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goeasy (FRA:1ES) Cyclically Adjusted PS Ratio : 4.07 (As of Jun. 20, 2024)


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What is goeasy Cyclically Adjusted PS Ratio?

As of today (2024-06-20), goeasy's current share price is €126.60. goeasy's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €31.11. goeasy's Cyclically Adjusted PS Ratio for today is 4.07.

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

FRA:1ES' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.72   Med: 1.96   Max: 7.49
Current: 4.16

During the past years, goeasy's highest Cyclically Adjusted PS Ratio was 7.49. The lowest was 0.72. And the median was 1.96.

FRA:1ES's Cyclically Adjusted PS Ratio is ranked worse than
58.02% of 393 companies
in the Credit Services industry
Industry Median: 2.99 vs FRA:1ES: 4.16

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.

goeasy's adjusted revenue per share data for the three months ended in Mar. 2024 was €14.015. 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 €31.11 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


goeasy Cyclically Adjusted PS Ratio Historical Data

The historical data trend for goeasy'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.

goeasy Cyclically Adjusted PS Ratio Chart

goeasy 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 2.83 3.59 5.73 2.85 3.62

goeasy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.45 2.72 2.52 3.62 3.50

Competitive Comparison of goeasy's Cyclically Adjusted PS Ratio

For the Credit Services subindustry, goeasy'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.


goeasy's Cyclically Adjusted PS Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, goeasy's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



goeasy 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.

goeasy's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=126.60/31.11
=4.07

* 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.

goeasy's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, goeasy's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=14.015/126.2576*126.2576
=14.015

Current CPI (Mar. 2024) = 126.2576.

goeasy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.101 99.473 3.936
201409 3.310 99.394 4.205
201412 3.479 98.367 4.465
201503 3.687 99.789 4.665
201506 3.733 100.500 4.690
201509 3.733 100.421 4.693
201512 3.947 99.947 4.986
201603 4.128 101.054 5.158
201606 4.250 102.002 5.261
201609 4.307 101.765 5.344
201612 4.676 101.449 5.820
201703 4.667 102.634 5.741
201706 4.823 103.029 5.910
201709 5.189 103.345 6.339
201712 3.801 103.345 4.644
201803 4.647 105.004 5.588
201806 5.201 105.557 6.221
201809 5.484 105.636 6.555
201812 5.577 105.399 6.681
201903 5.757 106.979 6.794
201906 6.141 107.690 7.200
201909 6.660 107.611 7.814
201912 7.032 107.769 8.238
202003 6.735 107.927 7.879
202006 6.275 108.401 7.309
202009 6.519 108.164 7.609
202012 7.116 108.559 8.276
202103 7.249 110.298 8.298
202106 8.197 111.720 9.264
202109 8.502 112.905 9.507
202112 9.408 113.774 10.440
202203 9.891 117.646 10.615
202206 11.253 120.806 11.761
202209 12.026 120.648 12.585
202212 11.344 120.964 11.840
202303 11.487 122.702 11.820
202306 12.335 124.203 12.539
202309 12.995 125.230 13.102
202312 13.438 125.072 13.565
202403 14.015 126.258 14.015

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.


goeasy  (FRA:1ES) 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.


goeasy Cyclically Adjusted PS Ratio Related Terms

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


goeasy (FRA:1ES) Business Description

Traded in Other Exchanges
Address
33 City Centre Drive, Suite 510, Mississauga, ON, CAN, L5B 2N5
goeasy Ltd provides financial services company. The principal operating activities of the Company include: providing loans and other financial services to consumers and leasing household products to consumers. Customers can transact seamlessly through an omnichannel model that includes online and mobile platforms. The Company operates in two reportable segments: easyfinancial and easyhome. The easyfinancial reportable segment lends out capital in the form of unsecured and secured consumer loans to nonprime borrowers. easyfinancial's product offering consists of unsecured and real estate-secured installment loans. The key revenue of the company is generated from easyfinancial.

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