GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » GoGold Resources Inc (TSX:GGD) » Definitions » Cyclically Adjusted Revenue per Share

GoGold Resources (TSX:GGD) Cyclically Adjusted Revenue per Share : C$0.20 (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is GoGold Resources Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

GoGold Resources's adjusted revenue per share for the three months ended in Mar. 2024 was C$0.036. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is C$0.20 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of GoGold Resources was 10.10% per year. The lowest was 3.60% per year. And the median was 7.70% per year.

As of today (2024-06-08), GoGold Resources's current stock price is C$1.46. GoGold Resources's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$0.20. GoGold Resources's Cyclically Adjusted PS Ratio of today is 7.30.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of GoGold Resources was 18.35. The lowest was 1.33. And the median was 7.80.


GoGold Resources Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for GoGold Resources's Cyclically Adjusted Revenue per Share 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.

GoGold Resources Cyclically Adjusted Revenue per Share Chart

GoGold Resources Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.18 0.20 0.20 0.20

GoGold Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue per Share 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 0.20 0.20 0.20 0.20 0.20

Competitive Comparison of GoGold Resources's Cyclically Adjusted Revenue per Share

For the Other Precious Metals & Mining subindustry, GoGold Resources'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.


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

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

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



GoGold Resources Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, GoGold Resources'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)
=0.036/126.2576*126.2576
=0.036

Current CPI (Mar. 2024) = 126.2576.

GoGold Resources Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.000 99.473 0.000
201409 0.000 99.394 0.000
201412 0.000 98.367 0.000
201503 0.000 99.789 0.000
201506 0.055 100.500 0.069
201509 0.041 100.421 0.052
201512 0.025 99.947 0.032
201603 0.041 101.054 0.051
201606 0.047 102.002 0.058
201609 0.017 101.765 0.021
201612 0.029 101.449 0.036
201703 0.033 102.634 0.041
201706 0.036 103.029 0.044
201709 0.032 103.345 0.039
201712 0.043 103.345 0.053
201803 0.041 105.004 0.049
201806 0.048 105.557 0.057
201809 0.026 105.636 0.031
201812 0.030 105.399 0.036
201903 0.055 106.979 0.065
201906 0.049 107.690 0.057
201909 0.068 107.611 0.080
201912 0.064 107.769 0.075
202003 0.058 107.927 0.068
202006 0.047 108.401 0.055
202009 0.075 108.164 0.088
202012 0.066 108.559 0.077
202103 0.060 110.298 0.069
202106 0.064 111.720 0.072
202109 0.048 112.905 0.054
202112 0.039 113.774 0.043
202203 0.044 117.646 0.047
202206 0.043 120.806 0.045
202209 0.025 120.648 0.026
202212 0.039 120.964 0.041
202303 0.032 122.702 0.033
202306 0.034 124.203 0.035
202309 0.024 125.230 0.024
202312 0.027 125.072 0.027
202403 0.036 126.258 0.036

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


GoGold Resources  (TSX:GGD) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

GoGold Resources's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1.46/0.2
=7.30

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of GoGold Resources was 18.35. The lowest was 1.33. And the median was 7.80.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


GoGold Resources Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of GoGold Resources's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


GoGold Resources (TSX:GGD) Business Description

Industry
Traded in Other Exchanges
Address
2000 Barrington Street, Suite 1301, Cogswell Tower, Halifax, NS, CAN, B3J 3K1
GoGold Resources Inc is a Canadian-based company engaged in the business of exploration, development, and production of gold, copper and silver. It operates in two segments: Mexico, which accounts for the majority of revenue; and Canada. Its Mexico segment consists of the Parral project and the Los Ricos project and the Corporation's corporate offices as the Canadian segment.
Executives
John Stephen Morris Turner Director

GoGold Resources (TSX:GGD) Headlines

No Headlines