GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » New York Times Co (FRA:NYT) » Definitions » Cyclically Adjusted PS Ratio

New York Times Co (FRA:NYT) Cyclically Adjusted PS Ratio : 3.62 (As of May. 26, 2024)


View and export this data going back to . Start your Free Trial

What is New York Times Co Cyclically Adjusted PS Ratio?

As of today (2024-05-26), New York Times Co's current share price is €45.44. New York Times Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €12.54. New York Times Co's Cyclically Adjusted PS Ratio for today is 3.62.

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

FRA:NYT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.51   Med: 2.05   Max: 4.8
Current: 3.73

During the past years, New York Times Co's highest Cyclically Adjusted PS Ratio was 4.80. The lowest was 0.51. And the median was 2.05.

FRA:NYT's Cyclically Adjusted PS Ratio is ranked worse than
89.72% of 710 companies
in the Media - Diversified industry
Industry Median: 0.885 vs FRA:NYT: 3.73

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.

New York Times Co's adjusted revenue per share data for the three months ended in Mar. 2024 was €3.299. 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 €12.54 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


New York Times Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for New York Times Co'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.

New York Times Co Cyclically Adjusted PS Ratio Chart

New York Times Co 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 2.80 4.64 4.06 2.59 3.74

New York Times Co 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 3.05 3.05 3.15 3.74 3.23

Competitive Comparison of New York Times Co's Cyclically Adjusted PS Ratio

For the Publishing subindustry, New York Times Co'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.


New York Times Co's Cyclically Adjusted PS Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, New York Times Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where New York Times Co's Cyclically Adjusted PS Ratio falls into.



New York Times Co 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.

New York Times Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=45.44/12.54
=3.62

* 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.

New York Times Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, New York Times Co'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)
=3.299/131.7762*131.7762
=3.299

Current CPI (Mar. 2024) = 131.7762.

New York Times Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.767 100.560 2.316
201409 1.877 100.428 2.463
201412 1.868 99.070 2.485
201503 2.165 99.621 2.864
201506 2.027 100.684 2.653
201509 1.960 100.392 2.573
201512 2.505 99.792 3.308
201603 2.117 100.470 2.777
201606 2.058 101.688 2.667
201609 1.988 101.861 2.572
201612 2.481 101.863 3.210
201703 2.293 102.862 2.938
201706 2.212 103.349 2.820
201709 1.968 104.136 2.490
201712 2.479 104.011 3.141
201803 2.019 105.290 2.527
201806 2.126 106.317 2.635
201809 2.142 106.507 2.650
201812 2.634 105.998 3.275
201903 2.325 107.251 2.857
201906 2.304 108.070 2.809
201909 2.322 108.329 2.825
201912 2.723 108.420 3.310
202003 2.392 108.902 2.894
202006 2.133 108.767 2.584
202009 2.157 109.815 2.588
202012 2.487 109.897 2.982
202103 2.363 111.754 2.786
202106 2.458 114.631 2.826
202109 2.567 115.734 2.923
202112 3.118 117.630 3.493
202203 2.900 121.301 3.150
202206 3.136 125.017 3.306
202209 3.322 125.227 3.496
202212 3.789 125.222 3.987
202303 3.166 127.348 3.276
202306 3.304 128.729 3.382
202309 3.390 129.860 3.440
202312 3.728 129.419 3.796
202403 3.299 131.776 3.299

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.


New York Times Co  (FRA:NYT) 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.


New York Times Co Cyclically Adjusted PS Ratio Related Terms

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


New York Times Co (FRA:NYT) Business Description

Traded in Other Exchanges
Address
620 Eighth Avenue, New York, NY, USA, 10018
New York Times Co is an American media company known for publishing its flagship newspaper, The New York Times. The company also operates the International New York Times newspaper, as well as digital properties such as nytimes and various smartphone applications. Circulation of The New York Times is the source of revenue for the company, followed by print and digital advertising and its paid digital-only subscription to The New York Times. The company has a daily print circulation of over 3,00,000 and 7,40,000 on Sundays. The source of growth for The New York Times is its digital subscription service, which has over 1,000,000 paid users.