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Mantengu Mining (JSE:MTU) Cyclically Adjusted PS Ratio : 0.41 (As of Jun. 09, 2024)


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What is Mantengu Mining Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Mantengu Mining's current share price is R1.88. Mantengu Mining's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Feb24 was R4.63. Mantengu Mining's Cyclically Adjusted PS Ratio for today is 0.41.

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

JSE:MTU' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.15   Max: 1.88
Current: 0.41

During the past 13 years, Mantengu Mining's highest Cyclically Adjusted PS Ratio was 1.88. The lowest was 0.01. And the median was 0.15.

JSE:MTU's Cyclically Adjusted PS Ratio is ranked better than
83.02% of 583 companies
in the Metals & Mining industry
Industry Median: 1.28 vs JSE:MTU: 0.41

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.

Mantengu Mining's adjusted revenue per share data of for the fiscal year that ended in Feb24 was R0.700. 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 R4.63 for the trailing ten years ended in Feb24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mantengu Mining Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mantengu 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.

Mantengu Mining Cyclically Adjusted PS Ratio Chart

Mantengu Mining Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.88 0.18

Mantengu Mining Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 - - 1.88 - 0.18

Competitive Comparison of Mantengu Mining's Cyclically Adjusted PS Ratio

For the Other Industrial Metals & Mining subindustry, Mantengu 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.


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

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

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



Mantengu 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.88/4.63
=0.41

* 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.

Mantengu Mining's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Feb24 is calculated as:

For example, Mantengu Mining's adjusted Revenue per Share data for the fiscal year that ended in Feb24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb24 (Change)*Current CPI (Feb24)
=0.7/154.2028*154.2028
=0.700

Current CPI (Feb24) = 154.2028.

Mantengu Mining Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201502 11.345 97.339 17.973
201602 2.812 104.097 4.166
201702 0.198 110.855 0.275
201802 0.000 115.106 0.000
201902 0.000 119.793 0.000
202002 0.000 125.243 0.000
202102 0.000 128.817 0.000
202202 0.000 136.109 0.000
202302 0.032 146.101 0.034
202402 0.700 154.203 0.700

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.


Mantengu Mining  (JSE:MTU) 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.


Mantengu Mining Cyclically Adjusted PS Ratio Related Terms

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


Mantengu Mining (JSE:MTU) Business Description

Traded in Other Exchanges
N/A
Address
5 Saint Michaels Lane, Bryanston, Sandton, Johannesburg, GT, ZAF, 2080
Mantengu Mining Ltd operates as a mining investment company. Its project comprises of Langpan project.

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