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Champion Iron (FRA:MMPI) Cyclically Adjusted PS Ratio : (As of May. 31, 2024)


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What is Champion Iron Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Champion Iron Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Champion Iron'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.

Champion Iron Cyclically Adjusted PS Ratio Chart

Champion Iron Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 2.73 2.66

Champion Iron 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 2.73 2.31 2.33 3.01 2.66

Competitive Comparison of Champion Iron's Cyclically Adjusted PS Ratio

For the Steel subindustry, Champion Iron'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.


Champion Iron's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Champion Iron's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Champion Iron 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.

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

For example, Champion Iron'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)
=0.427/127.6062*127.6062
=0.427

Current CPI (Mar. 2024) = 127.6062.

Champion Iron Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.000 98.352 0.000
201409 0.000 98.816 0.000
201412 0.000 99.002 0.000
201503 0.000 99.187 0.000
201506 0.000 99.838 0.000
201509 0.000 100.302 0.000
201512 0.000 100.673 0.000
201603 0.000 100.488 0.000
201606 0.000 100.859 0.000
201609 0.000 101.602 0.000
201612 0.000 102.159 0.000
201703 0.000 102.624 0.000
201706 0.000 102.809 0.000
201709 0.000 103.460 0.000
201712 0.000 104.110 0.000
201803 0.000 104.574 0.000
201806 0.216 104.945 0.263
201809 0.251 105.410 0.304
201812 0.218 105.967 0.263
201903 0.258 105.967 0.311
201906 0.382 106.617 0.457
201909 0.227 107.174 0.270
201912 0.247 107.917 0.292
202003 0.246 108.289 0.290
202006 0.327 106.246 0.393
202009 0.400 107.917 0.473
202012 0.424 108.846 0.497
202103 0.479 109.496 0.558
202106 0.706 110.332 0.817
202109 0.424 111.168 0.487
202112 0.336 112.654 0.381
202203 0.452 115.069 0.501
202206 0.391 117.112 0.426
202209 0.433 119.248 0.463
202212 0.463 121.477 0.486
202303 0.598 123.148 0.620
202306 0.392 124.170 0.403
202309 0.510 125.656 0.518
202312 0.656 126.399 0.662
202403 0.427 127.606 0.427

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.


Champion Iron  (FRA:MMPI) 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.


Champion Iron Cyclically Adjusted PS Ratio Related Terms

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


Champion Iron (FRA:MMPI) Business Description

Industry
Traded in Other Exchanges
Address
91 Evans Street, Level 1, Rozelle, Sydney, NSW, AUS, 2039
Champion Iron Ltd is engaged in the exploration and development of iron ore properties in Quebec, Canada. The company projects include Fire Lake North, Powderhorn/Gullbridge, Moire, Quinto Claims, Harvey Tuttle, O'keefe-Purdy, and others. Its segment includes Iron Ore Concentrate; Exploration and Evaluation and Corporate. The company generates maximum revenue from the Iron Ore Concentrate segment.

Champion Iron (FRA:MMPI) Headlines

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