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SSR Mining (SSR Mining) Cyclically Adjusted PS Ratio : 0.90 (As of Jun. 08, 2024)


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What is SSR Mining Cyclically Adjusted PS Ratio?

As of today (2024-06-08), SSR Mining's current share price is $5.01. SSR Mining's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $5.56. SSR Mining's Cyclically Adjusted PS Ratio for today is 0.90.

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

SSRM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.74   Med: 3.6   Max: 7.13
Current: 0.92

During the past years, SSR Mining's highest Cyclically Adjusted PS Ratio was 7.13. The lowest was 0.74. And the median was 3.60.

SSRM's Cyclically Adjusted PS Ratio is ranked better than
59.52% of 583 companies
in the Metals & Mining industry
Industry Median: 1.28 vs SSRM: 0.92

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.

SSR Mining's adjusted revenue per share data for the three months ended in Mar. 2024 was $1.138. 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 $5.56 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SSR Mining Cyclically Adjusted PS Ratio Historical Data

The historical data trend for SSR 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.

SSR Mining Cyclically Adjusted PS Ratio Chart

SSR 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 5.89 5.29 3.88 3.29 1.95

SSR 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 3.06 2.73 2.53 1.95 0.80

Competitive Comparison of SSR Mining's Cyclically Adjusted PS Ratio

For the Gold subindustry, SSR 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.


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

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

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



SSR 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.01/5.56
=0.90

* 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.

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

For example, SSR 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)
=1.138/131.7762*131.7762
=1.138

Current CPI (Mar. 2024) = 131.7762.

SSR Mining Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.796 100.560 1.043
201409 0.982 100.428 1.289
201412 1.521 99.070 2.023
201503 1.187 99.621 1.570
201506 1.187 100.684 1.554
201509 0.956 100.392 1.255
201512 1.121 99.792 1.480
201603 1.252 100.470 1.642
201606 1.252 101.688 1.622
201609 1.067 101.861 1.380
201612 1.053 101.863 1.362
201703 0.976 102.862 1.250
201706 0.873 103.349 1.113
201709 0.879 104.136 1.112
201712 0.894 104.011 1.133
201803 0.817 105.290 1.023
201806 0.860 106.317 1.066
201809 0.951 106.507 1.177
201812 0.844 105.998 1.049
201903 1.035 107.251 1.272
201906 1.272 108.070 1.551
201909 1.204 108.329 1.465
201912 1.012 108.420 1.230
202003 1.321 108.902 1.598
202006 0.750 108.767 0.909
202009 1.486 109.815 1.783
202012 1.685 109.897 2.020
202103 1.579 111.754 1.862
202106 1.629 114.631 1.873
202109 1.430 115.734 1.628
202112 1.821 117.630 2.040
202203 1.582 121.301 1.719
202206 1.420 125.017 1.497
202209 0.801 125.227 0.843
202212 1.397 125.222 1.470
202303 1.434 127.348 1.484
202306 1.385 128.729 1.418
202309 1.890 129.860 1.918
202312 2.092 129.419 2.130
202403 1.138 131.776 1.138

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.


SSR Mining  (NAS:SSRM) 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.


SSR Mining Cyclically Adjusted PS Ratio Related Terms

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


SSR Mining (SSR Mining) Business Description

Address
6900 E. Layton Avenue, Suite 1300, Denver, CO, USA, 80237
SSR Mining Inc is a minerals company focused on mining precious metals in the Americas. More than half of Silver Standard's revenue is attributable to the production of gold, with a significant portion derived from silver production. The company owns and operates the Marigold mine in Nevada, United States; the Seabee Gold Operation in Saskatchewan, Canada; and the Puna mine in Argentina. The majority of gold production is derived from the Marigold mine, and Silver Standard's silver production is principally derived from the Puna mine.
Executives
Arthur Michael Anglin director 20 EL CAMINO REAL, BERKELEY CA 94705
Alison Lynn White officer: Chief Financial Officer 6900 E LAYTON AVE, SUITE 1300, DENVER CO 80237
John Ebbett other: EVP, Growth and Innovation 6900 E. LAYTON AVE. SUITE 1300, DENVER CO 80237
Farid Fady Adel Edward officer: Chief Corp Development Officer 100 KING STREET WEST, STE 5600, TORONTO A6 M5X 1C9
Russell Farnsworth officer: Chief Accounting Officer 6900 E LAYTON AVE, SUITE 1300, DENVER CO 80237
Michael John Sparks officer: Chief Legal & Admin Officer 6900 E LAYTON AVE, SUITE 1300, DENVER CO 80237
Karen A Swager director C/O THE MOSAIC COMPANY, 101 EAST KENNEDY BLVD., SUITE 1200, TAMPA FL 33602
Rodney Antal director, officer: President & CEO 6900 E LAYTON AVE, SUITE 1300, DENVER CO 80237
William K. Macnevin other: EVP, Ops & Sustainability 6900 E LAYTON AVE, SUITE 1300, DENVER CO 80237
Steward John Beckman officer: Chief Operating Officer 6900 E LAYTON AVE, SUITE 1300, DENVER CO 80237
Leigh Ann Fisher director 3930 JACKSON BEND DRIVE, LOUISVILLE TN 37777
Bates Thomas R Jr director TETRA TECHNOLOGIES, INC., 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380
Alan Krusi director AECOM, 555 SOUTH FLOWER ST. 37TH FLOOR, LOS ANGELES CA 90071
Edward C Dowling director 19 NEDS POINT ROAD, MATTAPOISETT MA 02739
Brian R Booth director 4957 EDENDALE COURT, WEST VANCOUVER A1 V7W 3H7

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