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Sprott Physical Platinum & Palladium Tr (TSX:SPPP.U) Cyclically Adjusted Revenue per Share : $0.26 (As of Dec. 2023)


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What is Sprott Physical Platinum & Palladium Tr 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.

Sprott Physical Platinum & Palladium Tr's adjusted revenue per share for the three months ended in Dec. 2023 was $-0.144. 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 $0.26 for the trailing ten years ended in Dec. 2023.

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.

As of today (2024-05-01), Sprott Physical Platinum & Palladium Tr's current stock price is $9.63. Sprott Physical Platinum & Palladium Tr's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $0.26. Sprott Physical Platinum & Palladium Tr's Cyclically Adjusted PS Ratio of today is 37.04.

During the past 11 years, the highest Cyclically Adjusted PS Ratio of Sprott Physical Platinum & Palladium Tr was 40.27. The lowest was 24.27. And the median was 39.38.


Sprott Physical Platinum & Palladium Tr Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Sprott Physical Platinum & Palladium Tr'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.

Sprott Physical Platinum & Palladium Tr Cyclically Adjusted Revenue per Share Chart

Sprott Physical Platinum & Palladium Tr 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 - - - - 0.26

Sprott Physical Platinum & Palladium Tr 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 - 0.50 0.33 0.27 0.26

Competitive Comparison of Sprott Physical Platinum & Palladium Tr's Cyclically Adjusted Revenue per Share

For the Asset Management subindustry, Sprott Physical Platinum & Palladium Tr'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.


Sprott Physical Platinum & Palladium Tr's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Sprott Physical Platinum & Palladium Tr's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Sprott Physical Platinum & Palladium Tr's Cyclically Adjusted PS Ratio falls into.



Sprott Physical Platinum & Palladium Tr 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, Sprott Physical Platinum & Palladium Tr'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)
=-0.144/125.4675*125.4675
=-0.144

Current CPI (Dec. 2023) = 125.4675.

Sprott Physical Platinum & Palladium Tr Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.514 98.604 0.654
201406 0.632 99.473 0.797
201409 -1.020 99.394 -1.288
201412 -0.118 98.367 -0.151
201503 -0.587 99.789 -0.738
201506 -0.579 100.500 -0.723
201509 -0.716 100.421 -0.895
201512 -0.571 99.947 -0.717
201603 0.211 101.054 0.262
201606 0.367 102.002 0.451
201609 0.780 101.765 0.962
201612 -0.614 101.449 -0.759
201703 0.916 102.634 1.120
201706 0.218 103.029 0.265
201709 0.563 103.345 0.684
201712 0.778 103.345 0.945
201803 -0.689 105.004 -0.823
201806 -0.198 105.557 -0.235
201809 0.627 105.636 0.745
201812 1.100 105.399 1.309
201903 0.941 106.979 1.104
201906 0.810 107.690 0.944
201909 0.949 107.611 1.106
201912 1.888 107.769 2.198
202003 1.882 107.927 2.188
202006 -2.259 108.401 -2.615
202009 2.245 108.164 2.604
202012 1.442 108.559 1.667
202103 1.264 110.298 1.438
202106 0.027 111.720 0.030
202109 -4.671 112.905 -5.191
202112 -0.088 113.774 -0.097
202203 1.376 117.646 1.467
202206 -2.052 120.806 -2.131
202209 0.802 120.648 0.834
202212 -0.460 120.964 -0.477
202303 -1.911 122.702 -1.954
202306 -1.582 124.203 -1.598
202309 0.068 125.230 0.068
202312 -0.144 125.468 -0.144

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


Sprott Physical Platinum & Palladium Tr  (TSX:SPPP.U) 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.

Sprott Physical Platinum & Palladium Tr's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=9.63/0.26
=37.04

* 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 11 years, the highest Cyclically Adjusted PS Ratio of Sprott Physical Platinum & Palladium Tr was 40.27. The lowest was 24.27. And the median was 39.38.


Be Aware

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


Sprott Physical Platinum & Palladium Tr Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Sprott Physical Platinum & Palladium Tr's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Sprott Physical Platinum & Palladium Tr (TSX:SPPP.U) Business Description

Traded in Other Exchanges
Address
200 Bay Street, Suite 2600, South Tower, Royal Bank Plaza, Toronto, ON, CAN, M5J 2J1
Sprott Physical Platinum & Palladium Tr invests and holds all of its assets in physical platinum and palladium bullion. It seeks to provide a secure, convenient, and exchange-traded investment alternative for investors interested in holding physical platinum and palladium bullion without the inconvenience that is typical of a direct investment in physical bullion. The Trust invests mainly in long-term holdings of unencumbered, fully allocated, physical platinum and palladium bullion.

Sprott Physical Platinum & Palladium Tr (TSX:SPPP.U) Headlines

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