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Good Natured Products (TSXV:GDNP) Cyclically Adjusted PS Ratio : 0.19 (As of May. 28, 2024)


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What is Good Natured Products Cyclically Adjusted PS Ratio?

As of today (2024-05-28), Good Natured Products's current share price is C$0.03. Good Natured Products's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was C$0.16. Good Natured Products's Cyclically Adjusted PS Ratio for today is 0.19.

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

TSXV:GDNP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.41   Max: 0.63
Current: 0.18

During the past 10 years, Good Natured Products's highest Cyclically Adjusted PS Ratio was 0.63. The lowest was 0.16. And the median was 0.41.

TSXV:GDNP's Cyclically Adjusted PS Ratio is ranked better than
91.11% of 315 companies
in the Packaging & Containers industry
Industry Median: 0.74 vs TSXV:GDNP: 0.18

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.

Good Natured Products's adjusted revenue per share data of for the fiscal year that ended in Dec23 was C$0.293. 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$0.16 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Good Natured Products Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Good Natured Products'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.

Good Natured Products Cyclically Adjusted PS Ratio Chart

Good Natured Products Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.40

Good Natured Products 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 - - - - 0.40

Competitive Comparison of Good Natured Products's Cyclically Adjusted PS Ratio

For the Packaging & Containers subindustry, Good Natured Products'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.


Good Natured Products's Cyclically Adjusted PS Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Good Natured Products's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Good Natured Products 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.

Good Natured Products's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.03/0.16
=0.19

* 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.

Good Natured Products's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Good Natured Products's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.293/125.0724*125.0724
=0.293

Current CPI (Dec23) = 125.0724.

Good Natured Products Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201402 0.000 98.051 0.000
201502 0.021 99.078 0.027
201602 0.004 100.421 0.005
201702 0.035 102.476 0.043
201812 0.054 105.399 0.064
201912 0.101 107.769 0.117
202012 0.134 108.559 0.154
202112 0.290 113.774 0.319
202212 0.443 120.964 0.458
202312 0.293 125.072 0.293

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.


Good Natured Products  (TSXV:GDNP) 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.


Good Natured Products Cyclically Adjusted PS Ratio Related Terms

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


Good Natured Products (TSXV:GDNP) Business Description

Traded in Other Exchanges
Address
814 - 470 Granville Street, Vancouver, BC, CAN, V6C 1V5
Good Natured Products Inc offers a broad assortment of plant-based products. All of the Company's operations are within the packaging and consumer goods manufacturing industry. The Company manufactures and/or sources over 400 products that are grouped into five business groups: General Merchandise, Packaging, Industrial, Commercial Supplies, and Services. The Company offers its products through wholesale, direct to business, and retail channels.

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