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Sun TV Network (NSE:SUNTV) Cyclically Adjusted PS Ratio : 6.24 (As of May. 01, 2024)


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What is Sun TV Network Cyclically Adjusted PS Ratio?

As of today (2024-05-01), Sun TV Network's current share price is ₹655.40. Sun TV Network's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹105.02. Sun TV Network's Cyclically Adjusted PS Ratio for today is 6.24.

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

NSE:SUNTV' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.6   Med: 5.94   Max: 6.88
Current: 6.33

During the past years, Sun TV Network's highest Cyclically Adjusted PS Ratio was 6.88. The lowest was 5.60. And the median was 5.94.

NSE:SUNTV's Cyclically Adjusted PS Ratio is ranked worse than
94.84% of 697 companies
in the Media - Diversified industry
Industry Median: 0.9 vs NSE:SUNTV: 6.33

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.

Sun TV Network's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹23.432. 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 ₹105.02 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sun TV Network Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sun TV Network'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.

Sun TV Network Cyclically Adjusted PS Ratio Chart

Sun TV Network Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
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Sun TV Network Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - - - - 6.78

Competitive Comparison of Sun TV Network's Cyclically Adjusted PS Ratio

For the Broadcasting subindustry, Sun TV Network'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.


Sun TV Network's Cyclically Adjusted PS Ratio Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Sun TV Network's Cyclically Adjusted PS Ratio falls into.



Sun TV Network 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.

Sun TV Network's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=655.40/105.02
=6.24

* 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.

Sun TV Network's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Sun TV Network's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=23.432/153.2548*153.2548
=23.432

Current CPI (Dec. 2023) = 153.2548.

Sun TV Network Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200503 0.000 43.531 0.000
200603 0.000 45.521 0.000
200703 0.000 48.581 0.000
200903 0.000 56.615 0.000
201003 0.000 65.030 0.000
201103 0.000 70.768 0.000
201203 0.000 76.889 0.000
201303 0.000 85.687 0.000
201403 0.000 91.425 0.000
201503 0.000 97.163 0.000
201509 14.414 101.753 21.710
201512 14.548 102.901 21.667
201603 16.337 102.518 24.422
201609 15.872 105.961 22.956
201612 14.951 105.196 21.781
201703 16.991 105.196 24.753
201803 0.000 109.786 0.000
201806 29.100 111.317 40.063
201809 19.793 115.142 26.345
201812 23.851 115.142 31.746
201903 23.264 118.202 30.163
201906 28.187 120.880 35.736
201909 20.406 123.175 25.389
201912 21.520 126.235 26.126
202003 19.211 124.705 23.609
202006 15.517 127.000 18.725
202009 19.499 130.118 22.966
202012 25.227 130.889 29.538
202103 20.365 131.771 23.685
202106 20.762 134.084 23.730
202109 21.546 135.847 24.307
202112 26.927 138.161 29.869
202203 21.731 138.822 23.990
202206 30.955 142.347 33.327
202209 20.940 144.661 22.184
202212 22.516 145.763 23.673
202303 21.309 146.865 22.236
202306 34.236 150.280 34.914
202309 26.632 151.492 26.942
202312 23.432 153.255 23.432

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.


Sun TV Network  (NSE:SUNTV) 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.


Sun TV Network Cyclically Adjusted PS Ratio Related Terms

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


Sun TV Network (NSE:SUNTV) Business Description

Traded in Other Exchanges
Address
73, MRC Nagar Main Road, Murasoli Maran Towers, MRC Nagar, Chennai, TN, IND, 600028
Sun TV Network Ltd is a media and entertainment company. The group owns and operates a series of television networks across four languages in the news, music, action, life, movies, kids, and comedy genres. It also airs FM stations in several Indian languages. Its business activities are reported under a single segment being Broadcasting. The company generates revenues from advertising, broadcasting fees, International subscriptions, other subscriptions, movie distribution, and content trading. Geographically, the group is focused on the Indian market with few operations outside India.

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