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Tix (TIXC) Cyclically Adjusted PS Ratio : (As of May. 01, 2024)


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What is Tix Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tix Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Tix'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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Tix Cyclically Adjusted PS Ratio Chart

Tix Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cyclically Adjusted PS Ratio
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Tix Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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Competitive Comparison of Tix's Cyclically Adjusted PS Ratio

For the Entertainment subindustry, Tix'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.


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

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

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



Tix 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.

Tix's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2020 is calculated as:

For example, Tix's adjusted Revenue per Share data for the three months ended in Sep. 2020 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2020 (Change)*Current CPI (Sep. 2020)
=0/109.8149*109.8149
=0.000

Current CPI (Sep. 2020) = 109.8149.

Tix Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201012 0.291 92.474 0.346
201103 0.256 94.283 0.298
201106 0.265 95.235 0.306
201109 0.280 95.727 0.321
201112 0.283 95.213 0.326
201203 0.238 96.783 0.270
201206 0.252 96.819 0.286
201209 0.261 97.633 0.294
201212 0.247 96.871 0.280
201303 0.223 98.209 0.249
201306 0.217 98.518 0.242
201309 0.243 98.790 0.270
201312 0.255 98.326 0.285
201403 0.282 99.695 0.311
201406 0.313 100.560 0.342
201409 0.320 100.428 0.350
201412 0.321 99.070 0.356
201503 0.309 99.621 0.341
201506 0.325 100.684 0.354
201509 0.341 100.392 0.373
201512 0.329 99.792 0.362
201603 0.301 100.470 0.329
201606 0.294 101.688 0.317
201609 0.293 101.861 0.316
201612 0.296 101.863 0.319
201703 0.249 102.862 0.266
201706 0.275 103.349 0.292
201709 0.274 104.136 0.289
201712 0.205 104.011 0.216
201803 0.177 105.290 0.185
201806 0.182 106.317 0.188
201809 0.193 106.507 0.199
201812 0.197 105.998 0.204
201903 0.181 107.251 0.185
201906 0.197 108.070 0.200
201909 0.181 108.329 0.183
201912 0.175 108.420 0.177
202003 0.113 108.902 0.114
202006 0.000 108.767 0.000
202009 0.000 109.815 0.000

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.


Tix  (OTCPK:TIXC) 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.


Tix Cyclically Adjusted PS Ratio Related Terms

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


Tix (TIXC) Business Description

Traded in Other Exchanges
N/A
Address
731 Pilot Road, Suite A, Las Vegas, NV, USA, 89119
Tix Corp is an entertainment company. It is engaged in providing discount ticketing and discount dining and shopping products. Through its subsidiaries, the company offers sale discount tickets to Las Vegas shows and discounted dining at various restaurants surrounding the Las Vegas Strip and downtown.
Executives
Mitch Francis director, 10 percent owner, officer: Chief Executive Officer 12001 VENTURA PLACE SUITE 340 STUDIO CITY CA 91604
Kimberly Sue Simon officer: Chief Operating Officer C/O LOEB & LOEB LLP 10100 SANTA MONICA BLVD #2200 LOS ANGELES CA 90067-4164
Benjamin Frankel director C/O CINEMA RIDE INC 12001 VENTURA PLACE STE 340 STUDIO CITY CA 91604
Norman Feirstein director C/O CINEMA RIDE INC 12001 VENTURA PLACE STE 340 STUDIO CITY CA 91604
Sam Georges director 930 SOUTH ANDREAN DRIVE, SUITE H ESCONDIDO CA 92029
Andy Pells director 12001 VENTURA PLACE #340 STUDIO CITY CA 91604
Steve Handy officer: Chief Financial Officer 8228 SUNSET BLVD., LOS ANGELES CA 90046
Joseph B Marsh 10 percent owner, other: consultant 605 SURFSIDE DRIVE AKRON OH 44317
Iqbal Ashraf 10 percent owner 201 S. LAKE AVENUE SUITE 603 PASADENA CA 91101
Richard Kam officer: Vice President - Finance 12001 VENTURA PLACE #340 STUDIO CITY CA 91604
Matt Natalizio officer: CFO 11726 SAN VICENTE BLVD., SUITE 650, LOS ANGELES CA 90049
Gray Gerry 10 percent owner 4118 SUNDANCE DRIVE SUN PEAKS A1 V0E1Z1

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