Step 1. Create a new document 640*480px, fill it with a color. Here I use the dark green color.
Step 2. Go to filter/texture/stained glass , apply the settings below
Step 3. Press D, again, go to filter/texture/stained glass. change to these settings :
We will get something like this
Step 4. Go to filter/distort/polar coordinates, check rectangular to polar, we I'll have this
Step 5. Duplicate the layer, press Ctrl + T , flip vertical
Step 6. Click to add layer mask, use Gradient to fill in the box , as below
Step 7. Make a new layer between those 2 ones, use gradient fill this layer from the bottom to the top, (as the color change from white to black), change the mode to hard light
Step 8. Adding some text, we will have the final result.
More Tutorials: 
