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Resolute Mining (Resolute Mining) Cyclically Adjusted PS Ratio : 0.57 (As of Apr. 29, 2024)


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What is Resolute Mining Cyclically Adjusted PS Ratio?

As of today (2024-04-29), Resolute Mining's current share price is $0.3027. Resolute Mining's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was $0.53. Resolute Mining's Cyclically Adjusted PS Ratio for today is 0.57.

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

RMGGF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.69   Max: 2.36
Current: 0.55

During the past 13 years, Resolute Mining's highest Cyclically Adjusted PS Ratio was 2.36. The lowest was 0.22. And the median was 0.69.

RMGGF's Cyclically Adjusted PS Ratio is ranked better than
74.02% of 585 companies
in the Metals & Mining industry
Industry Median: 1.35 vs RMGGF: 0.55

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.

Resolute Mining's adjusted revenue per share data of for the fiscal year that ended in Dec23 was $0.296. 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 $0.53 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Resolute Mining Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Resolute Mining'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.

Resolute Mining Cyclically Adjusted PS Ratio Chart

Resolute Mining Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.46 0.94 0.45 0.25 0.58

Resolute Mining 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 0.45 - 0.25 - 0.58

Competitive Comparison of Resolute Mining's Cyclically Adjusted PS Ratio

For the Gold subindustry, Resolute Mining'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.


Resolute Mining's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

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

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



Resolute Mining 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.

Resolute Mining's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.3027/0.53
=0.57

* 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.

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

For example, Resolute Mining'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)
=0.296/125.6559*125.6559
=0.296

Current CPI (Dec23) = 125.6559.

Resolute Mining Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.557 98.352 0.712
201506 0.492 99.838 0.619
201606 0.563 100.859 0.701
201706 0.509 102.809 0.622
201806 0.390 104.945 0.467
201912 0.501 107.917 0.583
202012 0.550 108.846 0.635
202112 0.498 112.654 0.555
202212 0.544 121.477 0.563
202312 0.296 125.656 0.296

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.


Resolute Mining  (OTCPK:RMGGF) 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.


Resolute Mining Cyclically Adjusted PS Ratio Related Terms

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


Resolute Mining (Resolute Mining) Business Description

Traded in Other Exchanges
Address
152 St Georges Terrace, Level 37, Central Park Tower, Perth, WA, AUS, 6000
Resolute Mining Ltd is an Australia-based gold producer. Its principal activities include gold mining, prospecting, and exploration of minerals. The company organizes its operations into three main business divisions, namely: Mako (Senegal), and Syama (Mali). The firm generates the majority of its revenue from the Syama (Mali) segment. Syama is a robust, long-life asset comprising an underground mine and associated sulphide processing circuit, along with satellite open pit operations which provide ore feed to a separate oxide processing circuit. Mako is a high-quality, open-pit gold mine.

Resolute Mining (Resolute Mining) Headlines