GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Goodness Growth Holdings Inc (STU:0ZF0) » Definitions » Cyclically Adjusted PS Ratio

Goodness Growth Holdings (STU:0ZF0) Cyclically Adjusted PS Ratio : 0.60 (As of Jun. 08, 2024)


View and export this data going back to 2019. Start your Free Trial

What is Goodness Growth Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Goodness Growth Holdings's current share price is €1.98. Goodness Growth Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €3.31. Goodness Growth Holdings's Cyclically Adjusted PS Ratio for today is 0.60.

The historical rank and industry rank for Goodness Growth Holdings's Cyclically Adjusted PS Ratio or its related term are showing as below:

STU:0ZF0' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.17   Med: 1.44   Max: 12.29
Current: 0.99

During the past years, Goodness Growth Holdings's highest Cyclically Adjusted PS Ratio was 12.29. The lowest was 0.17. And the median was 1.44.

STU:0ZF0's Cyclically Adjusted PS Ratio is ranked better than
71.2% of 743 companies
in the Drug Manufacturers industry
Industry Median: 2.05 vs STU:0ZF0: 0.99

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.

Goodness Growth Holdings's adjusted revenue per share data for the three months ended in Mar. 2024 was €0.155. 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 €3.31 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Goodness Growth Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Goodness Growth Holdings'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.

Goodness Growth Holdings Cyclically Adjusted PS Ratio Chart

Goodness Growth Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.29 2.14 2.72 0.26 0.37

Goodness Growth Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.19 0.26 0.27 0.37 0.60

Competitive Comparison of Goodness Growth Holdings's Cyclically Adjusted PS Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Goodness Growth Holdings'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.


Goodness Growth Holdings's Cyclically Adjusted PS Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Goodness Growth Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Goodness Growth Holdings 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.

Goodness Growth Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.98/3.31
=0.60

* 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.

Goodness Growth Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Goodness Growth Holdings's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.155/126.2576*126.2576
=0.155

Current CPI (Mar. 2024) = 126.2576.

Goodness Growth Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.000 99.473 0.000
201409 0.000 99.394 0.000
201412 0.000 98.367 0.000
201503 0.000 99.789 0.000
201506 0.000 100.500 0.000
201509 0.000 100.421 0.000
201512 0.000 99.947 0.000
201603 0.000 101.054 0.000
201606 0.000 102.002 0.000
201609 0.000 101.765 0.000
201612 0.000 101.449 0.000
201703 0.000 102.634 0.000
201706 0.000 103.029 0.000
201709 0.000 103.345 0.000
201712 0.000 103.345 0.000
201803 0.000 105.004 0.000
201806 0.000 105.557 0.000
201809 0.000 105.636 0.000
201812 0.000 105.399 0.000
201903 0.086 106.979 0.101
201906 0.257 107.690 0.301
201909 0.267 107.611 0.313
201912 0.115 107.769 0.135
202003 0.124 107.927 0.145
202006 0.110 108.401 0.128
202009 0.094 108.164 0.110
202012 0.098 108.559 0.114
202103 0.095 110.298 0.109
202106 0.094 111.720 0.106
202109 0.090 112.905 0.101
202112 0.095 113.774 0.105
202203 0.111 117.646 0.119
202206 0.156 120.806 0.163
202209 0.149 120.648 0.156
202212 0.140 120.964 0.146
202303 0.139 122.702 0.143
202306 0.145 124.203 0.147
202309 0.164 125.230 0.165
202312 0.155 125.072 0.156
202403 0.155 126.258 0.155

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.


Goodness Growth Holdings  (STU:0ZF0) 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.


Goodness Growth Holdings Cyclically Adjusted PS Ratio Related Terms

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


Goodness Growth Holdings (STU:0ZF0) Business Description

Traded in Other Exchanges
Address
885 West Georgia Street, Suite 2200 HSBC Building, Vancouver, BC, CAN, V6C 3E8
Goodness Growth Holdings Inc is a cannabis company whose mission is to provide safe access, quality products and value to its customers while supporting its local communities through active participation and restorative justice programs. It operates in one business segment, namely the Cannabis segment that cultivates, processes, and distributes medical and adult-use cannabis products in a variety of formats, as well as related accessories in Maryland, Minnesota, New Mexico, New York, and formerly Arizona, and Ohio.

Goodness Growth Holdings (STU:0ZF0) Headlines

No Headlines