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GREE (GREZF) Cyclically Adjusted PS Ratio : 1.34 (As of Jun. 08, 2024)


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What is GREE Cyclically Adjusted PS Ratio?

As of today (2024-06-08), GREE's current share price is $6.20. GREE's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $4.61. GREE's Cyclically Adjusted PS Ratio for today is 1.34.

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

GREZF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.86   Med: 1.47   Max: 3.23
Current: 1.43

During the past years, GREE's highest Cyclically Adjusted PS Ratio was 3.23. The lowest was 0.86. And the median was 1.47.

GREZF's Cyclically Adjusted PS Ratio is ranked better than
50.33% of 300 companies
in the Interactive Media industry
Industry Median: 1.51 vs GREZF: 1.43

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.

GREE's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.662. 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 $4.61 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


GREE Cyclically Adjusted PS Ratio Historical Data

The historical data trend for GREE'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.

GREE Cyclically Adjusted PS Ratio Chart

GREE Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.24 1.13 1.45 2.13 1.71

GREE 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 1.84 1.71 1.61 1.57 1.35

Competitive Comparison of GREE's Cyclically Adjusted PS Ratio

For the Electronic Gaming & Multimedia subindustry, GREE'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.


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

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

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



GREE 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.

GREE's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.20/4.61
=1.34

* 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.

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

For example, GREE'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)
=0.662/107.2000*107.2000
=0.662

Current CPI (Mar. 2024) = 107.2000.

GREE Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.092 98.000 1.195
201409 1.003 98.500 1.092
201412 0.854 97.900 0.935
201503 0.771 97.900 0.844
201506 0.724 98.400 0.789
201509 0.684 98.500 0.744
201512 0.634 98.100 0.693
201603 0.633 97.900 0.693
201606 0.630 98.100 0.688
201609 0.622 98.000 0.680
201612 0.562 98.400 0.612
201703 0.597 98.100 0.652
201706 0.735 98.500 0.800
201709 0.828 98.800 0.898
201712 0.730 99.400 0.787
201803 0.714 99.200 0.772
201806 0.730 99.200 0.789
201809 0.686 99.900 0.736
201812 0.669 99.700 0.719
201903 0.670 99.700 0.720
201906 0.687 99.800 0.738
201909 0.637 100.100 0.682
201912 0.650 100.500 0.693
202003 0.620 100.300 0.663
202006 0.607 99.900 0.651
202009 0.614 99.900 0.659
202012 0.712 99.300 0.769
202103 0.682 99.900 0.732
202106 0.624 99.500 0.672
202109 0.592 100.100 0.634
202112 0.906 100.100 0.970
202203 1.003 101.100 1.064
202206 0.888 101.800 0.935
202209 0.661 103.100 0.687
202212 0.707 104.100 0.728
202303 0.962 104.400 0.988
202306 0.823 105.200 0.839
202309 0.619 106.200 0.625
202312 0.574 106.800 0.576
202403 0.662 107.200 0.662

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.


GREE  (OTCPK:GREZF) 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.


GREE Cyclically Adjusted PS Ratio Related Terms

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


GREE (GREZF) Business Description

Traded in Other Exchanges
Address
10-1, Roppongi 6-Chome, Roppongi Hills Mori Tower, Minato-ku, Tokyo, JPN
Gree is a Japanese internet media company headquartered in Tokyo. Its business is divided into games, media, advertising, and investment. The games division provides games internationally via the App Store and Google Play from the company's studios in Japan and North America. The media segment is engaged in a variety of IT businesses, including services and media. The advertising segment targets mainly the smartphone advertising market. The company has investments in Internet technology services companies in Japan, North America, and Southeast Asia.

GREE (GREZF) Headlines

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