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Aquis Entertainment (ASX:AQS) Cyclically Adjusted PS Ratio : (As of May. 21, 2024)


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What is Aquis Entertainment Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Aquis Entertainment Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Aquis 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.

Aquis Entertainment Cyclically Adjusted PS Ratio Chart

Aquis Entertainment Annual Data
Trend Jun13 Jun14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.10 -

Aquis Entertainment Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 - 1.10 - - -

Competitive Comparison of Aquis Entertainment's Cyclically Adjusted PS Ratio

For the Resorts & Casinos subindustry, Aquis 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.


Aquis Entertainment's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Aquis Entertainment's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Aquis 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.

Aquis Entertainment's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Aquis Entertainment's adjusted Revenue per Share data for the fiscal year that ended in Dec22 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=0/121.4767*121.4767
=0.000

Current CPI (Dec22) = 121.4767.

Aquis Entertainment Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201306 0.000 95.473 0.000
201406 0.000 98.352 0.000
201512 0.121 100.673 0.146
201612 0.131 102.159 0.156
201712 0.141 104.110 0.165
201812 0.141 105.967 0.162
201912 0.132 107.917 0.149
202012 0.101 108.846 0.113
202112 0.134 112.654 0.144
202212 0.000 121.477 0.000

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.


Aquis Entertainment  (ASX:AQS) 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.


Aquis Entertainment Cyclically Adjusted PS Ratio Related Terms

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Aquis Entertainment (ASX:AQS) Business Description

Traded in Other Exchanges
N/A
Address
21 Binara Street, Canberra, ACT, AUS, 2601
Aquis Entertainment Ltd specializes in the development and operation of integrated resort projects that concentrate a wide range of tourism-oriented attractions into single, large-scale facilities. The company's only segment includes the gaming and entertainment industry in Australia. It owns Casino Canberra.

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