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Gold Fields (NYSE:GFI) Cyclically Adjusted PS Ratio

: 3.59 (As of Today)
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As of today (2024-03-01), Gold Fields's current share price is $13.53. Gold Fields's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was $3.77. Gold Fields's Cyclically Adjusted PS Ratio for today is 3.59.

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

GFI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.63   Med: 1.27   Max: 4.67
Current: 3.48

During the past 13 years, Gold Fields's highest Cyclically Adjusted PS Ratio was 4.67. The lowest was 0.63. And the median was 1.27.

GFI's Cyclically Adjusted PS Ratio is ranked worse than
80.38% of 576 companies
in the Metals & Mining industry
Industry Median: 1.095 vs GFI: 3.48

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.

Gold Fields's adjusted revenue per share data of for the fiscal year that ended in Dec23 was $5.029. 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 $3.77 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gold Fields Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Gold Fields'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.

Gold Fields Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.73 2.45 2.88 2.66 3.84

Gold Fields 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 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 Premium Member Only Premium Member Only Premium Member Only 2.88 - 2.66 - 3.84

Competitive Comparison

For the Gold subindustry, Gold Fields'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.


Gold Fields Cyclically Adjusted PS Ratio Distribution

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

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



Gold Fields 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.

Gold Fields's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.53/3.77
=3.59

* 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.

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

For example, Gold Fields'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)
=5.029/152.7175*152.7175
=5.029

Current CPI (Dec23) = 152.7175.

Gold Fields Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 3.717 96.794 5.865
201512 3.168 101.808 4.752
201612 3.292 109.002 4.612
201712 3.340 113.907 4.478
201812 3.097 118.921 3.977
201912 3.535 123.717 4.364
202012 4.374 127.467 5.240
202112 4.695 135.029 5.310
202212 4.795 145.156 5.045
202312 5.029 152.718 5.029

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.


Gold Fields  (NYSE:GFI) 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.


Gold Fields Cyclically Adjusted PS Ratio Related Terms

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


Gold Fields (NYSE:GFI) Business Description

Address
150 Helen Road, Sandown, Sandton, Johannesburg, GT, ZAF, 2196
Gold Fields Ltd is a producer of gold and is a holder of gold reserves and resources in South Africa, Ghana, Australia and Peru. In Peru, the company also produces copper. The company is primarily involved in underground and surface gold and surface copper mining and silver and related activities, including exploration, extraction, processing and smelting. It conducts underground and surface mining operations at St. Ives, underground-only operations at Agnew, Granny Smith and South Deep and surface-only open pit mining at Damang, Tarkwa and Cerro Corona. The company's revenues are derived from the sale of gold that it produces.