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MMX Mineracao E Metalicos (MMX Mineracao E Metalicos) Cyclically Adjusted PS Ratio : (As of May. 23, 2024)


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What is MMX Mineracao E Metalicos Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


MMX Mineracao E Metalicos Cyclically Adjusted PS Ratio Historical Data

The historical data trend for MMX Mineracao E Metalicos'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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MMX Mineracao E Metalicos Cyclically Adjusted PS Ratio Chart

MMX Mineracao E Metalicos Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted PS Ratio
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MMX Mineracao E Metalicos Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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Competitive Comparison of MMX Mineracao E Metalicos's Cyclically Adjusted PS Ratio

For the Other Industrial Metals & Mining subindustry, MMX Mineracao E Metalicos'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.


MMX Mineracao E Metalicos's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where MMX Mineracao E Metalicos's Cyclically Adjusted PS Ratio falls into.



MMX Mineracao E Metalicos 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.

MMX Mineracao E Metalicos's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2021 is calculated as:

For example, MMX Mineracao E Metalicos's adjusted Revenue per Share data for the three months ended in Mar. 2021 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2021 (Change)*Current CPI (Mar. 2021)
=0/131.6604*131.6604
=0.000

Current CPI (Mar. 2021) = 131.6604.

MMX Mineracao E Metalicos Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201106 0.311 77.018 0.532
201109 0.252 77.837 0.426
201112 0.244 78.971 0.407
201203 0.143 79.938 0.236
201206 24.038 80.803 39.167
201209 0.195 81.948 0.313
201212 0.152 83.581 0.239
201303 0.170 85.205 0.263
201306 0.807 86.214 1.232
201309 0.169 86.749 0.256
201312 11.865 88.522 17.647
201403 0.293 90.447 0.427
201406 0.372 91.838 0.533
201409 0.220 92.602 0.313
201412 0.000 94.194 0.000
201503 0.000 97.799 0.000
201506 0.000 100.006 0.000
201509 0.000 101.392 0.000
201512 0.013 104.247 0.016
201603 0.000 106.979 0.000
201606 0.000 108.851 0.000
201609 0.000 109.986 0.000
201612 0.125 110.802 0.149
201703 0.000 111.869 0.000
201706 0.000 112.115 0.000
201709 0.008 112.777 0.009
201712 0.014 114.068 0.016
201803 0.009 114.868 0.010
201806 -0.001 117.038 -0.001
201809 0.063 117.881 0.070
201812 0.033 118.340 0.037
201903 0.040 120.124 0.044
201906 0.010 120.977 0.011
201909 0.000 121.292 0.000
201912 0.000 123.436 0.000
202003 0.008 124.092 0.008
202006 0.000 123.557 0.000
202009 0.000 125.095 0.000
202012 0.000 129.012 0.000
202103 0.000 131.660 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.


MMX Mineracao E Metalicos  (GREY:MMXXF) 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.


MMX Mineracao E Metalicos Cyclically Adjusted PS Ratio Related Terms

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MMX Mineracao E Metalicos (MMX Mineracao E Metalicos) Business Description

Traded in Other Exchanges
N/A
Address
Rua Lauro Muller, 116 sala 1808, Botafogo Rio de Janeiro, Rio de Janeiro, RJ, BRA, 22290-160
MMX Mineracao E Metalicos SA (MMX) is a Brazil-based company engaged in iron ore mining. The company has installed capacity to produce about 7 million metric tons of iron ore per year in its two systems, namely The Southeast System and the Corumba System. The Southeast System is formed by the Serra Azul and Bom Sucesso Units. It exploits the Tico-Tico and Ipe mines, located in the Serra Azul Region-in the iron mining area of Minas Gerais State. The company has also acquired the mining rights for the Pau de Vinho Mine. The iron ore produced by the Serra Azul Unit is sold to customers in Brazil and other countries.

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