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MM Conferences (WAR:MMC) Cyclically Adjusted PS Ratio : 1.63 (As of Jun. 03, 2024)


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What is MM Conferences Cyclically Adjusted PS Ratio?

As of today (2024-06-03), MM Conferences's current share price is zł19.90. MM Conferences's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was zł12.18. MM Conferences's Cyclically Adjusted PS Ratio for today is 1.63.

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

WAR:MMC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.06   Max: 2.15
Current: 1.63

During the past years, MM Conferences's highest Cyclically Adjusted PS Ratio was 2.15. The lowest was 0.01. And the median was 0.06.

WAR:MMC's Cyclically Adjusted PS Ratio is ranked worse than
65.12% of 691 companies
in the Business Services industry
Industry Median: 0.89 vs WAR:MMC: 1.63

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.

MM Conferences's adjusted revenue per share data for the three months ended in Mar. 2024 was zł1.265. 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 zł12.18 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MM Conferences Cyclically Adjusted PS Ratio Historical Data

The historical data trend for MM Conferences'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.

MM Conferences Cyclically Adjusted PS Ratio Chart

MM Conferences Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.03 0.05

MM Conferences Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.05 0.75 0.79 1.31 0.88

Competitive Comparison of MM Conferences's Cyclically Adjusted PS Ratio

For the Specialty Business Services subindustry, MM Conferences'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.


MM Conferences's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, MM Conferences's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



MM Conferences 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.

MM Conferences's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=19.90/12.18
=1.63

* 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.

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

For example, MM Conferences'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)
=1.265/149.0435*149.0435
=1.265

Current CPI (Mar. 2024) = 149.0435.

MM Conferences Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.514 101.262 2.228
201406 1.972 101.180 2.905
201409 1.412 100.611 2.092
201412 2.701 100.122 4.021
201503 2.042 100.041 3.042
201506 3.260 100.448 4.837
201509 1.075 99.634 1.608
201512 4.813 99.471 7.212
201603 2.447 98.983 3.685
201606 3.247 99.552 4.861
201609 1.209 99.064 1.819
201612 4.833 100.366 7.177
201703 2.256 101.018 3.329
201706 4.341 101.180 6.395
201709 1.292 101.343 1.900
201712 3.822 102.564 5.554
201803 1.587 102.564 2.306
201806 3.502 103.378 5.049
201809 0.866 103.378 1.249
201812 3.128 103.785 4.492
201903 1.333 104.274 1.905
201906 2.576 105.983 3.623
201909 0.989 105.983 1.391
201912 3.384 107.123 4.708
202003 0.293 109.076 0.400
202006 1.055 109.402 1.437
202009 0.736 109.320 1.003
202012 1.924 109.565 2.617
202103 0.606 112.658 0.802
202106 2.893 113.960 3.784
202109 0.716 115.588 0.923
202112 3.476 119.088 4.350
202203 0.787 125.031 0.938
202206 4.245 131.705 4.804
202209 0.711 135.531 0.782
202212 3.869 139.113 4.145
202303 0.456 145.950 0.466
202306 6.395 147.009 6.484
202309 0.251 146.113 0.256
202403 1.265 149.044 1.265

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.


MM Conferences  (WAR:MMC) 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.


MM Conferences Cyclically Adjusted PS Ratio Related Terms

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


MM Conferences (WAR:MMC) Business Description

Traded in Other Exchanges
N/A
Address
Ulica Dluga 44/50, Warsaw, POL, 00-241
MM Conferences is the independent organizer of business meetings in Poland. The company is engaged in organizing conferences for the managerial staff of the highest level from various disciplines which include banking, management, marketing, IT, finance etc.