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Twenty-First Century Fox (Twenty-First Century Fox) Cyclically Adjusted PS Ratio : (As of May. 05, 2024)


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What is Twenty-First Century Fox Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Twenty-First Century Fox Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Twenty-First Century Fox'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.

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Twenty-First Century Fox Cyclically Adjusted PS Ratio Chart

Twenty-First Century Fox Annual Data
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Cyclically Adjusted PS Ratio
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Twenty-First Century Fox Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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Competitive Comparison of Twenty-First Century Fox's Cyclically Adjusted PS Ratio

For the Broadcasting subindustry, Twenty-First Century Fox'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.


Twenty-First Century Fox's Cyclically Adjusted PS Ratio Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Twenty-First Century Fox's Cyclically Adjusted PS Ratio falls into.



Twenty-First Century Fox 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.

Twenty-First Century Fox's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2018 is calculated as:

For example, Twenty-First Century Fox's adjusted Revenue per Share data for the three months ended in Dec. 2018 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2018 (Change)*Current CPI (Dec. 2018)
=4.56/105.9979*105.9979
=4.560

Current CPI (Dec. 2018) = 105.9979.

Twenty-First Century Fox Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200903 2.814 89.744 3.324
200906 2.935 91.003 3.419
200909 2.751 91.120 3.200
200912 3.312 91.111 3.853
201003 3.344 91.821 3.860
201006 3.075 91.962 3.544
201009 2.828 92.162 3.253
201012 3.334 92.474 3.822
201103 3.138 94.283 3.528
201106 3.384 95.235 3.766
201109 3.047 95.727 3.374
201112 3.569 95.213 3.973
201203 3.395 96.783 3.718
201206 3.466 96.819 3.795
201209 3.433 97.633 3.727
201212 4.017 96.871 4.395
201303 4.094 98.209 4.419
201306 0.248 98.518 0.267
201309 3.058 98.790 3.281
201312 3.576 98.326 3.855
201403 3.643 99.695 3.873
201406 3.783 100.560 3.988
201409 3.593 100.428 3.792
201412 3.743 99.070 4.005
201503 3.237 99.621 3.444
201506 3.011 100.684 3.170
201509 3.020 100.392 3.189
201512 3.767 99.792 4.001
201603 3.772 100.470 3.980
201606 3.509 101.688 3.658
201609 3.492 101.861 3.634
201612 4.143 101.863 4.311
201703 4.082 102.862 4.206
201706 3.642 103.349 3.735
201709 3.779 104.136 3.847
201712 4.333 104.011 4.416
201803 3.994 105.290 4.021
201806 4.262 106.317 4.249
201809 3.852 106.507 3.834
201812 4.560 105.998 4.560

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.


Twenty-First Century Fox  (NAS:TFCF) 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.


Twenty-First Century Fox Cyclically Adjusted PS Ratio Related Terms

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Twenty-First Century Fox (Twenty-First Century Fox) Business Description

Traded in Other Exchanges
N/A
Address
1211 Avenue of the Americas, New York, NY, USA, 10036
21st Century Fox is a media conglomerate with a wide range of assets: a film studio, which creates television programs and movies; broadcast television, including the Fox broadcast network and local TV stations in the U.S.; cable networks, which comprise over 300 channels around the world; and direct-broadcast satellite TV in the form of Sky, a satellite pay-tv provider in Europe.
Executives
Chase Carey director C/O NEWS AMERICA INCORPORATED, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
David F Devoe director C/O NEWS AMERICA INCORPORATED, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Murdoch Family Trust 10 percent owner C/O MCDONALD CARANO WILSON LLP, 100 LIBERTY STREET, RENO NV 89501
Cruden Financial Services Llc 10 percent owner C/O MCDONALD CARANO WILSON LLP, 100 LIBERTY STREET, RENO NV 89501
John Nallen officer: Senior EVP, CFO C/O NEWS AMERICA INCORPORATED, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
James R Murdoch director, officer: Chief Executive Officer C/O LUPA SYSTEMS, 363 LAFAYETTE STREET, NEW YORK NY 10022
Keith Rupert Murdoch director, officer: Executive Chairman C/O FOX CORPORATION, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Gerson Zweifach officer: See Remarks C/O NEWS AMERICA INCORPORATED, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Jacques A Nasser director
Lachlan K Murdoch director, officer: Executive Chairman C/O NEWS AMERICA INCORPORATED, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Robert S Silberman director C/O STRAYER EDUCATION INC, 2303 DULLES STATION BOULEVARD, HERNDON VA 20171
James Breyer director ACCEL PARTNERS, 428 UNIVERSITY AVE, PALO ALTO CA 94301
Viet D Dinh director GEORGETOWN UNIVERSITY LAW CENTER, 600 NEW JERSEY AVENUE NW, WASHINGTON DC 20001
Jeffrey W Ubben director, other: See Remarks 1170 GORGAS AVENUE, SAN FRANCISCO CA 94129
Valueact Capital Master Fund, L.p. director, other: See Remarks ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129