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Saga Communications (FRA:SGHB) Cyclically Adjusted PS Ratio : 0.69 (As of Jun. 06, 2024)


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What is Saga Communications Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Saga Communications's current share price is €15.30. Saga Communications's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €22.15. Saga Communications's Cyclically Adjusted PS Ratio for today is 0.69.

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

FRA:SGHB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.71   Med: 1.44   Max: 2.26
Current: 0.71

During the past years, Saga Communications's highest Cyclically Adjusted PS Ratio was 2.26. The lowest was 0.71. And the median was 1.44.

FRA:SGHB's Cyclically Adjusted PS Ratio is ranked better than
57.4% of 716 companies
in the Media - Diversified industry
Industry Median: 0.88 vs FRA:SGHB: 0.71

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.

Saga Communications's adjusted revenue per share data for the three months ended in Mar. 2024 was €3.743. 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 €22.15 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Saga Communications Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Saga Communications'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.

Saga Communications Cyclically Adjusted PS Ratio Chart

Saga Communications 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 1.29 1.05 1.02 0.98 0.93

Saga Communications Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.92 0.88 0.89 0.93 0.93

Competitive Comparison of Saga Communications's Cyclically Adjusted PS Ratio

For the Broadcasting subindustry, Saga Communications'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.


Saga Communications's Cyclically Adjusted PS Ratio Distribution in the Media - Diversified Industry

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

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



Saga Communications 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.

Saga Communications's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.30/22.15
=0.69

* 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.

Saga Communications's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Saga Communications's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=3.743/131.7762*131.7762
=3.743

Current CPI (Mar. 2024) = 131.7762.

Saga Communications Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.327 100.560 5.670
201409 4.645 100.428 6.095
201412 5.122 99.070 6.813
201503 4.660 99.621 6.164
201506 5.318 100.684 6.960
201509 5.240 100.392 6.878
201512 2.337 99.792 3.086
201603 5.106 100.470 6.697
201606 4.767 101.688 6.177
201609 4.618 101.861 5.974
201612 5.027 101.863 6.503
201703 4.215 102.862 5.400
201706 4.639 103.349 5.915
201709 4.373 104.136 5.534
201712 4.571 104.011 5.791
201803 3.888 105.290 4.866
201806 4.730 106.317 5.863
201809 4.659 106.507 5.764
201812 4.977 105.998 6.187
201903 4.215 107.251 5.179
201906 4.875 108.070 5.944
201909 4.868 108.329 5.922
201912 4.920 108.420 5.980
202003 4.019 108.902 4.863
202006 2.552 108.767 3.092
202009 3.492 109.815 4.190
202012 4.018 109.897 4.818
202103 3.168 111.754 3.736
202106 3.934 114.631 4.522
202109 4.144 115.734 4.718
202112 4.358 117.630 4.882
202203 3.811 121.301 4.140
202206 4.740 125.017 4.996
202209 5.080 125.227 5.346
202212 4.771 125.222 5.021
202303 3.921 127.348 4.057
202306 4.464 128.729 4.570
202309 4.528 129.860 4.595
202312 4.391 129.419 4.471
202403 3.743 131.776 3.743

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.


Saga Communications  (FRA:SGHB) 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.


Saga Communications Cyclically Adjusted PS Ratio Related Terms

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


Saga Communications (FRA:SGHB) Business Description

Traded in Other Exchanges
Address
73 Kercheval Avenue, Grosse Pointe Farms, MI, USA, 48236
Saga Communications Inc is a broadcast company engaged in acquiring, developing, and operating broadcast properties. The company's objective is to operate top-billing radio stations in mid-sized markets and It derives a majority of its revenue from the sale of advertising for broadcast on its stations.

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