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Asante Gold (XCNQ:ASE) Cyclically Adjusted PS Ratio : 0.95 (As of Jun. 02, 2025)


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What is Asante Gold Cyclically Adjusted PS Ratio?

As of today (2025-06-02), Asante Gold's current share price is C$1.35. Asante Gold's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2025 was C$1.42. Asante Gold's Cyclically Adjusted PS Ratio for today is 0.95.

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

XCNQ:ASE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.65   Med: 0.94   Max: 1.45
Current: 0.88

During the past years, Asante Gold's highest Cyclically Adjusted PS Ratio was 1.45. The lowest was 0.65. And the median was 0.94.

XCNQ:ASE's Cyclically Adjusted PS Ratio is ranked better than
65.69% of 548 companies
in the Metals & Mining industry
Industry Median: 1.455 vs XCNQ:ASE: 0.88

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.

Asante Gold's adjusted revenue per share data for the three months ended in Jan. 2025 was C$0.348. 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$1.42 for the trailing ten years ended in Jan. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asante Gold Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Asante Gold'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.

Asante Gold Cyclically Adjusted PS Ratio Chart

Asante Gold Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.12 1.06 0.75

Asante Gold Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 1.06 0.83 0.76 0.97 0.75

Competitive Comparison of Asante Gold's Cyclically Adjusted PS Ratio

For the Gold subindustry, Asante Gold'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.


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

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

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


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Asante Gold 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.

Asante Gold's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.35/1.42
=0.95

* 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.

Asante Gold's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2025 is calculated as:

For example, Asante Gold's adjusted Revenue per Share data for the three months ended in Jan. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jan. 2025 (Change)*Current CPI (Jan. 2025)
=0.348/127.4427*127.4427
=0.348

Current CPI (Jan. 2025) = 127.4427.

Asante Gold Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201504 0.000 99.710 0.000
201507 0.000 100.579 0.000
201510 0.000 100.500 0.000
201601 0.000 100.184 0.000
201604 0.000 101.370 0.000
201607 0.000 101.844 0.000
201610 0.000 102.002 0.000
201701 0.000 102.318 0.000
201704 0.000 103.029 0.000
201707 0.000 103.029 0.000
201710 0.000 103.424 0.000
201801 0.000 104.056 0.000
201804 0.000 105.320 0.000
201807 0.000 106.110 0.000
201810 0.000 105.952 0.000
201901 0.000 105.557 0.000
201904 0.000 107.453 0.000
201907 0.000 108.243 0.000
201910 0.000 107.927 0.000
202001 0.000 108.085 0.000
202004 0.000 107.216 0.000
202007 0.000 108.401 0.000
202010 0.000 108.638 0.000
202101 0.000 109.192 0.000
202104 0.000 110.851 0.000
202107 0.000 112.431 0.000
202110 0.000 113.695 0.000
202201 0.000 114.801 0.000
202204 0.000 118.357 0.000
202207 0.000 120.964 0.000
202210 0.331 121.517 0.347
202301 0.430 121.596 0.451
202304 0.335 123.571 0.345
202307 0.305 124.914 0.311
202310 0.298 125.310 0.303
202401 0.394 125.072 0.401
202404 0.351 126.890 0.353
202407 0.349 128.075 0.347
202410 0.343 127.838 0.342
202501 0.348 127.443 0.348

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.


Asante Gold  (XCNQ:ASE) 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.


Asante Gold Cyclically Adjusted PS Ratio Related Terms

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


Asante Gold Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 615, Vancouver, BC, CAN, V6C 2V6
Asante Gold Corp is an exploration-stage company. It plans to capitalize on the gold-rich and growing mining environment by continuing to build assets through exploration, development, and acquisitions. The company is involved in the exploration and evaluation of mineral properties in Ghana, West Africa. The group portfolio consists of various projects namely Fahiakoba, Betanase, Keyhole, and Kubi and it generally explores gold deposits. The company has two reportable operating segments: the Bibiani Gold Mine and the Chirano Gold Mine.: the Bibiani Gold Mine and the Chirano Gold Mine in the Republic of Ghana (Ghana). Key revenue is generated from Chirano.
Executives
Malik Mohammed Easah Director
David Harold Anthony Senior Officer
Eben Swanepoel Senior Officer
Alexandre Nicolas Heath Director
Douglas Richard Macquarrie Director
Goknet Mining Company Limited 10% Security Holder
Florian Riedl-riedenstein Director

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