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GLORY (GLYYY) Cyclically Adjusted PS Ratio : 0.57 (As of Jun. 22, 2024)


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What is GLORY Cyclically Adjusted PS Ratio?

As of today (2024-06-22), GLORY's current share price is $18.05. GLORY's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $31.51. GLORY's Cyclically Adjusted PS Ratio for today is 0.57.

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

GLYYY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.55   Med: 0.73   Max: 1.52
Current: 0.68

During the past years, GLORY's highest Cyclically Adjusted PS Ratio was 1.52. The lowest was 0.55. And the median was 0.73.

GLYYY's Cyclically Adjusted PS Ratio is ranked better than
73.35% of 2199 companies
in the Industrial Products industry
Industry Median: 1.4 vs GLYYY: 0.68

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.

GLORY's adjusted revenue per share data for the three months ended in Dec. 2023 was $12.619. 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 $31.51 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


GLORY Cyclically Adjusted PS Ratio Historical Data

The historical data trend for GLORY'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.

GLORY Cyclically Adjusted PS Ratio Chart

GLORY Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.70 0.58 0.76 -

GLORY 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 0.76 0.74 0.74 0.65 -

Competitive Comparison of GLORY's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, GLORY'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.


GLORY's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, GLORY's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



GLORY 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=18.05/31.51
=0.57

* 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.

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

For example, GLORY'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)
=12.619/106.8000*106.8000
=12.619

Current CPI (Dec. 2023) = 106.8000.

GLORY Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 10.414 95.700 11.622
201406 6.083 98.000 6.629
201409 7.905 98.500 8.571
201412 6.553 97.900 7.149
201503 9.411 97.900 10.267
201506 5.510 98.400 5.980
201509 7.515 98.500 8.148
201512 6.870 98.100 7.479
201603 9.127 97.900 9.957
201606 6.660 98.100 7.251
201609 8.388 98.000 9.141
201612 7.486 98.400 8.125
201703 8.702 98.100 9.474
201706 6.657 98.500 7.218
201709 8.047 98.800 8.699
201712 8.052 99.400 8.651
201803 9.835 99.200 10.588
201806 7.009 99.200 7.546
201809 8.728 99.900 9.331
201812 8.328 99.700 8.921
201903 10.209 99.700 10.936
201906 7.518 99.800 8.045
201909 9.093 100.100 9.702
201912 7.930 100.500 8.427
202003 9.687 100.300 10.315
202006 5.856 99.900 6.260
202009 7.877 99.900 8.421
202012 9.090 99.300 9.777
202103 10.817 99.900 11.564
202106 7.242 99.500 7.773
202109 8.206 100.100 8.755
202112 8.031 100.100 8.569
202203 9.416 101.100 9.947
202206 6.660 101.800 6.987
202209 7.176 103.100 7.434
202212 8.799 104.100 9.027
202303 10.405 104.400 10.644
202306 8.866 105.200 9.001
202309 10.636 106.200 10.696
202312 12.619 106.800 12.619

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.


GLORY  (OTCPK:GLYYY) 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.


GLORY Cyclically Adjusted PS Ratio Related Terms

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


GLORY (GLYYY) Business Description

Traded in Other Exchanges
Address
1-3-1 Shimoteno, Himeji City, Hyogo, JPN, 670-8567
GLORY Ltd is a Japan-based company that provides money-handling machines and systems. Its product portfolio includes open teller systems, coin recyclers, multifunction banknote changers, cash monitoring cabinets, card systems, and others. This company primarily operates through four segments. The financial market segment serves financial institutions, OEM clients, and others in Japan. The retail and transportation market segment serves supermarkets, department stores, railroad companies, and others. The amusement market segment sells products and provides services to amusement halls and others. The overseas market segment serves financial institutions, retail stores, casinos and other customers overseas. The company generates almost all its revenue from markets in Asia and the Americas.

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