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Zee Entertainment Enterprises (NSE:ZEEL) Cyclically Adjusted PS Ratio : 1.40 (As of May. 15, 2024)


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What is Zee Entertainment Enterprises Cyclically Adjusted PS Ratio?

As of today (2024-05-15), Zee Entertainment Enterprises's current share price is ₹131.70. Zee Entertainment Enterprises's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₹94.15. Zee Entertainment Enterprises's Cyclically Adjusted PS Ratio for today is 1.40.

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

NSE:ZEEL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.39   Med: 2.86   Max: 5.91
Current: 1.39

During the past years, Zee Entertainment Enterprises's highest Cyclically Adjusted PS Ratio was 5.91. The lowest was 1.39. And the median was 2.86.

NSE:ZEEL's Cyclically Adjusted PS Ratio is ranked worse than
63.07% of 704 companies
in the Media - Diversified industry
Industry Median: 0.9 vs NSE:ZEEL: 1.39

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.

Zee Entertainment Enterprises's adjusted revenue per share data for the three months ended in Dec. 2023 was ₹21.316. 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 ₹94.15 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zee Entertainment Enterprises Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Zee Entertainment Enterprises'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.

Zee Entertainment Enterprises Cyclically Adjusted PS Ratio Chart

Zee Entertainment Enterprises Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.73 2.66 3.48 2.38

Zee Entertainment Enterprises 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 2.72 2.38 1.94 2.84 2.92

Competitive Comparison of Zee Entertainment Enterprises's Cyclically Adjusted PS Ratio

For the Broadcasting subindustry, Zee Entertainment Enterprises'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.


Zee Entertainment Enterprises's Cyclically Adjusted PS Ratio Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Zee Entertainment Enterprises's Cyclically Adjusted PS Ratio falls into.



Zee Entertainment Enterprises 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.

Zee Entertainment Enterprises's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=131.70/94.15
=1.40

* 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.

Zee Entertainment Enterprises's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Zee Entertainment Enterprises'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)
=21.316/153.2548*153.2548
=21.316

Current CPI (Dec. 2023) = 153.2548.

Zee Entertainment Enterprises Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 12.066 91.425 20.226
201406 9.420 94.103 15.341
201409 9.825 96.780 15.558
201412 12.506 96.780 19.804
201503 14.026 97.163 22.123
201506 13.849 99.841 21.258
201509 14.327 101.753 21.578
201512 16.482 102.901 24.547
201603 15.853 102.518 23.699
201606 16.371 105.961 23.678
201609 17.639 105.961 25.512
201612 17.057 105.196 24.849
201703 15.913 105.196 23.183
201706 16.060 107.109 22.979
201709 16.467 109.021 23.148
201712 19.154 109.404 26.831
201803 18.001 109.786 25.128
201806 18.460 111.317 25.415
201809 20.593 115.142 27.409
201812 22.578 115.142 30.052
201903 21.018 118.202 27.251
201906 20.892 120.880 26.487
201909 22.081 123.175 27.473
201912 21.341 126.235 25.909
202003 20.331 124.705 24.986
202006 13.824 127.000 16.682
202009 17.947 130.118 21.138
202012 28.392 130.889 33.243
202103 20.351 131.771 23.669
202106 18.519 134.084 21.167
202109 20.582 135.847 23.219
202112 21.994 138.161 24.397
202203 24.128 138.822 26.637
202206 19.192 142.347 20.663
202209 21.155 144.661 22.412
202212 21.677 145.763 22.791
202303 21.948 146.865 22.903
202306 20.796 150.280 21.208
202309 25.377 151.492 25.672
202312 21.316 153.255 21.316

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.


Zee Entertainment Enterprises  (NSE:ZEEL) 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.


Zee Entertainment Enterprises Cyclically Adjusted PS Ratio Related Terms

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


Zee Entertainment Enterprises (NSE:ZEEL) Business Description

Traded in Other Exchanges
Address
N.M. Joshi Marg, 18th Floor, A-Wing, Marathon Futurex, Lower Parel, Mumbai, MH, IND, 400013
Zee Entertainment Enterprises Ltd is a broadcasting television company that provides media and entertainment services. Zee generates revenue from Advertisement, Subscription, Theatrical revenue, Sale of media content, Transmission revenue and Commission. The company controls a suite of television channels that broadcast in many different languages. Furthermore, Zee Entertainment produces and distributes feature films, develops digital online offerings, and produces and sells for live entertainment events. It operates in five business Broadcast, Digital, Movies, Music and Sports. The company earns the vast majority of its revenue in India.

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