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2Go Group (PHS:2GO) Cyclically Adjusted PS Ratio : 1.57 (As of Jun. 09, 2024)


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What is 2Go Group Cyclically Adjusted PS Ratio?

As of today (2024-06-09), 2Go Group's current share price is ₱13.50. 2Go Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2023 was ₱8.58. 2Go Group's Cyclically Adjusted PS Ratio for today is 1.57.

The historical rank and industry rank for 2Go Group's Cyclically Adjusted PS Ratio or its related term are showing as below:

PHS:2GO's Cyclically Adjusted PS Ratio is not ranked *
in the Transportation industry.
Industry Median: 0.84
* Ranked among companies with meaningful Cyclically Adjusted PS Ratio only.

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.

2Go Group's adjusted revenue per share data for the three months ended in Mar. 2023 was ₱2.094. 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 ₱8.58 for the trailing ten years ended in Mar. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


2Go Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for 2Go Group'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.

2Go Group Cyclically Adjusted PS Ratio Chart

2Go Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.09 1.48 1.13 0.97 0.86

2Go Group Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.90 0.82 0.80 0.86 1.67

Competitive Comparison of 2Go Group's Cyclically Adjusted PS Ratio

For the Integrated Freight & Logistics subindustry, 2Go Group'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.


2Go Group's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, 2Go Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where 2Go Group's Cyclically Adjusted PS Ratio falls into.



2Go Group 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.

2Go Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.50/8.58
=1.57

* 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.

2Go Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2023 is calculated as:

For example, 2Go Group's adjusted Revenue per Share data for the three months ended in Mar. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=2.094/127.3478*127.3478
=2.094

Current CPI (Mar. 2023) = 127.3478.

2Go Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201306 1.642 98.518 2.123
201309 1.162 98.790 1.498
201312 1.164 98.326 1.508
201403 1.357 99.695 1.733
201406 1.548 100.560 1.960
201409 1.385 100.428 1.756
201412 1.652 99.070 2.124
201503 1.613 99.621 2.062
201506 1.885 100.684 2.384
201509 1.531 100.392 1.942
201512 1.759 99.792 2.245
201603 1.706 100.470 2.162
201606 2.291 101.688 2.869
201609 1.927 101.861 2.409
201612 1.874 101.863 2.343
201703 1.982 102.862 2.454
201706 2.571 103.349 3.168
201709 2.287 104.136 2.797
201712 1.075 104.011 1.316
201803 2.167 105.290 2.621
201806 2.330 106.317 2.791
201809 2.091 106.507 2.500
201812 1.246 105.998 1.497
201903 2.228 107.251 2.645
201906 2.282 108.070 2.689
201909 2.069 108.329 2.432
201912 2.108 108.420 2.476
202003 2.096 108.902 2.451
202006 1.596 108.767 1.869
202009 1.859 109.815 2.156
202012 1.510 109.897 1.750
202103 1.623 111.754 1.849
202106 1.542 114.631 1.713
202109 1.507 115.734 1.658
202112 1.587 117.630 1.718
202203 1.621 121.301 1.702
202206 1.911 125.017 1.947
202209 2.072 125.227 2.107
202212 2.223 125.222 2.261
202303 2.094 127.348 2.094

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.


2Go Group  (PHS:2GO) 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.


2Go Group Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of 2Go Group's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


2Go Group (PHS:2GO) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Macapagal Boulevard, 8th Floor Double Dragon Plaza, Tower 1, corner EDSA Extension, Pasay, PHL, 1302
2Go Group Inc is a Philippines-based logistics provider. The group owns and operates successful brands such as 2GO Travel, 2GO Freight, 2GO Express, and 2GO Logistics, offering an array of logistics and travel services. The business functions throughout the Philippines and it offers services such as international shipping, international freight forwarding, customs clearance, domestic shipping, freight and travel, warehousing, land transport, express, projects, and trade. Its reporting segments involve the shipping segment which t provides ocean-going transportation of passengers, rolling cargo, and freight cargo and the non-shipping segment provides logistics, sale of goods, supply chain management, and other services.

2Go Group (PHS:2GO) Headlines

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