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Next Mediaworks (BOM:532416) Cyclically Adjusted PS Ratio : 0.68 (As of May. 03, 2024)


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What is Next Mediaworks Cyclically Adjusted PS Ratio?

As of today (2024-05-03), Next Mediaworks's current share price is ₹7.83. Next Mediaworks's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹11.59. Next Mediaworks's Cyclically Adjusted PS Ratio for today is 0.68.

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

BOM:532416' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.46   Max: 0.85
Current: 0.64

During the past years, Next Mediaworks's highest Cyclically Adjusted PS Ratio was 0.85. The lowest was 0.28. And the median was 0.46.

BOM:532416's Cyclically Adjusted PS Ratio is ranked better than
60.71% of 700 companies
in the Media - Diversified industry
Industry Median: 0.905 vs BOM:532416: 0.64

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.

Next Mediaworks's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹1.591. 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 ₹11.59 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Next Mediaworks Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Next Mediaworks'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.

Next Mediaworks Cyclically Adjusted PS Ratio Chart

Next Mediaworks Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.28 0.43 0.36

Next Mediaworks Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.60 0.36 0.42 0.46 0.55

Competitive Comparison of Next Mediaworks's Cyclically Adjusted PS Ratio

For the Broadcasting subindustry, Next Mediaworks'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.


Next Mediaworks's Cyclically Adjusted PS Ratio Distribution in the Media - Diversified Industry

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

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



Next Mediaworks 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.

Next Mediaworks's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.83/11.59
=0.68

* 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.

Next Mediaworks's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Next Mediaworks's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.591/153.2548*153.2548
=1.591

Current CPI (Dec. 2023) = 153.2548.

Next Mediaworks Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.501 91.425 4.192
201406 2.479 94.103 4.037
201409 2.560 96.780 4.054
201412 3.082 96.780 4.880
201503 2.612 97.163 4.120
201506 2.648 99.841 4.065
201509 2.840 101.753 4.277
201512 3.415 102.901 5.086
201603 2.645 102.518 3.954
201606 3.123 105.961 4.517
201609 4.452 105.961 6.439
201612 3.032 105.196 4.417
201703 2.568 105.196 3.741
201706 2.336 107.109 3.342
201709 2.843 109.021 3.996
201712 3.174 109.404 4.446
201803 3.066 109.786 4.280
201806 2.474 111.317 3.406
201809 2.944 115.142 3.918
201812 3.933 115.142 5.235
201903 1.654 118.202 2.144
201906 1.978 120.880 2.508
201909 2.216 123.175 2.757
201912 1.833 126.235 2.225
202003 1.857 124.705 2.282
202006 0.305 127.000 0.368
202009 0.620 130.118 0.730
202012 1.010 130.889 1.183
202103 0.980 131.771 1.140
202106 0.445 134.084 0.509
202109 0.936 135.847 1.056
202112 1.304 138.161 1.446
202203 1.161 138.822 1.282
202206 1.191 142.347 1.282
202209 1.170 144.661 1.240
202212 1.547 145.763 1.627
202303 1.499 146.865 1.564
202306 1.335 150.280 1.361
202309 1.213 151.492 1.227
202312 1.591 153.255 1.591

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.


Next Mediaworks  (BOM:532416) 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.


Next Mediaworks Cyclically Adjusted PS Ratio Related Terms

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


Next Mediaworks (BOM:532416) Business Description

Traded in Other Exchanges
Address
18-20, Kasturba Gandhi Marg, Hindustan Times House, 2nd Floor, New Delhi, IND, 110001
Next Mediaworks Ltd is an Indian based company engaged in the FM Radio broadcasting business. It operates under frequency 94.3MHz in all its cities except for the city of Ahmedabad where it operates under the frequency 95 MHz. The company has one operating segment, i.e. Media and Entertainment.

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