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Yancoal Australia (ASX:YAL) Cyclically Adjusted PS Ratio : 0.42 (As of May. 14, 2024)


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What is Yancoal Australia Cyclically Adjusted PS Ratio?

As of today (2024-05-14), Yancoal Australia's current share price is A$5.89. Yancoal Australia's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was A$14.05. Yancoal Australia's Cyclically Adjusted PS Ratio for today is 0.42.

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

ASX:YAL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.3   Max: 0.44
Current: 0.43

During the past 12 years, Yancoal Australia's highest Cyclically Adjusted PS Ratio was 0.44. The lowest was 0.14. And the median was 0.30.

ASX:YAL's Cyclically Adjusted PS Ratio is ranked better than
77.78% of 108 companies
in the Other Energy Sources industry
Industry Median: 1.17 vs ASX:YAL: 0.43

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.

Yancoal Australia's adjusted revenue per share data of for the fiscal year that ended in Dec23 was A$5.697. 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 A$14.05 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yancoal Australia Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Yancoal Australia'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.

Yancoal Australia Cyclically Adjusted PS Ratio Chart

Yancoal Australia Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.14 0.35 0.35

Yancoal Australia Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.14 - 0.35 - 0.35

Competitive Comparison of Yancoal Australia's Cyclically Adjusted PS Ratio

For the Thermal Coal subindustry, Yancoal Australia'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.


Yancoal Australia's Cyclically Adjusted PS Ratio Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Yancoal Australia's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Yancoal Australia 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.

Yancoal Australia's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.89/14.05
=0.42

* 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.

Yancoal Australia's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Yancoal Australia's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=5.697/125.6559*125.6559
=5.697

Current CPI (Dec23) = 125.6559.

Yancoal Australia Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 30.368 99.002 38.544
201512 27.906 100.673 34.831
201612 25.999 102.159 31.979
201712 5.776 104.110 6.971
201812 3.762 105.967 4.461
201912 3.303 107.917 3.846
202012 2.597 108.846 2.998
202112 4.082 112.654 4.553
202212 7.924 121.477 8.197
202312 5.697 125.656 5.697

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.


Yancoal Australia  (ASX:YAL) 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.


Yancoal Australia Cyclically Adjusted PS Ratio Related Terms

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


Yancoal Australia (ASX:YAL) Business Description

Traded in Other Exchanges
Address
201 Sussex Street, Level 18, Darling Park Tower 2, Sydney, NSW, AUS, 2000
Yancoal Australia Ltd is involved in identifying, developing, and operating coal-related projects in Australia. It has a diversified product mix of metallurgical and thermal coal mines in New South Wales and Queensland. The company generates maximum revenue from the New South Wales segment. Non-operating items of the Group are presented in Corporate segment which includes administrative expenses, foreign exchange gains and losses recycled from hedge reserve, and elimination of intersegment transactions and other consolidation adjustments. It operates coal mines in the Hunter Valley and mid-Western region of New South Wales and open-cut mines in Queensland's Bowen Basin. The company's geographical markets include Japan, Singapore, China, South Korea, Taiwan, Thailand, and other countries.

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