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i-CABLE Communications (i-CABLE Communications) Cyclically Adjusted PS Ratio : 0.10 (As of May. 16, 2024)


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What is i-CABLE Communications Cyclically Adjusted PS Ratio?

As of today (2024-05-16), i-CABLE Communications's current share price is $0.001. i-CABLE Communications's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was $0.01. i-CABLE Communications's Cyclically Adjusted PS Ratio for today is 0.10.

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

ICABF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.19   Max: 0.9
Current: 0.09

During the past 13 years, i-CABLE Communications's highest Cyclically Adjusted PS Ratio was 0.90. The lowest was 0.08. And the median was 0.19.

ICABF's Cyclically Adjusted PS Ratio is ranked better than
95.18% of 706 companies
in the Media - Diversified industry
Industry Median: 0.9 vs ICABF: 0.09

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.

i-CABLE Communications's adjusted revenue per share data of for the fiscal year that ended in Dec23 was $0.011. 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 $0.01 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


i-CABLE Communications Cyclically Adjusted PS Ratio Historical Data

The historical data trend for i-CABLE 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.

i-CABLE Communications Cyclically Adjusted PS Ratio Chart

i-CABLE 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 0.11 0.13 0.17 0.11 0.11

i-CABLE Communications Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.17 - 0.11 - 0.11

Competitive Comparison of i-CABLE Communications's Cyclically Adjusted PS Ratio

For the Entertainment subindustry, i-CABLE 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.


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

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

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



i-CABLE 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.

i-CABLE Communications's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.001/0.01
=0.10

* 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.

i-CABLE Communications's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, i-CABLE Communications's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.011/117.2957*117.2957
=0.011

Current CPI (Dec23) = 117.2957.

i-CABLE Communications Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.065 99.707 0.076
201512 0.059 102.015 0.068
201612 0.071 103.225 0.081
201712 0.044 104.984 0.049
201812 0.024 107.622 0.026
201912 0.022 110.700 0.023
202012 0.019 109.711 0.020
202112 0.018 112.349 0.019
202212 0.010 114.548 0.010
202312 0.011 117.296 0.011

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.


i-CABLE Communications  (OTCPK:ICABF) 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.


i-CABLE Communications Cyclically Adjusted PS Ratio Related Terms

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


i-CABLE Communications (i-CABLE Communications) Business Description

Traded in Other Exchanges
Address
9 Hoi Shing Road, 7th Floor, Cable TV Tower, Tsuen Wan, Hong Kong, HKG
i-CABLE Communications Ltd is an investment holding company engaged in operating in two business segments; The media segment includes operations related to the television subscription business, domestic free television program service, advertising, channel carriage, television relay service, program licensing, theatrical release, and other related businesses, and The telecommunications segment includes operations related to broadband internet access services, portal operation, telephony services, network leasing, network construction, mobile service, and mobile agency service as well as other related businesses.

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