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Twenty-First Century Fox (ASX:FOX) Cyclically Adjusted PS Ratio : (As of May. 20, 2024)


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What is Twenty-First Century Fox Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Twenty-First Century Fox Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Twenty-First Century Fox'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.

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Twenty-First Century Fox Cyclically Adjusted PS Ratio Chart

Twenty-First Century Fox Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Cyclically Adjusted PS Ratio
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Twenty-First Century Fox Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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Competitive Comparison of Twenty-First Century Fox's Cyclically Adjusted PS Ratio

For the Broadcasting subindustry, Twenty-First Century Fox'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.


Twenty-First Century Fox's Cyclically Adjusted PS Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Twenty-First Century Fox's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Twenty-First Century Fox's Cyclically Adjusted PS Ratio falls into.



Twenty-First Century Fox 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.

Twenty-First Century Fox's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2018 is calculated as:

For example, Twenty-First Century Fox's adjusted Revenue per Share data for the three months ended in Dec. 2018 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2018 (Change)*Current CPI (Dec. 2018)
=5.254/105.9979*105.9979
=5.254

Current CPI (Dec. 2018) = 105.9979.

Twenty-First Century Fox Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200903 4.221 89.744 4.985
200906 3.657 91.003 4.260
200909 3.191 91.120 3.712
200912 3.673 91.111 4.273
201003 3.665 91.821 4.231
201006 3.601 91.962 4.151
201009 3.009 92.162 3.461
201012 3.357 92.474 3.848
201103 3.103 94.283 3.489
201106 3.188 95.235 3.548
201109 2.980 95.727 3.300
201112 3.526 95.213 3.925
201203 3.225 96.783 3.532
201206 3.469 96.819 3.798
201209 3.299 97.633 3.582
201212 3.841 96.871 4.203
201303 3.958 98.209 4.272
201306 0.263 98.518 0.283
201309 3.287 98.790 3.527
201312 3.983 98.326 4.294
201403 4.007 99.695 4.260
201406 3.987 100.560 4.203
201409 3.865 100.428 4.079
201412 4.322 99.070 4.624
201503 3.925 99.621 4.176
201506 3.563 100.684 3.751
201509 3.816 100.392 4.029
201512 4.510 99.792 4.790
201603 4.269 100.470 4.504
201606 3.979 101.688 4.148
201609 3.797 101.861 3.951
201612 4.633 101.863 4.821
201703 4.397 102.862 4.531
201706 3.953 103.349 4.054
201709 3.891 104.136 3.961
201712 4.658 104.011 4.747
201803 4.238 105.290 4.267
201806 4.694 106.317 4.680
201809 4.414 106.507 4.393
201812 5.254 105.998 5.254

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.


Twenty-First Century Fox  (ASX:FOX) 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.


Twenty-First Century Fox Cyclically Adjusted PS Ratio Related Terms

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Twenty-First Century Fox (ASX:FOX) Business Description

Traded in Other Exchanges
N/A
Address
1211 Avenue of the Americas, New York, NY, USA, 10036
21st Century Fox is a media conglomerate with a wide range of assets: a film studio, which creates television programs and movies; broadcast television, including the Fox broadcast network and local TV stations in the U.S.; cable networks, which comprise over 300 channels around the world; and direct-broadcast satellite TV in the form of Sky, a satellite pay-tv provider in Europe.

Twenty-First Century Fox (ASX:FOX) Headlines