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Hudbay Minerals (Hudbay Minerals) Cyclically Adjusted PS Ratio : 1.59 (As of Apr. 27, 2024)


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What is Hudbay Minerals Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Hudbay Minerals's current share price is $8.63. Hudbay Minerals's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $5.44. Hudbay Minerals's Cyclically Adjusted PS Ratio for today is 1.59.

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

HBM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.36   Med: 1.25   Max: 2.25
Current: 1.54

During the past years, Hudbay Minerals's highest Cyclically Adjusted PS Ratio was 2.25. The lowest was 0.36. And the median was 1.25.

HBM's Cyclically Adjusted PS Ratio is ranked worse than
54.97% of 584 companies
in the Metals & Mining industry
Industry Median: 1.315 vs HBM: 1.54

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.

Hudbay Minerals's adjusted revenue per share data for the three months ended in Dec. 2023 was $1.666. 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 $5.44 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hudbay Minerals Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Hudbay Minerals'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.

Hudbay Minerals Cyclically Adjusted PS Ratio Chart

Hudbay Minerals 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 0.95 1.58 1.53 1.04 1.01

Hudbay Minerals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 1.04 1.05 0.92 0.94 1.01

Competitive Comparison of Hudbay Minerals's Cyclically Adjusted PS Ratio

For the Copper subindustry, Hudbay Minerals'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.


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

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

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



Hudbay Minerals 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.

Hudbay Minerals's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.63/5.44
=1.59

* 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.

Hudbay Minerals's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Hudbay Minerals's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.666/125.4675*125.4675
=1.666

Current CPI (Dec. 2023) = 125.4675.

Hudbay Minerals Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.519 98.604 0.660
201406 0.676 99.473 0.853
201409 0.761 99.394 0.961
201412 0.479 98.367 0.611
201503 0.551 99.789 0.693
201506 0.643 100.500 0.803
201509 1.147 100.421 1.433
201512 1.431 99.947 1.796
201603 1.078 101.054 1.338
201606 1.050 102.002 1.292
201609 1.318 101.765 1.625
201612 1.342 101.449 1.660
201703 1.103 102.634 1.348
201706 1.416 103.029 1.724
201709 1.597 103.345 1.939
201712 1.623 103.345 1.970
201803 1.480 105.004 1.768
201806 1.421 105.557 1.689
201809 1.388 105.636 1.649
201812 1.346 105.399 1.602
201903 1.119 106.979 1.312
201906 1.261 107.690 1.469
201909 1.115 107.611 1.300
201912 1.242 107.769 1.446
202003 0.938 107.927 1.090
202006 0.800 108.401 0.926
202009 1.210 108.164 1.404
202012 1.234 108.559 1.426
202103 1.200 110.298 1.365
202106 1.546 111.720 1.736
202109 1.373 112.905 1.526
202112 1.626 113.774 1.793
202203 1.444 117.646 1.540
202206 1.584 120.806 1.645
202209 1.322 120.648 1.375
202212 1.225 120.964 1.271
202303 1.125 122.702 1.150
202306 1.147 124.203 1.159
202309 1.385 125.230 1.388
202312 1.666 125.468 1.666

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.


Hudbay Minerals  (NYSE:HBM) 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.


Hudbay Minerals Cyclically Adjusted PS Ratio Related Terms

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


Hudbay Minerals (Hudbay Minerals) Business Description

Traded in Other Exchanges
Address
25 York Street, Suite 800, Toronto, ON, CAN, M5J 2V5
Hudbay Minerals Inc is a Canadian mining company with its operations, property developments, and exploration activities across the United States. The major mines that Hudbay operates are located in Manitoba, Canada, Arizona, United States; and Peru. The company is principally focused on the discovery, production, and marketing of base and precious metals. Hudbay produces copper concentrate, which contains copper, gold, and silver, as well as zinc metal. More than half the company's revenue is attributable to the copper business. The company sells copper concentrates to smelters across Asia, America, and Europe, and sells Zinc metal, the next biggest source of revenue, to industrial customers across North America.