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VisionChina Media (VisionChina Media) Cyclically Adjusted PS Ratio : (As of May. 05, 2024)


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What is VisionChina Media Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


VisionChina Media Cyclically Adjusted PS Ratio Historical Data

The historical data trend for VisionChina Media'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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VisionChina Media Cyclically Adjusted PS Ratio Chart

VisionChina Media Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted PS Ratio
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VisionChina Media Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Sep16
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Competitive Comparison of VisionChina Media's Cyclically Adjusted PS Ratio

For the Advertising Agencies subindustry, VisionChina Media'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.


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

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

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



VisionChina Media 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.

VisionChina Media's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2016 is calculated as:

For example, VisionChina Media's adjusted Revenue per Share data for the three months ended in Sep. 2016 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2016 (Change)*Current CPI (Sep. 2016)
=0.765/102.4000*102.4000
=0.765

Current CPI (Sep. 2016) = 102.4000.

VisionChina Media Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200606 0.562 76.034 0.757
200609 0.562 76.413 0.753
200612 1.856 77.793 2.443
200703 5.265 78.884 6.835
200706 5.265 79.357 6.794
200709 7.999 81.276 10.078
200712 9.320 82.911 11.511
200803 3.845 85.485 4.606
200806 5.626 85.058 6.773
200809 9.798 85.057 11.796
200812 9.462 83.956 11.541
200903 7.491 84.457 9.082
200906 8.512 83.615 10.424
200909 8.495 84.369 10.310
200912 8.759 85.386 10.504
201003 5.810 86.316 6.893
201006 7.876 85.886 9.390
201009 8.955 87.267 10.508
201012 10.855 89.289 12.449
201103 6.364 91.154 7.149
201106 8.802 91.612 9.838
201109 9.826 92.711 10.853
201112 10.462 92.885 11.534
201203 5.582 94.367 6.057
201206 5.538 93.495 6.065
201209 6.545 94.482 7.093
201212 5.156 95.237 5.544
201303 3.367 96.372 3.578
201306 5.264 95.984 5.616
201309 5.627 97.332 5.920
201312 6.400 97.624 6.713
201403 4.339 98.600 4.506
201406 3.944 98.200 4.113
201409 5.838 98.900 6.045
201412 4.261 99.000 4.407
201503 3.001 99.900 3.076
201506 4.538 99.500 4.670
201509 2.309 100.500 2.353
201512 1.850 100.600 1.883
201609 0.765 102.400 0.765

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.


VisionChina Media  (NAS:VISN) 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.


VisionChina Media Cyclically Adjusted PS Ratio Related Terms

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


VisionChina Media (VisionChina Media) Business Description

Traded in Other Exchanges
N/A
Address
VisionChina operates a real-time advertising network through mobile digital TV displays in mass transportation systems in affluent Chinese cities. The company partners with local mobile and subway TVs either through long-term exclusive agency agreements or joint ventures to offer nationwide advertising services for advertisers. Its advertising network currently covers bus systems in 16 Tier 1 and Tier 2 cities as well as subway systems in three Tier 1 cities.

VisionChina Media (VisionChina Media) Headlines

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