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GreenPower Motor Company (GreenPower Motor Company) Cyclically Adjusted PS Ratio : 1.16 (As of Jun. 19, 2024)


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What is GreenPower Motor Company Cyclically Adjusted PS Ratio?

As of today (2024-06-19), GreenPower Motor Company's current share price is $1.11. GreenPower Motor Company's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $0.96. GreenPower Motor Company's Cyclically Adjusted PS Ratio for today is 1.16.

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

GP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.2   Med: 5.47   Max: 55.35
Current: 1.2

During the past years, GreenPower Motor Company's highest Cyclically Adjusted PS Ratio was 55.35. The lowest was 1.20. And the median was 5.47.

GP's Cyclically Adjusted PS Ratio is ranked worse than
58.38% of 173 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.01 vs GP: 1.20

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.

GreenPower Motor Company's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.327. 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 $0.96 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


GreenPower Motor Company Cyclically Adjusted PS Ratio Historical Data

The historical data trend for GreenPower Motor Company'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.

GreenPower Motor Company Cyclically Adjusted PS Ratio Chart

GreenPower Motor Company Annual Data
Trend Feb14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 41.10 10.18 2.82

GreenPower Motor Company Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 2.36 2.82 2.83 3.43 3.26

Competitive Comparison of GreenPower Motor Company's Cyclically Adjusted PS Ratio

For the Farm & Heavy Construction Machinery subindustry, GreenPower Motor Company'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.


GreenPower Motor Company's Cyclically Adjusted PS Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, GreenPower Motor Company's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



GreenPower Motor Company 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.

GreenPower Motor Company's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.11/0.96
=1.16

* 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.

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

For example, GreenPower Motor Company'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)
=0.327/125.0724*125.0724
=0.327

Current CPI (Dec. 2023) = 125.0724.

GreenPower Motor Company Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201402 0.000 98.051 0.000
201405 0.000 99.394 0.000
201408 0.000 99.315 0.000
201411 0.000 99.078 0.000
201503 0.000 99.789 0.000
201506 0.001 100.500 0.001
201509 0.000 100.421 0.000
201512 0.000 99.947 0.000
201603 0.000 101.054 0.000
201606 0.000 102.002 0.000
201609 0.000 101.765 0.000
201612 0.000 101.449 0.000
201703 0.000 102.634 0.000
201706 0.002 103.029 0.002
201709 0.002 103.345 0.002
201712 0.002 103.345 0.002
201803 0.260 105.004 0.310
201806 0.186 105.557 0.220
201809 0.001 105.636 0.001
201812 0.083 105.399 0.098
201903 0.186 106.979 0.217
201906 0.168 107.690 0.195
201909 0.353 107.611 0.410
201912 0.322 107.769 0.374
202003 0.100 107.927 0.116
202006 0.147 108.401 0.170
202009 0.169 108.164 0.195
202012 0.123 108.559 0.142
202103 0.279 110.298 0.316
202106 0.142 111.720 0.159
202109 0.213 112.905 0.236
202112 0.239 113.774 0.263
202203 0.192 117.646 0.204
202206 0.166 120.806 0.172
202209 0.334 120.648 0.346
202212 0.547 120.964 0.566
202303 0.628 122.702 0.640
202306 0.706 124.203 0.711
202309 0.338 125.230 0.338
202312 0.327 125.072 0.327

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.


GreenPower Motor Company  (NAS:GP) 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.


GreenPower Motor Company Cyclically Adjusted PS Ratio Related Terms

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


GreenPower Motor Company (GreenPower Motor Company) Business Description

Traded in Other Exchanges
Address
209 Carrall Street, Suite 240, Vancouver, BC, CAN, V6B 2J2
GreenPower Motor Company Inc is the manufacturer and distributor of all-electric charter, school and city buses. The company offers electric-powered transit buses deploying electric drive and battery technologies with a lightweight chassis and low-floor body. Its product line includes All-electric transit buses and All-electric school and shuttle buses. The company's buses depend on clean sheet design and utilise a custom battery management system and a proprietary flex power system for the drive motors. The company operates in one reportable operating segment, being the manufacture and distribution of all-electric transit, school, and charter buses.
Executives
Fraser Atkinson director, 10 percent owner, officer: CEO and Chairman C/O EQUUS TOTAL RETURN, INC., 8 GREENWAY PLAZA, SUITE 930, HOUSTON TX 77046