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Genco Shipping & Trading (Genco Shipping & Trading) Cyclically Adjusted PS Ratio : 1.15 (As of Apr. 27, 2024)


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What is Genco Shipping & Trading Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Genco Shipping & Trading's current share price is $21.55. Genco Shipping & Trading's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $18.71. Genco Shipping & Trading's Cyclically Adjusted PS Ratio for today is 1.15.

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

GNK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.21   Max: 1.92
Current: 1.15

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.

GNK's Cyclically Adjusted PS Ratio is ranked worse than
59.03% of 725 companies
in the Transportation industry
Industry Median: 0.82 vs GNK: 1.15

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 Dec. 2023 was $2.697. 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 $18.71 for the trailing ten years ended in Dec. 2023.

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
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.64 0.67 0.63 0.67 0.89

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
=21.55/18.71
=1.15

* 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 Dec. 2023 is calculated as:

For example, Genco Shipping & Trading's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.697/129.4194*129.4194
=2.697

Current CPI (Dec. 2023) = 129.4194.

Genco Shipping & Trading Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 14.687 99.695 19.066
201406 12.018 100.560 15.467
201409 7.413 100.428 9.553
201412 9.219 99.070 12.043
201503 5.696 99.621 7.400
201506 5.718 100.684 7.350
201509 7.161 100.392 9.232
201512 4.823 99.792 6.255
201603 2.901 100.470 3.737
201606 4.413 101.688 5.616
201609 5.367 101.861 6.819
201612 5.996 101.863 7.618
201703 1.142 102.862 1.437
201706 1.318 103.349 1.650
201709 1.484 104.136 1.844
201712 2.168 104.011 2.698
201803 2.224 105.290 2.734
201806 2.426 106.317 2.953
201809 2.206 106.507 2.681
201812 2.688 105.998 3.282
201903 2.240 107.251 2.703
201906 2.002 108.070 2.398
201909 2.486 108.329 2.970
201912 2.599 108.420 3.102
202003 2.349 108.902 2.792
202006 1.771 108.767 2.107
202009 2.087 109.815 2.460
202012 2.277 109.897 2.681
202103 2.072 111.754 2.400
202106 2.840 114.631 3.206
202109 3.632 115.734 4.061
202112 4.291 117.630 4.721
202203 3.178 121.301 3.391
202206 3.204 125.017 3.317
202209 3.171 125.227 3.277
202212 2.959 125.222 3.058
202303 2.190 127.348 2.226
202306 2.099 128.729 2.110
202309 1.947 129.860 1.940
202312 2.697 129.419 2.697

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  (NYSE:GNK) 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 (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.
Executives
Peter George Allen officer: Chief Financial Officer GENCO SHIPPING & TRADING LIMITED, 299 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10171
Arthur L Regan director C/O ARLINGTON TANKERS LTD, THE HAYWARD BUILDING 22 BERMUDIANA ROAD, HAMILTON HM 11 D0 --
Jesper Christensen officer: Chief Commercial Officer GENCO SHIPPING & TRADING LIMITED, 299 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10171
Robert E Hughes officer: Chief Operations Officer GENCO SHIPPING & TRADING LIMITED, 299 PARK AVE., 12TH FLOOR, NEW YORK NY 10171
Apostolos Zafolias officer: Chief Financial Officer GENCO SHIPPING & TRADING, 299 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10171
John C Wobensmith officer: Chief Financial Officer 35 WEST 56TH STREET, NEW YORK NY 10019
Joseph Adamo officer: Chief Accounting Officer GENCO SHIPPING & TRADING, 299 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10171
Ccp Ii Cayman Gp Ltd. 10 percent owner 375 PARK AVE, 12TH FLOOR, NEW YORK NY 10152
Centerbridge Credit Partners, L.p. 10 percent owner 375 PARK AVENUE, 11TH FLOOR, NEW YORK NY 10152
Karin Y Orsel director HOGELANDSTERWEG 14, FARMSUM P7 9936 BH
Apollo Management Holdings Gp, Llc 10 percent owner 9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Strategic Value Partners, Llc 10 percent owner 100 WEST PUTNAM AVENUE, GREENWICH CT 06830
Daniel Han director GENCO SHIPPING & TRADING LIMITED, 299 PARK AVE., 12TH FLOOR, NEW YORK NY 10171
Kathleen C Haines director P.O. BOX 385, COS COB CT 06807
Christoph O Majeske director 17001 NORTHCHASE DR., STE. 100, HOUSTON TX 77060