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Kinross Gold (XTER:KIN2) Cyclically Adjusted PS Ratio : 2.54 (As of May. 26, 2024)


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What is Kinross Gold Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Kinross Gold's current share price is €7.338. Kinross Gold's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €2.89. Kinross Gold's Cyclically Adjusted PS Ratio for today is 2.54.

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

XTER:KIN2' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.58   Med: 1.47   Max: 3.44
Current: 2.6

During the past years, Kinross Gold's highest Cyclically Adjusted PS Ratio was 3.44. The lowest was 0.58. And the median was 1.47.

XTER:KIN2's Cyclically Adjusted PS Ratio is ranked worse than
69.47% of 583 companies
in the Metals & Mining industry
Industry Median: 1.34 vs XTER:KIN2: 2.60

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.

Kinross Gold's adjusted revenue per share data for the three months ended in Mar. 2024 was €0.810. 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 €2.89 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kinross Gold Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kinross Gold'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.

Kinross Gold Cyclically Adjusted PS Ratio Chart

Kinross Gold 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 1.61 2.43 1.88 1.37 1.91

Kinross Gold 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 1.56 1.53 1.48 1.91 1.96

Competitive Comparison of Kinross Gold's Cyclically Adjusted PS Ratio

For the Gold subindustry, Kinross Gold'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.


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

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

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



Kinross Gold 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.338/2.89
=2.54

* 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.

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

For example, Kinross Gold'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)
=0.81/126.2576*126.2576
=0.810

Current CPI (Mar. 2024) = 126.2576.

Kinross Gold Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.582 99.473 0.739
201409 0.641 99.394 0.814
201412 0.561 98.367 0.720
201503 0.631 99.789 0.798
201506 0.587 100.500 0.737
201509 0.629 100.421 0.791
201512 0.566 99.947 0.715
201603 0.594 101.054 0.742
201606 0.627 102.002 0.776
201609 0.645 101.765 0.800
201612 0.687 101.449 0.855
201703 0.593 102.634 0.729
201706 0.615 103.029 0.754
201709 0.553 103.345 0.676
201712 0.544 103.345 0.665
201803 0.578 105.004 0.695
201806 0.527 105.557 0.630
201809 0.517 105.636 0.618
201812 0.553 105.399 0.662
201903 0.553 106.979 0.653
201906 0.588 107.690 0.689
201909 0.630 107.611 0.739
201912 0.709 107.769 0.831
202003 0.629 107.927 0.736
202006 0.705 108.401 0.821
202009 0.757 108.164 0.884
202012 0.774 108.559 0.900
202103 0.509 110.298 0.583
202106 0.463 111.720 0.523
202109 0.393 112.905 0.439
202112 0.434 113.774 0.482
202203 0.503 117.646 0.540
202206 0.598 120.806 0.625
202209 0.659 120.648 0.690
202212 0.801 120.964 0.836
202303 0.702 122.702 0.722
202306 0.814 124.203 0.827
202309 0.834 125.230 0.841
202312 0.828 125.072 0.836
202403 0.810 126.258 0.810

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.


Kinross Gold  (XTER:KIN2) 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.


Kinross Gold Cyclically Adjusted PS Ratio Related Terms

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


Kinross Gold (XTER:KIN2) Business Description

Address
25 York Street, 17th Floor, Toronto, ON, CAN, M5J 2V5
Kinross Gold is a Canada-based gold producer, producing roughly 2 million gold equivalent ounces in 2022. The company had about a decade of gold reserves at the end of 2022. It operates mines in the Americas and West Africa after selling its low-cost Russian operations in 2022 in response to the invasion of Ukraine. The company has historically used acquisitions to fuel expansion into new regions and production growth. In 2022, Kinross purchased the Great Bear project in Canada, which, if developed, could produce an average of more than 500,000 ounces of gold per year for at least a decade.

Kinross Gold (XTER:KIN2) Headlines

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