GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » GL Ltd (GREY:GUORF) » Definitions » Cyclically Adjusted PS Ratio

GL (GUORF) Cyclically Adjusted PS Ratio : (As of May. 26, 2024)


View and export this data going back to . Start your Free Trial

What is GL Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


GL Cyclically Adjusted PS Ratio Historical Data

The historical data trend for GL'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.

GL Cyclically Adjusted PS Ratio Chart

GL Annual Data
Trend Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

GL Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20
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 - - - - -

Competitive Comparison of GL's Cyclically Adjusted PS Ratio

For the Lodging subindustry, GL'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.


GL's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, GL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



GL 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.

GL's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun20 is calculated as:

For example, GL's adjusted Revenue per Share data for the fiscal year that ended in Jun20 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun20 (Change)*Current CPI (Jun20)
=0.199/108.7673*108.7673
=0.199

Current CPI (Jun20) = 108.7673.

GL Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201106 0.328 95.235 0.375
201206 0.279 96.819 0.313
201306 0.288 98.518 0.318
201406 0.354 100.560 0.383
201506 0.326 100.684 0.352
201606 0.303 101.688 0.324
201706 0.266 103.349 0.280
201806 0.265 106.317 0.271
201906 0.269 108.070 0.271
202006 0.199 108.767 0.199

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.


GL  (GREY:GUORF) 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.


GL Cyclically Adjusted PS Ratio Related Terms

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


GL (GUORF) Business Description

Traded in Other Exchanges
N/A
Address
1 Wallich Street, No. 15-02 Guoco Tower, Singapore, SGP, 078881
GL Ltd is a holding company, primarily operating in the lodging industry. The company has several business segments that include hotels, oil & gas, property development, and Others. The hotel segment wholly owns, manages, and leases hotel chains in the United Kingdom. The oil & gas segment owns the rights to royalties for the production of oil and natural gas in the Bass Strait in Australia. The property development section owns properties in Hawaii and London. The Others segment covers the Group's other investments, treasury operations, and corporate office. The company generates the vast majority of its revenue in the U.K.

GL (GUORF) Headlines

No Headlines