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Paramount Global (Paramount Global) Cyclically Adjusted PS Ratio : 0.22 (As of May. 01, 2024)


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What is Paramount Global Cyclically Adjusted PS Ratio?

As of today (2024-05-01), Paramount Global's current share price is $11.39. Paramount Global's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $51.75. Paramount Global's Cyclically Adjusted PS Ratio for today is 0.22.

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

PARA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.21   Med: 1.79   Max: 3.18
Current: 0.22

During the past years, Paramount Global's highest Cyclically Adjusted PS Ratio was 3.18. The lowest was 0.21. And the median was 1.79.

PARA's Cyclically Adjusted PS Ratio is ranked better than
83.36% of 697 companies
in the Media - Diversified industry
Industry Median: 0.89 vs PARA: 0.22

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.

Paramount Global's adjusted revenue per share data for the three months ended in Mar. 2024 was $11.751. 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 $51.75 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Paramount Global Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Paramount Global'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.

Paramount Global Cyclically Adjusted PS Ratio Chart

Paramount Global 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 1.16 0.97 0.70 0.35 0.29

Paramount Global 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 0.45 0.32 0.25 0.29 0.23

Competitive Comparison of Paramount Global's Cyclically Adjusted PS Ratio

For the Entertainment subindustry, Paramount Global'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.


Paramount Global's Cyclically Adjusted PS Ratio Distribution in the Media - Diversified Industry

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

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



Paramount Global 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.

Paramount Global's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.39/51.75
=0.22

* 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.

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

For example, Paramount Global'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)
=11.751/129.4194*129.4194
=11.751

Current CPI (Mar. 2024) = 129.4194.

Paramount Global Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.487 100.560 7.062
201409 6.224 100.428 8.021
201412 4.586 99.070 5.991
201503 6.917 99.621 8.986
201506 6.503 100.684 8.359
201509 6.729 100.392 8.675
201512 5.722 99.792 7.421
201603 7.733 100.470 9.961
201606 6.541 101.688 8.325
201609 6.915 101.861 8.786
201612 8.239 101.863 10.468
201703 8.036 102.862 10.111
201706 7.944 103.349 9.948
201709 7.810 104.136 9.706
201712 43.770 104.011 54.462
201803 9.744 105.290 11.977
201806 9.097 106.317 11.074
201809 8.609 106.507 10.461
201812 42.721 105.998 52.161
201903 11.507 107.251 13.886
201906 11.577 108.070 13.864
201909 10.856 108.329 12.969
201912 9.817 108.420 11.718
202003 10.550 108.902 12.538
202006 9.846 108.767 11.716
202009 9.445 109.815 11.131
202012 11.069 109.897 13.035
202103 11.746 111.754 13.603
202106 9.915 114.631 11.194
202109 10.154 115.734 11.355
202112 11.628 117.630 12.793
202203 11.257 121.301 12.010
202206 11.968 125.017 12.389
202209 10.640 125.227 10.996
202212 12.509 125.222 12.928
202303 11.160 127.348 11.342
202306 11.699 128.729 11.762
202309 10.940 129.860 10.903
202312 11.661 129.419 11.661
202403 11.751 129.419 11.751

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.


Paramount Global  (NAS:PARA) 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.


Paramount Global Cyclically Adjusted PS Ratio Related Terms

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


Paramount Global (Paramount Global) Business Description

Address
1515 Broadway, New York, NY, USA, 10036
Paramount Global is the rebranded recombination of CBS and Viacom that has created a media conglomerate with global scale. CBS contributed Showtime in addition to its television assets--the CBS television network, 28 local TV stations, and 50% of CW, a joint venture between CBS and WarnerMedia. Viacom brought several leading cable network properties, including Nickelodeon, MTV, BET, Comedy Central, VH1, CMT, and Paramount. Paramount Pictures produces original motion pictures and owns a library of 2,500 films, including the Mission: Impossible and Transformers series. Paramount operates a number of streaming services, most notably Paramount+ and Pluto TV.
Executives
Dawn Ostroff director 3100 OCEAN PARK BOULEVARD, SANTA MONICA CA 91405
Sumner M. Redstone National Amusements Part B General Trust director, 10 percent owner 846 UNIVERSITY AVENUE, NORWORD MA 02062
National Amusements Inc /md/ director, 10 percent owner 846 UNIVERSITY AVENUE, NORWOOD MA 02062
Naveen K. Chopra officer: EVP, Chief Financial Officer C/O 2160 GOLD STREET, SAN JOSE CA 95002
Linda M Griego director SOUTHWEST WATER CO, 624 SO. GRAND, STE 2900, LOS ANGELES CA 90017
Phillips Jr Charles E director 113 WEST 88TH STREET, NEW YORK NY 10024
Shari Redstone director, officer: Vice Chair C/O CBS CORPORATION, 51 WEST 52ND STREET, NEW YORK NY 10019
Frederick Terrell director 17 STATE STREET, NEW YORK NY 10004
Nicole Seligman director C/O VIACOM INC., 1515 BROADWAY, NEW YORK NY 10036
Christina Spade officer: EVP, Chief Financial Officer 11 PENN PLAZA, NEW YORK NY 10001
Barbara M Byrne director C/O CBS CORPORATION, 51 WEST 52ND STREET, NEW YORK NY 10019
Christa A Dalimonte officer: EVP, General Counsel & Secy C/O VIACOM INC., 1515 BROADWAY, NEW YORK NY 10036
Ronald L Nelson director
Judith Mchale director C/O RALPH LAUREN CORPORATION, 650 MADISON AVENUE, NEW YORK NY 10022
Robert M Bakish director, officer: President and CEO AVID TECHNOLOGY, INC., 75 NETWORK DRIVE, BURLINGTON MA 01803