GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mineral Resources Ltd (OTCPK:MALRY) » Definitions » Cyclically Adjusted PS Ratio

Mineral Resources (Mineral Resources) Cyclically Adjusted PS Ratio : 5.51 (As of Jun. 02, 2024)


View and export this data going back to 2011. Start your Free Trial

What is Mineral Resources Cyclically Adjusted PS Ratio?

As of today (2024-06-02), Mineral Resources's current share price is $49.94. Mineral Resources's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun23 was $9.07. Mineral Resources's Cyclically Adjusted PS Ratio for today is 5.51.

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

MALRY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.76   Med: 3.42   Max: 8.2
Current: 5.26

During the past 13 years, Mineral Resources's highest Cyclically Adjusted PS Ratio was 8.20. The lowest was 1.76. And the median was 3.42.

MALRY's Cyclically Adjusted PS Ratio is ranked worse than
85.74% of 582 companies
in the Metals & Mining industry
Industry Median: 1.34 vs MALRY: 5.26

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.

Mineral Resources's adjusted revenue per share data of for the fiscal year that ended in Jun23 was $16.644. 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 $9.07 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mineral Resources Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mineral Resources'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.

Mineral Resources Cyclically Adjusted PS Ratio Chart

Mineral Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.21 2.78 5.67 4.30 5.24

Mineral Resources 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 - 4.30 - 5.24 -

Competitive Comparison of Mineral Resources's Cyclically Adjusted PS Ratio

For the Other Industrial Metals & Mining subindustry, Mineral Resources'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.


Mineral Resources's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

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

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



Mineral Resources 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.

Mineral Resources's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=49.94/9.07
=5.51

* 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.

Mineral Resources's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Mineral Resources's adjusted Revenue per Share data for the fiscal year that ended in Jun23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=16.644/124.1700*124.1700
=16.644

Current CPI (Jun23) = 124.1700.

Mineral Resources Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201406 9.549 98.352 12.056
201506 5.351 99.838 6.655
201606 4.664 100.859 5.742
201706 5.890 102.809 7.114
201806 6.476 104.945 7.662
201906 4.738 106.617 5.518
202006 7.786 106.246 9.100
202106 15.134 110.332 17.032
202206 12.716 117.112 13.482
202306 16.644 124.170 16.644

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.


Mineral Resources  (OTCPK:MALRY) 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.


Mineral Resources Cyclically Adjusted PS Ratio Related Terms

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


Mineral Resources (Mineral Resources) Business Description

Traded in Other Exchanges
Address
20 Walters Drive, Osborne Park, Applecross, Western Australia, WA, AUS, 6017
Mineral Resources listed on the ASX in 2006 following the merger of three mining services businesses. The subsidiary companies were previously owned by managing director Chris Ellison, who remains a large shareholder despite selling down. Operations include iron ore and lithium mining, iron ore crushing and screening services for third parties, and engineering and construction for mining companies. Mining and contracting activity is focused in Western Australia.

Mineral Resources (Mineral Resources) Headlines

From GuruFocus

Longleaf Partners Comments on Mineral Resources

By Holly LaFon Holly LaFon 02-15-2016

Longleaf Partners Comments on Mineral Resources

By Holly LaFon Holly LaFon 04-15-2016

Southeastern Asset Management Comments on Mineral Resources

By Holly LaFon Holly LaFon 07-20-2016