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Coro Global (Coro Global) Cyclically Adjusted PS Ratio : (As of Jun. 25, 2024)


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What is Coro Global Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Coro Global Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Coro Global'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.

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Coro Global Cyclically Adjusted PS Ratio Chart

Coro Global Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted PS Ratio
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Coro Global Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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Competitive Comparison of Coro Global's Cyclically Adjusted PS Ratio

For the Software - Infrastructure subindustry, Coro Global'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.


Coro Global's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Coro Global's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Coro Global 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.

Coro Global's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2021 is calculated as:

For example, Coro Global's adjusted Revenue per Share data for the three months ended in Jun. 2021 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2021 (Change)*Current CPI (Jun. 2021)
=0/114.6314*114.6314
=0.000

Current CPI (Jun. 2021) = 114.6314.

Coro Global Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201109 466.667 95.727 558.826
201112 460.000 95.213 553.813
201203 70.000 96.783 82.909
201206 3.500 96.819 4.144
201209 3.667 97.633 4.305
201212 2.333 96.871 2.761
201303 2.667 98.209 3.113
201306 1.800 98.518 2.094
201309 2.667 98.790 3.095
201312 1.167 98.326 1.361
201403 1.600 99.695 1.840
201406 1.588 100.560 1.810
201409 0.404 100.428 0.461
201412 0.250 99.070 0.289
201503 0.197 99.621 0.227
201506 0.188 100.684 0.214
201509 0.076 100.392 0.087
201512 0.063 99.792 0.072
201603 0.037 100.470 0.042
201606 0.069 101.688 0.078
201609 0.069 101.861 0.078
201612 0.056 101.863 0.063
201703 0.069 102.862 0.077
201706 0.083 103.349 0.092
201709 0.069 104.136 0.076
201712 0.057 104.011 0.063
201803 0.046 105.290 0.050
201806 0.000 106.317 0.000
201809 0.000 106.507 0.000
201812 0.000 105.998 0.000
201903 0.000 107.251 0.000
201906 0.000 108.070 0.000
201909 0.000 108.329 0.000
201912 0.000 108.420 0.000
202003 0.000 108.902 0.000
202006 0.000 108.767 0.000
202009 0.000 109.815 0.000
202012 0.000 109.897 0.000
202103 0.000 111.754 0.000
202106 0.000 114.631 0.000

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.


Coro Global  (OTCPK:CGLO) 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.


Coro Global Cyclically Adjusted PS Ratio Related Terms

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Coro Global (Coro Global) Business Description

Industry
Traded in Other Exchanges
N/A
Address
78 SW 7th Street, Suite 500, Miami, FL, USA, 33130
Coro Global Inc is a fintech company that is creating a new financial payment system where gold can be used as money in everyday transactions as easily as fiat currencies. Coro's platform is powered by Distributed Ledger Technology, allowing customers to send and receive global payments and exchange currency, including gold, seamlessly and securely.
Executives
John R Bason director C/O MEDEFILE INTERNATIONAL, INC. 2 RIDGEDALE AVENUE, SUITE 217 CEDAR KNOLLS NJ 07927
William R Cullen director 1899 WYNKOOP STE 600 DENVER CO 80202
Anthony Paquin director C/O MEDEFILE INTERNATIONAL, INC. 2 RIDGEDALE AVENUE, SUITE 217 CEDAR KNOLLS NJ 07927
Hauser Milton director, 10 percent owner, officer: President, CEO 2 RIDGEDALE AVENUE SUITE 217 CEDER KNOLLS NJ 07927
Vantage Holding Ltd. 10 percent owner 67 WALL STREET SUITE 2211 NEW YORK NY 10005
Eric Rosenfeld officer: Chief Technical Officer 2 RIDGEDALE AVENUE, SUITE 271 CEDER KNOLLS NJ 07927
David Dorrance officer: VP - Digital Imaging 2 RIDGEDALE AVENUE, SUITE 217 CEDAR KNOLLS NJ 07927

Coro Global (Coro Global) Headlines