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Caledonia Mining (Caledonia Mining) Cyclically Adjusted PS Ratio : 1.21 (As of Jun. 02, 2024)


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What is Caledonia Mining Cyclically Adjusted PS Ratio?

As of today (2024-06-02), Caledonia Mining's current share price is $10.45. Caledonia Mining's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $8.64. Caledonia Mining's Cyclically Adjusted PS Ratio for today is 1.21.

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

CMCL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.41   Max: 4.31
Current: 1.21

During the past years, Caledonia Mining's highest Cyclically Adjusted PS Ratio was 4.31. The lowest was 0.70. And the median was 1.41.

CMCL's Cyclically Adjusted PS Ratio is ranked better than
52.06% of 582 companies
in the Metals & Mining industry
Industry Median: 1.34 vs CMCL: 1.21

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.

Caledonia Mining's adjusted revenue per share data for the three months ended in Mar. 2024 was $2.007. 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 $8.64 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Caledonia Mining Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Caledonia 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.

Caledonia Mining Cyclically Adjusted PS Ratio Chart

Caledonia Mining 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 1.38 2.35 1.54 1.51 1.44

Caledonia 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 1.83 1.39 1.17 1.44 1.28

Competitive Comparison of Caledonia Mining's Cyclically Adjusted PS Ratio

For the Gold subindustry, Caledonia 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.


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

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

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



Caledonia 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.45/8.64
=1.21

* 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.

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

For example, Caledonia 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)
=2.007/131.7762*131.7762
=2.007

Current CPI (Mar. 2024) = 131.7762.

Caledonia Mining Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.347 100.560 1.765
201409 1.196 100.428 1.569
201412 1.110 99.070 1.476
201503 1.183 99.621 1.565
201506 0.918 100.684 1.201
201509 1.194 100.392 1.567
201512 1.232 99.792 1.627
201603 1.236 100.470 1.621
201606 1.448 101.688 1.876
201609 1.696 101.861 2.194
201612 1.435 101.863 1.856
201703 1.548 102.862 1.983
201706 1.339 103.349 1.707
201709 1.694 104.136 2.144
201712 1.942 104.011 2.460
201803 1.660 105.290 2.078
201806 1.493 106.317 1.851
201809 1.497 106.507 1.852
201812 1.740 105.998 2.163
201903 1.521 107.251 1.869
201906 1.496 108.070 1.824
201909 1.794 108.329 2.182
201912 2.352 108.420 2.859
202003 2.034 108.902 2.461
202006 1.919 108.767 2.325
202009 2.117 109.815 2.540
202012 2.500 109.897 2.998
202103 2.092 111.754 2.467
202106 2.337 114.631 2.687
202109 2.751 115.734 3.132
202112 2.744 117.630 3.074
202203 2.633 121.301 2.860
202206 2.861 125.017 3.016
202209 2.793 125.227 2.939
202212 2.663 125.222 2.802
202303 1.557 127.348 1.611
202306 1.930 128.729 1.976
202309 2.146 129.860 2.178
202312 2.015 129.419 2.052
202403 2.007 131.776 2.007

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.


Caledonia Mining  (AMEX:CMCL) 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.


Caledonia Mining Cyclically Adjusted PS Ratio Related Terms

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


Caledonia Mining (Caledonia Mining) Business Description

Traded in Other Exchanges
Address
B006 Millais House, Castle Quay, Saint Helier, JEY, JE2 3NF
Caledonia Mining Corp PLC is a gold exploration, development, and mining company. The company's geographical segment includes Zimbabwe and South Africa. Its operations are into Blanket Gold Mine located in the south-west of Zimbabwe. The majority of revenue is generated from the Zimbabwe segment.