GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Newmont Corp (BUE:NEM) » Definitions » Cyclically Adjusted Revenue per Share

Newmont (BUE:NEM) Cyclically Adjusted Revenue per Share : ARS5,877.92 (As of Mar. 2024)


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

What is Newmont 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.

Newmont's adjusted revenue per share for the three months ended in Mar. 2024 was ARS2,939.616. 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 ARS5,877.92 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Newmont's average Cyclically Adjusted Revenue Growth Rate was -0.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -0.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -0.90% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 0.20% 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 Newmont was 9.40% per year. The lowest was -1.30% per year. And the median was 1.80% per year.

As of today (2024-06-09), Newmont's current stock price is ARS17291.50. Newmont's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ARS5,877.92. Newmont's Cyclically Adjusted PS Ratio of today is 2.94.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Newmont was 5.01. The lowest was 0.94. And the median was 2.20.


Newmont Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Newmont'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.

Newmont Cyclically Adjusted Revenue per Share Chart

Newmont Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,111.80 783.61 1,111.02 1,851.10 5,364.17

Newmont 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 2,270.08 2,857.22 4,594.86 5,364.17 5,877.92

Competitive Comparison of Newmont's Cyclically Adjusted Revenue per Share

For the Gold subindustry, Newmont'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.


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

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

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



Newmont 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, Newmont'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)
=2939.616/131.7762*131.7762
=2,939.616

Current CPI (Mar. 2024) = 131.7762.

Newmont Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 28.739 100.560 37.660
201409 29.399 100.428 38.576
201412 26.458 99.070 35.193
201503 34.785 99.621 46.013
201506 34.263 100.684 44.844
201509 27.675 100.392 36.327
201512 35.392 99.792 46.735
201603 40.209 100.470 52.738
201606 43.775 101.688 56.727
201609 50.124 101.861 64.845
201612 52.385 101.863 67.769
201703 48.883 102.862 62.624
201706 57.785 103.349 73.679
201709 61.430 104.136 77.735
201712 68.678 104.011 87.011
201803 68.431 105.290 85.646
201806 77.477 106.317 96.030
201809 118.720 106.507 146.887
201812 144.336 105.998 179.438
201903 131.984 107.251 162.166
201906 131.303 108.070 160.106
201909 184.583 108.329 224.534
201912 216.015 108.420 262.549
202003 198.023 108.902 239.618
202006 201.128 108.767 243.675
202009 291.986 109.815 350.379
202012 341.372 109.897 409.336
202103 322.581 111.754 380.374
202106 361.578 114.631 415.657
202109 353.841 115.734 402.887
202112 429.018 117.630 480.614
202203 408.798 121.301 444.101
202206 462.854 125.017 487.880
202209 460.370 125.227 484.449
202212 673.124 125.222 708.357
202303 665.706 127.348 688.855
202306 809.962 128.729 829.137
202309 1,096.012 129.860 1,112.189
202312 1,459.118 129.419 1,485.689
202403 2,939.616 131.776 2,939.616

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


Newmont  (BUE:NEM) 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.

Newmont's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=17291.50/5877.92
=2.94

* 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 Newmont was 5.01. The lowest was 0.94. And the median was 2.20.


Be Aware

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


Newmont Cyclically Adjusted Revenue per Share Related Terms

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


Newmont (BUE:NEM) Business Description

Industry
Address
6900 E Layton Avenue, Suite 700, Denver, CO, USA, 80237
Newmont is the world's largest gold miner. It bought Goldcorp in 2019, combined its Nevada mines in a joint venture with competitor Barrick later that year, and also purchased competitor Newcrest in November 2023. Its portfolio includes 17 wholly or majority owned mines and interests in two joint ventures in the Americas, Africa, Australia and Papua New Guinea. The company is expected to produce roughly 7.3 million ounces of gold in 2023 pro forma for Newcrest on an annualized basis. Newmont also produces material amounts of copper, silver, zinc, and lead as byproducts from its various gold mines. It had about two decades of gold reserves along with significant byproduct reserves after acquiring Newcrest.

Newmont (BUE:NEM) Headlines