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Elemental Asia (WAR:EMA) Cyclically Adjusted PS Ratio : 0.98 (As of Jun. 22, 2024)


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What is Elemental Asia Cyclically Adjusted PS Ratio?

As of today (2024-06-22), Elemental Asia's current share price is zł33.90. Elemental Asia's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 was zł34.75. Elemental Asia's Cyclically Adjusted PS Ratio for today is 0.98.

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

WAR:EMA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.98   Med: 1   Max: 1.09
Current: 0.98

During the past years, Elemental Asia's highest Cyclically Adjusted PS Ratio was 1.09. The lowest was 0.98. And the median was 1.00.

WAR:EMA's Cyclically Adjusted PS Ratio is not ranked
in the Metals & Mining industry.
Industry Median: 1.215 vs WAR:EMA: 0.98

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.

Elemental Asia's adjusted revenue per share data for the three months ended in Sep. 2023 was zł5.397. 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 zł34.75 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Elemental Asia Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Elemental Asia'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.

Elemental Asia Cyclically Adjusted PS Ratio Chart

Elemental Asia Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1.09

Elemental Asia Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - 1.09 1.00 0.99 0.98

Competitive Comparison of Elemental Asia's Cyclically Adjusted PS Ratio

For the Other Precious Metals & Mining subindustry, Elemental Asia'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.


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

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

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



Elemental Asia 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.

Elemental Asia's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=33.90/34.75
=0.98

* 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.

Elemental Asia's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Elemental Asia's adjusted Revenue per Share data for the three months ended in Sep. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=5.397/146.1131*146.1131
=5.397

Current CPI (Sep. 2023) = 146.1131.

Elemental Asia Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 -0.027 101.018 -0.039
201403 0.232 101.262 0.335
201406 0.097 101.180 0.140
201409 0.147 100.611 0.213
201412 0.000 100.122 0.000
201503 0.000 100.041 0.000
201506 0.000 100.448 0.000
201509 0.001 99.634 0.001
201512 0.001 99.471 0.001
201603 0.000 98.983 0.000
201606 0.000 99.552 0.000
201609 0.002 99.064 0.003
201612 0.000 100.366 0.000
201703 0.000 101.018 0.000
201706 1.918 101.180 2.770
201709 2.671 101.343 3.851
201712 2.791 102.564 3.976
201803 3.357 102.564 4.782
201806 1.695 103.378 2.396
201809 6.970 103.378 9.851
201812 6.843 103.785 9.634
201903 4.099 104.274 5.744
201906 4.104 105.983 5.658
201909 9.521 105.983 13.126
201912 4.345 107.123 5.926
202003 1.384 109.076 1.854
202006 5.900 109.402 7.880
202009 15.323 109.320 20.480
202012 14.236 109.565 18.985
202103 25.309 112.658 32.825
202106 30.612 113.960 39.249
202109 11.424 115.588 14.441
202112 8.803 119.088 10.801
202203 12.274 125.031 14.344
202206 11.202 131.705 12.427
202209 14.715 135.531 15.864
202212 10.018 139.113 10.522
202303 10.156 145.950 10.167
202306 3.090 147.009 3.071
202309 5.397 146.113 5.397

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.


Elemental Asia  (WAR:EMA) 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.


Elemental Asia Cyclically Adjusted PS Ratio Related Terms

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


Elemental Asia (WAR:EMA) Business Description

Traded in Other Exchanges
N/A
Address
ul. Traugutta 42A, Grodzisk Mazowiecki, POL, 05-825
Elemental Asia SA is engaged in the recycling of precious metals from printed circuits and automotive catalysts.

Elemental Asia (WAR:EMA) Headlines

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