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Entertainment Network (India) (NSE:ENIL) Cyclically Adjusted PS Ratio : 1.80 (As of May. 31, 2024)


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What is Entertainment Network (India) Cyclically Adjusted PS Ratio?

As of today (2024-05-31), Entertainment Network (India)'s current share price is ₹230.95. Entertainment Network (India)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹128.44. Entertainment Network (India)'s Cyclically Adjusted PS Ratio for today is 1.80.

The historical rank and industry rank for Entertainment Network (India)'s Cyclically Adjusted PS Ratio or its related term are showing as below:

NSE:ENIL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.92   Med: 1.42   Max: 2.64
Current: 1.82

During the past years, Entertainment Network (India)'s highest Cyclically Adjusted PS Ratio was 2.64. The lowest was 0.92. And the median was 1.42.

NSE:ENIL's Cyclically Adjusted PS Ratio is ranked worse than
72.13% of 714 companies
in the Media - Diversified industry
Industry Median: 0.905 vs NSE:ENIL: 1.82

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.

Entertainment Network (India)'s adjusted revenue per share data for the three months ended in Mar. 2024 was ₹31.469. 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 ₹128.44 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Entertainment Network (India) Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Entertainment Network (India)'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.

Entertainment Network (India) Cyclically Adjusted PS Ratio Chart

Entertainment Network (India) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.67 0.92 2.03

Entertainment Network (India) 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 0.92 1.06 1.24 1.41 2.03

Competitive Comparison of Entertainment Network (India)'s Cyclically Adjusted PS Ratio

For the Broadcasting subindustry, Entertainment Network (India)'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.


Entertainment Network (India)'s Cyclically Adjusted PS Ratio Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Entertainment Network (India)'s Cyclically Adjusted PS Ratio falls into.



Entertainment Network (India) 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.

Entertainment Network (India)'s Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=230.95/128.44
=1.80

* 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.

Entertainment Network (India)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Entertainment Network (India)'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)
=31.469/153.0345*153.0345
=31.469

Current CPI (Mar. 2024) = 153.0345.

Entertainment Network (India) Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 19.262 94.103 31.325
201409 21.834 96.780 34.525
201412 24.445 96.780 38.654
201503 25.332 97.163 39.899
201506 20.666 99.841 31.677
201509 24.204 101.753 36.402
201512 29.620 102.901 44.051
201603 28.705 102.518 42.849
201606 22.857 105.961 33.011
201609 26.882 105.961 38.824
201612 31.434 105.196 45.729
201703 34.031 105.196 49.507
201706 20.658 107.109 29.516
201709 26.135 109.021 36.686
201712 30.740 109.404 42.999
201803 33.033 109.786 46.046
201806 24.770 111.317 34.053
201809 25.533 115.142 33.936
201812 42.037 115.142 55.871
201903 36.415 118.202 47.146
201906 27.449 120.880 34.751
201909 23.377 123.175 29.044
201912 30.808 126.235 37.348
202003 31.232 124.705 38.327
202006 7.740 127.000 9.327
202009 9.974 130.118 11.731
202012 17.878 130.889 20.903
202103 20.954 131.771 24.335
202106 8.657 134.084 9.881
202109 15.183 135.847 17.104
202112 21.728 138.161 24.067
202203 21.463 138.822 23.660
202206 21.534 142.347 23.151
202209 19.057 144.661 20.160
202212 28.011 145.763 29.408
202303 24.759 146.865 25.799
202306 26.344 150.280 26.827
202309 22.236 151.492 22.462
202312 31.937 152.924 31.960
202403 31.469 153.035 31.469

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.


Entertainment Network (India)  (NSE:ENIL) 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.


Entertainment Network (India) Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Entertainment Network (India)'s Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Entertainment Network (India) (NSE:ENIL) Business Description

Traded in Other Exchanges
Address
Senapati Bapat Marg, 14th Floor, Trade World, D wing, Kamala Mills Compound, Lower Parel (West), Mumbai, MH, IND, 400013
Entertainment Network (India) Ltd is a radio broadcasting company. Its stations are Yo Punjabi Mirchi (Punjabi), Mirchi Tapaka (Telugu), Mirchi Top Takkar (Tamil), Wakao (cool Hindi retro), Mirchi Mehfil (Ghazals) and Mirchi Top 20. It has its FM radio stations under the brand name Radio Mirchi at various places in India. Mirchi streams around 16 online stations on the Gaana.com platform. The company provides radio advertising services and Media Solutions to clients. The firm classifies its Media Solutions as under Branded Solutions that provides various branded services which include Concerts, Award Shows, On-Air properties, Brand Licensing, Multimedia, and Digital services. Managed Solutions provides services to manage the intellectual properties, activities, or events of Clients.

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