GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Meridian Mining UK Societas (OTCPK:MRRDF) » Definitions » Cyclically Adjusted PS Ratio

Meridian Mining UK Societas (Meridian Mining UK Societas) Cyclically Adjusted PS Ratio : (As of Jun. 01, 2024)


View and export this data going back to 2016. Start your Free Trial

What is Meridian Mining UK Societas Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Meridian Mining UK Societas Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Meridian Mining UK Societas'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.

Meridian Mining UK Societas Cyclically Adjusted PS Ratio Chart

Meridian Mining UK Societas Annual Data
Trend Jan14 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 0.87 - - - -

Meridian Mining UK Societas 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 - - - - -

Competitive Comparison of Meridian Mining UK Societas's Cyclically Adjusted PS Ratio

For the Other Industrial Metals & Mining subindustry, Meridian Mining UK Societas'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.


Meridian Mining UK Societas's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

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

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



Meridian Mining UK Societas 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.

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

For example, Meridian Mining UK Societas'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)
=0/131.6000*131.6000
=0.000

Current CPI (Mar. 2024) = 131.6000.

Meridian Mining UK Societas Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 0.000 99.600 0.000
201407 0.000 99.600 0.000
201410 0.000 100.100 0.000
201503 0.000 99.600 0.000
201506 0.000 100.100 0.000
201509 0.000 100.200 0.000
201512 0.003 100.400 0.004
201603 0.004 100.400 0.005
201606 0.009 101.000 0.012
201609 0.007 101.500 0.009
201612 0.026 102.200 0.033
201703 0.022 102.700 0.028
201706 0.006 103.500 0.008
201709 0.009 104.300 0.011
201712 0.028 105.000 0.035
201803 0.030 105.100 0.038
201806 0.004 105.900 0.005
201809 0.005 106.600 0.006
201812 0.024 107.100 0.029
201903 0.006 107.000 0.007
201906 0.007 107.900 0.009
201909 0.011 108.400 0.013
201912 0.015 108.500 0.018
202003 0.001 108.600 0.001
202006 0.001 108.800 0.001
202009 0.000 109.200 0.000
202012 0.000 109.400 0.000
202103 0.000 109.700 0.000
202106 0.000 111.400 0.000
202109 0.000 112.400 0.000
202112 0.000 114.700 0.000
202203 0.000 116.500 0.000
202206 0.000 120.500 0.000
202209 0.000 122.300 0.000
202212 0.000 125.300 0.000
202303 0.000 126.800 0.000
202306 0.000 129.400 0.000
202309 0.000 130.100 0.000
202312 0.000 130.500 0.000
202403 0.000 131.600 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.


Meridian Mining UK Societas  (OTCPK:MRRDF) 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.


Meridian Mining UK Societas Cyclically Adjusted PS Ratio Related Terms

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


Meridian Mining UK Societas (Meridian Mining UK Societas) Business Description

Traded in Other Exchanges
Address
65 Gresham Street, 6th Floor, London, GBR, EC2V 7NQ
Meridian Mining UK Societas along with its subsidiaries engages in the acquisition, exploration, development, and mining activities in Brazil. It focuses on exploring and developing the Espigao manganese project, the Ariquemes tin JV area, and adjacent areas in the state of Rondonia. It also undertakes the Cabacal Project, Mato Grosso.