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Stornoway Diamond (Stornoway Diamond) Cyclically Adjusted PS Ratio : (As of Apr. 29, 2024)


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What is Stornoway Diamond Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Stornoway Diamond Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Stornoway Diamond'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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Stornoway Diamond Cyclically Adjusted PS Ratio Chart

Stornoway Diamond Annual Data
Trend Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Dec16 Dec17 Dec18
Cyclically Adjusted PS Ratio
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Stornoway Diamond Quarterly Data
Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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Competitive Comparison of Stornoway Diamond's Cyclically Adjusted PS Ratio

For the Other Precious Metals & Mining subindustry, Stornoway Diamond'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.


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

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

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



Stornoway Diamond 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.

Stornoway Diamond's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2019 is calculated as:

For example, Stornoway Diamond's adjusted Revenue per Share data for the three months ended in Jun. 2019 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2019 (Change)*Current CPI (Jun. 2019)
=0.154/107.6903*107.6903
=0.154

Current CPI (Jun. 2019) = 107.6903.

Stornoway Diamond Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200907 0.000 90.624 0.000
200910 0.000 90.545 0.000
201001 0.000 90.940 0.000
201004 0.000 91.651 0.000
201007 0.000 92.283 0.000
201010 0.000 92.757 0.000
201101 0.000 93.074 0.000
201104 0.000 94.654 0.000
201107 0.000 94.812 0.000
201110 0.000 95.444 0.000
201201 0.000 95.365 0.000
201204 0.000 96.550 0.000
201207 0.000 95.997 0.000
201210 0.000 96.550 0.000
201301 0.000 95.839 0.000
201304 0.000 96.945 0.000
201307 0.000 97.261 0.000
201310 0.000 97.182 0.000
201401 0.000 97.261 0.000
201404 0.000 98.920 0.000
201407 0.000 99.315 0.000
201410 0.000 99.473 0.000
201501 0.000 98.209 0.000
201504 0.000 99.710 0.000
201507 0.000 100.579 0.000
201510 0.000 100.500 0.000
201603 0.000 101.054 0.000
201606 0.000 102.002 0.000
201609 0.000 101.765 0.000
201612 0.000 101.449 0.000
201703 0.044 102.634 0.046
201706 0.039 103.029 0.041
201709 0.049 103.345 0.051
201712 0.052 103.345 0.054
201803 0.052 105.004 0.053
201806 0.052 105.557 0.053
201809 0.027 105.636 0.028
201812 0.019 105.399 0.019
201903 0.043 106.979 0.043
201906 0.154 107.690 0.154

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.


Stornoway Diamond  (OTCPK:SWYDF) 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.


Stornoway Diamond Cyclically Adjusted PS Ratio Related Terms

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Stornoway Diamond (Stornoway Diamond) Business Description

Traded in Other Exchanges
N/A
Address
1111 St. Charles Street West, Tour Ouest, Suite 400, Longueuil, QC, CAN, J4K 5G4
Stornoway Diamond Corp is a leading Canadian diamond exploration and producing company. Its principal business is the development of its flagship asset, the fully-owned Renard Mine, located in Quebec, Canada. The company intends to grow its business through the exploration and development of its mines. Stornoway also holds interests in a portfolio of exploration assets across Canada through owned properties and joint ventures. These properties and joint ventures include projects such as Adamantin, Qilalugaq and Pikoo.

Stornoway Diamond (Stornoway Diamond) Headlines

From GuruFocus

Stornoway Announces Recommencement of Renard Mine Operations

By GlobeNewswire GlobeNewswire 07-04-2018

Stornoway Granted Approval and Vesting Order

By GlobeNewswire GlobeNewswire 10-07-2019

Stornoway Receives Notice of Delisting Review by TSX

By GlobeNewswire GlobeNewswire 08-22-2019

Stornoway Announces Board Appointment

By GlobeNewswire GlobeNewswire 06-13-2018