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Major Cineplex Group (FRA:MJG1) Cyclically Adjusted PS Ratio : 1.54 (As of Sep. 24, 2024)


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What is Major Cineplex Group Cyclically Adjusted PS Ratio?

As of today (2024-09-24), Major Cineplex Group's current share price is €0.386. Major Cineplex Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was €0.25. Major Cineplex Group's Cyclically Adjusted PS Ratio for today is 1.54.

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

FRA:MJG1' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.17   Med: 2.01   Max: 3.74
Current: 1.47

During the past years, Major Cineplex Group's highest Cyclically Adjusted PS Ratio was 3.74. The lowest was 1.17. And the median was 2.01.

FRA:MJG1's Cyclically Adjusted PS Ratio is ranked worse than
65.22% of 670 companies
in the Media - Diversified industry
Industry Median: 0.9 vs FRA:MJG1: 1.47

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.

Major Cineplex Group's adjusted revenue per share data for the three months ended in Jun. 2024 was €0.062. 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 €0.25 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Major Cineplex Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Major Cineplex Group'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.

Major Cineplex Group Cyclically Adjusted PS Ratio Chart

Major Cineplex Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.51 1.87 2.03 1.79 1.44

Major Cineplex Group Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 1.42 1.36 1.44 1.37 1.20

Competitive Comparison of Major Cineplex Group's Cyclically Adjusted PS Ratio

For the Entertainment subindustry, Major Cineplex Group'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.


Major Cineplex Group's Cyclically Adjusted PS Ratio Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Major Cineplex Group's Cyclically Adjusted PS Ratio falls into.



Major Cineplex Group 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.

Major Cineplex Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.386/0.25
=1.54

* 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.

Major Cineplex Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Major Cineplex Group's adjusted Revenue per Share data for the three months ended in Jun. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.062/132.5538*132.5538
=0.062

Current CPI (Jun. 2024) = 132.5538.

Major Cineplex Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 0.058 100.428 0.077
201412 0.059 99.070 0.079
201503 0.056 99.621 0.075
201506 0.079 100.684 0.104
201509 0.061 100.392 0.081
201512 0.056 99.792 0.074
201603 0.055 100.470 0.073
201606 0.079 101.688 0.103
201609 0.061 101.861 0.079
201612 0.056 101.863 0.073
201703 0.064 102.862 0.082
201706 0.081 103.349 0.104
201709 0.062 104.136 0.079
201712 0.054 104.011 0.069
201803 0.057 105.290 0.072
201806 0.088 106.317 0.110
201809 0.060 106.507 0.075
201812 0.089 105.998 0.111
201903 0.075 107.251 0.093
201906 0.101 108.070 0.124
201909 0.082 108.329 0.100
201912 0.089 108.420 0.109
202003 0.042 108.902 0.051
202006 0.007 108.767 0.009
202009 0.027 109.815 0.033
202012 0.040 109.897 0.048
202103 0.025 111.754 0.030
202106 0.013 114.631 0.015
202109 0.005 115.734 0.006
202112 0.045 117.630 0.051
202203 0.038 121.301 0.042
202206 0.051 125.017 0.054
202209 0.045 125.227 0.048
202212 0.055 125.222 0.058
202303 0.049 127.348 0.051
202306 0.068 128.729 0.070
202309 0.052 129.860 0.053
202312 0.089 129.419 0.091
202403 0.053 131.776 0.053
202406 0.062 132.554 0.062

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.


Major Cineplex Group  (FRA:MJG1) 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.


Major Cineplex Group Cyclically Adjusted PS Ratio Related Terms

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Major Cineplex Group Business Description

Traded in Other Exchanges
Address
1839, 1839/1-6 Phaholyothin Road, Ladyao, Jatujak, Bangkok, THA, 10900
Major Cineplex Group PLC is a diversified media company primary engaged in the operation of cinemas. The company has five primary business segments which include cinema operations, advertising and media services, bowling and karaoke services, rental, and movie content. The cinema operations segment owns and manages several chains of movie theaters and brands. The advertising & media services segment offers on-screen advertising and media solutions. The bowling & karaoke services offers its namesake services in branded outlets. The rental segment leases real estate space. The company's movie content segment funds, produces, and distributes feature film content, as well as content on the home video market. Major Cineplex Group generates the vast majority of its revenue in Thailand.

Major Cineplex Group Headlines

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