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Abcourt Mines (Abcourt Mines) Cyclically Adjusted PS Ratio : (As of Jun. 08, 2024)


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What is Abcourt Mines Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Abcourt Mines Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Abcourt Mines'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.

Abcourt Mines Cyclically Adjusted PS Ratio Chart

Abcourt Mines Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.87 1.49 0.52 -

Abcourt Mines Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.61 - 0.39 - -

Competitive Comparison of Abcourt Mines's Cyclically Adjusted PS Ratio

For the Gold subindustry, Abcourt 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.


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

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

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



Abcourt Mines 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.

Abcourt Mines's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Abcourt Mines's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0/126.2576*126.2576
=0.000

Current CPI (Mar. 2024) = 126.2576.

Abcourt Mines Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.000 99.473 0.000
201409 0.000 99.394 0.000
201412 0.000 98.367 0.000
201503 0.000 99.789 0.000
201506 0.000 100.500 0.000
201509 0.000 100.421 0.000
201512 0.000 99.947 0.000
201603 0.021 101.054 0.026
201606 0.022 102.002 0.027
201609 0.012 101.765 0.015
201612 0.018 101.449 0.022
201703 0.011 102.634 0.014
201706 0.024 103.029 0.029
201709 0.011 103.345 0.013
201712 0.019 103.345 0.023
201803 0.017 105.004 0.020
201806 0.025 105.557 0.030
201809 0.014 105.636 0.017
201812 0.017 105.399 0.020
201903 0.015 106.979 0.018
201906 0.018 107.690 0.021
201909 0.018 107.611 0.021
201912 0.017 107.769 0.020
202003 0.013 107.927 0.015
202006 0.011 108.401 0.013
202009 0.019 108.164 0.022
202012 0.021 108.559 0.024
202103 0.012 110.298 0.014
202106 0.017 111.720 0.019
202109 0.018 112.905 0.020
202112 0.018 113.774 0.020
202203 0.013 117.646 0.014
202206 0.002 120.806 0.002
202209 0.005 120.648 0.005
202212 0.009 120.964 0.009
202303 0.001 122.702 0.001
202306 0.000 124.203 0.000
202309 0.000 125.230 0.000
202312 0.000 125.072 0.000
202403 0.000 126.258 0.000

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.


Abcourt Mines  (OTCPK:ABMBF) 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.


Abcourt Mines Cyclically Adjusted PS Ratio Related Terms

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Abcourt Mines (Abcourt Mines) Business Description

Traded in Other Exchanges
Address
475 de l’Eglise Avenue, Rouyn-Noranda, QC, CAN, J0Z 1Y1
Abcourt Mines Inc is a gold producer and Canadian exploration company. It is engaged in the acquisition, exploration, evaluation, and exploitation of mining properties. The company's operating segment include Mining site in production; Prospection and development and Corporate. It generates maximum revenue from the Mining site in production segment.

Abcourt Mines (Abcourt Mines) Headlines