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Inmet Mining (FRA:MMC) Cyclically Adjusted PS Ratio : (As of May. 24, 2024)


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What is Inmet Mining Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Inmet Mining Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Inmet 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.

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Inmet Mining Cyclically Adjusted PS Ratio Chart

Inmet Mining Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Cyclically Adjusted PS Ratio
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Inmet Mining Quarterly Data
Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12
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Competitive Comparison of Inmet Mining's Cyclically Adjusted PS Ratio

For the Other Industrial Metals & Mining subindustry, Inmet 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.


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

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

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



Inmet 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.

Inmet Mining's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2012 is calculated as:

For example, Inmet Mining's adjusted Revenue per Share data for the three months ended in Dec. 2012 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2012 (Change)*Current CPI (Dec. 2012)
=2.837/95.7598*95.7598
=2.837

Current CPI (Dec. 2012) = 95.7598.

Inmet Mining Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200303 0.719 81.459 0.845
200306 0.925 80.985 1.094
200309 1.513 81.459 1.779
200312 1.205 81.538 1.415
200403 1.964 82.091 2.291
200406 1.572 83.039 1.813
200409 1.675 82.960 1.933
200412 1.190 83.276 1.368
200503 2.752 83.987 3.138
200506 2.523 84.461 2.861
200509 2.123 85.647 2.374
200512 4.741 85.015 5.340
200603 3.116 85.805 3.478
200606 4.673 86.516 5.172
200609 4.384 86.279 4.866
200612 2.987 86.437 3.309
200703 3.885 87.780 4.238
200706 4.632 88.412 5.017
200709 4.078 88.412 4.417
200712 3.261 88.491 3.529
200803 3.580 88.965 3.853
200806 3.683 91.177 3.868
200809 3.375 91.414 3.535
200812 0.239 89.518 0.256
200903 3.005 90.071 3.195
200906 2.690 90.940 2.833
200909 2.758 90.624 2.914
200912 3.522 90.703 3.718
201003 3.242 91.335 3.399
201006 2.974 91.809 3.102
201009 4.130 92.362 4.282
201012 4.484 92.836 4.625
201103 3.023 94.338 3.069
201106 2.427 94.654 2.455
201109 2.645 95.286 2.658
201112 2.693 94.970 2.715
201203 3.220 96.155 3.207
201206 2.872 96.076 2.863
201209 3.638 96.392 3.614
201212 2.837 95.760 2.837

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.


Inmet Mining  (FRA:MMC) 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.


Inmet Mining Cyclically Adjusted PS Ratio Related Terms

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Inmet Mining (FRA:MMC) Business Description

Traded in Other Exchanges
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Address
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Inmet Mining Corporation is a Canadian-based global mining company that produces base metals with a focus on copper. It operates and develops underground and open pit mines safely, responsibly and cost effectively. The Company has three operating properties and one development property around the world. Çayeli is an underground mine on the Black Sea coast of northeastern Turkey. It produces copper and zinc concentrates, which are sold to international and domestic smelters and traders. Las Cruces is an open pit mine in southern Spain. Las Cruces uses leaching and electrowinning technology to produce copper cathode which are sold to buyers in the Spanish and Mediterranean markets. Pyhäsalmi is an underground copper and zinc mine in central Finland. It produces copper, zinc and pyrite concentrates. Copper and zinc concentrates are sold under long-term contracts to smelters in Finland. Pyrite is sold under contract to customers in Europe and Asia as well as in the spot market. Cobre Panama is an open pit copper development project in Panama.