GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » McEwen Mining Inc (NYSE:MUX) » Definitions » Cyclically Adjusted Revenue per Share

McEwen Mining (McEwen Mining) Cyclically Adjusted Revenue per Share : $3.07 (As of Dec. 2023)


View and export this data going back to 1980. Start your Free Trial

What is McEwen Mining 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.

McEwen Mining's adjusted revenue per share for the three months ended in Dec. 2023 was $1.226. 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 $3.07 for the trailing ten years ended in Dec. 2023.

During the past 12 months, McEwen Mining's average Cyclically Adjusted Revenue Growth Rate was 9.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.70% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 12.40% 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 McEwen Mining was 75.00% per year. The lowest was -20.90% per year. And the median was 8.30% per year.

As of today (2024-04-30), McEwen Mining's current stock price is $12.22. McEwen Mining's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $3.07. McEwen Mining's Cyclically Adjusted PS Ratio of today is 3.98.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of McEwen Mining was 52.04. The lowest was 1.06. And the median was 7.34.


McEwen Mining Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for McEwen Mining'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.

McEwen Mining Cyclically Adjusted Revenue per Share Chart

McEwen Mining 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 2.37 2.42 2.59 2.81 3.07

McEwen Mining Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.81 2.87 2.93 2.99 3.07

Competitive Comparison of McEwen Mining's Cyclically Adjusted Revenue per Share

For the Other Precious Metals & Mining subindustry, McEwen 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.


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

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

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



McEwen Mining 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, McEwen 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)
=1.226/125.4675*125.4675
=1.226

Current CPI (Dec. 2023) = 125.4675.

McEwen Mining Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.373 98.604 0.475
201406 0.392 99.473 0.494
201409 0.298 99.394 0.376
201412 0.457 98.367 0.583
201503 0.770 99.789 0.968
201506 0.538 100.500 0.672
201509 0.749 100.421 0.936
201512 0.380 99.947 0.477
201603 0.710 101.054 0.882
201606 0.487 102.002 0.599
201609 0.446 101.765 0.550
201612 0.370 101.449 0.458
201703 0.495 102.634 0.605
201706 0.490 103.029 0.597
201709 0.428 103.345 0.520
201712 0.723 103.345 0.878
201803 1.225 105.004 1.464
201806 1.003 105.557 1.192
201809 0.797 105.636 0.947
201812 0.782 105.399 0.931
201903 0.460 106.979 0.539
201906 1.049 107.690 1.222
201909 0.903 107.611 1.053
201912 0.854 107.769 0.994
202003 0.784 107.927 0.911
202006 0.457 108.401 0.529
202009 0.678 108.164 0.786
202012 0.677 108.559 0.782
202103 0.537 110.298 0.611
202106 0.886 111.720 0.995
202109 0.809 112.905 0.899
202112 0.761 113.774 0.839
202203 0.550 117.646 0.587
202206 0.646 120.806 0.671
202209 0.548 120.648 0.570
202212 0.583 120.964 0.605
202303 0.733 122.702 0.750
202306 0.725 124.203 0.732
202309 0.809 125.230 0.811
202312 1.226 125.468 1.226

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


McEwen Mining  (NYSE:MUX) 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.

McEwen Mining's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=12.22/3.07
=3.98

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of McEwen Mining was 52.04. The lowest was 1.06. And the median was 7.34.


Be Aware

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


McEwen Mining Cyclically Adjusted Revenue per Share Related Terms

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


McEwen Mining (McEwen Mining) Business Description

Industry
Traded in Other Exchanges
Address
150 King Street West, Suite 2800, Toronto, ON, CAN, M5H 1J9
McEwen Mining Inc is a mining and minerals production and exploration company focused on precious and base minerals in Argentina, Mexico, and the United States. The company's overall revenue is principally derived from the production of gold and silver. The company owns and operates the wholly-owned El Gallo 1 mine in Mexico, and has a minority shareholding in the company that operates the San Jose mine in Argentina. More than half the company's gold output is produced by the El Gallo 1 mine. The remaining gold production, and the majority of silver production, is produced by the San Jose mine. Geographically, the majority is from Canada.
Executives
Michelle Makori director C/O MCEWEN MINING INC., 150 KING STREET WEST, SUITE 2800, TORONTO A6 A6 M5H 1J9
Ian J Ball officer: Vice President, Mexico 99 GEORGE STREET, THIRD FLOOR, TORONTO A6 M5A 2N4
G. Peter Mah officer: Chief Operating Officer 150 KING STREET WEST, SUITE 2800, TORONTO A6 M5H 1J9
Merri Sanchez director 150 KING STREET WEST, SUITE 2800, TORONTO, ONTARIO Z4 M5H 1J9
William M Shaver director 150 KING STREET WEST, SUITE 2800, TORONTO, ONTARIO Z4 M5H 1J9
Anna Man-yue Ladd-kruger officer: Chief Financial Officer 150 KING STREET WEST, SUITE 2800, TORONTO, ONTARIO Z4 M5H 1J9
Stephen Mcgibbon officer: EVP of Exploration 150 KING STREET WEST, SUITE 2800, TORONTO, ONTARIO Z4 M5H 1J9
Richard W. Brissenden director 2800-150 KING STREET WEST, P.O. BOX 24, TORONTO A6 M5H 1J9
Merushe Verli officer: Chief Financial Officer 150 KING STREET WEST, SUITE 2800, TORONTO A6 M5H 1J9
Michele L Ashby director 2800-150 KING STREET WEST, P.O. BOX 24, TORONTO A6 M5H 1J9
Chris Stewart officer: President and COO 150 KING STREET WEST, SUITE 2800, TORONTO A6 M5H 1J9
Allen V Ambrose director 2800-150 KING STREET WEST, P.O. BOX 24, TORONTO A6 M5H 1J9
Simon Tyler Quick officer: Vice President - Projects 2800-150 KING STREET WEST, P.O. BOX 24, TORONTO A6 M5H 1J9
Xavier Ochoa officer: Chief Operating Officer 150 KING ST. WEST, SUITE 2800, TORONTO A6 M5H 1J9
Sylvain Guerard officer: SVP, Exploration 150 KING STREET WEST, SUITE 2800, TORONTO A6 M5H 1J9

McEwen Mining (McEwen Mining) Headlines

From GuruFocus

McEwen Mining: Stock Exploration Update

By sperokesalga sperokesalga 05-08-2023

McEwen Mining Reduces Debt by 39%

By sperokesalga sperokesalga 05-23-2023

McEwen Mining Operations Performing Better

By GlobeNewswire GlobeNewswire 12-21-2022

MCEWEN MINING: Q3 2022 Results and Webcast

By Value_Insider Value_Insider 11-02-2022

McEwen Mining Announces AGM Voting Results

By Marketwired 07-06-2023

McEwen Mining Q3 2023 Results Conference Call

By Marketwired 11-03-2023

McEwen Copper Closes ARS $30 Billion Investment by Stellantis

By sperokesalga sperokesalga 02-27-2023

McEwen Mining: Q3 Production

By Marketwired 10-30-2023

McEwen Mining: Q1 2023 Results

By sperokesalga sperokesalga 05-08-2023