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Diamcor Mining (TSXV:DMI) Cyclically Adjusted PS Ratio : 0.45 (As of May. 22, 2024)


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What is Diamcor Mining Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Diamcor Mining's current share price is C$0.045. Diamcor Mining's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was C$0.10. Diamcor Mining's Cyclically Adjusted PS Ratio for today is 0.45.

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

TSXV:DMI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.45   Med: 2.92   Max: 10.62
Current: 0.45

During the past years, Diamcor Mining's highest Cyclically Adjusted PS Ratio was 10.62. The lowest was 0.45. And the median was 2.92.

TSXV:DMI's Cyclically Adjusted PS Ratio is ranked better than
78.56% of 583 companies
in the Metals & Mining industry
Industry Median: 1.35 vs TSXV:DMI: 0.45

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.

Diamcor Mining's adjusted revenue per share data for the three months ended in Dec. 2023 was C$0.001. 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 C$0.10 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Diamcor Mining Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Diamcor Mining'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.

Diamcor Mining Cyclically Adjusted PS Ratio Chart

Diamcor Mining Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.63 0.86 1.10 2.89 1.28

Diamcor Mining Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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 1.66 1.96 1.28 - 0.50

Competitive Comparison of Diamcor Mining's Cyclically Adjusted PS Ratio

For the Other Precious Metals & Mining subindustry, Diamcor Mining'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.


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

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

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



Diamcor Mining 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.

Diamcor Mining's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.045/0.1
=0.45

* 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.

Diamcor Mining's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Diamcor Mining's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.001/125.0724*125.0724
=0.001

Current CPI (Dec. 2023) = 125.0724.

Diamcor Mining Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 0.040 96.945 0.052
201403 0.042 98.604 0.053
201406 0.014 99.473 0.018
201409 0.016 99.394 0.020
201412 0.021 98.367 0.027
201503 0.036 99.789 0.045
201506 0.015 100.500 0.019
201509 0.021 100.421 0.026
201512 0.045 99.947 0.056
201603 0.026 101.054 0.032
201606 0.056 102.002 0.069
201609 0.036 101.765 0.044
201612 0.029 101.449 0.036
201703 0.006 102.634 0.007
201706 0.046 103.029 0.056
201709 0.031 103.345 0.038
201712 0.022 103.345 0.027
201803 0.014 105.004 0.017
201806 0.003 105.557 0.004
201809 0.017 105.636 0.020
201812 0.034 105.399 0.040
201903 0.019 106.979 0.022
201906 0.017 107.690 0.020
201909 0.011 107.611 0.013
201912 0.030 107.769 0.035
202003 0.003 107.927 0.003
202006 0.000 108.401 0.000
202009 0.005 108.164 0.006
202012 0.002 108.559 0.002
202103 0.016 110.298 0.018
202106 0.016 111.720 0.018
202109 0.021 112.905 0.023
202112 0.015 113.774 0.016
202203 0.014 117.646 0.015
202206 0.006 120.806 0.006
202209 0.025 120.648 0.026
202212 0.019 120.964 0.020
202303 0.008 122.702 0.008
202309 0.000 125.230 0.000
202312 0.001 125.072 0.001

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.


Diamcor Mining  (TSXV:DMI) 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.


Diamcor Mining Cyclically Adjusted PS Ratio Related Terms

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


Diamcor Mining (TSXV:DMI) Business Description

Traded in Other Exchanges
Address
1620 Dickson Avenue, Suite 630, Kelowna, BC, CAN, V1Y 9Y2
Diamcor Mining Inc is a mining and exploration company. It is engaged in the identification, acquisition, exploration, evaluation, operation, and advancement of diamond-based resource properties with a specific focus on the mining segment of the diamond industry through its subsidiaries. Some of its projects include Kimberlite, Alluvial / Eluvial, and Tailings processing projects. Geographically, it operates in Canada and South Africa.
Executives
Dean Taylor Director, Senior Officer

Diamcor Mining (TSXV:DMI) Headlines

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