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Anglogold Ashanti (Anglogold Ashanti) Cyclically Adjusted PS Ratio : 1.18 (As of Apr. 27, 2024)


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What is Anglogold Ashanti Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Anglogold Ashanti's current share price is $15.045. Anglogold Ashanti's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec22 was $12.70. Anglogold Ashanti's Cyclically Adjusted PS Ratio for today is 1.18.

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

AU' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.49   Med: 1.25   Max: 2.77
Current: 1.92

During the past 13 years, Anglogold Ashanti's highest Cyclically Adjusted PS Ratio was 2.77. The lowest was 0.49. And the median was 1.25.

AU's Cyclically Adjusted PS Ratio is ranked worse than
60.79% of 584 companies
in the Metals & Mining industry
Industry Median: 1.32 vs AU: 1.92

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.

Anglogold Ashanti's adjusted revenue per share data of for the fiscal year that ended in Dec22 was $10.760. 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 $12.70 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Anglogold Ashanti Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Anglogold Ashanti'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.

Anglogold Ashanti Cyclically Adjusted PS Ratio Chart

Anglogold Ashanti Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.95 1.78 1.85 1.76 1.67

Anglogold Ashanti Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 - 1.76 - 1.67 -

Competitive Comparison of Anglogold Ashanti's Cyclically Adjusted PS Ratio

For the Gold subindustry, Anglogold Ashanti'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.


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

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

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



Anglogold Ashanti 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.

Anglogold Ashanti's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.045/12.7
=1.18

* 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.

Anglogold Ashanti's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Anglogold Ashanti's adjusted Revenue per Share data for the fiscal year that ended in Dec22 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=10.76/125.2218*125.2218
=10.760

Current CPI (Dec22) = 125.2218.

Anglogold Ashanti Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201312 12.753 98.326 16.241
201412 12.145 99.070 15.351
201512 9.802 99.792 12.300
201612 10.183 101.863 12.518
201712 8.170 104.011 9.836
201812 7.993 105.998 9.443
201912 8.426 108.420 9.732
202012 10.954 109.897 12.482
202112 9.592 117.630 10.211
202212 10.760 125.222 10.760

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.


Anglogold Ashanti  (NYSE:AU) 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.


Anglogold Ashanti Cyclically Adjusted PS Ratio Related Terms

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Anglogold Ashanti (Anglogold Ashanti) Business Description

Traded in Other Exchanges
Address
112 Oxford Road, Houghton Estate, Johannesburg, GT, ZAF, 2198
Anglogold Ashanti PLC is one of the gold miners. The company also produces silver and sulphuric acid as by-products. Its operating divisions are Africa, Australia, and the Americas. The firm generates a majority of its revenue from Africa which includes Ghana, Guinea, Mali, the Democratic Republic of the Congo, and Tanzania.

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