GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » GSK PLC (BSP:G1SK34) » Definitions » Cyclically Adjusted PS Ratio

GSK (BSP:G1SK34) Cyclically Adjusted PS Ratio : 2.01 (As of Apr. 27, 2024)


View and export this data going back to 2020. Start your Free Trial

What is GSK Cyclically Adjusted PS Ratio?

As of today (2024-04-27), GSK's current share price is R$42.08. GSK's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was R$20.98. GSK's Cyclically Adjusted PS Ratio for today is 2.01.

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

BSP:G1SK34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.57   Med: 2.1   Max: 2.72
Current: 1.98

During the past years, GSK's highest Cyclically Adjusted PS Ratio was 2.72. The lowest was 1.57. And the median was 2.10.

BSP:G1SK34's Cyclically Adjusted PS Ratio is ranked better than
51.77% of 736 companies
in the Drug Manufacturers industry
Industry Median: 2.06 vs BSP:G1SK34: 1.98

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.

GSK's adjusted revenue per share data for the three months ended in Dec. 2023 was R$12.122. 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 R$20.98 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


GSK Cyclically Adjusted PS Ratio Historical Data

The historical data trend for GSK'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.

GSK Cyclically Adjusted PS Ratio Chart

GSK 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 2.35 1.82 2.11 1.75 1.74

GSK Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.75 1.73 1.66 1.78 1.74

Competitive Comparison of GSK's Cyclically Adjusted PS Ratio

For the Drug Manufacturers - General subindustry, GSK'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.


GSK's Cyclically Adjusted PS Ratio Distribution in the Drug Manufacturers Industry

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

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



GSK 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.

GSK's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=42.08/20.98
=2.01

* 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.

GSK's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, GSK's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=12.122/130.0000*130.0000
=12.122

Current CPI (Dec. 2023) = 130.0000.

GSK Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 5.569 99.300 7.291
201406 5.396 99.800 7.029
201409 5.524 100.000 7.181
201412 6.645 99.900 8.647
201503 6.788 99.600 8.860
201506 7.319 100.100 9.505
201509 9.401 100.200 12.197
201512 9.254 100.400 11.982
201603 8.388 100.400 10.861
201606 8.171 101.000 10.517
201609 8.221 101.500 10.529
201612 8.010 102.200 10.189
201703 7.246 102.700 9.172
201706 7.900 103.500 9.923
201709 8.297 104.300 10.341
201712 8.484 105.000 10.504
201803 8.360 105.100 10.341
201806 9.236 105.900 11.338
201809 10.926 106.600 13.324
201812 10.102 107.100 12.262
201903 9.734 107.000 11.826
201906 9.557 107.900 11.514
201909 11.945 108.400 14.325
201912 11.824 108.500 14.167
202003 13.715 108.600 16.418
202006 12.320 108.800 14.721
202009 14.999 109.200 17.856
202012 -1.723 109.400 -2.047
202103 14.388 109.700 17.051
202106 10.196 111.400 11.898
202109 11.854 112.400 13.710
202112 13.103 114.700 14.851
202203 11.594 116.500 12.938
202206 8.479 120.500 9.147
202209 11.373 122.300 12.089
202212 11.522 125.300 11.954
202303 10.756 126.800 11.027
202306 8.598 129.400 8.638
202309 12.110 130.100 12.101
202312 12.122 130.000 12.122

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.


GSK  (BSP:G1SK34) 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.


GSK Cyclically Adjusted PS Ratio Related Terms

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


GSK (BSP:G1SK34) Business Description

Industry
Address
980 Great West Road, Brentford, Middlesex, GBR, TW8 9GS
In the pharmaceutical industry, GSK ranks as one of the largest companies by total sales. The company wields its might across several therapeutic classes, including respiratory, cancer, and antiviral, as well as vaccines. GSK uses joint ventures to gain additional scale in certain markets like HIV.

GSK (BSP:G1SK34) Headlines

No Headlines