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Globe International Carriers (NSE:GICL) Cyclically Adjusted PS Ratio : (As of Jun. 15, 2024)


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What is Globe International Carriers Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Globe International Carriers Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Globe International Carriers'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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Globe International Carriers Cyclically Adjusted PS Ratio Chart

Globe International Carriers Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
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Globe International Carriers Semi-Annual Data
Mar12 Mar13 Mar14 Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Mar23
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Competitive Comparison of Globe International Carriers's Cyclically Adjusted PS Ratio

For the Integrated Freight & Logistics subindustry, Globe International Carriers'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.


Globe International Carriers's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Globe International Carriers's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Globe International Carriers 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.

Globe International Carriers's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Globe International Carriers's adjusted Revenue per Share data for the fiscal year that ended in Mar23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=56.562/146.8646*146.8646
=56.562

Current CPI (Mar23) = 146.8646.

Globe International Carriers Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 53.093 91.425 85.288
201503 56.841 97.163 85.917
201603 51.149 102.518 73.275
201703 64.904 105.196 90.613
201803 57.217 109.786 76.541
201903 57.922 118.202 71.967
202003 43.593 124.705 51.339
202103 49.863 131.771 55.575
202203 107.209 138.822 113.420
202303 56.562 146.865 56.562

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.


Globe International Carriers  (NSE:GICL) 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.


Globe International Carriers Cyclically Adjusted PS Ratio Related Terms

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Globe International Carriers (NSE:GICL) Business Description

Traded in Other Exchanges
N/A
Address
Near Mayank Trade Centre, Station Road, 301 - 306, Prakash deep Complex, Jaipur, RJ, IND, 302006
Globe International Carriers Ltd is an Indian company engaged in the business of providing services for transportation as a Goods Transport Agency. Its services include supply chain management, customs clearance, bulk transportation, transportation of all types of industries goods, bulk transportation, and other related services through open/closed body vehicles and two/three/four-wheeler vehicles, as well as packing and unpacking services of goods. The company provides services within India.

Globe International Carriers (NSE:GICL) Headlines

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