GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Bathurst Resources Ltd (OTCPK:BTURF) » Definitions » Cyclically Adjusted PS Ratio

Bathurst Resources (Bathurst Resources) Cyclically Adjusted PS Ratio : 2.19 (As of Apr. 28, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Bathurst Resources Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Bathurst Resources's current share price is $0.59. Bathurst Resources's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun23 was $0.27. Bathurst Resources's Cyclically Adjusted PS Ratio for today is 2.19.

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

BTURF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.73   Med: 1.74   Max: 3.67
Current: 2

During the past 13 years, Bathurst Resources's highest Cyclically Adjusted PS Ratio was 3.67. The lowest was 0.73. And the median was 1.74.

BTURF's Cyclically Adjusted PS Ratio is ranked worse than
86.49% of 518 companies
in the Steel industry
Industry Median: 0.47 vs BTURF: 2.00

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.

Bathurst Resources's adjusted revenue per share data of for the fiscal year that ended in Jun23 was $0.139. 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 $0.27 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bathurst Resources Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Bathurst Resources'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.

Bathurst Resources Cyclically Adjusted PS Ratio Chart

Bathurst Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.94 1.24 1.08 2.54 2.30

Bathurst Resources 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 - 2.54 - 2.30 -

Competitive Comparison of Bathurst Resources's Cyclically Adjusted PS Ratio

For the Coking Coal subindustry, Bathurst Resources'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.


Bathurst Resources's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Bathurst Resources's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Bathurst Resources 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.

Bathurst Resources's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.59/0.27
=2.19

* 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.

Bathurst Resources's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Bathurst Resources's adjusted Revenue per Share data for the fiscal year that ended in Jun23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=0.139/125.8458*125.8458
=0.139

Current CPI (Jun23) = 125.8458.

Bathurst Resources Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.590 99.646 0.745
201506 0.370 100.063 0.465
201606 0.375 100.480 0.470
201706 0.306 102.231 0.377
201806 0.235 103.764 0.285
201906 0.200 105.502 0.239
202006 0.178 107.035 0.209
202106 0.183 110.614 0.208
202206 0.143 118.690 0.152
202306 0.139 125.846 0.139

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.


Bathurst Resources  (OTCPK:BTURF) 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.


Bathurst Resources Cyclically Adjusted PS Ratio Related Terms

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


Bathurst Resources (Bathurst Resources) Business Description

Traded in Other Exchanges
Address
1 Willeston Street, Level 12, Wellington, NZL, 6011
Bathurst Resources Ltd is principally engaged in the exploration, development, and production of coal. The operating business segments of the company are Export, Domestic, and Corporate, with maximum revenue from the export segment. It has three operating mines in the South Island: Canterbury Coal, Stockton, and Takitimu. It also operates Maramarua and Rotowaro in the Waikato region of the North Island. Further, it has two mines the Cascade and Escarpment mines near Westport.

Bathurst Resources (Bathurst Resources) Headlines

From GuruFocus