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KGHM Polska Miedz (FRA:KGHA) Cyclically Adjusted PS Ratio : 0.89 (As of Jun. 08, 2024)


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What is KGHM Polska Miedz Cyclically Adjusted PS Ratio?

As of today (2024-06-08), KGHM Polska Miedz's current share price is €33.44. KGHM Polska Miedz's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €37.73. KGHM Polska Miedz's Cyclically Adjusted PS Ratio for today is 0.89.

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

FRA:KGHA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.46   Med: 0.87   Max: 1.8
Current: 0.93

During the past years, KGHM Polska Miedz's highest Cyclically Adjusted PS Ratio was 1.80. The lowest was 0.46. And the median was 0.87.

FRA:KGHA's Cyclically Adjusted PS Ratio is ranked better than
60.72% of 583 companies
in the Metals & Mining industry
Industry Median: 1.28 vs FRA:KGHA: 0.93

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.

KGHM Polska Miedz's adjusted revenue per share data for the three months ended in Mar. 2024 was €9.609. 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 €37.73 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


KGHM Polska Miedz Cyclically Adjusted PS Ratio Historical Data

The historical data trend for KGHM Polska Miedz'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.

KGHM Polska Miedz Cyclically Adjusted PS Ratio Chart

KGHM Polska Miedz 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 0.84 1.54 1.07 0.84 0.77

KGHM Polska Miedz 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 0.77 0.70 0.70 0.77 0.70

Competitive Comparison of KGHM Polska Miedz's Cyclically Adjusted PS Ratio

For the Copper subindustry, KGHM Polska Miedz'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.


KGHM Polska Miedz's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

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

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



KGHM Polska Miedz 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.

KGHM Polska Miedz's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=33.44/37.73
=0.89

* 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.

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

For example, KGHM Polska Miedz'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)
=9.609/149.0435*149.0435
=9.609

Current CPI (Mar. 2024) = 149.0435.

KGHM Polska Miedz Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.629 101.180 8.292
201409 5.995 100.611 8.881
201412 6.675 100.122 9.937
201503 5.467 100.041 8.145
201506 6.158 100.448 9.137
201509 5.547 99.634 8.298
201512 5.949 99.471 8.914
201603 4.521 98.983 6.808
201606 5.290 99.552 7.920
201609 5.414 99.064 8.145
201612 6.951 100.366 10.322
201703 5.675 101.018 8.373
201706 5.549 101.180 8.174
201709 5.517 101.343 8.114
201712 6.785 102.564 9.860
201803 4.930 102.564 7.164
201806 5.959 103.378 8.591
201809 6.199 103.378 8.937
201812 6.632 103.785 9.524
201903 6.342 104.274 9.065
201906 6.633 105.983 9.328
201909 6.519 105.983 9.168
201912 6.765 107.123 9.412
202003 6.124 109.076 8.368
202006 6.528 109.402 8.893
202009 6.508 109.320 8.873
202012 8.149 109.565 11.085
202103 7.795 112.658 10.313
202106 8.969 113.960 11.730
202109 8.354 115.588 10.772
202112 9.323 119.088 11.668
202203 10.392 125.031 12.388
202206 10.323 131.705 11.682
202209 8.979 135.531 9.874
202212 9.419 139.113 10.091
202303 11.077 145.950 11.312
202306 9.444 147.009 9.575
202309 9.119 146.113 9.302
202312 9.036 147.741 9.116
202403 9.609 149.044 9.609

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.


KGHM Polska Miedz  (FRA:KGHA) 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.


KGHM Polska Miedz Cyclically Adjusted PS Ratio Related Terms

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


KGHM Polska Miedz (FRA:KGHA) Business Description

Traded in Other Exchanges
Address
48 M.Sklodowskiej-Curie Street, Lubin, POL, 59-301
KGHM Polska Miedz SA engages in copper ore mining and copper production primarily in South-Western Poland. The company also produces precious metals such as silver, which is typically used for coins, jewellery, photography products and industrial purposes. The bulk of group revenue is generated through copper sales, and the remainder is primarily through sales of silver, while a minor portion is generated through the production of gold, salt and casting of light metals. The materials are sold domestically, and exported to Germany, China, the U.S., the United Kingdom and the Czech Republic, among many other European nations. KGHM Polska Miedz SA is also involved in construction and engineering, through its wholly owned subsidiary Bipromet SA.

KGHM Polska Miedz (FRA:KGHA) Headlines

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