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GSK (GLAXF) Cyclically Adjusted PS Ratio : 2.01 (As of Apr. 30, 2024)


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What is GSK Cyclically Adjusted PS Ratio?

As of today (2024-04-30), GSK's current share price is $21.30. GSK's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $10.61. GSK's Cyclically Adjusted PS Ratio for today is 2.01.

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

GLAXF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.57   Med: 2.1   Max: 2.72
Current: 2

During the past years, GSK's highest Cyclically Adjusted PS Ratio was 2.72. The lowest was 1.57. And the median was 2.10.

GLAXF's Cyclically Adjusted PS Ratio is ranked better than
51.96% of 739 companies
in the Drug Manufacturers industry
Industry Median: 2.09 vs GLAXF: 2.00

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.

GSK's adjusted revenue per share data for the three months ended in Dec. 2023 was $2.474. 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 $10.61 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


GSK Cyclically Adjusted PS Ratio Historical Data

The historical data trend for GSK'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.

GSK Cyclically Adjusted PS Ratio Chart

GSK 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 2.35 1.82 2.11 1.75 1.74

GSK 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 1.75 1.73 1.66 1.78 1.74

Competitive Comparison of GSK's Cyclically Adjusted PS Ratio

For the Drug Manufacturers - General subindustry, GSK'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.


GSK's Cyclically Adjusted PS Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, GSK's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



GSK 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.

GSK's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=21.30/10.61
=2.01

* 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.

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

For example, GSK'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)
=2.474/130.0000*130.0000
=2.474

Current CPI (Dec. 2023) = 130.0000.

GSK Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.395 99.300 3.135
201406 2.413 99.800 3.143
201409 2.363 100.000 3.072
201412 2.515 99.900 3.273
201503 2.161 99.600 2.821
201506 2.352 100.100 3.055
201509 2.409 100.200 3.125
201512 2.384 100.400 3.087
201603 2.268 100.400 2.937
201606 2.387 101.000 3.072
201609 2.527 101.500 3.237
201612 2.388 102.200 3.038
201703 2.317 102.700 2.933
201706 2.397 103.500 3.011
201709 2.649 104.300 3.302
201712 2.575 105.000 3.188
201803 2.550 105.100 3.154
201806 2.449 105.900 3.006
201809 2.659 106.600 3.243
201812 2.601 107.100 3.157
201903 2.535 107.000 3.080
201906 2.479 107.900 2.987
201909 2.900 108.400 3.478
201912 2.881 108.500 3.452
202003 2.807 108.600 3.360
202006 2.375 108.800 2.838
202009 2.778 109.200 3.307
202012 -0.335 109.400 -0.398
202103 2.553 109.700 3.025
202106 2.028 111.400 2.367
202109 2.245 112.400 2.597
202112 2.317 114.700 2.626
202203 2.330 116.500 2.600
202206 1.680 120.500 1.812
202209 2.169 122.300 2.306
202212 2.197 125.300 2.279
202303 2.065 126.800 2.117
202306 1.771 129.400 1.779
202309 2.452 130.100 2.450
202312 2.474 130.000 2.474

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.


GSK  (OTCPK:GLAXF) 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.


GSK Cyclically Adjusted PS Ratio Related Terms

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


GSK (GLAXF) Business Description

Industry
Address
980 Great West Road, Brentford, Middlesex, GBR, TW8 9GS
In the pharmaceutical industry, GSK ranks as one of the largest companies by total sales. The company wields its might across several therapeutic classes, including respiratory, cancer, and antiviral, as well as vaccines. GSK uses joint ventures to gain additional scale in certain markets like HIV.

GSK (GLAXF) Headlines

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