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Metalore Resources (TSXV:MET) Cyclically Adjusted PS Ratio : 5.88 (As of Apr. 29, 2024)


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What is Metalore Resources Cyclically Adjusted PS Ratio?

As of today (2024-04-29), Metalore Resources's current share price is C$3.00. Metalore Resources's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was C$0.51. Metalore Resources's Cyclically Adjusted PS Ratio for today is 5.88.

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

TSXV:MET' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.56   Med: 3.74   Max: 7.29
Current: 5.91

During the past years, Metalore Resources's highest Cyclically Adjusted PS Ratio was 7.29. The lowest was 1.56. And the median was 3.74.

TSXV:MET's Cyclically Adjusted PS Ratio is ranked worse than
92.88% of 758 companies
in the Oil & Gas industry
Industry Median: 0.9 vs TSXV:MET: 5.91

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.

Metalore Resources's adjusted revenue per share data for the three months ended in Dec. 2023 was C$0.068. 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 C$0.51 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Metalore Resources Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Metalore Resources'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.

Metalore Resources Cyclically Adjusted PS Ratio Chart

Metalore Resources Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.62 3.93 6.29 4.83 4.72

Metalore Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 4.62 4.72 5.10 5.80 5.22

Competitive Comparison of Metalore Resources's Cyclically Adjusted PS Ratio

For the Oil & Gas E&P subindustry, Metalore Resources'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.


Metalore Resources's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Metalore Resources's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Metalore Resources 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.

Metalore Resources's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.00/0.51
=5.88

* 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.

Metalore Resources's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Metalore Resources's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.068/125.4675*125.4675
=0.068

Current CPI (Dec. 2023) = 125.4675.

Metalore Resources Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.146 98.604 0.186
201406 0.115 99.473 0.145
201409 0.130 99.394 0.164
201412 0.125 98.367 0.159
201503 0.225 99.789 0.283
201506 0.081 100.500 0.101
201509 0.125 100.421 0.156
201512 0.073 99.947 0.092
201603 0.091 101.054 0.113
201606 0.083 102.002 0.102
201609 0.080 101.765 0.099
201612 0.111 101.449 0.137
201703 0.124 102.634 0.152
201706 0.091 103.029 0.111
201709 0.101 103.345 0.123
201712 0.135 103.345 0.164
201803 0.109 105.004 0.130
201806 0.075 105.557 0.089
201809 0.112 105.636 0.133
201812 0.141 105.399 0.168
201903 0.110 106.979 0.129
201906 0.065 107.690 0.076
201909 0.075 107.611 0.087
201912 0.125 107.769 0.146
202003 0.082 107.927 0.095
202006 0.073 108.401 0.084
202009 0.096 108.164 0.111
202012 0.109 108.559 0.126
202103 0.091 110.298 0.104
202106 0.086 111.720 0.097
202109 0.100 112.905 0.111
202112 0.144 113.774 0.159
202203 0.129 117.646 0.138
202206 0.149 120.806 0.155
202209 0.205 120.648 0.213
202212 0.155 120.964 0.161
202303 0.094 122.702 0.096
202306 0.047 124.203 0.047
202309 0.065 125.230 0.065
202312 0.068 125.468 0.068

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.


Metalore Resources  (TSXV:MET) 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.


Metalore Resources Cyclically Adjusted PS Ratio Related Terms

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


Metalore Resources (TSXV:MET) Business Description

Industry
Traded in Other Exchanges
Address
124 Norfolk Street North, P.O. Box 422, Simcoe, ON, CAN, N3Y 3N8
Metalore Resources Ltd is a Canada-based resource company focused on natural gas production and gold exploration. It owns and controls petroleum, natural gas, and mineral leases in Charlotteville, Walsingham, and Houghton townships in Norfolk County, Ontario. The company's properties for gold exploration include Paint LakeProperty and Brookbank Jv Properties. It generates the majority of revenue from the sale of natural gas.

Metalore Resources (TSXV:MET) Headlines

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