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Golden Ocean Group (OSTO:GOGLO) Cyclically Adjusted Revenue per Share : kr50.17 (As of Jun. 2024)


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What is Golden Ocean Group Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Golden Ocean Group's adjusted revenue per share for the three months ended in Jun. 2024 was kr13.251. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is kr50.17 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Golden Ocean Group's average Cyclically Adjusted Revenue Growth Rate was -1.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -1.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -10.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Golden Ocean Group was 4.90% per year. The lowest was -16.80% per year. And the median was -6.60% per year.

As of today (2024-09-26), Golden Ocean Group's current stock price is kr136.35. Golden Ocean Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was kr50.17. Golden Ocean Group's Cyclically Adjusted PS Ratio of today is 2.72.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Golden Ocean Group was 3.32. The lowest was 0.24. And the median was 1.09.


Golden Ocean Group Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Golden Ocean Group's Cyclically Adjusted Revenue per Share 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.

Golden Ocean Group Cyclically Adjusted Revenue per Share Chart

Golden Ocean Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.51 42.99 45.54 49.81 50.28

Golden Ocean Group Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Cyclically Adjusted Revenue per Share 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 49.69 50.17 50.28 49.12 50.17

Competitive Comparison of Golden Ocean Group's Cyclically Adjusted Revenue per Share

For the Marine Shipping subindustry, Golden Ocean Group'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.


Golden Ocean Group's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

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

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



Golden Ocean Group Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Golden Ocean Group's adjusted Revenue per Share data for the three months ended in Jun. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=13.251/132.5538*132.5538
=13.251

Current CPI (Jun. 2024) = 132.5538.

Golden Ocean Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 10.440 100.428 13.780
201412 14.996 99.070 20.064
201503 3.768 99.621 5.014
201506 11.167 100.684 14.702
201509 15.785 100.392 20.842
201512 14.347 99.792 19.057
201603 3.601 100.470 4.751
201606 4.271 101.688 5.567
201609 5.430 101.861 7.066
201612 6.841 101.863 8.902
201703 6.631 102.862 8.545
201706 7.050 103.349 9.042
201709 7.517 104.136 9.568
201712 8.822 104.011 11.243
201803 8.380 105.290 10.550
201806 7.635 106.317 9.519
201809 10.615 106.507 13.211
201812 10.298 105.998 12.878
201903 7.265 107.251 8.979
201906 6.948 108.070 8.522
201909 13.993 108.329 17.122
201912 15.601 108.420 19.074
202003 9.799 108.902 11.927
202006 7.785 108.767 9.488
202009 11.753 109.815 14.187
202012 10.422 109.897 12.571
202103 7.989 111.754 9.476
202106 11.556 114.631 13.363
202109 16.666 115.734 19.088
202112 16.992 117.630 19.148
202203 11.590 121.301 12.665
202206 15.269 125.017 16.190
202209 14.445 125.227 15.290
202212 12.314 125.222 13.035
202303 9.385 127.348 9.769
202306 11.475 128.729 11.816
202309 11.922 129.860 12.169
202312 13.285 129.419 13.607
202403 13.113 131.776 13.190
202406 13.251 132.554 13.251

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Golden Ocean Group  (OSTO:GOGLo) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Golden Ocean Group's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=136.35/50.17
=2.72

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Golden Ocean Group was 3.32. The lowest was 0.24. And the median was 1.09.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Golden Ocean Group Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Golden Ocean Group's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Golden Ocean Group Business Description

Industry
Address
14 Par-la-Ville Road, Par-la-Ville Place, Hamilton, BMU, HM 08
Golden Ocean Group Ltd is a Bermuda-based dry bulk shipping company. Its business involves the transportation of dry bulk cargo including ores, coal, grains and fertilizers through its fleet of owned and chartered vessels, bareboat vessels, commercial management vessels and new buildings are chartered-out on fixed rate time charters and index-linked time charter contracts.

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