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GoPro (XSWX:GPRO) Cyclically Adjusted PS Ratio : (As of Jun. 09, 2024)


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What is GoPro 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


GoPro Cyclically Adjusted PS Ratio Historical Data

The historical data trend for GoPro'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.

GoPro Cyclically Adjusted PS Ratio Chart

GoPro 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 - - - 0.51 0.35

GoPro 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 0.51 0.42 0.31 0.35 0.23

Competitive Comparison of GoPro's Cyclically Adjusted PS Ratio

For the Consumer Electronics subindustry, GoPro'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.


GoPro's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, GoPro's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



GoPro 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.

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

For example, GoPro'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)
=0.892/131.7762*131.7762
=0.892

Current CPI (Mar. 2024) = 131.7762.

GoPro Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.642 100.560 3.462
201409 1.807 100.428 2.371
201412 4.183 99.070 5.564
201503 2.395 99.621 3.168
201506 2.667 100.684 3.491
201509 2.666 100.392 3.499
201512 3.010 99.792 3.975
201603 1.309 100.470 1.717
201606 1.540 101.688 1.996
201609 1.671 101.861 2.162
201612 3.906 101.863 5.053
201703 1.532 102.862 1.963
201706 2.106 103.349 2.685
201709 2.263 104.136 2.864
201712 2.414 104.011 3.058
201803 1.391 105.290 1.741
201806 2.011 106.317 2.493
201809 1.977 106.507 2.446
201812 2.657 105.998 3.303
201903 1.703 107.251 2.092
201906 1.997 108.070 2.435
201909 0.892 108.329 1.085
201912 3.540 108.420 4.303
202003 0.776 108.902 0.939
202006 0.860 108.767 1.042
202009 1.690 109.815 2.028
202012 2.109 109.897 2.529
202103 1.244 111.754 1.467
202106 1.374 114.631 1.580
202109 1.796 115.734 2.045
202112 2.190 117.630 2.453
202203 1.067 121.301 1.159
202206 1.375 125.017 1.449
202209 1.715 125.227 1.805
202212 1.729 125.222 1.819
202303 1.044 127.348 1.080
202306 1.401 128.729 1.434
202309 1.709 129.860 1.734
202312 1.649 129.419 1.679
202403 0.892 131.776 0.892

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.


GoPro  (XSWX:GPRO) 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.


GoPro Cyclically Adjusted PS Ratio Related Terms

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GoPro (XSWX:GPRO) Business Description

Industry
Address
3025 Clearview Way, San Mateo, CA, USA, 94402
GoPro Inc is a United States-based company that is principally engaged in designing and providing cameras, mounts, drones and appliances. The company outsources a part of manufacturing to third parties in China. The company sells products across the world through its direct sales channel, which generates over half of total revenue, and indirectly through its distribution channel. The company has presence, including in the Americas, Europe, Middle East, Africa, and Asia-Pacific, with the Americas contributing over half of total revenue.