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Corus Entertainment (TSX:CJR.B) Cyclically Adjusted PS Ratio : 0.05 (As of May. 23, 2024)


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What is Corus Entertainment Cyclically Adjusted PS Ratio?

As of today (2024-05-23), Corus Entertainment's current share price is C$0.48. Corus Entertainment's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was C$9.45. Corus Entertainment's Cyclically Adjusted PS Ratio for today is 0.05.

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

TSX:CJR.B' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.63   Max: 3.05
Current: 0.05

During the past years, Corus Entertainment's highest Cyclically Adjusted PS Ratio was 3.05. The lowest was 0.05. And the median was 0.63.

TSX:CJR.B's Cyclically Adjusted PS Ratio is ranked better than
97.6% of 709 companies
in the Media - Diversified industry
Industry Median: 0.89 vs TSX:CJR.B: 0.05

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.

Corus Entertainment's adjusted revenue per share data for the three months ended in Feb. 2024 was C$1.502. 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 C$9.45 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Corus Entertainment Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Corus Entertainment'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.

Corus Entertainment Cyclically Adjusted PS Ratio Chart

Corus Entertainment 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 0.51 0.33 0.66 0.38 0.14

Corus Entertainment Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.20 0.12 0.14 0.06 0.08

Competitive Comparison of Corus Entertainment's Cyclically Adjusted PS Ratio

For the Entertainment subindustry, Corus Entertainment'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.


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

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

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



Corus Entertainment 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.

Corus Entertainment's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.48/9.45
=0.05

* 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.

Corus Entertainment's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Corus Entertainment's adjusted Revenue per Share data for the three months ended in Feb. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=1.502/125.4675*125.4675
=1.502

Current CPI (Feb. 2024) = 125.4675.

Corus Entertainment Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 2.506 99.394 3.163
201408 2.350 99.315 2.969
201411 2.641 99.078 3.344
201502 2.221 99.078 2.813
201505 2.343 100.263 2.932
201508 2.226 100.579 2.777
201511 2.616 100.421 3.268
201602 2.255 100.421 2.817
201605 2.304 101.765 2.841
201608 1.972 101.686 2.433
201611 2.370 101.607 2.927
201702 1.840 102.476 2.253
201705 2.278 103.108 2.772
201708 1.880 103.108 2.288
201711 2.212 103.740 2.675
201802 1.782 104.688 2.136
201805 2.116 105.399 2.519
201808 1.801 106.031 2.131
201811 2.205 105.478 2.623
201902 1.812 106.268 2.139
201905 2.160 107.927 2.511
201908 1.779 108.085 2.065
201911 2.213 107.769 2.576
202002 1.787 108.559 2.065
202005 1.672 107.532 1.951
202008 1.528 108.243 1.771
202011 2.017 108.796 2.326
202102 1.721 109.745 1.968
202105 1.928 111.404 2.171
202108 1.728 112.668 1.924
202111 2.219 113.932 2.444
202202 1.735 115.986 1.877
202205 2.101 120.016 2.196
202208 1.687 120.569 1.756
202211 2.159 121.675 2.226
202302 1.724 122.070 1.772
202305 1.992 124.045 2.015
202308 1.699 125.389 1.700
202311 1.855 125.468 1.855
202402 1.502 125.468 1.502

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.


Corus Entertainment  (TSX:CJR.B) 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.


Corus Entertainment Cyclically Adjusted PS Ratio Related Terms

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


Corus Entertainment (TSX:CJR.B) Business Description

Traded in Other Exchanges
Address
25 Dockside Drive, Corus Quay, Toronto, ON, CAN, M5A 0B5
Corus Entertainment Inc is a media and content company that operates in the diversified media industry. The company has two business segments, which includes television, and radio. The television business segment has a portfolio of television channels. The radio business segment controls a number of stations that cater to the music, news, and talk radio markets. Television segment is the key revenue driver for the group. The company generates the vast majority of its revenue in Canada.

Corus Entertainment (TSX:CJR.B) Headlines

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