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Golden Matrix Group (Golden Matrix Group) Cyclically Adjusted PS Ratio : 5.73 (As of Jun. 07, 2024)


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What is Golden Matrix Group Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Golden Matrix Group's current share price is $3.84. Golden Matrix Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was $0.67. Golden Matrix Group's Cyclically Adjusted PS Ratio for today is 5.73.

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

GMGI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.16   Med: 4.69   Max: 34.49
Current: 6.1

During the past years, Golden Matrix Group's highest Cyclically Adjusted PS Ratio was 34.49. The lowest was 0.16. And the median was 4.69.

GMGI's Cyclically Adjusted PS Ratio is ranked worse than
86.67% of 300 companies
in the Interactive Media industry
Industry Median: 1.51 vs GMGI: 6.10

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.

Golden Matrix Group's adjusted revenue per share data for the three months ended in Jan. 2024 was $0.305. 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 $0.67 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Golden Matrix Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Golden Matrix 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.

Golden Matrix Group Cyclically Adjusted PS Ratio Chart

Golden Matrix Group Annual Data
Trend Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jan21 Oct22 Oct23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 1.86 13.19 4.66 3.92

Golden Matrix Group Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 5.75 3.80 3.30 3.92 4.29

Competitive Comparison of Golden Matrix Group's Cyclically Adjusted PS Ratio

For the Electronic Gaming & Multimedia subindustry, Golden Matrix 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.


Golden Matrix Group's Cyclically Adjusted PS Ratio Distribution in the Interactive Media Industry

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

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



Golden Matrix 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.

Golden Matrix Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.84/0.67
=5.73

* 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.

Golden Matrix Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Golden Matrix Group's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.305/130.1244*130.1244
=0.305

Current CPI (Jan. 2024) = 130.1244.

Golden Matrix Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 0.000 100.023 0.000
201407 0.000 100.520 0.000
201410 0.000 100.176 0.000
201501 0.000 98.604 0.000
201504 0.000 99.824 0.000
201507 0.000 100.691 0.000
201510 0.000 100.346 0.000
201601 0.000 99.957 0.000
201604 0.000 100.947 0.000
201607 1.176 101.524 1.507
201610 0.021 101.988 0.027
201701 0.018 102.456 0.023
201704 0.003 103.167 0.004
201707 0.032 103.278 0.040
201710 0.017 104.070 0.021
201801 0.002 104.578 0.002
201804 0.035 105.708 0.043
201807 0.029 106.324 0.035
201810 0.035 106.695 0.043
201901 0.038 106.200 0.047
201904 0.039 107.818 0.047
201907 0.042 108.250 0.050
201910 0.031 108.577 0.037
202001 0.031 108.841 0.037
202004 0.026 108.173 0.031
202007 0.033 109.318 0.039
202010 0.046 109.861 0.054
202101 0.061 110.364 0.072
202104 0.076 112.673 0.088
202107 0.094 115.183 0.106
202110 0.107 116.696 0.119
202201 0.248 118.619 0.272
202204 0.236 121.978 0.252
202207 0.249 125.002 0.259
202210 0.340 125.734 0.352
202301 0.324 126.223 0.334
202304 0.285 127.992 0.290
202307 0.313 128.974 0.316
202310 0.326 129.810 0.327
202401 0.305 130.124 0.305

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.


Golden Matrix Group  (NAS:GMGI) 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.


Golden Matrix Group Cyclically Adjusted PS Ratio Related Terms

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


Golden Matrix Group (Golden Matrix Group) Business Description

Traded in Other Exchanges
Address
3651 Lindell Road, Suite D131, Las Vegas, NV, USA, 89103
Golden Matrix Group Inc is an established gaming technology company that develops and owns online gaming IP and builds configurable and scalable white-label social gaming platforms for its international customers, located in the Asia Pacific region. The company operates in two reportable segments; B2B and B2C. The B2C segment earns majority revenue. The company operates in UK, Asia Pacific and Latin America. It offers configurable and scalable iGaming platforms and operate some of the industry's iconic brands, including MexPlay, R Kings Competitions and GM-AG.
Executives
Philip Moyes director 54 KINGS WHARF, QUAY 27, QUEENSWAY J1 GX11 1AA
Thomas Mcchesney director PO BOX 2910, TACOMA WA 98401-2910
Omar Jimenez officer: CFO & Chief Compliance Officer C/O MONAKER GROUP INC., 2690 WESTON ROAD, SUITE 200, WESTON FL 33331
Aaron Richard Johnston director 3851 LINDELL RD, STE D131, LAS VEGAS NV 89103
Murray George Smith director 11920 SOUTHERN HIGHLANDS PARKWAY,, SUITE 200, LAS VEGAS NV 89141
Luxor Capital Llc 10 percent owner 3651 LINDELL RD STE D131, LAS VEGAS NV 89103
Anthony Brian Goodman director, 10 percent owner, officer: CEO 3651 LINDELL RD STE D131, LAS VEGAS NV 89103
Weiting Feng director, officer: CFO 3651 LINDELL RD STE D131, LAS VEGAS NV 89103