GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Nine Entertainment Co. Holdings Ltd (ASX:NEC) » Definitions » Cyclically Adjusted PS Ratio

Nine Entertainment Co. Holdings (ASX:NEC) Cyclically Adjusted PS Ratio : 0.74 (As of Dec. 15, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Nine Entertainment Co. Holdings Cyclically Adjusted PS Ratio?

As of today (2024-12-15), Nine Entertainment Co. Holdings's current share price is A$1.265. Nine Entertainment Co. Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun24 was A$1.72. Nine Entertainment Co. Holdings's Cyclically Adjusted PS Ratio for today is 0.74.

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

ASX:NEC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.66   Med: 0.97   Max: 1.24
Current: 0.73

During the past 11 years, Nine Entertainment Co. Holdings's highest Cyclically Adjusted PS Ratio was 1.24. The lowest was 0.66. And the median was 0.97.

ASX:NEC's Cyclically Adjusted PS Ratio is ranked better than
58.75% of 623 companies
in the Media - Diversified industry
Industry Median: 1.04 vs ASX:NEC: 0.73

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.

Nine Entertainment Co. Holdings's adjusted revenue per share data of for the fiscal year that ended in Jun24 was A$1.622. 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 A$1.72 for the trailing ten years ended in Jun24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nine Entertainment Co. Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Nine Entertainment Co. 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.

Nine Entertainment Co. Holdings Cyclically Adjusted PS Ratio Chart

Nine Entertainment Co. Holdings Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.14 0.81

Nine Entertainment Co. Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - - 1.14 - 0.81

Competitive Comparison of Nine Entertainment Co. Holdings's Cyclically Adjusted PS Ratio

For the Entertainment subindustry, Nine Entertainment Co. 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.


Nine Entertainment Co. Holdings's Cyclically Adjusted PS Ratio Distribution in the Media - Diversified Industry

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

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



Nine Entertainment Co. 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.

Nine Entertainment Co. Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.265/1.72
=0.74

* 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.

Nine Entertainment Co. Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun24 is calculated as:

For example, Nine Entertainment Co. Holdings's adjusted Revenue per Share data for the fiscal year that ended in Jun24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun24 (Change)*Current CPI (Jun24)
=1.622/128.9064*128.9064
=1.622

Current CPI (Jun24) = 128.9064.

Nine Entertainment Co. Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201506 1.466 99.838 1.893
201606 1.455 100.859 1.860
201706 1.420 102.809 1.780
201806 1.514 104.945 1.860
201906 1.382 106.617 1.671
202006 1.274 106.246 1.546
202106 1.368 110.332 1.598
202206 1.578 117.112 1.737
202306 1.612 124.170 1.673
202406 1.622 128.906 1.622

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.


Nine Entertainment Co. Holdings  (ASX:NEC) 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.


Nine Entertainment Co. Holdings Cyclically Adjusted PS Ratio Related Terms

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


Nine Entertainment Co. Holdings Business Description

Traded in Other Exchanges
Address
1 Denison Street, Level 9, North Sydney, Sydney, NSW, AUS, 2060
Nine Entertainment is the biggest media conglomerate in Australia. It operates Nine Network, a free-to-air TV network across five capital cities, as well as in a number of regional areas. It owns 9Now, a leading broadcast video on demand, or BVOD, operation. Its publishing unit is the second-largest newspaper group in Australia with key mastheads such as Australian Financial Review, Sydney Morning Herald, and The Age. Nine also operates a leading domestic-owned subscription video on demand, or SVOD, business in Australia called Stan, and a talk-based radio network. It has a 60% interest in Domain, the number-two player in the lucrative Australian digital property listings market.

Nine Entertainment Co. Holdings Headlines

No Headlines