GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » CGA Mining Limited (ASX:CGX) » Definitions » Cyclically Adjusted PS Ratio

CGA Mining Limited (ASX:CGX) Cyclically Adjusted PS Ratio : (As of May. 24, 2024)


View and export this data going back to . Start your Free Trial

What is CGA Mining Limited Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


CGA Mining Limited Cyclically Adjusted PS Ratio Historical Data

The historical data trend for CGA Mining Limited'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.

CGA Mining Limited Cyclically Adjusted PS Ratio Chart

CGA Mining Limited Annual Data
Trend Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

CGA Mining Limited Quarterly Data
Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
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 - - - - -

Competitive Comparison of CGA Mining Limited's Cyclically Adjusted PS Ratio

For the Gold subindustry, CGA Mining Limited'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.


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

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

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



CGA Mining Limited 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.

CGA Mining Limited's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun12 is calculated as:

For example, CGA Mining Limited's adjusted Revenue per Share data for the fiscal year that ended in Jun12 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun12 (Change)*Current CPI (Jun12)
=0.558/93.2436*93.2436
=0.558

Current CPI (Jun12) = 93.2436.

CGA Mining Limited Annual Data

Revenue per Share CPI Adj_RevenuePerShare
200306 0.004 72.997 0.005
200406 0.779 74.855 0.970
200506 0.024 76.712 0.029
200606 0.026 79.777 0.030
200706 0.023 81.449 0.026
200806 0.020 85.071 0.022
200906 0.012 86.278 0.013
201006 0.613 88.971 0.642
201106 0.664 92.129 0.672
201206 0.558 93.244 0.558

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.


CGA Mining Limited  (ASX:CGX) 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.


CGA Mining Limited Cyclically Adjusted PS Ratio Related Terms

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


CGA Mining Limited (ASX:CGX) Business Description

Traded in Other Exchanges
N/A
Address
Website

CGA Mining Limited (ASX:CGX) Headlines

No Headlines