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Genco Shipping & Trading (Genco Shipping & Trading) Cyclically Adjusted PS Ratio : (As of May. 17, 2024)


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What is Genco Shipping & Trading Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

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 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)
=1.611/131.7762*131.7762
=1.611

Current CPI (Mar. 2024) = 131.7762.

Genco Shipping & Trading Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.202 100.560 1.575
201409 0.741 100.428 0.972
201412 0.922 99.070 1.226
201503 0.570 99.621 0.754
201506 0.572 100.684 0.749
201509 0.716 100.392 0.940
201512 0.531 99.792 0.701
201603 0.287 100.470 0.376
201606 0.437 101.688 0.566
201609 0.533 101.861 0.690
201612 0.602 101.863 0.779
201703 0.525 102.862 0.673
201706 0.622 103.349 0.793
201709 0.702 104.136 0.888
201712 1.028 104.011 1.302
201803 1.055 105.290 1.320
201806 1.182 106.317 1.465
201809 1.266 106.507 1.566
201812 1.539 105.998 1.913
201903 1.282 107.251 1.575
201906 1.146 108.070 1.397
201909 1.424 108.329 1.732
201912 1.491 108.420 1.812
202003 1.349 108.902 1.632
202006 1.018 108.767 1.233
202009 1.201 109.815 1.441
202012 1.310 109.897 1.571
202103 1.201 111.754 1.416
202106 1.660 114.631 1.908
202109 2.130 115.734 2.425
202112 2.514 117.630 2.816
202203 1.869 121.301 2.030
202206 1.890 125.017 1.992
202209 1.865 125.227 1.963
202212 1.742 125.222 1.833
202303 1.295 127.348 1.340
202306 1.242 128.729 1.271
202309 1.143 129.860 1.160
202312 1.585 129.419 1.614
202403 1.611 131.776 1.611

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  (OTCPK:GNKOQ) 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

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Genco Shipping & Trading (Genco Shipping & Trading) 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.