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Global Sources (Global Sources) Cyclically Adjusted PS Ratio : (As of Apr. 29, 2024)


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What is Global Sources Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Global Sources Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Global Sources'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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Global Sources Cyclically Adjusted PS Ratio Chart

Global Sources Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted PS Ratio
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Global Sources Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Jun16 Dec16
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Competitive Comparison of Global Sources's Cyclically Adjusted PS Ratio

For the Specialty Business Services subindustry, Global Sources'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.


Global Sources's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Global Sources's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Global Sources 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.

Global Sources's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2016 is calculated as:

For example, Global Sources's adjusted Revenue per Share data for the three months ended in Dec. 2016 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2016 (Change)*Current CPI (Dec. 2016)
=0/101.8627*101.8627
=0.000

Current CPI (Dec. 2016) = 101.8627.

Global Sources Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200609 0.572 85.606 0.681
200612 1.209 85.142 1.446
200703 0.705 86.640 0.829
200706 1.058 87.906 1.226
200709 0.679 87.964 0.786
200712 1.224 88.616 1.407
200803 0.780 90.090 0.882
200806 1.217 92.320 1.343
200809 0.719 92.307 0.793
200812 1.108 88.697 1.272
200903 0.762 89.744 0.865
200906 1.186 91.003 1.328
200909 0.667 91.120 0.746
200912 1.165 91.111 1.302
201003 0.770 91.821 0.854
201006 1.272 91.962 1.409
201009 0.990 92.162 1.094
201012 1.867 92.474 2.057
201103 1.062 94.283 1.147
201106 1.874 95.235 2.004
201109 1.324 95.727 1.409
201112 2.092 95.213 2.238
201203 1.094 96.783 1.151
201206 1.862 96.819 1.959
201209 1.648 97.633 1.719
201212 1.869 96.871 1.965
201303 0.870 98.209 0.902
201306 1.697 98.518 1.755
201309 1.237 98.790 1.275
201312 1.105 98.326 1.145
201403 0.953 99.695 0.974
201406 1.577 100.560 1.597
201409 1.007 100.428 1.021
201412 1.912 99.070 1.966
201503 0.708 99.621 0.724
201506 2.078 100.684 2.102
201509 0.859 100.392 0.872
201512 2.463 99.792 2.514
201606 0.797 101.688 0.798
201612 0.000 101.863 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.


Global Sources  (NAS:GSOL) 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.


Global Sources Cyclically Adjusted PS Ratio Related Terms

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Global Sources (Global Sources) Business Description

Traded in Other Exchanges
N/A
Address
Global Sources Ltd was incorporated in 1970. The Company is a B2B media company that provides information and integrated marketing services, with a focus on the Greater China market. The primary service includes creating and hosting marketing websites that present suppliers' product and company information in a consistent and searchable manner on GlobalSources.com. It also offers banner advertising and publish print and digital trade magazines, which consist of product advertisements from suppliers and independent editorial reports.The Company provides B2B media products and services to stimulate and streamline the marketing and sourcing processes of trade.

Global Sources (Global Sources) Headlines