GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Globus Maritime Ltd (NAS:GLBS) » Definitions » Cyclically Adjusted PS Ratio

Globus Maritime (Globus Maritime) Cyclically Adjusted PS Ratio : 0.00 (As of Apr. 27, 2024)


View and export this data going back to 2008. Start your Free Trial

What is Globus Maritime Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Globus Maritime's current share price is $1.95. Globus Maritime's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $2,008.25. Globus Maritime's Cyclically Adjusted PS Ratio for today is 0.00.

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

During the past years, Globus Maritime's highest Cyclically Adjusted PS Ratio was 0.05. The lowest was 0.01. And the median was 0.03.

GLBS's Cyclically Adjusted PS Ratio is not ranked *
in the Transportation industry.
Industry Median: 0.82
* Ranked among companies with meaningful Cyclically Adjusted PS Ratio only.

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.

Globus Maritime's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.345. 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 $2,008.25 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Globus Maritime Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Globus Maritime'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.

Globus Maritime Cyclically Adjusted PS Ratio Chart

Globus Maritime 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 0.01 - - - -

Globus Maritime 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 - - - - -

Competitive Comparison of Globus Maritime's Cyclically Adjusted PS Ratio

For the Marine Shipping subindustry, Globus Maritime'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.


Globus Maritime's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Globus Maritime's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Globus Maritime 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.

Globus Maritime's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.95/2008.25
=0.00

* 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.

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

For example, Globus Maritime'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)
=0.345/116.4647*116.4647
=0.345

Current CPI (Dec. 2023) = 116.4647.

Globus Maritime Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2,469.667 102.748 2,799.375
201406 2,399.333 103.060 2,711.396
201409 2,104.333 102.624 2,388.131
201412 1,819.333 100.254 2,113.506
201503 1,214.333 100.549 1,406.542
201506 1,086.000 100.838 1,254.301
201509 1,058.333 100.856 1,222.119
201512 879.667 100.087 1,023.616
201603 588.000 99.041 691.445
201606 704.333 100.121 819.310
201609 841.000 99.878 980.663
201612 767.000 100.110 892.307
201703 152.647 100.770 176.422
201706 129.857 101.138 149.536
201709 136.929 100.882 158.080
201712 127.484 100.762 147.350
201803 123.063 100.534 142.563
201806 131.063 102.121 149.472
201809 151.906 101.982 173.479
201812 136.281 101.330 156.636
201903 110.719 101.482 127.065
201906 82.902 101.837 94.810
201909 112.409 101.906 128.469
201912 76.224 102.120 86.931
202003 39.483 101.479 45.314
202006 27.699 100.239 32.183
202009 2.021 99.886 2.356
202012 1.310 99.751 1.529
202103 0.717 99.817 0.837
202106 0.341 101.270 0.392
202109 0.618 102.095 0.705
202112 0.903 104.853 1.003
202203 0.896 108.651 0.960
202206 0.930 113.517 0.954
202209 0.771 114.371 0.785
202212 0.404 112.428 0.419
202303 0.417 113.620 0.427
202306 0.381 115.515 0.384
202309 0.373 116.234 0.374
202312 0.345 116.465 0.345

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.


Globus Maritime  (NAS:GLBS) 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.


Globus Maritime Cyclically Adjusted PS Ratio Related Terms

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


Globus Maritime (Globus Maritime) Business Description

Traded in Other Exchanges
Address
128 Vouliagmenis Avenue, 3rd Floor, Glyfada, Athens, GRC, 166 74
Globus Maritime Ltd is a dry bulk shipping company that provides marine transportation services internationally. The company owns, operates, and manages a fleet of dry bulk vessels that transport iron ore, coal, grain, steel products, cement, alumina, and other dry bulk cargo. Its operations are managed by its subsidiary which also provides in-house commercial and technical management for its vessels and also offers consulting services for an affiliated ship management company. It generates maximum revenues by charging customers for the use of vessels to transport dry bulk commodities.

Globus Maritime (Globus Maritime) Headlines

From GuruFocus

Globus Maritime Announces Annual Meeting of Shareholders

By PurpleRose PurpleRose 08-22-2022