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GEM Co (FRA:3730) Cyclically Adjusted PS Ratio : 1.70 (As of Jun. 10, 2024)


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What is GEM Co Cyclically Adjusted PS Ratio?

As of today (2024-06-10), GEM Co's current share price is €11.00. GEM Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €6.48. GEM Co's Cyclically Adjusted PS Ratio for today is 1.70.

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

FRA:3730' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.21   Med: 2.74   Max: 6.65
Current: 1.77

During the past years, GEM Co's highest Cyclically Adjusted PS Ratio was 6.65. The lowest was 1.21. And the median was 2.74.

FRA:3730's Cyclically Adjusted PS Ratio is ranked worse than
62.59% of 139 companies
in the Waste Management industry
Industry Median: 1.23 vs FRA:3730: 1.77

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.

GEM Co's adjusted revenue per share data for the three months ended in Mar. 2024 was €2.106. 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 €6.48 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


GEM Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for GEM 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.

GEM Co Cyclically Adjusted PS Ratio Chart

GEM 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 2.52 3.21 4.05 2.37 1.54

GEM Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.33 2.09 1.76 1.54 1.70

Competitive Comparison of GEM Co's Cyclically Adjusted PS Ratio

For the Waste Management subindustry, GEM 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.


GEM Co's Cyclically Adjusted PS Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, GEM Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



GEM 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.

GEM Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.00/6.48
=1.70

* 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.

GEM Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, GEM Co's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.106/115.2271*115.2271
=2.106

Current CPI (Mar. 2024) = 115.2271.

GEM Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.454 98.200 0.533
201409 0.447 98.900 0.521
201412 0.463 99.000 0.539
201503 0.413 99.900 0.476
201506 0.523 99.500 0.606
201509 0.367 100.500 0.421
201512 0.648 100.600 0.742
201603 0.396 102.200 0.446
201606 1.074 101.400 1.220
201609 0.955 102.400 1.075
201612 1.149 102.600 1.290
201703 0.678 103.200 0.757
201706 0.771 103.100 0.862
201709 0.994 104.100 1.100
201712 1.230 104.500 1.356
201803 0.915 105.300 1.001
201806 1.646 104.900 1.808
201809 0.752 106.600 0.813
201812 1.360 106.500 1.471
201903 0.945 107.700 1.011
201906 1.010 107.700 1.081
201909 1.219 109.800 1.279
201912 1.360 111.200 1.409
202003 0.805 112.300 0.826
202006 0.852 110.400 0.889
202009 0.677 111.700 0.698
202012 1.097 111.500 1.134
202103 1.047 112.662 1.071
202106 1.067 111.769 1.100
202109 1.413 112.215 1.451
202112 1.743 113.108 1.776
202203 2.104 114.335 2.120
202206 1.969 114.558 1.981
202209 2.311 115.339 2.309
202212 1.950 115.116 1.952
202303 1.445 115.116 1.446
202306 1.914 114.558 1.925
202309 2.034 115.339 2.032
202312 2.269 114.781 2.278
202403 2.106 115.227 2.106

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.


GEM Co  (FRA:3730) 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.


GEM Co Cyclically Adjusted PS Ratio Related Terms

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


GEM Co (FRA:3730) Business Description

Industry
Traded in Other Exchanges
Address
South of Xinghua Road, 20F Block A,Marina Bay Center, Bao’an Center Area, Shenzhen, CHN, 518101
GEM Co Ltd operates in the recycling industry in China and internationally. The company offers remanufactured battery raw materials, such as nickel, cobalt, manganese, copper, aluminum, iron, and lithium from waste batteries; cathode copper plate; and gold and silver ingots, palladium sponge, and rhodium.

GEM Co (FRA:3730) Headlines

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