GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » K92 Mining Inc (TSX:KNT) » Definitions » Cyclically Adjusted PS Ratio

K92 Mining (TSX:KNT) Cyclically Adjusted PS Ratio : 7.89 (As of May. 23, 2024)


View and export this data going back to 2011. Start your Free Trial

What is K92 Mining Cyclically Adjusted PS Ratio?

As of today (2024-05-23), K92 Mining's current share price is C$7.42. K92 Mining's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$0.94. K92 Mining's Cyclically Adjusted PS Ratio for today is 7.89.

The historical rank and industry rank for K92 Mining's Cyclically Adjusted PS Ratio or its related term are showing as below:

TSX:KNT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.4   Med: 9.45   Max: 13.56
Current: 8.17

During the past years, K92 Mining's highest Cyclically Adjusted PS Ratio was 13.56. The lowest was 5.40. And the median was 9.45.

TSX:KNT's Cyclically Adjusted PS Ratio is ranked worse than
90.05% of 583 companies
in the Metals & Mining industry
Industry Median: 1.36 vs TSX:KNT: 8.17

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.

K92 Mining's adjusted revenue per share data for the three months ended in Mar. 2024 was C$0.337. 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 C$0.94 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


K92 Mining Cyclically Adjusted PS Ratio Historical Data

The historical data trend for K92 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.

K92 Mining Cyclically Adjusted PS Ratio Chart

K92 Mining Annual Data
Trend Aug14 Aug15 Aug16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 11.64 9.84 9.19 7.16

K92 Mining 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 9.03 6.58 6.59 7.16 6.74

Competitive Comparison of K92 Mining's Cyclically Adjusted PS Ratio

For the Gold subindustry, K92 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.


K92 Mining's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, K92 Mining's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where K92 Mining's Cyclically Adjusted PS Ratio falls into.



K92 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.

K92 Mining's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.42/0.94
=7.89

* 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.

K92 Mining's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, K92 Mining'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)
=0.337/126.2576*126.2576
=0.337

Current CPI (Mar. 2024) = 126.2576.

K92 Mining Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201402 0.000 98.051 0.000
201405 0.000 99.394 0.000
201408 0.000 99.315 0.000
201411 0.000 99.078 0.000
201502 0.000 99.078 0.000
201505 0.000 100.263 0.000
201508 0.000 100.579 0.000
201511 0.000 100.421 0.000
201602 0.000 100.421 0.000
201605 0.000 101.765 0.000
201608 0.000 101.686 0.000
201703 0.000 102.634 0.000
201706 0.000 103.029 0.000
201709 0.000 103.345 0.000
201712 0.000 103.345 0.000
201803 0.060 105.004 0.072
201806 0.094 105.557 0.112
201809 0.068 105.636 0.081
201812 0.129 105.399 0.155
201903 0.167 106.979 0.197
201906 0.149 107.690 0.175
201909 0.134 107.611 0.157
201912 0.204 107.769 0.239
202003 0.172 107.927 0.201
202006 0.288 108.401 0.335
202009 0.209 108.164 0.244
202012 0.269 108.559 0.313
202103 0.162 110.298 0.185
202106 0.190 111.720 0.215
202109 0.196 112.905 0.219
202112 0.309 113.774 0.343
202203 0.288 117.646 0.309
202206 0.206 120.806 0.215
202209 0.205 120.648 0.215
202212 0.359 120.964 0.375
202303 0.231 122.702 0.238
202306 0.288 124.203 0.293
202309 0.189 125.230 0.191
202312 0.426 125.072 0.430
202403 0.337 126.258 0.337

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.


K92 Mining  (TSX:KNT) 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.


K92 Mining Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of K92 Mining's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


K92 Mining (TSX:KNT) Business Description

Traded in Other Exchanges
Address
1090 West Georgia Street, Suite 488, Vancouver, BC, CAN, V6E 3V7
K92 Mining Inc is engaged in the exploration, development and mining of mineral deposits in Papua New Guinea, specifically the Kainantu Project.
Executives
Nancy Carol La Couvee Senior Officer
Saurabh Handa Director
John Lewins Director
David Gregory Medilek Senior Officer

K92 Mining (TSX:KNT) Headlines

No Headlines