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Network CN (Network CN) Cyclically Adjusted PS Ratio : 0.96 (As of Jun. 09, 2024)


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What is Network CN Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Network CN's current share price is $0.0383. Network CN's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $0.04. Network CN's Cyclically Adjusted PS Ratio for today is 0.96.

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

NWCN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.29   Max: 26.43
Current: 0.94

During the past years, Network CN's highest Cyclically Adjusted PS Ratio was 26.43. The lowest was 0.04. And the median was 0.29.

NWCN's Cyclically Adjusted PS Ratio is not ranked
in the Media - Diversified industry.
Industry Median: 0.89 vs NWCN: 0.94

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.

Network CN's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.010. 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 $0.04 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Network CN Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Network CN'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.

Network CN Cyclically Adjusted PS Ratio Chart

Network CN 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 - - - 5.17 0.72

Network CN 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 8.52 25.19 1.57 0.72 0.94

Competitive Comparison of Network CN's Cyclically Adjusted PS Ratio

For the Advertising Agencies subindustry, Network CN'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.


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

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

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



Network CN 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.0383/0.04
=0.96

* 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.

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

For example, Network CN'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)
=0.01/117.7354*117.7354
=0.010

Current CPI (Mar. 2024) = 117.7354.

Network CN Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.028 96.409 0.034
201409 0.026 97.948 0.031
201412 0.002 99.707 0.002
201503 0.000 99.927 0.000
201506 0.000 99.267 0.000
201509 0.000 99.927 0.000
201512 0.000 102.015 0.000
201603 0.000 102.785 0.000
201606 0.000 101.686 0.000
201609 0.000 102.565 0.000
201612 0.000 103.225 0.000
201703 0.000 103.335 0.000
201706 0.000 103.664 0.000
201709 0.000 103.994 0.000
201712 0.000 104.984 0.000
201803 0.000 105.973 0.000
201806 0.000 106.193 0.000
201809 0.000 106.852 0.000
201812 0.000 107.622 0.000
201903 0.000 108.172 0.000
201906 0.000 109.601 0.000
201909 0.000 110.260 0.000
201912 0.000 110.700 0.000
202003 0.000 110.920 0.000
202006 0.000 110.590 0.000
202009 0.000 107.512 0.000
202012 0.000 109.711 0.000
202103 0.000 111.579 0.000
202106 0.000 111.360 0.000
202109 0.000 109.051 0.000
202112 0.000 112.349 0.000
202203 0.000 113.558 0.000
202206 0.000 113.448 0.000
202209 0.001 113.778 0.001
202212 0.004 114.548 0.004
202303 0.010 115.427 0.010
202306 0.004 115.647 0.004
202309 0.001 116.087 0.001
202312 0.004 117.296 0.004
202403 0.010 117.735 0.010

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.


Network CN  (OTCPK:NWCN) 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.


Network CN Cyclically Adjusted PS Ratio Related Terms

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


Network CN (Network CN) Business Description

Traded in Other Exchanges
N/A
Address
Unit 705B, 9 Science Museum Road, New East Ocean Centre, 7th Floor, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Network CN Inc is a media and advertising company. The company is engaged in the provision of out-of-home advertising services in China. Its suite of services ranges from media planning to advertise operations such as a network of roadside light-emitting diode (LED) digital video panels, mega-size LED digital video billboards, and lightboxes in many cities. Its revenues consist of income from out-of-home advertising panels. The company generates majority of its revenue from United States.
Executives
Frederick Wong director C/O 21/F, ONE HARBOUR SQUARE, 181 HOI BUN RD, KWUN TONG, HONG KONG F4 00000
Wing Kong Wong director C/O 21/F, ONE HARBOUR SQUARE, 181 HOI BUN RD, KWUN TONG, HONG KONG F4 00000
Cheng Sze Ki Shirley director, officer: Chief Financial Officer C/O 21/F, ONE HARBOUR SQUARE, 181 HOI BUN RD, KWUN TONG, HONG KONG F4 00000
Charles Liu director C/O NO. SUITE 3908, SHELL TOWER, TIMES SQUARE, 1 MATHESON STREET, CAUSEWAY BAY, HK K3 00000
Serge Choukroun director C/O STE 3908, SHELL TOWER, TIMES SQUARE, 1 MATHESON STREET, CAUSEWAY BAY, HONG KONG K3 00000
Sino Portfolio International Ltd 10 percent owner 3104 -7, 31/F, CENTRAL PLAZA, 18 HARBOUR ROAD, HONG KONG K3 00000
Chen Yang Foo Oi 10 percent owner 3104 -7, 31/F, CENTRAL PLAZA, 18 HARBOUR ROAD, HONG KONG K3 00000
Jennifer Fu officer: Interim CFO 21/F., CHINACHEM CENTURY TOWER, 178 GLOUCESTER ROAD, WANCHAI K3 00000
Gerald Godfrey director 21/F., CHINACHEM CENTURY TOWER,, 178 GLOUCESTER ROAD, WANCHAI K3 00000
Ronald Lee director C/O NO. 21/F., CHINACHEM CENTURY TOWER, 178 GLOUCESTER ROAD, WANCHAI K3 00000
Chi Wah Leung director FLAT 2B, OLYMPAIN MANSION, 9 CONDUIT ROAD, MID-LEVEL K3 00000
Keywin Holdings Ltd 10 percent owner RM902, 9/FL., UNIVERSAL TRADE CENTRE,, 3 ARBUTHNOT ROAD, CENTRAL K3 00000
Tang Pui Chu 10 percent owner FLAT 2B,OLYMPAIN MANSION, 9 CONDUIT ROAD, MID-LEVEL K3 00000
Gerd Jakob director 21/F CHINACHEM CENTURY TOWER, 178 GLOUCESTER ROAD, HONG KONG F4 0000000
Ronglie Xu director 1-1-301, HOUSING YARD, MINISTRY OF CONSTRUCTION, BEIJING F4 100037

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