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Time Publishing & Media Co (SHSE:600551) Cyclically Adjusted PS Ratio : 0.80 (As of May. 22, 2024)


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What is Time Publishing & Media Co Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Time Publishing & Media Co's current share price is ¥11.84. Time Publishing & Media Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥14.88. Time Publishing & Media Co's Cyclically Adjusted PS Ratio for today is 0.80.

The historical rank and industry rank for Time Publishing & Media Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:600551' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.55   Med: 0.95   Max: 6.05
Current: 0.78

During the past years, Time Publishing & Media Co's highest Cyclically Adjusted PS Ratio was 6.05. The lowest was 0.55. And the median was 0.95.

SHSE:600551's Cyclically Adjusted PS Ratio is ranked better than
54.44% of 709 companies
in the Media - Diversified industry
Industry Median: 0.89 vs SHSE:600551: 0.78

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.

Time Publishing & Media Co's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥3.392. 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 ¥14.88 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Time Publishing & Media Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Time Publishing & Media Co'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.

Time Publishing & Media Co Cyclically Adjusted PS Ratio Chart

Time Publishing & Media Co 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 0.75 0.63 0.61 0.73 0.74

Time Publishing & Media Co 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 0.82 0.77 0.78 0.74 0.89

Competitive Comparison of Time Publishing & Media Co's Cyclically Adjusted PS Ratio

For the Publishing subindustry, Time Publishing & Media Co'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.


Time Publishing & Media Co's Cyclically Adjusted PS Ratio Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Time Publishing & Media Co's Cyclically Adjusted PS Ratio falls into.



Time Publishing & Media Co 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.

Time Publishing & Media Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.84/14.88
=0.80

* 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.

Time Publishing & Media Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Time Publishing & Media Co'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)
=3.392/115.2271*115.2271
=3.392

Current CPI (Mar. 2024) = 115.2271.

Time Publishing & Media Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.690 98.200 3.156
201409 1.955 98.900 2.278
201412 3.623 99.000 4.217
201503 2.719 99.900 3.136
201506 2.699 99.500 3.126
201509 1.983 100.500 2.274
201512 4.573 100.600 5.238
201603 3.020 102.200 3.405
201606 3.287 101.400 3.735
201609 2.438 102.400 2.743
201612 4.671 102.600 5.246
201703 3.608 103.200 4.028
201706 3.383 103.100 3.781
201709 2.667 104.100 2.952
201712 3.403 104.500 3.752
201803 2.919 105.300 3.194
201806 2.912 104.900 3.199
201809 2.990 106.600 3.232
201812 3.903 106.500 4.223
201903 3.338 107.700 3.571
201906 2.698 107.700 2.887
201909 2.771 109.800 2.908
201912 4.702 111.200 4.872
202003 2.157 112.300 2.213
202006 3.495 110.400 3.648
202009 3.228 111.700 3.330
202012 4.442 111.500 4.590
202103 3.300 112.662 3.375
202106 4.190 111.769 4.320
202109 4.333 112.215 4.449
202112 4.475 113.108 4.559
202203 3.332 114.335 3.358
202206 3.749 114.558 3.771
202209 4.034 115.339 4.030
202212 4.670 115.116 4.675
202303 3.505 115.116 3.508
202306 5.238 114.558 5.269
202309 4.095 115.339 4.091
202312 5.007 114.781 5.026
202403 3.392 115.227 3.392

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.


Time Publishing & Media Co  (SHSE:600551) 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.


Time Publishing & Media Co Cyclically Adjusted PS Ratio Related Terms

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


Time Publishing & Media Co (SHSE:600551) Business Description

Traded in Other Exchanges
N/A
Address
No. 20 Tianzhi Road, New and High-tech Development Zone, Hefei, Anhui, CHN, 230088
Time Publishing & Media Co Ltd is a cultural media listed company. It is mainly engaged in books, periodicals, print reproduction, new media, media technology research and development, equity investment and other services.

Time Publishing & Media Co (SHSE:600551) Headlines

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