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GRAVITY Co (FRA:GD8A) Cyclically Adjusted PS Ratio : (As of Apr. 29, 2024)


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What is GRAVITY Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


GRAVITY Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for GRAVITY Co'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.

GRAVITY Co Cyclically Adjusted PS Ratio Chart

GRAVITY Co 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 2.51 9.40 2.80 1.35 -

GRAVITY Co 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 1.35 1.82 2.04 1.88 -

Competitive Comparison of GRAVITY Co's Cyclically Adjusted PS Ratio

For the Electronic Gaming & Multimedia subindustry, GRAVITY Co'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.


GRAVITY Co's Cyclically Adjusted PS Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, GRAVITY Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



GRAVITY Co 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.

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

For example, GRAVITY Co'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)
=14.725/118.8477*118.8477
=14.725

Current CPI (Dec. 2023) = 118.8477.

GRAVITY Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.046 99.253 1.253
201406 1.065 99.353 1.274
201409 1.029 99.608 1.228
201412 0.987 99.098 1.184
201503 1.084 99.720 1.292
201506 1.062 100.050 1.262
201509 0.939 100.110 1.115
201512 0.983 100.220 1.166
201603 0.995 100.560 1.176
201606 0.996 100.790 1.174
201609 1.822 101.460 2.134
201612 2.018 101.560 2.362
201703 2.771 102.850 3.202
201706 3.061 102.610 3.545
201709 2.531 103.490 2.907
201712 7.582 102.990 8.749
201803 7.233 104.100 8.258
201806 7.094 104.130 8.097
201809 4.868 105.650 5.476
201812 12.761 104.350 14.534
201903 15.039 104.490 17.105
201906 8.477 104.880 9.606
201909 8.488 105.200 9.589
201912 7.900 105.120 8.932
202003 7.832 105.540 8.820
202006 9.366 104.870 10.614
202009 13.682 106.200 15.311
202012 12.160 105.765 13.664
202103 11.236 107.357 12.439
202106 8.896 107.579 9.828
202109 13.420 108.759 14.665
202112 10.392 109.676 11.261
202203 9.484 111.806 10.081
202206 10.286 114.083 10.716
202209 10.656 114.831 11.029
202212 18.495 115.200 19.081
202303 16.975 116.550 17.310
202306 24.460 117.140 24.817
202309 17.801 119.111 17.762
202312 14.725 118.848 14.725

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.


GRAVITY Co  (FRA:GD8A) 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.


GRAVITY Co Cyclically Adjusted PS Ratio Related Terms

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


GRAVITY Co (FRA:GD8A) Business Description

Traded in Other Exchanges
Address
15th Floor, 396 World Cup buk-ro, Mapo-gu, Seoul, KOR, 03925
GRAVITY Co Ltd is an online and mobile games developer and publisher based in Korea. Its principal product, Ragnarok Online, is an online game which is available in more than 91 markets. Its games include Ragnarok Online, Requiem, Dragonica (Dragon Saga), Ragnarok Online II, Requiem Online, and R.O.S.E. Online. The company generates revenue from online games, mobile games and other sources including character based merchandise and animation.

GRAVITY Co (FRA:GD8A) Headlines

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