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Anglo American (LSE:AAL) Cyclically Adjusted PS Ratio : 1.36 (As of May. 14, 2024)


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What is Anglo American Cyclically Adjusted PS Ratio?

As of today (2024-05-14), Anglo American's current share price is £27.07. Anglo American's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was £19.90. Anglo American's Cyclically Adjusted PS Ratio for today is 1.36.

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

LSE:AAL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.17   Med: 1.13   Max: 2.46
Current: 1.39

During the past 13 years, Anglo American's highest Cyclically Adjusted PS Ratio was 2.46. The lowest was 0.17. And the median was 1.13.

LSE:AAL's Cyclically Adjusted PS Ratio is ranked worse than
51.19% of 588 companies
in the Metals & Mining industry
Industry Median: 1.32 vs LSE:AAL: 1.39

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.

Anglo American's adjusted revenue per share data of for the fiscal year that ended in Dec23 was £19.848. 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 £19.90 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Anglo American Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Anglo American'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.

Anglo American Cyclically Adjusted PS Ratio Chart

Anglo American 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 1.39 1.55 1.78 1.70 0.99

Anglo American Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1.78 - 1.70 - 0.99

Competitive Comparison of Anglo American's Cyclically Adjusted PS Ratio

For the Other Industrial Metals & Mining subindustry, Anglo American'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.


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

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

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



Anglo American 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.

Anglo American's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=27.07/19.9
=1.36

* 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.

Anglo American's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Anglo American's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=19.848/130.0000*130.0000
=19.848

Current CPI (Dec23) = 130.0000.

Anglo American Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 13.473 99.900 17.532
201512 10.600 100.400 13.725
201612 13.172 102.200 16.755
201712 15.141 105.000 18.746
201812 16.830 107.100 20.429
201912 17.750 108.500 21.267
202012 15.110 109.400 17.955
202112 24.979 114.700 28.311
202212 23.517 125.300 24.399
202312 19.848 130.000 19.848

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.


Anglo American  (LSE:AAL) 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.


Anglo American Cyclically Adjusted PS Ratio Related Terms

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


Anglo American (LSE:AAL) Business Description

Address
17 Charterhouse Street, London, GBR, EC1N 6RA
Anglo American's mining portfolio spans many commodities and continents. Like fellow large diversified miners, Anglo has significant exposure to copper, iron ore and metallurgical coal, but it is unique among the global majors given its significant platinum group metals and diamonds output. The company accounts for about one third of the world's platinum supply and around 30% of palladium supply. Anglo also owns 85% of De Beers, in most years the world's largest supplier and marketer of rough gem diamonds by value. Anglo also plans to move back into the crop nutrients business via its Woodsmith polyhalite project in the United Kingdom.