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PlayAGS (PlayAGS) Cyclically Adjusted PS Ratio : 1.45 (As of Jun. 05, 2024)


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What is PlayAGS Cyclically Adjusted PS Ratio?

As of today (2024-06-05), PlayAGS's current share price is $11.54. PlayAGS's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was $7.95. PlayAGS's Cyclically Adjusted PS Ratio for today is 1.45.

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

AGS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.97   Med: 1.11   Max: 1.45
Current: 1.45

During the past 10 years, PlayAGS's highest Cyclically Adjusted PS Ratio was 1.45. The lowest was 0.97. And the median was 1.11.

AGS's Cyclically Adjusted PS Ratio is ranked worse than
50.23% of 639 companies
in the Travel & Leisure industry
Industry Median: 1.44 vs AGS: 1.45

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.

PlayAGS's adjusted revenue per share data of for the fiscal year that ended in Dec23 was $9.336. 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 $7.95 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


PlayAGS Cyclically Adjusted PS Ratio Historical Data

The historical data trend for PlayAGS'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.

PlayAGS Cyclically Adjusted PS Ratio Chart

PlayAGS 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 - - - - 1.06

PlayAGS Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - 1.06 -

Competitive Comparison of PlayAGS's Cyclically Adjusted PS Ratio

For the Gambling subindustry, PlayAGS'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.


PlayAGS's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, PlayAGS's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



PlayAGS 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.

PlayAGS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.54/7.95
=1.45

* 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.

PlayAGS's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, PlayAGS's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=9.336/129.4194*129.4194
=9.336

Current CPI (Dec23) = 129.4194.

PlayAGS Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 3.108 99.070 4.060
201512 5.312 99.792 6.889
201612 7.187 101.863 9.131
201712 6.303 104.011 7.843
201812 8.293 105.998 10.125
201912 8.602 108.420 10.268
202012 4.686 109.897 5.518
202112 7.078 117.630 7.787
202212 8.301 125.222 8.579
202312 9.336 129.419 9.336

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.


PlayAGS  (NYSE:AGS) 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.


PlayAGS Cyclically Adjusted PS Ratio Related Terms

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


PlayAGS (PlayAGS) Business Description

Traded in Other Exchanges
N/A
Address
6775 S. Edmond Street, Suite 300, Las Vegas, NV, USA, 89118
PlayAGS Inc is a designer and supplier of gaming products and services for the gaming industry. The company mainly supplies electronic gaming machines (EGM), server-based systems and back-office systems which are used by casinos, and various gaming locations. Its operating segments are EGM, Table Products, and Interactive. The EGM segment offers a selection of video slot titles developed for the global marketplace as well as EGM cabinets. Its Table Products segments include live proprietary table games and side bets, as well as ancillary table products. The Interactive segment consists of delivering games through mobile apps such as Lucky Play Casino and Vegas Fever. It earns a majority of its revenue from the Electronic Gaming Machines segment and geographically from the United States.
Executives
Robert Barron Ziems officer: Chief Legal Officer, Secretary 6775 S. EDMOND ST., STE. 300, LAS VEGAS NV 89118
Adam Chibib director 7501B NORTH CAPITAL OF TEXAS HGHWY, AUSTIN TX 78731
Anna Massion director 5475 S. DECATUR BLVD., STE #100, LAS VEGAS NV 89118
Ap Gaming Voteco, Llc 10 percent owner 5475 S. DECATUR BLVD., LAS VEGAS NV 89118
David-jacques Farahi director 3800 S. VIRGINIA STREET, RENO NV 89502
David Lopez officer: Chief Executive Officer 7250 S. TENAYA WAY, SUITE 100, LAS VEGAS NV 89113
Kimo Akiona officer: Treas, CFO & Chief Acctg. Off. 5475 S. DECATUR BLVD., STE #100, LAS VEGAS NV 89118
Victor Gallo officer: GC, Secy. & Compliance Officer 5475 S. DECATUR BLVD., STE #100, LAS VEGAS NV 89118
Geoff Freeman director 5475 S. DECATUR BLVD., SUITE 100, LAS VEGAS NV 89118
Yvette Landau director
Eric Press director 1301 AVENUE OF THE AMERICA 38TH FLOOR, NEW YORK NY 10019
Marc J Rowan 10 percent owner APOLLO ADVISORS LP, 1301 AVE OF THE AMERICAS, NEW YORK NY 10019
David Sambur director, other: See Remarks 9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Sigmund Lee officer: Chief Tech. Officer 5475 S. DECATUR BLVD., STE #100, LAS VEGAS NV 89118
Daniel Evan Cohen director, other: See Remarks C/O APOLLO GLOBAL MANAGEMENT, L.P., 9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019