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Gold Resource (Gold Resource) Cyclically Adjusted PS Ratio : 0.24 (As of May. 14, 2024)


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What is Gold Resource Cyclically Adjusted PS Ratio?

As of today (2024-05-14), Gold Resource's current share price is $0.4615. Gold Resource's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $1.95. Gold Resource's Cyclically Adjusted PS Ratio for today is 0.24.

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

GORO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.12   Med: 1.55   Max: 3.79
Current: 0.24

During the past years, Gold Resource's highest Cyclically Adjusted PS Ratio was 3.79. The lowest was 0.12. And the median was 1.55.

GORO's Cyclically Adjusted PS Ratio is ranked better than
88.95% of 588 companies
in the Metals & Mining industry
Industry Median: 1.32 vs GORO: 0.24

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.

Gold Resource's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.211. 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 $1.95 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gold Resource Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Gold Resource'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.

Gold Resource Cyclically Adjusted PS Ratio Chart

Gold Resource 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 2.73 1.42 0.73 0.72 0.19

Gold Resource 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 0.50 0.30 0.21 0.19 0.22

Competitive Comparison of Gold Resource's Cyclically Adjusted PS Ratio

For the Gold subindustry, Gold Resource'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.


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

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

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



Gold Resource 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.

Gold Resource's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.4615/1.95
=0.24

* 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.

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

For example, Gold Resource'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)
=0.211/129.4194*129.4194
=0.211

Current CPI (Mar. 2024) = 129.4194.

Gold Resource Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.617 100.560 0.794
201409 0.389 100.428 0.501
201412 0.543 99.070 0.709
201503 0.524 99.621 0.681
201506 0.430 100.684 0.553
201509 0.359 100.392 0.463
201512 0.397 99.792 0.515
201603 0.321 100.470 0.413
201606 0.479 101.688 0.610
201609 0.371 101.861 0.471
201612 0.325 101.863 0.413
201703 0.420 102.862 0.528
201706 0.373 103.349 0.467
201709 0.542 104.136 0.674
201712 0.579 104.011 0.720
201803 0.555 105.290 0.682
201806 0.528 106.317 0.643
201809 0.421 106.507 0.512
201812 0.479 105.998 0.585
201903 0.435 107.251 0.525
201906 0.466 108.070 0.558
201909 0.609 108.329 0.728
201912 0.367 108.420 0.438
202003 0.335 108.902 0.398
202006 0.179 108.767 0.213
202009 0.372 109.815 0.438
202012 0.395 109.897 0.465
202103 0.365 111.754 0.423
202106 0.411 114.631 0.464
202109 0.388 115.734 0.434
202112 0.489 117.630 0.538
202203 0.513 121.301 0.547
202206 0.417 125.017 0.432
202209 0.270 125.227 0.279
202212 0.366 125.222 0.378
202303 0.353 127.348 0.359
202306 0.280 128.729 0.282
202309 0.232 129.860 0.231
202312 0.238 129.419 0.238
202403 0.211 129.419 0.211

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.


Gold Resource  (AMEX:GORO) 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.


Gold Resource Cyclically Adjusted PS Ratio Related Terms

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


Gold Resource (Gold Resource) Business Description

Traded in Other Exchanges
Address
7900 East Union Avenue, Suite 320, Denver, CO, USA, 80237
Gold Resource Corp is a gold and silver producer, developer, and explorer with operations in Oaxaca, Mexico, and Nevada, USA. It targets low capital expenditure projects with the potential for generating high returns on capital. The company's two pipeline projects are; Don David Gold at Oaxaca, Mexico, and Back Forty at Michigan, United States of America.
Executives
Chet Holyoak officer: Interim CFO 7900 E UNION AVENUE, SUITE 320, DENVER CO 80237
Allen J Palmiere director, officer: CEO, President 2000 S. COLORADO BLVD., SUITE 10200, DENVER CO 80222
Joseph Martin Driscoll director 2000 S. COLORADO BLVD, SUITE 10200, DENVER CO 80222
Kimberly C Perry officer: Chief Financial Officer 2886 CARRIAGE MANOR POINT, COLORADO SPRINGS CO 80906
Alberto Reyes officer: Chief Operating Officer 53 RIVER VALLEY DRIVE, KITCHENER A6 N2C 2V5
Lila A Murphy director 2000 S. COLORADO BLVD., SUITE 10200, DENVER CO 80222
Ronald Little director 2234 OLD LILAC LANE, OTTAWA A6 K1H 6H7
Richard M Irvine director LAS ROSAS #339, COLONIA REFORMA, OAXACA O5 68050
Alex G Morrison director 1658 COLE BLVD., BLDG. 6, SUITE 210, LAKEWOOD CO 80401
Elizabeth Ann Wilkinson officer: See Remarks 45 GLENADEN AVENUE E, TORONTO A6 M8Y 2L4
Bill M Conrad director 2886 CARRIAGE MANOR POINT, COLO SPGS CO 80906
Gregory A Patterson officer: VP Corporate Development 2886 CARRIAGE MANOR POINT, COLORADO SPRINGS CO 80906
Barry D Devlin officer: VP Exploration 7338 YELLOW FIN COURT, BLAINE WA 98230
John A Labate officer: Chief Financial Officer
Jessica M Browne officer: VP, General Counsel, Secretary 2886 CARRIAGE MANOR POINT, COLORADO SPRINGS CO 80906