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Good Hope (COL:GOOD.N0000) Cyclically Adjusted PS Ratio : 341.05 (As of Jun. 08, 2024)


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What is Good Hope Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Good Hope's current share price is රු1200.50. Good Hope's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 was රු3.52. Good Hope's Cyclically Adjusted PS Ratio for today is 341.05.

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

COL:GOOD.N0000' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 87.54   Med: 159.16   Max: 341.05
Current: 340.76

During the past years, Good Hope's highest Cyclically Adjusted PS Ratio was 341.05. The lowest was 87.54. And the median was 159.16.

COL:GOOD.N0000's Cyclically Adjusted PS Ratio is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 0.79 vs COL:GOOD.N0000: 340.76

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.

Good Hope's adjusted revenue per share data for the three months ended in Sep. 2023 was රු0.479. 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 රු3.52 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Good Hope Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Good Hope'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.

Good Hope Cyclically Adjusted PS Ratio Chart

Good Hope Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 101.56 148.25 157.20

Good Hope Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 159.24 173.87 157.20 284.04 340.76

Competitive Comparison of Good Hope's Cyclically Adjusted PS Ratio

For the Farm Products subindustry, Good Hope'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.


Good Hope's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Good Hope's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Good Hope 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.

Good Hope's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1200.50/3.52
=341.05

* 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.

Good Hope's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Good Hope's adjusted Revenue per Share data for the three months ended in Sep. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.479/129.8595*129.8595
=0.479

Current CPI (Sep. 2023) = 129.8595.

Good Hope Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 5.315 98.326 7.020
201403 5.725 99.695 7.457
201406 8.311 100.560 10.733
201409 6.827 100.428 8.828
201412 3.819 99.070 5.006
201503 -18.566 99.621 -24.201
201506 0.106 100.684 0.137
201509 0.006 100.392 0.008
201512 0.006 99.792 0.008
201603 0.249 100.470 0.322
201606 0.023 101.688 0.029
201609 0.023 101.861 0.029
201612 0.972 101.863 1.239
201703 1.122 102.862 1.416
201706 0.741 103.349 0.931
201709 0.328 104.136 0.409
201712 0.246 104.011 0.307
201803 0.273 105.290 0.337
201806 0.284 106.317 0.347
201809 0.291 106.507 0.355
201812 0.516 105.998 0.632
201903 0.568 107.251 0.688
201906 0.556 108.070 0.668
201909 0.564 108.329 0.676
201912 0.313 108.420 0.375
202003 0.281 108.902 0.335
202006 0.292 108.767 0.349
202009 0.275 109.815 0.325
202012 0.247 109.897 0.292
202103 0.196 111.754 0.228
202106 0.195 114.631 0.221
202109 5.896 115.734 6.616
202112 0.129 117.630 0.142
202203 0.149 121.301 0.160
202206 0.152 125.017 0.158
202209 0.451 125.227 0.468
202212 0.524 125.222 0.543
202303 0.557 127.348 0.568
202306 0.587 128.729 0.592
202309 0.479 129.860 0.479

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.


Good Hope  (COL:GOOD.N0000) 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.


Good Hope Cyclically Adjusted PS Ratio Related Terms

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


Good Hope (COL:GOOD.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 61, Janadhipathi Mawatha, Colombo, LKA, 01
Good Hope PLC is an investment holding company. Its subsidiaries are mainly engaged in oil palm plantation business.

Good Hope (COL:GOOD.N0000) Headlines

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