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GMA Network (PHS:GMA7) Cyclically Adjusted PS Ratio : 1.38 (As of Jun. 21, 2024)


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What is GMA Network Cyclically Adjusted PS Ratio?

As of today (2024-06-21), GMA Network's current share price is ₱7.21. GMA Network's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₱5.21. GMA Network's Cyclically Adjusted PS Ratio for today is 1.38.

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

PHS:GMA7' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.23   Med: 1.61   Max: 3.63
Current: 1.39

During the past years, GMA Network's highest Cyclically Adjusted PS Ratio was 3.63. The lowest was 1.23. And the median was 1.61.

PHS:GMA7's Cyclically Adjusted PS Ratio is ranked worse than
63.23% of 718 companies
in the Media - Diversified industry
Industry Median: 0.89 vs PHS:GMA7: 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.

GMA Network's adjusted revenue per share data for the three months ended in Mar. 2024 was ₱0.752. 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 ₱5.21 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


GMA Network Cyclically Adjusted PS Ratio Historical Data

The historical data trend for GMA 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.

GMA Network Cyclically Adjusted PS Ratio Chart

GMA Network 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 1.39 1.48 3.07 2.27 1.63

GMA Network 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 2.40 1.81 1.57 1.63 1.74

Competitive Comparison of GMA Network's Cyclically Adjusted PS Ratio

For the Broadcasting subindustry, GMA 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.


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

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

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



GMA 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.21/5.21
=1.38

* 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.

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

For example, GMA Network'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)
=0.752/131.7762*131.7762
=0.752

Current CPI (Mar. 2024) = 131.7762.

GMA Network Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.867 100.560 1.136
201409 0.934 100.428 1.226
201412 0.915 99.070 1.217
201503 0.618 99.621 0.817
201506 1.085 100.684 1.420
201509 1.089 100.392 1.429
201512 0.702 99.792 0.927
201603 0.803 100.470 1.053
201606 1.445 101.688 1.873
201609 1.203 101.861 1.556
201612 0.854 101.863 1.105
201703 0.775 102.862 0.993
201706 1.170 103.349 1.492
201709 1.219 104.136 1.543
201712 1.133 104.011 1.435
201803 0.687 105.290 0.860
201806 1.200 106.317 1.487
201809 1.176 106.507 1.455
201812 0.805 105.998 1.001
201903 0.781 107.251 0.960
201906 1.225 108.070 1.494
201909 1.281 108.329 1.558
201912 0.879 108.420 1.068
202003 0.727 108.902 0.880
202006 0.958 108.767 1.161
202009 1.757 109.815 2.108
202012 1.374 109.897 1.648
202103 1.123 111.754 1.324
202106 1.522 114.631 1.750
202109 1.224 115.734 1.394
202112 1.217 117.630 1.363
202203 1.206 121.301 1.310
202206 1.807 125.017 1.905
202209 1.429 125.227 1.504
202212 0.988 125.222 1.040
202303 0.826 127.348 0.855
202306 1.321 128.729 1.352
202309 1.577 129.860 1.600
202312 1.000 129.419 1.018
202403 0.752 131.776 0.752

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.


GMA Network  (PHS:GMA7) 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.


GMA Network Cyclically Adjusted PS Ratio Related Terms

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


GMA Network (PHS:GMA7) Business Description

Traded in Other Exchanges
N/A
Address
GMA Network Center, Timog Avenue EDSA corner, Diliman, Quezon, PHL, 1103
GMA Network Inc is a media broadcasting company. The company has three operating segments namely, Television and Radio airtime, International Subscription, and Other Businesses. Its television and Radio segment is engaged in broadcasting activities and the sale of national and regional advertising time. The International Subscription segment is engaged in subscription arrangements with international cable companies and the Other Businesses segment includes movie production, consumer products, and other services. Geographically, it operates in the Philippines and other countries, of which a majority of the revenue is derived from the Philippines.

GMA Network (PHS:GMA7) Headlines

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