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Sierra Metals (Sierra Metals) Cyclically Adjusted PS Ratio : 0.49 (As of Jun. 02, 2024)


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What is Sierra Metals Cyclically Adjusted PS Ratio?

As of today (2024-06-02), Sierra Metals's current share price is $0.675. Sierra Metals's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $1.39. Sierra Metals's Cyclically Adjusted PS Ratio for today is 0.49.

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

SMTSF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.08   Med: 2.11   Max: 5.93
Current: 0.49

During the past years, Sierra Metals's highest Cyclically Adjusted PS Ratio was 5.93. The lowest was 0.08. And the median was 2.11.

SMTSF's Cyclically Adjusted PS Ratio is ranked better than
75.6% of 582 companies
in the Metals & Mining industry
Industry Median: 1.34 vs SMTSF: 0.49

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.

Sierra Metals's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.295. 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 $1.39 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sierra Metals Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sierra Metals'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.

Sierra Metals Cyclically Adjusted PS Ratio Chart

Sierra Metals 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 1.76 2.90 1.06 0.14 0.40

Sierra Metals 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 0.23 0.22 0.22 0.40 0.41

Competitive Comparison of Sierra Metals's Cyclically Adjusted PS Ratio

For the Other Industrial Metals & Mining subindustry, Sierra Metals'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.


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

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

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



Sierra Metals 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.

Sierra Metals's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.675/1.39
=0.49

* 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.

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

For example, Sierra Metals'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)
=0.295/126.2576*126.2576
=0.295

Current CPI (Mar. 2024) = 126.2576.

Sierra Metals Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.286 99.473 0.363
201409 0.279 99.394 0.354
201412 0.256 98.367 0.329
201503 0.217 99.789 0.275
201506 0.285 100.500 0.358
201509 0.176 100.421 0.221
201512 0.155 99.947 0.196
201603 0.147 101.054 0.184
201606 0.228 102.002 0.282
201609 0.252 101.765 0.313
201612 0.258 101.449 0.321
201703 0.336 102.634 0.413
201706 0.299 103.029 0.366
201709 0.313 103.345 0.382
201712 0.315 103.345 0.385
201803 0.379 105.004 0.456
201806 0.384 105.557 0.459
201809 0.321 105.636 0.384
201812 0.334 105.399 0.400
201903 0.301 106.979 0.355
201906 0.310 107.690 0.363
201909 0.391 107.611 0.459
201912 0.383 107.769 0.449
202003 0.343 107.927 0.401
202006 0.255 108.401 0.297
202009 0.446 108.164 0.521
202012 0.464 108.559 0.540
202103 0.422 110.298 0.483
202106 0.482 111.720 0.545
202109 0.371 112.905 0.415
202112 0.381 113.774 0.423
202203 0.348 117.646 0.373
202206 0.305 120.806 0.319
202209 0.215 120.648 0.225
202212 0.234 120.964 0.244
202303 0.324 122.702 0.333
202306 0.376 124.203 0.382
202309 0.346 125.230 0.349
202312 0.304 125.072 0.307
202403 0.295 126.258 0.295

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.


Sierra Metals  (OTCPK:SMTSF) 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.


Sierra Metals Cyclically Adjusted PS Ratio Related Terms

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


Sierra Metals (Sierra Metals) Business Description

Traded in Other Exchanges
Address
77 King Street West, Suite 400, Toronto, ON, CAN, M5K 0A1
Sierra Metals Inc is a precious and base metals producer in Peru and Mexico. The company acquires, explores, extracts, and produces mineral concentrates consisting of silver, copper, lead, zinc and gold. Sierra has interests in the Yauricocha Mine in Peru, and the Bolivar and Cusi Mines, Mexico. The majority of the revenue comes from selling the mineral concentrates to its customers in Peru.