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Wheaton Precious Metals (Wheaton Precious Metals) Cyclically Adjusted Revenue per Share : $2.32 (As of Mar. 2024)


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What is Wheaton Precious Metals 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.

Wheaton Precious Metals's adjusted revenue per share for the three months ended in Mar. 2024 was $0.654. 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 $2.32 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Wheaton Precious Metals's average Cyclically Adjusted Revenue Growth Rate was 5.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 7.70% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 9.70% 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 Wheaton Precious Metals was 16.20% per year. The lowest was 5.30% per year. And the median was 11.30% per year.

As of today (2024-05-31), Wheaton Precious Metals's current stock price is $55.61. Wheaton Precious Metals's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $2.32. Wheaton Precious Metals's Cyclically Adjusted PS Ratio of today is 23.97.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Wheaton Precious Metals was 29.54. The lowest was 9.61. And the median was 17.41.


Wheaton Precious Metals Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Wheaton Precious Metals'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.

Wheaton Precious Metals Cyclically Adjusted Revenue per Share Chart

Wheaton Precious Metals 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 1.81 2.00 2.19 2.18 2.33

Wheaton Precious 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 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 2.20 2.29 2.26 2.33 2.32

Competitive Comparison of Wheaton Precious Metals's Cyclically Adjusted Revenue per Share

For the Gold subindustry, Wheaton Precious 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.


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

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

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



Wheaton Precious Metals 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, Wheaton Precious 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)
=0.654/126.2576*126.2576
=0.654

Current CPI (Mar. 2024) = 126.2576.

Wheaton Precious Metals Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.415 99.473 0.527
201409 0.462 99.394 0.587
201412 0.385 98.367 0.494
201503 0.352 99.789 0.445
201506 0.407 100.500 0.511
201509 0.379 100.421 0.477
201512 0.496 99.947 0.627
201603 0.465 101.054 0.581
201606 0.486 102.002 0.602
201609 0.528 101.765 0.655
201612 0.585 101.449 0.728
201703 0.448 102.634 0.551
201706 0.451 103.029 0.553
201709 0.459 103.345 0.561
201712 0.548 103.345 0.669
201803 0.450 105.004 0.541
201806 0.479 105.557 0.573
201809 0.418 105.636 0.500
201812 0.443 105.399 0.531
201903 0.506 106.979 0.597
201906 0.424 107.690 0.497
201909 0.499 107.611 0.585
201912 0.498 107.769 0.583
202003 0.568 107.927 0.664
202006 0.551 108.401 0.642
202009 0.680 108.164 0.794
202012 0.635 108.559 0.739
202103 0.719 110.298 0.823
202106 0.732 111.720 0.827
202109 0.595 112.905 0.665
202112 0.617 113.774 0.685
202203 0.680 117.646 0.730
202206 0.670 120.806 0.700
202209 0.484 120.648 0.507
202212 0.521 120.964 0.544
202303 0.473 122.702 0.487
202306 0.584 124.203 0.594
202309 0.492 125.230 0.496
202312 0.691 125.072 0.698
202403 0.654 126.258 0.654

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


Wheaton Precious Metals  (NYSE:WPM) 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.

Wheaton Precious Metals's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=55.61/2.32
=23.97

* 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 Wheaton Precious Metals was 29.54. The lowest was 9.61. And the median was 17.41.


Be Aware

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


Wheaton Precious Metals Cyclically Adjusted Revenue per Share Related Terms

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Wheaton Precious Metals (Wheaton Precious Metals) Business Description

Address
1021 West Hastings Street, Suite 3500, Vancouver, BC, CAN, V6E 0C3
Wheaton Precious Metals Corp is a precious metal streaming company. The company has entered into over 20 long-term purchase agreements with 17 different mining companies, for the purchase of precious metals and cobalt. It has streaming agreements covering approximately 19 operating mines and 9 development stage projects. The company's projects include Vale's Salobo mine and silver streams on Glencore's Antamina mine and Goldcorp's Penasquito mine.