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Springs Global Participacoes (BSP:SGPS3) Cyclically Adjusted PS Ratio : (As of Apr. 29, 2024)


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What is Springs Global Participacoes Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Springs Global Participacoes Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Springs Global Participacoes'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.

Springs Global Participacoes Cyclically Adjusted PS Ratio Chart

Springs Global Participacoes Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.24 0.16 0.10 0.03

Springs Global Participacoes Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.11 0.06 0.05 0.03 -

Competitive Comparison of Springs Global Participacoes's Cyclically Adjusted PS Ratio

For the Textile Manufacturing subindustry, Springs Global Participacoes'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.


Springs Global Participacoes's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Springs Global Participacoes's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Springs Global Participacoes 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.

Springs Global Participacoes's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2023 is calculated as:

For example, Springs Global Participacoes's adjusted Revenue per Share data for the three months ended in Mar. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=3.427/153.3524*153.3524
=3.427

Current CPI (Mar. 2023) = 153.3524.

Springs Global Participacoes Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201306 9.376 86.214 16.677
201309 10.976 86.749 19.403
201312 10.563 88.522 18.299
201403 10.116 90.447 17.152
201406 9.470 91.838 15.813
201409 10.930 92.602 18.101
201412 11.323 94.194 18.434
201503 10.967 97.799 17.197
201506 10.171 100.006 15.596
201509 12.021 101.392 18.181
201512 12.184 104.247 17.923
201603 12.053 106.979 17.278
201606 10.364 108.851 14.601
201609 0.000 109.986 0.000
201612 0.000 110.802 0.000
201703 10.324 111.869 14.152
201706 10.808 112.115 14.783
201709 11.376 112.777 15.469
201712 -4.225 114.068 -5.680
201803 6.723 114.868 8.975
201806 6.156 117.038 8.066
201809 7.603 117.881 9.891
201812 6.935 118.340 8.987
201903 6.813 120.124 8.698
201906 6.565 120.977 8.322
201909 7.609 121.292 9.620
201912 7.464 123.436 9.273
202003 6.048 124.092 7.474
202006 5.266 123.557 6.536
202009 8.796 125.095 10.783
202012 10.592 129.012 12.590
202103 8.607 131.660 10.025
202106 7.701 133.871 8.822
202109 9.071 137.913 10.087
202112 9.035 141.992 9.758
202203 7.626 146.537 7.981
202206 6.346 149.784 6.497
202209 5.932 147.800 6.155
202212 4.445 150.207 4.538
202303 3.427 153.352 3.427

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.


Springs Global Participacoes  (BSP:SGPS3) 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.


Springs Global Participacoes Cyclically Adjusted PS Ratio Related Terms

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Springs Global Participacoes (BSP:SGPS3) Business Description

Traded in Other Exchanges
N/A
Address
Avenue Lincoln Alves Dos Santos. 955, Montes Claros, MG, BRA, 39404005
Springs Global Participacoes SA is engaged in the textile industry. The company operates in the business of spinning, weaving, finishing, and manufacturing home textile products, bed and bath textile articles such as tablecloths, bed sheets, pillowcases, mattress pads, blankets, towels, shower curtains and bath accessories. The firm operates in Wholesale and Retail business units. It operates production facilities in Brazil, Argentina, and the United States. The wholesale unit accounts for the majority of revenue.

Springs Global Participacoes (BSP:SGPS3) Headlines

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