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Hudbay Minerals (FRA:OCKA) Cyclically Adjusted PS Ratio : 1.85 (As of May. 17, 2024)


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What is Hudbay Minerals Cyclically Adjusted PS Ratio?

As of today (2024-05-17), Hudbay Minerals's current share price is €9.104. Hudbay Minerals's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €4.91. Hudbay Minerals's Cyclically Adjusted PS Ratio for today is 1.85.

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

FRA:OCKA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.36   Med: 1.25   Max: 2.25
Current: 1.79

During the past years, Hudbay Minerals's highest Cyclically Adjusted PS Ratio was 2.25. The lowest was 0.36. And the median was 1.25.

FRA:OCKA's Cyclically Adjusted PS Ratio is ranked worse than
59.97% of 587 companies
in the Metals & Mining industry
Industry Median: 1.34 vs FRA:OCKA: 1.79

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.

Hudbay Minerals's adjusted revenue per share data for the three months ended in Mar. 2024 was €1.376. 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 €4.91 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hudbay Minerals Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Hudbay Minerals'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.

Hudbay Minerals Cyclically Adjusted PS Ratio Chart

Hudbay Minerals 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 0.95 1.58 1.53 1.04 1.02

Hudbay Minerals 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 1.05 0.92 0.94 1.02 1.29

Competitive Comparison of Hudbay Minerals's Cyclically Adjusted PS Ratio

For the Copper subindustry, Hudbay Minerals'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.


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

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

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



Hudbay Minerals 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.

Hudbay Minerals's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.104/4.91
=1.85

* 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.

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

For example, Hudbay Minerals'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)
=1.376/126.2576*126.2576
=1.376

Current CPI (Mar. 2024) = 126.2576.

Hudbay Minerals Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.497 99.473 0.631
201409 0.590 99.394 0.749
201412 0.389 98.367 0.499
201503 0.509 99.789 0.644
201506 0.573 100.500 0.720
201509 1.022 100.421 1.285
201512 1.314 99.947 1.660
201603 0.968 101.054 1.209
201606 0.934 102.002 1.156
201609 1.175 101.765 1.458
201612 1.273 101.449 1.584
201703 1.032 102.634 1.270
201706 1.260 103.029 1.544
201709 1.340 103.345 1.637
201712 1.372 103.345 1.676
201803 1.200 105.004 1.443
201806 1.216 105.557 1.454
201809 1.190 105.636 1.422
201812 1.183 105.399 1.417
201903 0.990 106.979 1.168
201906 1.116 107.690 1.308
201909 1.012 107.611 1.187
201912 1.118 107.769 1.310
202003 0.849 107.927 0.993
202006 0.710 108.401 0.827
202009 1.027 108.164 1.199
202012 1.014 108.559 1.179
202103 1.008 110.298 1.154
202106 1.283 111.720 1.450
202109 1.167 112.905 1.305
202112 1.439 113.774 1.597
202203 1.311 117.646 1.407
202206 1.499 120.806 1.567
202209 1.335 120.648 1.397
202212 1.156 120.964 1.207
202303 1.051 122.702 1.081
202306 1.058 124.203 1.075
202309 1.297 125.230 1.308
202312 1.528 125.072 1.542
202403 1.376 126.258 1.376

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.


Hudbay Minerals  (FRA:OCKA) 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.


Hudbay Minerals Cyclically Adjusted PS Ratio Related Terms

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


Hudbay Minerals (FRA:OCKA) Business Description

Traded in Other Exchanges
Address
25 York Street, Suite 800, Toronto, ON, CAN, M5J 2V5
Hudbay Minerals Inc is a Canadian mining company with its operations, property developments, and exploration activities across the United States. The major mines that Hudbay operates are located in Manitoba, Canada, Arizona, United States; and Peru. The company is principally focused on the discovery, production, and marketing of base and precious metals. Hudbay produces copper concentrate, which contains copper, gold, and silver, as well as zinc metal. More than half the company's revenue is attributable to the copper business. The company sells copper concentrates to smelters across Asia, America, and Europe, and sells Zinc metal, the next biggest source of revenue, to industrial customers across North America.

Hudbay Minerals (FRA:OCKA) Headlines

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