PRGNF (Paragon Shipping) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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What is Paragon Shipping Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Paragon Shipping  (OTCPK:PRGNF) 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.


Paragon Shipping Cyclically Adjusted PS Ratio Related Terms


Paragon Shipping Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Paragon Shipping'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.

Paragon Shipping Cyclically Adjusted PS Ratio Chart

Paragon Shipping Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.01 0.00

Paragon Shipping Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - 0.01 0.00

PRGNF vs CTRM, GLBS, TOPS: Cyclically Adjusted PS Ratio Comparison

For the Marine Shipping subindustry, Paragon Shipping'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.


Paragon Shipping Cyclically Adjusted PS Ratio vs Transportation Industry

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

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



Paragon Shipping 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.

Paragon Shipping's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec16 is calculated as:

For example, Paragon Shipping's adjusted Revenue per Share data for the fiscal year that ended in Dec16 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec16 (Change)*Current CPI (Dec16)
=16.904/100.1095*100.1095
=16.904

Current CPI (Dec16) = 100.1095.

Paragon Shipping Annual Data

Revenue per Share CPI Adj_RevenuePerShare
200712 159,451.547 92.159 173,207.521
200812 226,665.978 93.971 241,473.072
200912 152,616.163 96.453 158,401.132
201012 85,197.625 101.443 84,077.510
201112 56,991.596 103.893 54,916.064
201212 31,667.313 104.729 30,270.641
201312 16,913.664 102.937 16,449.043
201412 8,921.365 100.254 8,908.480
201512 5,233.284 100.087 5,234.487
201612 16.904 100.110 16.904

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.


Paragon Shipping Business Description

Address 15 Karamanli Avenue, Voula, GRC, 166 73
Paragon Shipping Inc is based in Greece but incorporated in the Marshall Islands, Paragon Shipping owns and operates medium-size dry-bulk ships and rents these assets through multiyear agreements. Paragon outsources its ship management to Allseas, a third-party company. Founded in 2006, the company has expanded to 12 ships from its original six, with plans to continue fleet additions.