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ABS-CBN Holdings (PHS:ABSP) Cyclically Adjusted PS Ratio : 229.33 (As of Jun. 14, 2024)


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What is ABS-CBN Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-14), ABS-CBN Holdings's current share price is ₱6.88. ABS-CBN Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₱0.03. ABS-CBN Holdings's Cyclically Adjusted PS Ratio for today is 229.33.

The historical rank and industry rank for ABS-CBN Holdings's Cyclically Adjusted PS Ratio or its related term are showing as below:

PHS:ABSP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 90   Med: 593.5   Max: 1305
Current: 277.37

During the past years, ABS-CBN Holdings's highest Cyclically Adjusted PS Ratio was 1305.00. The lowest was 90.00. And the median was 593.50.

PHS:ABSP's Cyclically Adjusted PS Ratio is ranked worse than
100% of 602 companies
in the Capital Markets industry
Industry Median: 3.105 vs PHS:ABSP: 277.37

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.

ABS-CBN Holdings's adjusted revenue per share data for the three months ended in Mar. 2024 was ₱0.002. 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 ₱0.03 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ABS-CBN Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for ABS-CBN Holdings'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.

ABS-CBN Holdings Cyclically Adjusted PS Ratio Chart

ABS-CBN Holdings 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 931.31 730.02 670.49 396.64 178.84

ABS-CBN Holdings 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 363.01 299.44 165.08 178.84 157.73

Competitive Comparison of ABS-CBN Holdings's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, ABS-CBN Holdings'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.


ABS-CBN Holdings's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, ABS-CBN Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where ABS-CBN Holdings's Cyclically Adjusted PS Ratio falls into.



ABS-CBN Holdings 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.

ABS-CBN Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.88/0.03
=229.33

* 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.

ABS-CBN Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, ABS-CBN Holdings'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)
=0.002/131.7762*131.7762
=0.002

Current CPI (Mar. 2024) = 131.7762.

ABS-CBN Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.005 100.560 0.007
201409 0.006 100.428 0.008
201412 0.007 99.070 0.009
201503 0.004 99.621 0.005
201506 0.004 100.684 0.005
201509 0.004 100.392 0.005
201512 0.009 99.792 0.012
201603 0.005 100.470 0.007
201606 0.005 101.688 0.006
201609 0.004 101.861 0.005
201612 0.004 101.863 0.005
201703 0.004 102.862 0.005
201706 0.004 103.349 0.005
201709 0.004 104.136 0.005
201712 0.004 104.011 0.005
201803 0.003 105.290 0.004
201806 0.003 106.317 0.004
201809 0.003 106.507 0.004
201812 0.004 105.998 0.005
201903 0.003 107.251 0.004
201906 0.002 108.070 0.002
201909 0.001 108.329 0.001
201912 0.001 108.420 0.001
202003 0.004 108.902 0.005
202006 0.003 108.767 0.004
202009 0.002 109.815 0.002
202012 0.009 109.897 0.011
202103 0.003 111.754 0.004
202106 0.004 114.631 0.005
202109 0.004 115.734 0.005
202112 0.002 117.630 0.002
202203 0.002 121.301 0.002
202206 0.005 125.017 0.005
202209 0.006 125.227 0.006
202212 0.004 125.222 0.004
202303 0.002 127.348 0.002
202306 0.003 128.729 0.003
202309 0.006 129.860 0.006
202312 0.071 129.419 0.072
202403 0.002 131.776 0.002

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.


ABS-CBN Holdings  (PHS:ABSP) 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.


ABS-CBN Holdings Cyclically Adjusted PS Ratio Related Terms

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


ABS-CBN Holdings (PHS:ABSP) Business Description

Traded in Other Exchanges
Address
Sheridan Street corner United Street, 16th Floor, North Tower, Rockwell Business Center, Barangay Highway Hills, Mandaluyong, PHL, 1554
ABS-CBN Holdings Corp is engaged in the business of capital markets. It is involved in investing, purchasing and holding real and personal property including shares of stock, bonds, debentures, notes, and others. The reimbursements from Philippine depository receipt generates maximum revenue for the company. It operates in the Philippines market region.

ABS-CBN Holdings (PHS:ABSP) Headlines

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