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Sherritt International (TSX:S) Cyclically Adjusted Revenue per Share : C$0.77 (As of Mar. 2024)


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What is Sherritt International 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.

Sherritt International's adjusted revenue per share for the three months ended in Mar. 2024 was C$0.072. 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 C$0.77 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sherritt International's average Cyclically Adjusted Revenue Growth Rate was -14.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -21.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -23.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -18.80% 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 Sherritt International was 1.90% per year. The lowest was -28.90% per year. And the median was -9.70% per year.

As of today (2024-06-06), Sherritt International's current stock price is C$0.315. Sherritt International's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$0.77. Sherritt International's Cyclically Adjusted PS Ratio of today is 0.41.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Sherritt International was 0.89. The lowest was 0.04. And the median was 0.35.


Sherritt International Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Sherritt International'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.

Sherritt International Cyclically Adjusted Revenue per Share Chart

Sherritt International 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 2.32 1.70 1.01 0.92 0.81

Sherritt International 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 0.90 0.88 0.85 0.81 0.77

Competitive Comparison of Sherritt International's Cyclically Adjusted Revenue per Share

For the Other Industrial Metals & Mining subindustry, Sherritt International'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.


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

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

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



Sherritt International 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, Sherritt International'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)
=0.072/126.2576*126.2576
=0.072

Current CPI (Mar. 2024) = 126.2576.

Sherritt International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.438 99.473 0.556
201409 0.346 99.394 0.440
201412 0.342 98.367 0.439
201503 0.283 99.789 0.358
201506 0.339 100.500 0.426
201509 0.262 100.421 0.329
201512 0.260 99.947 0.328
201603 0.199 101.054 0.249
201606 0.255 102.002 0.316
201609 0.199 101.765 0.247
201612 0.240 101.449 0.299
201703 0.246 102.634 0.303
201706 0.261 103.029 0.320
201709 0.215 103.345 0.263
201712 0.168 103.345 0.205
201803 0.106 105.004 0.127
201806 0.116 105.557 0.139
201809 0.075 105.636 0.090
201812 0.093 105.399 0.111
201903 0.080 106.979 0.094
201906 0.117 107.690 0.137
201909 0.069 107.611 0.081
201912 0.078 107.769 0.091
202003 0.066 107.927 0.077
202006 0.102 108.401 0.119
202009 0.063 108.164 0.074
202012 0.071 108.559 0.083
202103 0.055 110.298 0.063
202106 0.078 111.720 0.088
202109 0.052 112.905 0.058
202112 0.092 113.774 0.102
202203 0.086 117.646 0.092
202206 0.166 120.806 0.173
202209 0.076 120.648 0.080
202212 0.122 120.964 0.127
202303 0.147 122.702 0.151
202306 0.235 124.203 0.239
202309 0.092 125.230 0.093
202312 0.088 125.072 0.089
202403 0.072 126.258 0.072

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


Sherritt International  (TSX:S) 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.

Sherritt International's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.315/0.77
=0.41

* 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 Sherritt International was 0.89. The lowest was 0.04. And the median was 0.35.


Be Aware

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


Sherritt International Cyclically Adjusted Revenue per Share Related Terms

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


Sherritt International (TSX:S) Business Description

Traded in Other Exchanges
Address
22 Adelaide Street West, Suite 4220, Toronto, ON, CAN, M5H 4E3
Sherritt International Corp is engaged in the mining and refining of nickel from lateritic ores with projects and operations in Canada, Cuba, and North America. Its segment includes Moa JV and Fort site, Metals Other, Power, Technologies and Corporate. The Moa JV and Fort site segment includes the mining, processing, and refining of nickel and cobalt. Metals Other segment is comprised of buying, marketing and selling certain of Moa Joint Venture's nickel and cobalt production. Its Power segment constructs and operates an electricity generating plant whereas The Technologies and Corporate segment consist of the metallurgical technology business and general corporate activities.
Executives
Leon Binedell Director, Senior Officer