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Genco Shipping & Trading (FRA:GNU1) Cyclically Adjusted PS Ratio : 1.29 (As of May. 23, 2024)


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What is Genco Shipping & Trading Cyclically Adjusted PS Ratio?

As of today (2024-05-23), Genco Shipping & Trading's current share price is €20.40. Genco Shipping & Trading's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €15.81. Genco Shipping & Trading's Cyclically Adjusted PS Ratio for today is 1.29.

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

FRA:GNU1' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.21   Max: 1.92
Current: 1.27

During the past years, Genco Shipping & Trading's highest Cyclically Adjusted PS Ratio was 1.92. The lowest was 0.05. And the median was 0.21.

FRA:GNU1's Cyclically Adjusted PS Ratio is ranked worse than
61.03% of 739 companies
in the Transportation industry
Industry Median: 0.84 vs FRA:GNU1: 1.27

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.

Genco Shipping & Trading's adjusted revenue per share data for the three months ended in Mar. 2024 was €2.478. 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 €15.81 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Genco Shipping & Trading Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Genco Shipping & Trading'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.

Genco Shipping & Trading Cyclically Adjusted PS Ratio Chart

Genco Shipping & Trading 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 0.21 0.20 0.57 0.64 0.89

Genco Shipping & Trading 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 0.67 0.63 0.67 0.89 1.17

Competitive Comparison of Genco Shipping & Trading's Cyclically Adjusted PS Ratio

For the Marine Shipping subindustry, Genco Shipping & Trading'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.


Genco Shipping & Trading's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Genco Shipping & Trading's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Genco Shipping & Trading's Cyclically Adjusted PS Ratio falls into.



Genco Shipping & Trading 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.

Genco Shipping & Trading's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=20.40/15.81
=1.29

* 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.

Genco Shipping & Trading's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Genco Shipping & Trading'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)
=2.478/131.7762*131.7762
=2.478

Current CPI (Mar. 2024) = 131.7762.

Genco Shipping & Trading Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 8.846 100.560 11.592
201409 5.752 100.428 7.547
201412 7.477 99.070 9.945
201503 5.263 99.621 6.962
201506 5.095 100.684 6.668
201509 6.380 100.392 8.375
201512 4.427 99.792 5.846
201603 2.605 100.470 3.417
201606 3.928 101.688 5.090
201609 4.782 101.861 6.186
201612 5.684 101.863 7.353
201703 1.068 102.862 1.368
201706 1.173 103.349 1.496
201709 1.245 104.136 1.575
201712 1.832 104.011 2.321
201803 1.804 105.290 2.258
201806 2.077 106.317 2.574
201809 1.891 106.507 2.340
201812 2.362 105.998 2.936
201903 1.982 107.251 2.435
201906 1.771 108.070 2.159
201909 2.257 108.329 2.746
201912 2.339 108.420 2.843
202003 2.126 108.902 2.573
202006 1.573 108.767 1.906
202009 1.772 109.815 2.126
202012 1.872 109.897 2.245
202103 1.740 111.754 2.052
202106 2.357 114.631 2.710
202109 3.087 115.734 3.515
202112 3.798 117.630 4.255
202203 2.886 121.301 3.135
202206 3.031 125.017 3.195
202209 3.203 125.227 3.371
202212 2.793 125.222 2.939
202303 2.046 127.348 2.117
202306 1.938 128.729 1.984
202309 1.824 129.860 1.851
202312 2.473 129.419 2.518
202403 2.478 131.776 2.478

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.


Genco Shipping & Trading  (FRA:GNU1) 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.


Genco Shipping & Trading Cyclically Adjusted PS Ratio Related Terms

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


Genco Shipping & Trading (FRA:GNU1) Business Description

Traded in Other Exchanges
Address
299 Park Avenue, 12th Floor, New York, NY, USA, 10171
Genco Shipping & Trading Ltd is an international shipping company specializing in the transportation of iron ore, coal, grain, steel products and other drybulk cargoes. It is involved in the ocean transportation of drybulk cargoes. The company operates in one segment, the ocean transportation of drybulk cargoes through the ownership and operation of drybulk carrier vessels. It generates revenue through time charter agreements, spot market voyage charters, pool agreements and spot market-related time charters.

Genco Shipping & Trading (FRA:GNU1) Headlines

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