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Twenty-First Century Fox (FRA:NWXA) Cyclically Adjusted PS Ratio : (As of May. 06, 2024)


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

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
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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)
=4.008/105.9979*105.9979
=4.008

Current CPI (Dec. 2018) = 105.9979.

Twenty-First Century Fox Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200903 2.156 89.744 2.546
200906 2.096 91.003 2.441
200909 1.887 91.120 2.195
200912 2.272 91.111 2.643
201003 2.465 91.821 2.846
201006 2.516 91.962 2.900
201009 2.158 92.162 2.482
201012 2.520 92.474 2.889
201103 2.237 94.283 2.515
201106 2.349 95.235 2.614
201109 2.215 95.727 2.453
201112 2.712 95.213 3.019
201203 2.570 96.783 2.815
201206 2.762 96.819 3.024
201209 2.664 97.633 2.892
201212 3.061 96.871 3.349
201303 3.160 98.209 3.411
201306 0.188 98.518 0.202
201309 2.287 98.790 2.454
201312 2.610 98.326 2.814
201403 2.634 99.695 2.801
201406 2.784 100.560 2.935
201409 2.788 100.428 2.943
201412 3.036 99.070 3.248
201503 2.991 99.621 3.182
201506 2.683 100.684 2.825
201509 2.691 100.392 2.841
201512 3.458 99.792 3.673
201603 3.388 100.470 3.574
201606 3.123 101.688 3.255
201609 3.112 101.861 3.238
201612 3.928 101.863 4.087
201703 3.817 102.862 3.933
201706 3.241 103.349 3.324
201709 3.170 104.136 3.227
201712 3.661 104.011 3.731
201803 3.239 105.290 3.261
201806 3.649 106.317 3.638
201809 3.301 106.507 3.285
201812 4.008 105.998 4.008

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  (FRA:NWXA) 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 (FRA:NWXA) 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 (FRA:NWXA) Headlines

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