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Comstock (Comstock) Cyclically Adjusted PS Ratio : 0.16 (As of May. 26, 2024)


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What is Comstock Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Comstock's current share price is $0.2498. Comstock's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $1.58. Comstock's Cyclically Adjusted PS Ratio for today is 0.16.

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

LODE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.74   Max: 2.74
Current: 0.16

During the past years, Comstock's highest Cyclically Adjusted PS Ratio was 2.74. The lowest was 0.08. And the median was 0.74.

LODE's Cyclically Adjusted PS Ratio is ranked better than
91.74% of 1368 companies
in the Real Estate industry
Industry Median: 1.74 vs LODE: 0.16

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.

Comstock's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.004. 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 $1.58 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Comstock Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Comstock'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.

Comstock Cyclically Adjusted PS Ratio Chart

Comstock 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 0.13 0.34 0.42 - 0.30

Comstock 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 - - 0.19 0.30 0.23

Competitive Comparison of Comstock's Cyclically Adjusted PS Ratio

For the Real Estate Services subindustry, Comstock'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.


Comstock's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Comstock's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Comstock 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.

Comstock's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.2498/1.58
=0.16

* 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.

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

For example, Comstock'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)
=0.004/131.7762*131.7762
=0.004

Current CPI (Mar. 2024) = 131.7762.

Comstock Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.029 100.560 2.659
201409 2.046 100.428 2.685
201412 2.049 99.070 2.725
201503 1.109 99.621 1.467
201506 1.662 100.684 2.175
201509 0.969 100.392 1.272
201512 0.414 99.792 0.547
201603 0.310 100.470 0.407
201606 0.211 101.688 0.273
201609 0.156 101.861 0.202
201612 0.058 101.863 0.075
201703 0.003 102.862 0.004
201706 0.003 103.349 0.004
201709 0.003 104.136 0.004
201712 0.003 104.011 0.004
201803 0.002 105.290 0.003
201806 0.003 106.317 0.004
201809 0.003 106.507 0.004
201812 0.004 105.998 0.005
201903 0.002 107.251 0.002
201906 0.003 108.070 0.004
201909 0.002 108.329 0.002
201912 0.002 108.420 0.002
202003 0.002 108.902 0.002
202006 0.002 108.767 0.002
202009 0.002 109.815 0.002
202012 0.002 109.897 0.002
202103 0.001 111.754 0.001
202106 0.001 114.631 0.001
202109 0.007 115.734 0.008
202112 0.006 117.630 0.007
202203 0.001 121.301 0.001
202206 0.001 125.017 0.001
202209 0.001 125.227 0.001
202212 0.000 125.222 0.000
202303 0.000 127.348 0.000
202306 0.000 128.729 0.000
202309 0.007 129.860 0.007
202312 0.004 129.419 0.004
202403 0.004 131.776 0.004

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.


Comstock  (AMEX:LODE) 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.


Comstock Cyclically Adjusted PS Ratio Related Terms

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


Comstock (Comstock) Business Description

Industry
Traded in Other Exchanges
Address
117 American Flat Road, Virginia City, NV, USA, 89440
Comstock Inc is engaged in technologies that efficiently use wasted and under-utilized natural resources to produce renewable energy and other products that contribute to balancing uses and emissions of carbon and enhance mineral and material discoveries. It has three operating segments; The renewable energy segment consists of technology and engineering services sales, licenses, royalties, demonstration plants and equipment, and research and development expenses, The mining segment consists of mining, mine development, metal processing, and environmental and reclamation operations, and The strategic and other investments segment includes all other activities, including investments in non-mining real estate and its equity method investments.
Executives
Leo M Drozdoff director 1200 AMERICAN FLAT ROAD, VIRGINIA CITY NV 89440
William Joseph Mccarthy officer: Chief Operating Officer 1200 AMERICAN FLAT ROAD, VIRGINIA CITY NV 89440
Mayaguez J Salinas director 117 AMERICAN FLAT ROAD, VIRGINIA CITY NV 89440
Kristin Slanina director 120 BROADWAY, SUITE 200, SANTA MONICA CA 90401
David Winsness officer: Chief Technology Officer 117 AMERICAN FLAT ROAD, VIRGINIA CITY NV 89440
Kevin Kreisler officer: President P.O. BOX 284, MT. ARLINGTON NJ 07856
Rahul Bobbili officer: Chief Process Engineer 1200 AMERICAN FLAT ROAD, VIRGINIA CITY NV 89440
Marting Walter A. Jr director 11055 VINCENT LANE, RENO NV 89511
William John Nance director 11620 WILSHIRE BOULEVARD, SUITE 350, LOS ANGELES CA 90025
Judd Merrill director 2425 CROOKED CANYON CT., RENO NV 89521
John Clark Gillam director PO BOX 1118,1800 AMERICAN FLAT ROAD, VIRGINIA CITY NV 89440
Giron Juan Carlos Jr. officer: CFO and President 777 E. WISCONSIN AVENUE, MILWAUKEE WI 53202
Degasperis Corrado F officer: CEO, Pres., PFO, CRO C/O COMSTOCK MINING INC., 117 AMERICAN FLAT ROAD, VIRGINIA CITY NV 89440
Timothy Dwinell Smith officer: Chief Accounting Officer 1200 AMERICAN FLAT ROAD, VIRGINIA CITY NV 89440
John V Winfield director, 10 percent owner 11620 WILSHIRE BOULEVARD, SUITE 350, LOS ANGELES CA 90025

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