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UBM (LSE:UBMN) Cyclically Adjusted PS Ratio : (As of May. 17, 2024)


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What is UBM 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


UBM Cyclically Adjusted PS Ratio Historical Data

The historical data trend for UBM'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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UBM Cyclically Adjusted PS Ratio Chart

UBM Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted PS Ratio
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UBM Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17
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Competitive Comparison of UBM's Cyclically Adjusted PS Ratio

For the Advertising Agencies subindustry, UBM'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.


UBM's Cyclically Adjusted PS Ratio Distribution in the Media - Diversified Industry

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

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



UBM 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.

UBM's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec17 is calculated as:

For example, UBM's adjusted Revenue per Share data for the fiscal year that ended in Dec17 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec17 (Change)*Current CPI (Dec17)
=2.266/105.0000*105.0000
=2.266

Current CPI (Dec17) = 105.0000.

UBM Annual Data

Revenue per Share CPI Adj_RevenuePerShare
200812 3.601 87.100 4.341
200912 3.439 88.900 4.062
201012 3.591 91.700 4.112
201112 3.157 95.000 3.489
201212 3.090 97.300 3.335
201312 3.204 99.200 3.391
201412 1.686 99.900 1.772
201512 1.739 100.400 1.819
201612 1.950 102.200 2.003
201712 2.266 105.000 2.266

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.


UBM  (LSE:UBMN) 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.


UBM Cyclically Adjusted PS Ratio Related Terms

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UBM (LSE:UBMN) Business Description

Traded in Other Exchanges
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Address
UBM PLC is a United Kingdom-based global business-to-business organizer. In addition to focusing on business-to-business events, the company operates live media, communication, and marketing services. The majority of the company's revenue is derived from it organization of business events such as tradeshows, making it one of the leading event and exhibition organizers in the world. Its events are mostly focused in North America, emerging markets countries such as China and India, and the U.K. The company's revenue is fairly evenly split across these regions. UBM's clients mainly operate in the industrial, transportation, fashion, and healthcare industries.

UBM (LSE:UBMN) Headlines

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