Precious Metals and Mining Trust (Precious Metals and Mining Trust) Cyclically Adjusted PS Ratio : 7.27 (As of Apr. 28, 2024)

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What is Precious Metals and Mining Trust Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Precious Metals and Mining Trust's current share price is $1.09. Precious Metals and Mining Trust's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was $0.15. Precious Metals and Mining Trust's Cyclically Adjusted PS Ratio for today is 7.27.

The historical rank and industry rank for Precious Metals and Mining Trust's Cyclically Adjusted PS Ratio or its related term are showing as below:

PMMTF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.9 Med: 7.52 Max: 8.38
Current: 8.38

During the past 13 years, Precious Metals and Mining Trust's highest Cyclically Adjusted PS Ratio was 8.38. The lowest was 6.90. And the median was 7.52.

PMMTF's Cyclically Adjusted PS Ratio is ranked worse than
53.31% of 876 companies
in the Asset Management industry
Industry Median: 7.44 vs PMMTF: 8.38

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.

Precious Metals and Mining Trust's adjusted revenue per share data of for the fiscal year that ended in Dec23 was $0.001. 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 $0.15 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation

Precious Metals and Mining Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Precious Metals and Mining Trust'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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Precious Metals and Mining Trust Cyclically Adjusted PS Ratio Chart

Precious Metals and Mining Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cyclically Adjusted PS Ratio

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7.99

Precious Metals and Mining Trust 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															-	-	-	-	7.99

Competitive Comparison of Precious Metals and Mining Trust's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Precious Metals and Mining Trust'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.

Precious Metals and Mining Trust's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Precious Metals and Mining Trust's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Precious Metals and Mining Trust's Cyclically Adjusted PS Ratio falls into.

Precious Metals and Mining Trust 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.

Precious Metals and Mining Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio	=	Share Price	/	Cyclically Adjusted Revenue per Share
	=	1.09	/	0.15
	=	7.27

Precious Metals and Mining Trust's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Precious Metals and Mining Trust'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)
	=	0.001	/	125.4675	*	125.4675
	=	0.001

Current CPI (Dec23) = 125.4675.

Precious Metals and Mining Trust Annual Data

	Revenue per Share	CPI	Adj_RevenuePerShare
201412	0.180	98.367	0.230
201512	-0.152	99.947	-0.191
201612	0.716	101.449	0.886
201712	-0.064	103.345	-0.078
201812	-0.196	105.399	-0.233
201912	0.256	107.769	0.298
202012	0.835	108.559	0.965
202112	-0.010	113.774	-0.011
202212	-0.229	120.964	-0.238
202312	0.001	125.468	0.001

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.

Precious Metals and Mining Trust (OTCPK:PMMTF) 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.

Precious Metals and Mining Trust Cyclically Adjusted PS Ratio Related Terms

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

Precious Metals and Mining Trust (Precious Metals and Mining Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Precious Metals and Mining Trust (OTCPK:PMMTF) » Definitions » Cyclically Adjusted PS Ratio

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MMP.UN:Canada

Address

15 York Street, Second Floor, Toronto, ON, CAN, M5J 0A3

Website

https://www.ci.com

Precious Metals and Mining Trust is an investment trust operating in Canada. The investment objective of the company is to provide long-term capital appreciation and monthly cash distributions. The investment portfolio of the trust includes equity securities of metals and minerals mining and exploration issuers.

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