GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Newmont Corp (BSP:N1EM34) » Definitions » Cyclically Adjusted Revenue per Share

Newmont (BSP:N1EM34) Cyclically Adjusted Revenue per Share : R$83.85 (As of Mar. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Newmont Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Newmont's adjusted revenue per share for the three months ended in Mar. 2024 was R$17.375. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is R$83.85 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Newmont's average Cyclically Adjusted Revenue Growth Rate was -0.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -0.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -0.90% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 0.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Newmont was 9.40% per year. The lowest was -1.30% per year. And the median was 1.80% per year.

As of today (2024-05-22), Newmont's current stock price is R$225.17. Newmont's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$83.85. Newmont's Cyclically Adjusted PS Ratio of today is 2.69.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Newmont was 5.01. The lowest was 0.94. And the median was 2.20.


Newmont Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Newmont's Cyclically Adjusted Revenue per Share 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.

Newmont Cyclically Adjusted Revenue per Share Chart

Newmont Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 85.91 91.92 89.25 81.10

Newmont Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue per Share 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 84.74 80.12 84.07 81.10 83.85

Competitive Comparison of Newmont's Cyclically Adjusted Revenue per Share

For the Gold subindustry, Newmont'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.


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

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

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



Newmont Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Newmont'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)
=17.375/131.7762*131.7762
=17.375

Current CPI (Mar. 2024) = 131.7762.

Newmont Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 7.909 100.560 10.364
201409 8.164 100.428 10.712
201412 8.175 99.070 10.874
201503 12.390 99.621 16.389
201506 11.733 100.684 15.356
201509 11.489 100.392 15.081
201512 10.612 99.792 14.013
201603 10.182 100.470 13.355
201606 10.720 101.688 13.892
201609 10.931 101.861 14.141
201612 11.083 101.863 14.338
201703 9.916 102.862 12.703
201706 11.549 103.349 14.726
201709 10.981 104.136 13.896
201712 11.851 104.011 15.015
201803 11.136 105.290 13.937
201806 11.715 106.317 14.520
201809 13.255 106.507 16.400
201812 14.866 105.998 18.481
201903 12.968 107.251 15.933
201906 11.331 108.070 13.817
201909 13.596 108.329 16.539
201912 14.833 108.420 18.028
202003 15.589 108.902 18.863
202006 15.243 108.767 18.468
202009 21.238 109.815 25.485
202012 21.581 109.897 25.878
202103 20.180 111.754 23.795
202106 19.193 114.631 22.064
202109 19.103 115.734 21.751
202112 24.023 117.630 26.912
202203 18.947 121.301 20.583
202206 19.416 125.017 20.466
202209 17.373 125.227 18.282
202212 21.061 125.222 22.163
202303 17.552 127.348 18.162
202306 16.380 128.729 16.768
202309 15.468 129.860 15.696
202312 19.804 129.419 20.165
202403 17.375 131.776 17.375

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Newmont  (BSP:N1EM34) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Newmont's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=225.17/83.85
=2.69

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Newmont was 5.01. The lowest was 0.94. And the median was 2.20.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Newmont Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Newmont's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Newmont (BSP:N1EM34) Business Description

Industry
Address
6900 E Layton Avenue, Suite 700, Denver, CO, USA, 80237
Newmont is the world's largest gold miner. It bought Goldcorp in 2019, combined its Nevada mines in a joint venture with competitor Barrick later that year, and also purchased competitor Newcrest in November 2023. Its portfolio includes 17 wholly or majority owned mines and interests in two joint ventures in the Americas, Africa, Australia and Papua New Guinea. The company is expected to produce roughly 7.3 million ounces of gold in 2023 pro forma for Newcrest on an annualized basis. Newmont also produces material amounts of copper, silver, zinc, and lead as byproducts from its various gold mines. It had about two decades of gold reserves along with significant byproduct reserves after acquiring Newcrest.

Newmont (BSP:N1EM34) Headlines

No Headlines