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Hindustan Media Ventures (NSE:HMVL) Cyclically Adjusted PS Ratio : 0.75 (As of Jun. 17, 2024)


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What is Hindustan Media Ventures Cyclically Adjusted PS Ratio?

As of today (2024-06-17), Hindustan Media Ventures's current share price is ₹102.48. Hindustan Media Ventures's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹136.97. Hindustan Media Ventures's Cyclically Adjusted PS Ratio for today is 0.75.

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

NSE:HMVL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.45   Max: 0.88
Current: 0.75

During the past years, Hindustan Media Ventures's highest Cyclically Adjusted PS Ratio was 0.88. The lowest was 0.30. And the median was 0.45.

NSE:HMVL's Cyclically Adjusted PS Ratio is ranked better than
55.03% of 716 companies
in the Media - Diversified industry
Industry Median: 0.89 vs NSE:HMVL: 0.75

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.

Hindustan Media Ventures's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹23.696. 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 ₹136.97 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hindustan Media Ventures Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Hindustan Media Ventures'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.

Hindustan Media Ventures Cyclically Adjusted PS Ratio Chart

Hindustan Media Ventures Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.45 0.30 0.78

Hindustan Media Ventures 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 0.30 0.45 0.50 0.65 0.78

Competitive Comparison of Hindustan Media Ventures's Cyclically Adjusted PS Ratio

For the Publishing subindustry, Hindustan Media Ventures'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.


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

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

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



Hindustan Media Ventures 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=102.48/136.97
=0.75

* 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.

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

For example, Hindustan Media Ventures'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)
=23.696/153.0345*153.0345
=23.696

Current CPI (Mar. 2024) = 153.0345.

Hindustan Media Ventures Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 24.620 91.425 41.211
201406 28.246 94.103 45.935
201409 26.460 96.780 41.840
201412 27.944 96.780 44.187
201503 27.136 97.163 42.740
201506 30.224 99.841 46.327
201509 30.357 101.753 45.656
201512 32.348 102.901 48.108
201603 30.937 102.518 46.181
201606 32.614 105.961 47.103
201609 31.286 105.961 45.185
201612 31.373 105.196 45.640
201703 29.116 105.196 42.357
201706 32.287 107.109 46.131
201709 28.720 109.021 40.315
201712 31.351 109.404 43.854
201803 27.533 109.786 38.379
201809 28.062 115.142 37.297
201812 30.000 115.142 39.873
201903 27.023 118.202 34.986
201906 29.595 120.880 37.467
201909 26.148 123.175 32.487
201912 28.326 126.235 34.339
202003 22.544 124.705 27.665
202006 12.240 127.000 14.749
202009 17.703 130.118 20.821
202012 22.055 130.889 25.787
202103 20.452 131.771 23.752
202106 14.770 134.084 16.857
202109 22.166 135.847 24.970
202112 27.103 138.161 30.021
202203 19.913 138.822 21.952
202206 22.786 142.347 24.497
202209 23.813 144.661 25.191
202212 24.031 145.763 25.230
202303 25.531 146.865 26.604
202306 22.793 150.280 23.211
202309 22.353 151.492 22.581
202312 24.542 152.924 24.560
202403 23.696 153.035 23.696

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.


Hindustan Media Ventures  (NSE:HMVL) 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.


Hindustan Media Ventures Cyclically Adjusted PS Ratio Related Terms

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


Hindustan Media Ventures (NSE:HMVL) Business Description

Traded in Other Exchanges
Address
18-20, Kasturba Gandhi Marg, Hindustan Times House, 2nd Floor, New Delhi, IND, 110 001
Hindustan Media Ventures Ltd is an Indian newspaper publishing company. It is engaged in the business of printing and publication of newspapers and periodicals. It publishes global, national and local news, covering politics, business, entertainment, sports and other topics of general interest. The company publishes Hindustan, a Hindi Daily, and Hindi magazines Nandan, Kadambini, and Hum Tum, among others. The group sells its products mostly within India.

Hindustan Media Ventures (NSE:HMVL) Headlines

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