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Osisko Gold Royalties (TSX:OR) Cyclically Adjusted PS Ratio : 13.40 (As of May. 19, 2024)


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What is Osisko Gold Royalties Cyclically Adjusted PS Ratio?

As of today (2024-05-19), Osisko Gold Royalties's current share price is C$22.65. Osisko Gold Royalties's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$1.69. Osisko Gold Royalties's Cyclically Adjusted PS Ratio for today is 13.40.

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

TSX:OR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 9.44   Med: 11.59   Max: 13.95
Current: 13.38

During the past years, Osisko Gold Royalties's highest Cyclically Adjusted PS Ratio was 13.95. The lowest was 9.44. And the median was 11.59.

TSX:OR's Cyclically Adjusted PS Ratio is ranked worse than
93.86% of 586 companies
in the Metals & Mining industry
Industry Median: 1.32 vs TSX:OR: 13.38

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.

Osisko Gold Royalties's adjusted revenue per share data for the three months ended in Mar. 2024 was C$0.325. 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$1.69 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Osisko Gold Royalties Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Osisko Gold Royalties'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.

Osisko Gold Royalties Cyclically Adjusted PS Ratio Chart

Osisko Gold Royalties 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 - - - - 11.21

Osisko Gold Royalties 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 12.69 12.03 9.40 11.21 13.13

Competitive Comparison of Osisko Gold Royalties's Cyclically Adjusted PS Ratio

For the Gold subindustry, Osisko Gold Royalties'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.


Osisko Gold Royalties's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

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

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



Osisko Gold Royalties 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.

Osisko Gold Royalties's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=22.65/1.69
=13.40

* 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.

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

For example, Osisko Gold Royalties'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)
=0.325/126.2576*126.2576
=0.325

Current CPI (Mar. 2024) = 126.2576.

Osisko Gold Royalties Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.000 99.473 0.000
201409 0.200 99.394 0.254
201412 0.157 98.367 0.202
201503 0.148 99.789 0.187
201506 0.107 100.500 0.134
201509 0.124 100.421 0.156
201512 0.136 99.947 0.172
201603 0.157 101.054 0.196
201606 0.148 102.002 0.183
201609 0.165 101.765 0.205
201612 0.129 101.449 0.161
201703 0.161 102.634 0.198
201706 0.172 103.029 0.211
201709 0.484 103.345 0.591
201712 0.695 103.345 0.849
201803 0.797 105.004 0.958
201806 0.882 105.557 1.055
201809 0.715 105.636 0.855
201812 0.738 105.399 0.884
201903 0.650 106.979 0.767
201906 0.849 107.690 0.995
201909 0.756 107.611 0.887
201912 0.339 107.769 0.397
202003 0.339 107.927 0.397
202006 0.247 108.401 0.288
202009 0.335 108.164 0.391
202012 0.397 108.559 0.462
202103 0.403 110.298 0.461
202106 0.345 111.720 0.390
202109 0.297 112.905 0.332
202112 0.303 113.774 0.336
202203 0.303 117.646 0.325
202206 0.278 120.806 0.291
202209 0.290 120.648 0.303
202212 0.335 120.964 0.350
202303 0.321 122.702 0.330
202306 0.326 124.203 0.331
202309 0.335 125.230 0.338
202312 0.351 125.072 0.354
202403 0.325 126.258 0.325

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.


Osisko Gold Royalties  (TSX:OR) 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.


Osisko Gold Royalties Cyclically Adjusted PS Ratio Related Terms

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


Osisko Gold Royalties (TSX:OR) Business Description

Traded in Other Exchanges
Address
1100, Avenue des Canadiens-de-Montreal, Suite 300, P.O. Box 211, Montreal, QC, CAN, H3B 2S2
Osisko Gold Royalties Ltd is engaged in the business of acquiring and managing precious metal and other high-quality royalties, streams and similar interests. The Company owns a portfolio of royalties, streams, offtakes, options on royalty/stream financings and exclusive rights to participate in future royalty/stream financings on various projects. The company organizes and manages the business under two operating segments: (i) acquiring and managing precious metals and other royalties, streams and other interests, and (ii) the exploration, evaluation and development of mining projects.
Executives
Guy Desharnais Senior Officer