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G6 Materials (TSXV:GGG) Cyclically Adjusted PS Ratio : 0.34 (As of Jun. 06, 2024)


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What is G6 Materials Cyclically Adjusted PS Ratio?

As of today (2024-06-06), G6 Materials's current share price is C$0.075. G6 Materials's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was C$0.22. G6 Materials's Cyclically Adjusted PS Ratio for today is 0.34.

The historical rank and industry rank for G6 Materials's Cyclically Adjusted PS Ratio or its related term are showing as below:

TSXV:GGG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.34   Med: 2.17   Max: 14.77
Current: 0.34

During the past years, G6 Materials's highest Cyclically Adjusted PS Ratio was 14.77. The lowest was 0.34. And the median was 2.17.

TSXV:GGG's Cyclically Adjusted PS Ratio is ranked better than
86.53% of 1210 companies
in the Chemicals industry
Industry Median: 1.22 vs TSXV:GGG: 0.34

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.

G6 Materials's adjusted revenue per share data for the three months ended in Feb. 2024 was C$0.018. 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 C$0.22 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


G6 Materials Cyclically Adjusted PS Ratio Historical Data

The historical data trend for G6 Materials'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.

G6 Materials Cyclically Adjusted PS Ratio Chart

G6 Materials Annual Data
Trend Jul14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 2.58 0.88

G6 Materials Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 1.97 0.88 0.89 0.63 0.39

Competitive Comparison of G6 Materials's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, G6 Materials'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.


G6 Materials's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, G6 Materials's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where G6 Materials's Cyclically Adjusted PS Ratio falls into.



G6 Materials 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.

G6 Materials's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.075/0.22
=0.34

* 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.

G6 Materials's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, G6 Materials's adjusted Revenue per Share data for the three months ended in Feb. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.018/130.9299*130.9299
=0.018

Current CPI (Feb. 2024) = 130.9299.

G6 Materials Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 0.000 100.023 0.000
201407 0.000 100.520 0.000
201411 0.000 99.635 0.000
201502 0.000 99.032 0.000
201505 0.012 100.333 0.016
201508 0.010 100.548 0.013
201511 0.019 100.135 0.025
201602 0.076 100.040 0.099
201605 0.106 101.355 0.137
201608 0.075 101.617 0.097
201611 0.056 101.829 0.072
201702 0.062 102.779 0.079
201705 0.074 103.256 0.094
201708 0.052 103.587 0.066
201711 0.043 104.072 0.054
201802 0.053 105.052 0.066
201805 0.039 106.148 0.048
201808 0.037 106.383 0.046
201811 0.040 106.338 0.049
201902 0.055 106.649 0.068
201905 0.036 108.048 0.044
201908 0.035 108.245 0.042
201911 0.027 108.519 0.033
202002 0.027 109.139 0.032
202005 0.059 108.175 0.071
202008 0.153 109.662 0.183
202011 0.081 109.793 0.097
202102 0.041 110.968 0.048
202105 0.000 113.576 0.000
202108 0.034 115.421 0.039
202111 0.031 117.269 0.035
202202 0.034 119.703 0.037
202205 0.036 123.323 0.038
202208 0.028 124.958 0.029
202211 0.040 125.607 0.042
202302 0.030 126.928 0.031
202305 0.027 128.314 0.028
202308 0.026 129.538 0.026
202311 0.025 129.548 0.025
202402 0.018 130.930 0.018

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.


G6 Materials  (TSXV:GGG) 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.


G6 Materials Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of G6 Materials's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


G6 Materials (TSXV:GGG) Business Description

Traded in Other Exchanges
Address
760 Koehler Avenue, Suite 2, Ronkonkoma, NY, USA, 11779
G6 Materials Corp is engaged in the development, manufacture, and sale of proprietary composites and coatings based on graphene and other advanced materials. The company's products include high-performance resins, composites, R&D materials, fine organic chemicals, and conductive adhesives.
Executives
Elena Polyakova Director, Senior Officer

G6 Materials (TSXV:GGG) Headlines