GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Pan American Silver Corp (BUE:PAAS) » Definitions » Cyclically Adjusted Revenue per Share

Pan American Silver (BUE:PAAS) Cyclically Adjusted Revenue per Share : ARS2,302.09 (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Pan American Silver Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Pan American Silver's adjusted revenue per share for the three months ended in Mar. 2024 was ARS1,390.121. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is ARS2,302.09 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Pan American Silver's average Cyclically Adjusted Revenue Growth Rate was 4.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 5.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Pan American Silver was 18.60% per year. The lowest was 4.00% per year. And the median was 7.65% per year.

As of today (2024-05-16), Pan American Silver's current stock price is ARS7586.50. Pan American Silver's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ARS2,302.09. Pan American Silver's Cyclically Adjusted PS Ratio of today is 3.30.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Pan American Silver was 6.83. The lowest was 1.35. And the median was 2.98.


Pan American Silver Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Pan American Silver's Cyclically Adjusted Revenue per Share 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.

Pan American Silver Cyclically Adjusted Revenue per Share Chart

Pan American Silver Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 414.14 700.47 2,204.63

Pan American Silver Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue per Share 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 843.61 1,126.82 1,790.26 2,204.63 2,302.09

Competitive Comparison of Pan American Silver's Cyclically Adjusted Revenue per Share

For the Gold subindustry, Pan American Silver'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.


Pan American Silver's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

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

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



Pan American Silver Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Pan American Silver'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)
=1390.121/125.4675*125.4675
=1,390.121

Current CPI (Mar. 2024) = 125.4675.

Pan American Silver Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 10.771 99.473 13.586
201409 9.782 99.394 12.348
201412 9.203 98.367 11.738
201503 10.360 99.789 13.026
201506 10.437 100.500 13.030
201509 9.883 100.421 12.348
201512 13.902 99.947 17.452
201603 15.201 101.054 18.873
201606 17.633 102.002 21.690
201609 22.827 101.765 28.144
201612 19.788 101.449 24.473
201703 20.004 102.634 24.454
201706 21.635 103.029 26.347
201709 21.792 103.345 26.457
201712 28.129 103.345 34.151
201803 27.160 105.004 32.453
201806 35.159 105.557 41.791
201809 45.006 105.636 53.455
201812 42.571 105.399 50.677
201903 56.158 106.979 65.863
201906 72.592 107.690 84.575
201909 93.913 107.611 109.496
201912 115.094 107.769 133.995
202003 106.051 107.927 123.286
202006 81.242 108.401 94.032
202009 106.024 108.164 122.985
202012 166.513 108.559 192.447
202103 157.701 110.298 179.391
202106 172.019 111.720 193.187
202109 213.920 112.905 237.722
202112 202.592 113.774 223.414
202203 224.331 117.646 239.246
202206 194.630 120.806 202.140
202209 223.673 120.648 232.608
202212 298.876 120.964 310.003
202303 365.934 122.702 374.181
202306 421.404 124.203 425.693
202309 591.798 125.230 592.918
202312 662.425 125.468 662.425
202403 1,390.121 125.468 1,390.121

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Pan American Silver  (BUE:PAAS) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Pan American Silver's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=7586.50/2302.09
=3.30

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Pan American Silver was 6.83. The lowest was 1.35. And the median was 2.98.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Pan American Silver Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Pan American Silver's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Pan American Silver (BUE:PAAS) Business Description

Address
1440 - 625 Howe Street, Vancouver, BC, CAN, V6C 2T6
Pan American Silver Corp is a mining company principally engaged in the operation and development of, and exploration for, silver and gold-producing properties and assets. Its principal products are silver and gold, although it also produces and sells zinc, lead, and copper. Its operating mines comprise La Colorada, Dolores, Huaron, Morococha, Shahuindo, La Arena, Timmins West, Bell Creek, Manantial Espejo, and San Vicente mines.