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Golden Ocean Group (CHIX:GOGLO) Cyclically Adjusted PS Ratio : 1.48 (As of Jun. 04, 2025)


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What is Golden Ocean Group Cyclically Adjusted PS Ratio?

As of today (2025-06-04), Golden Ocean Group's current share price is kr73.55. Golden Ocean Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was kr49.64. Golden Ocean Group's Cyclically Adjusted PS Ratio for today is 1.48.

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

CHIX:GOGLo' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.24   Med: 1.11   Max: 3.32
Current: 1.56

During the past years, Golden Ocean Group's highest Cyclically Adjusted PS Ratio was 3.32. The lowest was 0.24. And the median was 1.11.

CHIX:GOGLo's Cyclically Adjusted PS Ratio is ranked worse than
65.55% of 685 companies
in the Transportation industry
Industry Median: 0.91 vs CHIX:GOGLo: 1.56

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.

Golden Ocean Group's adjusted revenue per share data for the three months ended in Mar. 2025 was kr7.600. 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 kr49.64 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Golden Ocean Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Golden Ocean 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.

Golden Ocean Group Cyclically Adjusted PS Ratio Chart

Golden Ocean Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 1.74 1.76 1.97 2.02

Golden Ocean Group Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2.74 2.97 2.82 2.02 1.68

Competitive Comparison of Golden Ocean Group's Cyclically Adjusted PS Ratio

For the Marine Shipping subindustry, Golden Ocean 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.


Golden Ocean Group's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

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

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


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Golden Ocean 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.

Golden Ocean Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=73.55/49.64
=1.48

* 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.

Golden Ocean Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Golden Ocean Group's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=7.6/134.9266*134.9266
=7.600

Current CPI (Mar. 2025) = 134.9266.

Golden Ocean Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 11.167 100.684 14.965
201509 15.785 100.392 21.215
201512 14.347 99.792 19.398
201603 3.601 100.470 4.836
201606 4.271 101.688 5.667
201609 5.430 101.861 7.193
201612 6.841 101.863 9.062
201703 6.631 102.862 8.698
201706 7.050 103.349 9.204
201709 7.517 104.136 9.740
201712 8.822 104.011 11.444
201803 8.380 105.290 10.739
201806 7.635 106.317 9.690
201809 10.615 106.507 13.447
201812 10.298 105.998 13.109
201903 7.265 107.251 9.140
201906 6.948 108.070 8.675
201909 13.993 108.329 17.429
201912 15.601 108.420 19.415
202003 9.799 108.902 12.141
202006 7.785 108.767 9.657
202009 11.753 109.815 14.441
202012 10.422 109.897 12.796
202103 7.989 111.754 9.646
202106 11.556 114.631 13.602
202109 16.666 115.734 19.430
202112 16.992 117.630 19.491
202203 11.590 121.301 12.892
202206 15.269 125.017 16.479
202209 14.445 125.227 15.564
202212 12.314 125.222 13.268
202303 9.385 127.348 9.944
202306 11.475 128.729 12.027
202309 11.922 129.860 12.387
202312 13.286 129.419 13.851
202403 13.092 131.776 13.405
202406 13.272 132.554 13.510
202409 13.840 133.029 14.037
202412 11.822 133.157 11.979
202503 7.600 134.927 7.600

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.


Golden Ocean Group  (CHIX:GOGLo) 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.


Golden Ocean Group Cyclically Adjusted PS Ratio Related Terms

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


Golden Ocean Group Business Description

Address
14 Par-la-Ville Road, Par-la-Ville Place, Hamilton, BMU, HM 08
Golden Ocean Group Ltd is a Bermuda-based dry bulk shipping company. Its business involves the transportation of dry bulk cargo including ores, coal, grains and fertilizers through its fleet of owned and chartered vessels, bareboat vessels, commercial management vessels and new buildings are chartered-out on fixed rate time charters and index-linked time charter contracts. The Company's single operating segment derives revenue from transporting dry bulk cargoes and chartering vessels to customers on time charter or voyage charter contracts.

Golden Ocean Group Headlines

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