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Lundin Mining (TSX:LUN) Cyclically Adjusted PS Ratio : 3.71 (As of Apr. 28, 2024)


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What is Lundin Mining Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Lundin Mining's current share price is C$16.23. Lundin Mining's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was C$4.37. Lundin Mining's Cyclically Adjusted PS Ratio for today is 3.71.

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

TSX:LUN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.42   Med: 2.74   Max: 5.68
Current: 3.72

During the past years, Lundin Mining's highest Cyclically Adjusted PS Ratio was 5.68. The lowest was 1.42. And the median was 2.74.

TSX:LUN's Cyclically Adjusted PS Ratio is ranked worse than
78.08% of 584 companies
in the Metals & Mining industry
Industry Median: 1.315 vs TSX:LUN: 3.72

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.

Lundin Mining's adjusted revenue per share data for the three months ended in Dec. 2023 was C$1.836. 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 C$4.37 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lundin Mining Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Lundin Mining'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.

Lundin Mining Cyclically Adjusted PS Ratio Chart

Lundin Mining 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 3.15 4.22 3.07 2.19 2.48

Lundin Mining 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 2.19 2.33 2.56 2.40 2.48

Competitive Comparison of Lundin Mining's Cyclically Adjusted PS Ratio

For the Copper subindustry, Lundin Mining'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.


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

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

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



Lundin Mining 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.

Lundin Mining's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=16.23/4.37
=3.71

* 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.

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

For example, Lundin Mining'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)
=1.836/125.4675*125.4675
=1.836

Current CPI (Dec. 2023) = 125.4675.

Lundin Mining Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.284 98.604 0.361
201406 0.354 99.473 0.447
201409 0.312 99.394 0.394
201412 0.790 98.367 1.008
201503 0.932 99.789 1.172
201506 0.859 100.500 1.072
201509 0.651 100.421 0.813
201512 0.602 99.947 0.756
201603 0.679 101.054 0.843
201606 0.613 102.002 0.754
201609 0.682 101.765 0.841
201612 0.844 101.449 1.044
201703 0.896 102.634 1.095
201706 0.829 103.029 1.010
201709 1.012 103.345 1.229
201712 0.932 103.345 1.132
201803 0.831 105.004 0.993
201806 0.837 105.557 0.995
201809 0.674 105.636 0.801
201812 0.746 105.399 0.888
201903 0.756 106.979 0.887
201906 0.667 107.690 0.777
201909 0.969 107.611 1.130
201912 1.017 107.769 1.184
202003 0.718 107.927 0.835
202006 0.984 108.401 1.139
202009 1.080 108.164 1.253
202012 0.921 108.559 1.064
202103 1.158 110.298 1.317
202106 1.438 111.720 1.615
202109 1.298 112.905 1.442
202112 1.768 113.774 1.950
202203 1.700 117.646 1.813
202206 0.986 120.806 1.024
202209 1.115 120.648 1.160
202212 1.429 120.964 1.482
202303 1.332 122.702 1.362
202306 1.011 124.203 1.021
202309 1.736 125.230 1.739
202312 1.836 125.468 1.836

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.


Lundin Mining  (TSX:LUN) 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.


Lundin Mining Cyclically Adjusted PS Ratio Related Terms

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


Lundin Mining (TSX:LUN) Business Description

Traded in Other Exchanges
Address
150 King Street West, Suite 2200, P.O. Box 38, Toronto, ON, CAN, M5H 1J9
Lundin Mining Corp is a diversified Canadian base metals mining company with operations in Brazil, Chile, Portugal, Sweden, and the United States of America, producing copper, zinc, gold, and nickel. Its material mineral properties include Candelaria, Chapada, Eagle, and Neves-Corvo. Majority of the revenue is from Copper.

Lundin Mining (TSX:LUN) Headlines

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