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GTN (Gray Media) Cyclically Adjusted PS Ratio : 0.28 (As of May. 28, 2025)


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What is Gray Media Cyclically Adjusted PS Ratio?

As of today (2025-05-28), Gray Media's current share price is $4.035. Gray Media's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was $14.66. Gray Media's Cyclically Adjusted PS Ratio for today is 0.28.

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

GTN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.25   Med: 1.37   Max: 2.46
Current: 0.31

During the past years, Gray Media's highest Cyclically Adjusted PS Ratio was 2.46. The lowest was 0.25. And the median was 1.37.

GTN's Cyclically Adjusted PS Ratio is ranked better than
73.42% of 666 companies
in the Media - Diversified industry
Industry Median: 0.95 vs GTN: 0.31

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.

Gray Media's adjusted revenue per share data for the three months ended in Mar. 2025 was $8.146. 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 $14.66 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gray Media Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Gray Media'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.

Gray Media Cyclically Adjusted PS Ratio Chart

Gray Media Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.35 1.22 0.57 0.38 0.28

Gray Media Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.36 0.37 0.28 0.28 0.29

Competitive Comparison of Gray Media's Cyclically Adjusted PS Ratio

For the Broadcasting subindustry, Gray Media'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.


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

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

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


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Gray Media 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.

Gray Media's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.035/14.66
=0.28

* 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.

Gray Media's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Gray Media's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=8.146/134.9266*134.9266
=8.146

Current CPI (Mar. 2025) = 134.9266.

Gray Media Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 1.985 100.684 2.660
201509 2.089 100.392 2.808
201512 2.339 99.792 3.162
201603 2.393 100.470 3.214
201606 2.703 101.688 3.587
201609 2.845 101.861 3.769
201612 3.260 101.863 4.318
201703 2.806 102.862 3.681
201706 3.127 103.349 4.082
201709 3.022 104.136 3.916
201712 2.978 104.011 3.863
201803 2.511 105.290 3.218
201806 2.841 106.317 3.606
201809 3.135 106.507 3.972
201812 3.685 105.998 4.691
201903 5.232 107.251 6.582
201906 5.030 108.070 6.280
201909 5.119 108.329 6.376
201912 5.790 108.420 7.206
202003 5.394 108.902 6.683
202006 4.649 108.767 5.767
202009 6.292 109.815 7.731
202012 8.165 109.897 10.025
202103 5.726 111.754 6.913
202106 5.758 114.631 6.777
202109 6.326 115.734 7.375
202112 7.357 117.630 8.439
202203 8.798 121.301 9.786
202206 9.234 125.017 9.966
202209 9.880 125.227 10.645
202212 11.527 125.222 12.420
202303 8.707 127.348 9.225
202306 8.742 128.729 9.163
202309 8.634 129.860 8.971
202312 9.391 129.419 9.791
202403 8.663 131.776 8.870
202406 8.604 132.554 8.758
202409 9.794 133.029 9.934
202412 10.885 133.157 11.030
202503 8.146 134.927 8.146

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.


Gray Media  (NYSE:GTN) 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.


Gray Media Cyclically Adjusted PS Ratio Related Terms

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


Gray Media Business Description

Traded in Other Exchanges
Address
4370 Peachtree Road NE, Suite 400, Atlanta, GA, USA, 30319
Gray Media Inc is a multimedia company. The company owns and operates local television stations and digital assets. It also owns Gray Digital Media, a full-service digital agency offering national and local clients digital marketing strategies with digital products and services. Its additional media properties include video production companies Raycom Sports, Tupelo Media Group, and PowerNation Studios, and studio production facilities Assembly Atlanta and Third Rail Studios.
Executives
Richard Lee Boger director
Paul Mctear director 1451 WEST CYPRESS CREEK ROAD, SUITE 300, FORT LAUDERDALE FL 33309
Kevin Paul Latek officer: EVP Chief L & D Officer 4370 PEACHTREE ROAD, NE, ATLANTA GA 30319
Howell Hilton H Jr director, officer: Chairman, President & CEO 4370 PEACHTREE ROAD, N.E., ATLANTA GA 30319
Robin Robinson Howell director 3656 TUXEDO ROAD NW, ATLANTA GA 30305
T L Elder director 5087 PINE BARK CIRCLE, DUNWOODY GA 30338
Sandra Breland Mcnamara officer: Executive Vice President, COO 4370 PEACHTREE ROAD, NE, ATLANTA GA 30319
Harriett J Robinson director
D Patrick Laplatney director 1451 WEST CYPRUS CREEK ROAD, SUITE 300, FORT LAUDERDALE FL 33309
Cowart Jackson S Iv officer: Chief Accounting Officer 126 N WASHINGTON STREET, ALBANY GA 31701
James C Ryan officer: EVP & Chief Financial Officer
Lorri Mcclain director 4370 PEACHTREE ROAD, NE, ATLANTA GA 30319
Robert Lawrence Smith officer: SVP & COO 4370 PEACHTREE ROAD NE, SUITE 400, ATLANTA GA 30319
Spainhour Sterling A Jr. director 4370 PEACHTREE ROAD, NE, ATLANTA GA 30319
Bankers Fidelity Life Insurance Co 10 percent owner 4370 PEACHTREE ROAD NE, ATLANTA GA 30319