gold and copper producer committed to safely and responsibly maximizing the generation of Free Cash Flow from its operations and delivering strong returns for its shareholders. It has a portfolio of four operating mines: the Haile Gold Mine in the United States of America; the Didipio Mine in the Philippines; and the Macraes and Waihi operations in New Zealand.

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