GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Arian Resources Corp (OTCPK:GNHRF) » Definitions » Cyclically Adjusted PS Ratio

Arian Resources (Arian Resources) Cyclically Adjusted PS Ratio : (As of May. 30, 2024)


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

What is Arian Resources 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


Arian Resources Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Arian Resources'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.

Arian Resources Cyclically Adjusted PS Ratio Chart

Arian Resources Annual Data
Trend May07 May08 May09 May10 May11 May12 May13 May14 May15 May16
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Arian Resources Quarterly Data
Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16
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 Arian Resources's Cyclically Adjusted PS Ratio

For the Other Industrial Metals & Mining subindustry, Arian Resources'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.


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

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

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



Arian Resources 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.

Arian Resources's Cyclically Adjusted Revenue per Share for the fiscal year that ended in May16 is calculated as:

For example, Arian Resources's adjusted Revenue per Share data for the fiscal year that ended in May16 was:

Adj_RevenuePerShare=Revenue per Share/CPI of May16 (Change)*Current CPI (May16)
=0/101.7646*101.7646
=0.000

Current CPI (May16) = 101.7646.

Arian Resources Annual Data

Revenue per Share CPI Adj_RevenuePerShare
200705 0.000 88.570 0.000
200805 0.000 90.545 0.000
200905 0.000 90.624 0.000
201005 0.000 91.888 0.000
201105 0.000 95.286 0.000
201205 0.000 96.471 0.000
201305 0.000 97.182 0.000
201405 0.000 99.394 0.000
201505 0.000 100.263 0.000
201605 0.000 101.765 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.


Arian Resources  (OTCPK:GNHRF) 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.


Arian Resources Cyclically Adjusted PS Ratio Related Terms

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


Arian Resources (Arian Resources) Business Description

Traded in Other Exchanges
N/A
Address
1199 West Hastings Street, Suite 800, Vancouver, BC, CAN, V6E 3T5
Arian Resources Corp is a mineral exploration company. It is engaged in the acquisition, exploration, and development of mineral properties in Canada. It primarily explores for gold, platinum group elements, chromite, and copper ores. It holds interests in Albanian exploration projects located in Northern Albania and also owns interest in a copper mining exploitation permit located in Albania. It operates through Mineral exploration segment and generates revenue from the same.

Arian Resources (Arian Resources) Headlines

No Headlines