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Agnico Eagle Mines (NYSE:AEM) Cyclically Adjusted Revenue per Share

: $12.28 (As of Sep. 2023)
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E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Agnico Eagle Mines's adjusted revenue per share for the three months ended in Sep. 2023 was $3.309. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $12.28 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Agnico Eagle Mines's average Cyclically Adjusted Revenue Growth Rate was 7.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 9.10% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 10.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Agnico Eagle Mines was 21.70% per year. The lowest was -9.60% per year. And the median was 8.60% per year.

As of today (2023-11-29), Agnico Eagle Mines's current stock price is $53.41. Agnico Eagle Mines's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 was $12.28. Agnico Eagle Mines's Cyclically Adjusted PS Ratio of today is 4.35.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Agnico Eagle Mines was 10.00. The lowest was 3.35. And the median was 5.33.


Agnico Eagle Mines Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Agnico Eagle Mines's Cyclically Adjusted Revenue per Share 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.

Agnico Eagle Mines Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Revenue per Share
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.19 9.47 10.29 11.42 11.59

Agnico Eagle Mines Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Cyclically Adjusted Revenue per Share 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 11.26 11.59 11.86 12.41 12.28

Competitive Comparison

For the Gold subindustry, Agnico Eagle Mines'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.


Agnico Eagle Mines Cyclically Adjusted PS Ratio Distribution

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

* The bar in red indicates where Agnico Eagle Mines's Cyclically Adjusted PS Ratio falls into.



Agnico Eagle Mines Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Agnico Eagle Mines's adjusted Revenue per Share data for the three months ended in Sep. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=3.309/125.2304*125.2304
=3.309

Current CPI (Sep. 2023) = 125.2304.

Agnico Eagle Mines Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 2.518 96.945 3.253
201403 2.819 98.604 3.580
201406 2.354 99.473 2.964
201409 2.210 99.394 2.784
201412 2.358 98.367 3.002
201503 2.242 99.789 2.814
201506 2.354 100.500 2.933
201509 2.337 100.421 2.914
201512 2.210 99.947 2.769
201603 2.211 101.054 2.740
201606 2.388 102.002 2.932
201609 2.683 101.765 3.302
201612 2.191 101.449 2.705
201703 2.387 102.634 2.913
201706 2.355 103.029 2.862
201709 2.481 103.345 3.006
201712 2.418 103.345 2.930
201803 2.466 105.004 2.941
201806 2.368 105.557 2.809
201809 2.204 105.636 2.613
201812 2.297 105.399 2.729
201903 2.253 106.979 2.637
201906 2.222 107.690 2.584
201909 2.844 107.611 3.310
201912 3.126 107.769 3.632
202003 2.797 107.927 3.245
202006 2.295 108.401 2.651
202009 4.021 108.164 4.655
202012 3.802 108.559 4.386
202103 3.889 110.298 4.416
202106 4.023 111.720 4.510
202109 4.017 112.905 4.456
202112 3.876 113.774 4.266
202203 3.438 117.646 3.660
202206 3.461 120.806 3.588
202209 3.177 120.648 3.298
202212 3.040 120.964 3.147
202303 3.209 122.702 3.275
202306 3.468 124.203 3.497
202309 3.309 125.230 3.309

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Agnico Eagle Mines  (NYSE:AEM) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Agnico Eagle Mines's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=53.41/12.28
=4.35

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Agnico Eagle Mines was 10.00. The lowest was 3.35. And the median was 5.33.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Agnico Eagle Mines Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Agnico Eagle Mines's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Agnico Eagle Mines (NYSE:AEM) Business Description

Industry
Address
145 King Street East, Suite 400, Toronto, ON, CAN, M5C 2Y7
Agnico Eagle is a gold miner with mines in Canada, Mexico, Finland, and Australia. Agnico operated just one mine, LaRonde, as recently as 2008 before bringing its other mines online in rapid succession in the following years. It merged with Kirkland Lake Gold in 2022, acquiring the Detour Lake and Macassa mines in Canada along with the high-grade, low-cost Fosterville mine in Australia. It produced more than 3.1 million gold ounces in 2022 and had about 15 years of gold reserves at end 2022. Agnico Eagle is focused on increasing gold production in lower-risk jurisdictions and bought the remaining 50% of its Canadian Malartic mine along with the Wasamac project and other assets from Yamana Gold in 2023.