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Generation Development Group (ASX:GDG) Cyclically Adjusted PS Ratio : 7.45 (As of Apr. 29, 2024)


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What is Generation Development Group Cyclically Adjusted PS Ratio?

As of today (2024-04-29), Generation Development Group's current share price is A$2.31. Generation Development Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun23 was A$0.31. Generation Development Group's Cyclically Adjusted PS Ratio for today is 7.45.

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

ASX:GDG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2   Med: 5.06   Max: 8.11
Current: 7.1

During the past 13 years, Generation Development Group's highest Cyclically Adjusted PS Ratio was 8.11. The lowest was 2.00. And the median was 5.06.

ASX:GDG's Cyclically Adjusted PS Ratio is ranked better than
51.65% of 881 companies
in the Asset Management industry
Industry Median: 7.38 vs ASX:GDG: 7.10

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.

Generation Development Group's adjusted revenue per share data of for the fiscal year that ended in Jun23 was A$1.260. 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 A$0.31 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Generation Development Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Generation Development Group'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.

Generation Development Group Cyclically Adjusted PS Ratio Chart

Generation Development Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.33 4.18 3.14 7.11 4.08

Generation Development Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - 7.11 - 4.08 -

Competitive Comparison of Generation Development Group's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Generation Development Group'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.


Generation Development Group's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Generation Development Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Generation Development Group 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.

Generation Development Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.31/0.31
=7.45

* 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.

Generation Development Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Generation Development Group's adjusted Revenue per Share data for the fiscal year that ended in Jun23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=1.26/124.1700*124.1700
=1.260

Current CPI (Jun23) = 124.1700.

Generation Development Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.058 98.352 0.073
201506 0.069 99.838 0.086
201606 0.072 100.859 0.089
201706 0.079 102.809 0.095
201806 0.080 104.945 0.095
201906 0.702 106.617 0.818
202006 -0.216 106.246 -0.252
202106 1.637 110.332 1.842
202206 -0.974 117.112 -1.033
202306 1.260 124.170 1.260

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.


Generation Development Group  (ASX:GDG) 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.


Generation Development Group Cyclically Adjusted PS Ratio Related Terms

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


Generation Development Group (ASX:GDG) Business Description

Traded in Other Exchanges
N/A
Address
447 Collins Street, Level 17, Melbourne, VIC, AUS, 3000
Generation Development Group Ltd operates as a registered Pooled Development Fund specializing in providing development capital to financial sector businesses. It offers investment bond products, management of life insurance and life investment products and services to the retail sector in Australia, and the provision of administration services in the financial services industry. The Group's revenue consists of management fees for the rendering services, and distribution and dividends income from investments. Other sources of revenue include interest income from term deposit investments.

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