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Full Metal Minerals (Full Metal Minerals) Cyclically Adjusted PS Ratio : (As of Apr. 29, 2024)


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What is Full Metal Minerals Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Full Metal Minerals Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Full Metal Minerals'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.

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Full Metal Minerals Cyclically Adjusted PS Ratio Chart

Full Metal Minerals Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted PS Ratio
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Full Metal Minerals Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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Competitive Comparison of Full Metal Minerals's Cyclically Adjusted PS Ratio

For the Other Industrial Metals & Mining subindustry, Full Metal Minerals'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.


Full Metal Minerals's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Full Metal Minerals's Cyclically Adjusted PS Ratio falls into.



Full Metal Minerals 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.

Full Metal Minerals's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Full Metal Minerals's adjusted Revenue per Share data for the three months ended in Feb. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0/125.4675*125.4675
=0.000

Current CPI (Feb. 2024) = 125.4675.

Full Metal Minerals Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 0.000 99.394 0.000
201408 0.000 99.315 0.000
201411 0.000 99.078 0.000
201502 0.000 99.078 0.000
201505 0.000 100.263 0.000
201508 0.000 100.579 0.000
201511 0.000 100.421 0.000
201602 0.000 100.421 0.000
201605 0.000 101.765 0.000
201608 0.000 101.686 0.000
201611 0.000 101.607 0.000
201702 0.000 102.476 0.000
201705 0.000 103.108 0.000
201708 0.000 103.108 0.000
201711 0.000 103.740 0.000
201802 0.000 104.688 0.000
201805 0.000 105.399 0.000
201808 0.000 106.031 0.000
201811 0.000 105.478 0.000
201902 0.000 106.268 0.000
201905 0.000 107.927 0.000
201908 0.000 108.085 0.000
201911 0.000 107.769 0.000
202002 0.000 108.559 0.000
202005 0.000 107.532 0.000
202008 0.000 108.243 0.000
202011 0.000 108.796 0.000
202102 0.000 109.745 0.000
202105 0.000 111.404 0.000
202108 0.000 112.668 0.000
202111 0.000 113.932 0.000
202202 0.000 115.986 0.000
202205 0.000 120.016 0.000
202208 0.000 120.569 0.000
202211 0.000 121.675 0.000
202302 0.000 122.070 0.000
202305 0.000 124.045 0.000
202308 0.000 125.389 0.000
202311 0.000 125.468 0.000
202402 0.000 125.468 0.000

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.


Full Metal Minerals  (OTCPK:FLMTF) 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.


Full Metal Minerals Cyclically Adjusted PS Ratio Related Terms

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Full Metal Minerals (Full Metal Minerals) Business Description

Traded in Other Exchanges
Address
409 Granville Street, Suite 1500, Vancouver, BC, CAN, V6C 1T2
Full Metal Minerals Ltd is a Canada-based mineral exploration company. The company is engaged in the acquisition, exploration, and development of resource properties. The firm operates in one segment which is mineral property acquisition and exploration, while all assets are located in Canada.

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