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Smiths News (Smiths News) Cyclically Adjusted PS Ratio : 0.06 (As of Apr. 30, 2024)


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What is Smiths News Cyclically Adjusted PS Ratio?

As of today (2024-04-30), Smiths News's current share price is $4.13. Smiths News's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Aug23 was $69.19. Smiths News's Cyclically Adjusted PS Ratio for today is 0.06.

The historical rank and industry rank for Smiths News's Cyclically Adjusted PS Ratio or its related term are showing as below:

SMWPY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.07   Max: 0.24
Current: 0.07

During the past 13 years, Smiths News's highest Cyclically Adjusted PS Ratio was 0.24. The lowest was 0.02. And the median was 0.07.

SMWPY's Cyclically Adjusted PS Ratio is ranked better than
96.13% of 697 companies
in the Media - Diversified industry
Industry Median: 0.89 vs SMWPY: 0.07

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.

Smiths News's adjusted revenue per share data of for the fiscal year that ended in Aug23 was $111.038. 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 $69.19 for the trailing ten years ended in Aug23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Smiths News Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Smiths News'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.

Smiths News Cyclically Adjusted PS Ratio Chart

Smiths News Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.03 0.05 0.04 0.06

Smiths News Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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 0.05 - 0.04 - 0.06

Competitive Comparison of Smiths News's Cyclically Adjusted PS Ratio

For the Publishing subindustry, Smiths News'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.


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

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

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



Smiths News 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.

Smiths News's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.13/69.19
=0.06

* 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.

Smiths News's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Aug23 is calculated as:

For example, Smiths News's adjusted Revenue per Share data for the fiscal year that ended in Aug23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Aug23 (Change)*Current CPI (Aug23)
=111.038/129.4000*129.4000
=111.038

Current CPI (Aug23) = 129.4000.

Smiths News Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201408 282.961 99.900 366.518
201508 244.924 100.300 315.984
201608 174.516 101.200 223.146
201708 167.219 104.000 208.059
201808 160.540 106.500 195.060
201908 128.715 108.300 153.792
202008 125.172 108.800 148.872
202108 119.104 112.100 137.485
202208 103.536 121.800 109.996
202308 111.038 129.400 111.038

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.


Smiths News  (OTCPK:SMWPY) 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.


Smiths News Cyclically Adjusted PS Ratio Related Terms

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


Smiths News (Smiths News) Business Description

Traded in Other Exchanges
Address
Rowan House, Cherry Orchard North, Kembrey Park, Swindon, Wiltshire, GBR, SN2 8UH
Smiths News PLC is a UK-based wholesale distributor of published content. The group is one of the UK's foremost publishers of newspapers and magazines, and it also operates as a book distributor through bookstores and an online platform serving the needs of academics and public libraries. Geographically, it derives a majority of revenue from the United Kingdom. Its segments include Smiths News Core; Dawson Media Direct (DMD); Instore and others.

Smiths News (Smiths News) Headlines