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GRAVITY Co (GRAVITY Co) Cyclically Adjusted PS Ratio : 1.75 (As of Apr. 30, 2024)


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What is GRAVITY Co Cyclically Adjusted PS Ratio?

As of today (2024-04-30), GRAVITY Co's current share price is $66.47. GRAVITY Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $38.08. GRAVITY Co's Cyclically Adjusted PS Ratio for today is 1.75.

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

GRVY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.22   Med: 1.85   Max: 11.49
Current: 1.75

During the past years, GRAVITY Co's highest Cyclically Adjusted PS Ratio was 11.49. The lowest was 0.22. And the median was 1.85.

GRVY's Cyclically Adjusted PS Ratio is ranked worse than
57.68% of 293 companies
in the Interactive Media industry
Industry Median: 1.5 vs GRVY: 1.75

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.

GRAVITY Co's adjusted revenue per share data for the three months ended in Dec. 2023 was $16.055. 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 $38.08 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


GRAVITY Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for GRAVITY Co'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.

GRAVITY Co Cyclically Adjusted PS Ratio Chart

GRAVITY Co 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 2.51 9.40 2.80 1.35 1.83

GRAVITY Co 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 1.35 1.82 2.04 1.88 1.83

Competitive Comparison of GRAVITY Co's Cyclically Adjusted PS Ratio

For the Electronic Gaming & Multimedia subindustry, GRAVITY Co'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.


GRAVITY Co's Cyclically Adjusted PS Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, GRAVITY Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



GRAVITY Co 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.

GRAVITY Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=66.47/38.08
=1.75

* 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.

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

For example, GRAVITY Co'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)
=16.055/118.8477*118.8477
=16.055

Current CPI (Dec. 2023) = 118.8477.

GRAVITY Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.447 99.253 1.733
201406 1.448 99.353 1.732
201409 1.326 99.608 1.582
201412 1.218 99.098 1.461
201503 1.173 99.720 1.398
201506 1.192 100.050 1.416
201509 1.054 100.110 1.251
201512 1.071 100.220 1.270
201603 1.108 100.560 1.309
201606 1.119 100.790 1.319
201609 2.044 101.460 2.394
201612 2.129 101.560 2.491
201703 2.964 102.850 3.425
201706 3.439 102.610 3.983
201709 3.017 103.490 3.465
201712 8.973 102.990 10.355
201803 8.919 104.100 10.183
201806 8.288 104.130 9.459
201809 5.680 105.650 6.390
201812 14.517 104.350 16.534
201903 16.993 104.490 19.328
201906 9.578 104.880 10.854
201909 9.348 105.200 10.561
201912 8.778 105.120 9.924
202003 8.654 105.540 9.745
202006 10.547 104.870 11.953
202009 16.116 106.200 18.035
202012 14.793 105.765 16.623
202103 13.376 107.357 14.808
202106 10.718 107.579 11.841
202109 15.788 108.759 17.252
202112 11.742 109.676 12.724
202203 10.445 111.806 11.103
202206 10.873 114.083 11.327
202209 10.551 114.831 10.920
202212 19.592 115.200 20.212
202303 18.175 116.550 18.533
202306 26.501 117.140 26.887
202309 18.998 119.111 18.956
202312 16.055 118.848 16.055

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.


GRAVITY Co  (NAS:GRVY) 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.


GRAVITY Co Cyclically Adjusted PS Ratio Related Terms

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


GRAVITY Co (GRAVITY Co) Business Description

Traded in Other Exchanges
Address
15th Floor, 396 World Cup buk-ro, Mapo-gu, Seoul, KOR, 03925
GRAVITY Co Ltd is an online and mobile games developer and publisher based in Korea. Its principal product, Ragnarok Online, is an online game which is available in more than 91 markets. Its games include Ragnarok Online, Requiem, Dragonica (Dragon Saga), Ragnarok Online II, Requiem Online, and R.O.S.E. Online. The company generates revenue from online games, mobile games and other sources including character based merchandise and animation.