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The Goldfield (The Goldfield) Cyclically Adjusted PS Ratio : (As of Apr. 27, 2024)


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What is The Goldfield Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


The Goldfield Cyclically Adjusted PS Ratio Historical Data

The historical data trend for The Goldfield'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.

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The Goldfield Cyclically Adjusted PS Ratio Chart

The Goldfield Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cyclically Adjusted PS Ratio
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The Goldfield Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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Competitive Comparison of The Goldfield's Cyclically Adjusted PS Ratio

For the Engineering & Construction subindustry, The Goldfield'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.


The Goldfield's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, The Goldfield's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



The Goldfield 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.

The Goldfield's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2020 is calculated as:

For example, The Goldfield's adjusted Revenue per Share data for the three months ended in Sep. 2020 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2020 (Change)*Current CPI (Sep. 2020)
=1.972/109.8149*109.8149
=1.972

Current CPI (Sep. 2020) = 109.8149.

The Goldfield Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201012 0.344 92.474 0.409
201103 0.350 94.283 0.408
201106 0.294 95.235 0.339
201109 0.197 95.727 0.226
201112 0.449 95.213 0.518
201203 0.697 96.783 0.791
201206 0.726 96.819 0.823
201209 0.773 97.633 0.869
201212 1.011 96.871 1.146
201303 0.885 98.209 0.990
201306 0.808 98.518 0.901
201309 0.916 98.790 1.018
201312 0.896 98.326 1.001
201403 0.862 99.695 0.950
201406 0.995 100.560 1.087
201409 0.890 100.428 0.973
201412 1.118 99.070 1.239
201503 1.200 99.621 1.323
201506 1.314 100.684 1.433
201509 1.063 100.392 1.163
201512 1.159 99.792 1.275
201603 1.405 100.470 1.536
201606 1.267 101.688 1.368
201609 1.204 101.861 1.298
201612 1.248 101.863 1.345
201703 1.207 102.862 1.289
201706 1.144 103.349 1.216
201709 0.963 104.136 1.016
201712 1.164 104.011 1.229
201803 1.353 105.290 1.411
201806 1.474 106.317 1.522
201809 1.160 106.507 1.196
201812 1.450 105.998 1.502
201903 1.936 107.251 1.982
201906 1.810 108.070 1.839
201909 1.824 108.329 1.849
201912 1.796 108.420 1.819
202003 1.828 108.902 1.843
202006 1.949 108.767 1.968
202009 1.972 109.815 1.972

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.


The Goldfield  (AMEX:GV) 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.


The Goldfield Cyclically Adjusted PS Ratio Related Terms

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


The Goldfield (The Goldfield) Business Description

Traded in Other Exchanges
N/A
Address
1684 West Hibiscus Boulevard, Melbourne, FL, USA, 32901
The Goldfield Corp operates in the energy infrastructure industry. It is primarily engaged in the construction of electrical infrastructure for the utility industry and industrial customers. The company specializes in installing and maintaining electrical transmission lines for a wide range of electric utilities. It is also a real estate developer of residential properties on the east coast of Florida. The principal market for its electrical construction operation is primarily in the Southeast and mid-Atlantic regions of the United States and Texas. The company operates in the segments of Electrical construction and Real estate development, of which a majority of the revenue is derived from the Electrical construction segment.
Executives
Jason M Spivey officer: CoCEO,President of PCA,SEP,PFI 7401 SUNNYSIDE DRIVE LEESBURG FL 34748-9169
Stephen R Wherry officer: CoCEO,Sr.VP,CFO,Tres,AsstSec 1684 W. HIBISCUS BLVD. MELBOURNE FL 32901-2631
Stephen L Appel director 1616 SUNNYSIDE DRIVE WINTER PARK FL 32789-1456
John H Sottile director, officer: President and CEO 7825 SOUTH TROPICAL TRAIL MERRITT ISLAND FL 32952
Ronald Gregory Crutchfield officer: President of PCA and SEP 6460 LONGLAKE DR PORT ORANGE FL 32128-7187
Robert L Jones officer: President of PCA and SEP 708 GRAPE IVY LN NEW SMYRNA BEACH FL 32168
Davis John W Iii officer: President of Power Corporation 35651 GREEN FOREST DRIVE EUSTIS FL 32736
James F Adelson 10 percent owner 15 EAST 5TH STREET, SUITE 3200, TULSA OK 74103
Stephen J Heyman 10 percent owner 15 EAST 5TH STREET, SUITE 3200, TULSA OK 74103
Ellbar Partners Management, Llc 10 percent owner 15 E 5TH STREET-SUITE 3200, TULSA OK 74103
Jeffrey E. Eberwein director 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
David P Bicks director C/O DUANE MORRIS LLP 1540 BROADWAY NEW YORK NY 10036
Al M Marino director 1483 MAIN ST WEYMOUTH MA 02190
Dwight W Severs director 1308 RIVERSIDE DRIVE TITUSVILLE FL 32780
Boston Avenue Capital Llc 10 percent owner 15 EAST 5TH STREET, SUITE 3200, TULSA OK 74103