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Viridis Mining and Minerals (ASX:VMM) Cyclically Adjusted PS Ratio : (As of Jun. 06, 2024)


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What is Viridis Mining and Minerals Cyclically Adjusted PS Ratio?

Viridis Mining and Minerals does not have a history long enough to calculate Cyclically Adjusted Revenue per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PS Ratio for this company.

Shiller PE for Stocks: The True Measure of Stock Valuation


Viridis Mining and Minerals Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Viridis Mining and Minerals'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.

Viridis Mining and Minerals Cyclically Adjusted PS Ratio Chart

Viridis Mining and Minerals Annual Data
Trend Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
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Viridis Mining and Minerals Semi-Annual Data
Jun22 Dec22 Jun23 Dec23
Cyclically Adjusted PS Ratio - - - -

Competitive Comparison of Viridis Mining and Minerals's Cyclically Adjusted PS Ratio

For the Coking Coal subindustry, Viridis Mining and Minerals'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.


Viridis Mining and Minerals's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Viridis Mining and Minerals's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Viridis Mining and Minerals 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.

Viridis Mining and Minerals does not have a history long enough to calculate Cyclically Adjusted Revenue per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PS Ratio for this company.


Viridis Mining and Minerals  (ASX:VMM) 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.


Viridis Mining and Minerals Cyclically Adjusted PS Ratio Related Terms

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Viridis Mining and Minerals (ASX:VMM) Business Description

Traded in Other Exchanges
N/A
Address
108 St Georges Terrace, Level 50, Perth, WA, AUS, 6000
Viridis Mining and Minerals Ltd is a mineral exploration company. It operates in the geographical areas of Australia and Canada. The company's projects include South Kitikmeot Gold Project, which the company considers to be prospective for gold, the Boddington West Project, which the company considers to be prospective for gold, the Bindoon Project, which the Company considers to be prospective for nickel, copper and platinum group elements, Poochera Project and Smoky Halloysite Project, which the Company considers to be prospective for kaolin-halloysite.