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GMM Grammy PCL (BKK:GRAMMY) Cyclically Adjusted PS Ratio : 0.42 (As of May. 27, 2024)


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What is GMM Grammy PCL Cyclically Adjusted PS Ratio?

As of today (2024-05-27), GMM Grammy PCL's current share price is ฿5.40. GMM Grammy PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ฿12.78. GMM Grammy PCL's Cyclically Adjusted PS Ratio for today is 0.42.

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

BKK:GRAMMY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.63   Max: 1.13
Current: 0.42

During the past years, GMM Grammy PCL's highest Cyclically Adjusted PS Ratio was 1.13. The lowest was 0.36. And the median was 0.63.

BKK:GRAMMY's Cyclically Adjusted PS Ratio is ranked better than
71.69% of 710 companies
in the Media - Diversified industry
Industry Median: 0.895 vs BKK:GRAMMY: 0.42

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.

GMM Grammy PCL's adjusted revenue per share data for the three months ended in Mar. 2024 was ฿1.723. 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 ฿12.78 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


GMM Grammy PCL Cyclically Adjusted PS Ratio Historical Data

The historical data trend for GMM Grammy PCL'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.

GMM Grammy PCL Cyclically Adjusted PS Ratio Chart

GMM Grammy PCL 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 0.65 0.61 0.92 0.73 0.49

GMM Grammy PCL 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 0.71 0.64 0.70 0.49 0.44

Competitive Comparison of GMM Grammy PCL's Cyclically Adjusted PS Ratio

For the Entertainment subindustry, GMM Grammy PCL'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.


GMM Grammy PCL's Cyclically Adjusted PS Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, GMM Grammy PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



GMM Grammy PCL 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.

GMM Grammy PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.40/12.78
=0.42

* 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.

GMM Grammy PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, GMM Grammy PCL's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.723/131.7762*131.7762
=1.723

Current CPI (Mar. 2024) = 131.7762.

GMM Grammy PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.200 100.560 4.193
201409 3.651 100.428 4.791
201412 3.135 99.070 4.170
201503 2.739 99.621 3.623
201506 2.541 100.684 3.326
201509 2.463 100.392 3.233
201512 2.743 99.792 3.622
201603 24.039 100.470 31.529
201606 2.194 101.688 2.843
201609 2.481 101.861 3.210
201612 1.817 101.863 2.351
201703 2.457 102.862 3.148
201706 2.329 103.349 2.970
201709 2.225 104.136 2.816
201712 2.252 104.011 2.853
201803 1.914 105.290 2.395
201806 2.059 106.317 2.552
201809 1.911 106.507 2.364
201812 2.495 105.998 3.102
201903 2.197 107.251 2.699
201906 1.778 108.070 2.168
201909 1.838 108.329 2.236
201912 2.239 108.420 2.721
202003 1.586 108.902 1.919
202006 1.221 108.767 1.479
202009 1.312 109.815 1.574
202012 2.059 109.897 2.469
202103 1.208 111.754 1.424
202106 1.340 114.631 1.540
202109 1.297 115.734 1.477
202112 1.187 117.630 1.330
202203 1.218 121.301 1.323
202206 1.343 125.017 1.416
202209 1.588 125.227 1.671
202212 1.968 125.222 2.071
202303 1.679 127.348 1.737
202306 1.763 128.729 1.805
202309 1.652 129.860 1.676
202312 2.208 129.419 2.248
202403 1.723 131.776 1.723

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.


GMM Grammy PCL  (BKK:GRAMMY) 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.


GMM Grammy PCL Cyclically Adjusted PS Ratio Related Terms

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


GMM Grammy PCL (BKK:GRAMMY) Business Description

Traded in Other Exchanges
N/A
Address
50 Sukhumvit 21 Road (Asoke), GMM Grammy Place Tower, Klongtoey Nua, Wattana, Bangkok, THA, 10110
GMM Grammy PCL is engaged in various entertainment businesses, including the music business, satellite television business, Digital TV business, movies business, home shopping business, and co-investment in other businesses. The company has three principal reportable segments i.e. 1) Music segment comprising music business and showbiz 2) Media segment comprising digital TV business GMM25 3) Others segment comprising merchandise and other services business.

GMM Grammy PCL (BKK:GRAMMY) Headlines

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