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Nickel Asia (PHS:NIKL) Cyclically Adjusted PS Ratio : 2.37 (As of Jun. 06, 2024)


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What is Nickel Asia Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Nickel Asia's current share price is ₱4.00. Nickel Asia's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₱1.69. Nickel Asia's Cyclically Adjusted PS Ratio for today is 2.37.

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

PHS:NIKL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.28   Med: 3.93   Max: 6.1
Current: 2.4

During the past years, Nickel Asia's highest Cyclically Adjusted PS Ratio was 6.10. The lowest was 2.28. And the median was 3.93.

PHS:NIKL's Cyclically Adjusted PS Ratio is ranked worse than
67.92% of 583 companies
in the Metals & Mining industry
Industry Median: 1.26 vs PHS:NIKL: 2.40

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.

Nickel Asia's adjusted revenue per share data for the three months ended in Mar. 2024 was ₱0.185. 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 ₱1.69 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nickel Asia Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Nickel Asia'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.

Nickel Asia Cyclically Adjusted PS Ratio Chart

Nickel Asia 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 - 4.64 3.92 3.79 3.30

Nickel Asia 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 4.27 3.69 3.70 3.30 2.37

Competitive Comparison of Nickel Asia's Cyclically Adjusted PS Ratio

For the Other Industrial Metals & Mining subindustry, Nickel Asia'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.


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

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

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



Nickel Asia 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.

Nickel Asia's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.00/1.69
=2.37

* 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.

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

For example, Nickel Asia'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)
=0.185/131.7762*131.7762
=0.185

Current CPI (Mar. 2024) = 131.7762.

Nickel Asia Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.517 100.560 0.677
201409 0.756 100.428 0.992
201412 0.258 99.070 0.343
201503 0.224 99.621 0.296
201506 0.336 100.684 0.440
201509 0.339 100.392 0.445
201512 0.166 99.792 0.219
201603 0.122 100.470 0.160
201606 0.241 101.688 0.312
201609 0.353 101.861 0.457
201612 0.253 101.863 0.327
201703 0.179 102.862 0.229
201706 0.360 103.349 0.459
201709 0.318 104.136 0.402
201712 0.222 104.011 0.281
201803 0.153 105.290 0.191
201806 0.353 106.317 0.438
201809 0.486 106.507 0.601
201812 0.286 105.998 0.356
201903 0.139 107.251 0.171
201906 0.355 108.070 0.433
201909 0.401 108.329 0.488
201912 0.300 108.420 0.365
202003 0.156 108.902 0.189
202006 0.326 108.767 0.395
202009 0.551 109.815 0.661
202012 0.469 109.897 0.562
202103 0.224 111.754 0.264
202106 0.527 114.631 0.606
202109 0.647 115.734 0.737
202112 0.450 117.630 0.504
202203 0.261 121.301 0.284
202206 0.528 125.017 0.557
202209 0.653 125.227 0.687
202212 0.460 125.222 0.484
202303 0.286 127.348 0.296
202306 0.490 128.729 0.502
202309 0.523 129.860 0.531
202312 0.376 129.419 0.383
202403 0.185 131.776 0.185

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.


Nickel Asia  (PHS:NIKL) 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.


Nickel Asia Cyclically Adjusted PS Ratio Related Terms

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


Nickel Asia (PHS:NIKL) Business Description

Traded in Other Exchanges
Address
32nd Street, Bonifacio Global City, 28th Floor NAC Tower, Taguig, PHL, 1634
Nickel Asia Corp is a nickel ore mining company engaged in operating five mines; the Rio Tuba mine, the Taganito mine, the Tagana-an mine, the Cagdianao mine, and the Dinapigue mine. It produces saprolite (nickel ore with an iron content of less than 20%) and limonite (nickel ore with an iron content greater than 20%) ore. The company has three operating segments; The mining segment which accounts for a majority of the company's revenue includes the mining and exploration of nickel saprolite and limonite ore, limestone, and quarry materials, The services segment includes chartering out of LCT, construction and rendering of services to CBNC, THNC, and other parties and leasing of aircraft to WAISC, and The power segment is into power generation and exploration for geothermal resources.

Nickel Asia (PHS:NIKL) Headlines