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Grand Harbour Marina (MAL:GHM) Cyclically Adjusted PS Ratio : 3.52 (As of May. 11, 2024)


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What is Grand Harbour Marina Cyclically Adjusted PS Ratio?

As of today (2024-05-11), Grand Harbour Marina's current share price is €0.88. Grand Harbour Marina's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec22 was €0.25. Grand Harbour Marina's Cyclically Adjusted PS Ratio for today is 3.52.

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

MAL:GHM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.48   Med: 2.42   Max: 4.68
Current: 3.52

During the past 13 years, Grand Harbour Marina's highest Cyclically Adjusted PS Ratio was 4.68. The lowest was 1.48. And the median was 2.42.

MAL:GHM's Cyclically Adjusted PS Ratio is ranked worse than
77.67% of 636 companies
in the Travel & Leisure industry
Industry Median: 1.505 vs MAL:GHM: 3.52

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.

Grand Harbour Marina's adjusted revenue per share data of for the fiscal year that ended in Dec22 was €0.195. 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 €0.25 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Grand Harbour Marina Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Grand Harbour Marina'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.

Grand Harbour Marina Cyclically Adjusted PS Ratio Chart

Grand Harbour Marina Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.27 1.76 2.26 2.36 4.69

Grand Harbour Marina Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 - 4.69 -

Competitive Comparison of Grand Harbour Marina's Cyclically Adjusted PS Ratio

For the Leisure subindustry, Grand Harbour Marina'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.


Grand Harbour Marina's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

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

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



Grand Harbour Marina 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.

Grand Harbour Marina's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.88/0.25
=3.52

* 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.

Grand Harbour Marina's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Grand Harbour Marina's adjusted Revenue per Share data for the fiscal year that ended in Dec22 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=0.195/125.2218*125.2218
=0.195

Current CPI (Dec22) = 125.2218.

Grand Harbour Marina Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201312 0.315 98.326 0.401
201412 0.170 99.070 0.215
201512 0.186 99.792 0.233
201612 0.212 101.863 0.261
201712 0.207 104.011 0.249
201812 0.236 105.998 0.279
201912 0.206 108.420 0.238
202012 0.205 109.897 0.234
202112 0.181 117.630 0.193
202212 0.195 125.222 0.195

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.


Grand Harbour Marina  (MAL:GHM) 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.


Grand Harbour Marina Cyclically Adjusted PS Ratio Related Terms

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


Grand Harbour Marina (MAL:GHM) Business Description

Traded in Other Exchanges
N/A
Address
Vittoriosa Wharf, Vittoriosa, MLT, BRG 1721
Grand Harbour Marina PLC is a Malta-based marina company. The principal business activities of the company and its joint venture are the acquisition, development, operation, and management of marinas. The group has two reportable segments, Grand Harbour Marina and IC Cesme Marina. The business operates in each of these two operating segments in the ownership and operation of marina facilities providing berthing and ancillary services for yachts and super-yachts. It generates maximum revenue from the Grand Harbour Marina segment.

Grand Harbour Marina (MAL:GHM) Headlines

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