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SSR Mining (ASX:SSR) Cyclically Adjusted PS Ratio : 0.95 (As of Jun. 10, 2024)


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What is SSR Mining Cyclically Adjusted PS Ratio?

As of today (2024-06-10), SSR Mining's current share price is A$7.73. SSR Mining's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was A$8.13. SSR Mining's Cyclically Adjusted PS Ratio for today is 0.95.

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

ASX:SSR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.74   Med: 3.6   Max: 7.13
Current: 0.92

During the past years, SSR Mining's highest Cyclically Adjusted PS Ratio was 7.13. The lowest was 0.74. And the median was 3.60.

ASX:SSR's Cyclically Adjusted PS Ratio is ranked better than
59.52% of 583 companies
in the Metals & Mining industry
Industry Median: 1.24 vs ASX:SSR: 0.92

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.

SSR Mining's adjusted revenue per share data for the three months ended in Mar. 2024 was A$1.735. 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 A$8.13 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SSR Mining Cyclically Adjusted PS Ratio Historical Data

The historical data trend for SSR Mining'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.

SSR Mining Cyclically Adjusted PS Ratio Chart

SSR Mining Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.89 5.29 3.88 3.29 1.95

SSR Mining 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 3.06 2.73 2.53 1.95 0.80

Competitive Comparison of SSR Mining's Cyclically Adjusted PS Ratio

For the Gold subindustry, SSR Mining'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.


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

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

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



SSR Mining 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.

SSR Mining's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.73/8.13
=0.95

* 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.

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

For example, SSR Mining'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)
=1.735/131.7762*131.7762
=1.735

Current CPI (Mar. 2024) = 131.7762.

SSR Mining Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.850 100.560 1.114
201409 1.086 100.428 1.425
201412 1.842 99.070 2.450
201503 1.537 99.621 2.033
201506 1.538 100.684 2.013
201509 1.354 100.392 1.777
201512 1.547 99.792 2.043
201603 1.669 100.470 2.189
201606 1.691 101.688 2.191
201609 1.406 101.861 1.819
201612 1.433 101.863 1.854
201703 1.281 102.862 1.641
201706 1.154 103.349 1.471
201709 1.103 104.136 1.396
201712 1.170 104.011 1.482
201803 1.053 105.290 1.318
201806 1.147 106.317 1.422
201809 1.320 106.507 1.633
201812 1.177 105.998 1.463
201903 1.461 107.251 1.795
201906 1.831 108.070 2.233
201909 1.766 108.329 2.148
201912 1.470 108.420 1.787
202003 2.125 108.902 2.571
202006 1.087 108.767 1.317
202009 2.057 109.815 2.468
202012 2.238 109.897 2.684
202103 2.047 111.754 2.414
202106 2.131 114.631 2.450
202109 1.957 115.734 2.228
202112 2.546 117.630 2.852
202203 2.145 121.301 2.330
202206 2.020 125.017 2.129
202209 1.201 125.227 1.264
202212 2.071 125.222 2.179
202303 2.148 127.348 2.223
202306 2.064 128.729 2.113
202309 2.941 129.860 2.984
202312 3.126 129.419 3.183
202403 1.735 131.776 1.735

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.


SSR Mining  (ASX:SSR) 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.


SSR Mining Cyclically Adjusted PS Ratio Related Terms

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


SSR Mining (ASX:SSR) Business Description

Traded in Other Exchanges
Address
6900 E. Layton Avenue, Suite 1300, Denver, CO, USA, 80237
SSR Mining Inc is a minerals company focused on mining precious metals in the Americas. More than half of Silver Standard's revenue is attributable to the production of gold, with a significant portion derived from silver production. The company owns and operates the Marigold mine in Nevada, United States; the Seabee Gold Operation in Saskatchewan, Canada; and the Puna mine in Argentina. The majority of gold production is derived from the Marigold mine, and Silver Standard's silver production is principally derived from the Puna mine.

SSR Mining (ASX:SSR) Headlines