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AITVF (Asian Television Network International) Cyclically Adjusted PS Ratio : 0.09 (As of Sep. 20, 2024)


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What is Asian Television Network International Cyclically Adjusted PS Ratio?

As of today (2024-09-20), Asian Television Network International's current share price is $0.027. Asian Television Network International's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was $0.31. Asian Television Network International's Cyclically Adjusted PS Ratio for today is 0.09.

The historical rank and industry rank for Asian Television Network International's Cyclically Adjusted PS Ratio or its related term are showing as below:

AITVF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.24   Max: 3.48
Current: 0.11

During the past years, Asian Television Network International's highest Cyclically Adjusted PS Ratio was 3.48. The lowest was 0.08. And the median was 0.24.

AITVF's Cyclically Adjusted PS Ratio is ranked better than
92.85% of 671 companies
in the Media - Diversified industry
Industry Median: 0.9 vs AITVF: 0.11

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.

Asian Television Network International's adjusted revenue per share data for the three months ended in Jun. 2024 was $0.053. 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 $0.31 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asian Television Network International Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Asian Television Network International'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.

Asian Television Network International Cyclically Adjusted PS Ratio Chart

Asian Television Network International 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 0.13 0.13 0.33 0.29 0.32

Asian Television Network International Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.16 0.11 0.32 0.27 0.09

Competitive Comparison of Asian Television Network International's Cyclically Adjusted PS Ratio

For the Broadcasting subindustry, Asian Television Network International'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.


Asian Television Network International's Cyclically Adjusted PS Ratio Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Asian Television Network International's Cyclically Adjusted PS Ratio falls into.



Asian Television Network International 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.

Asian Television Network International's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.027/0.31
=0.09

* 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.

Asian Television Network International's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Asian Television Network International's adjusted Revenue per Share data for the three months ended in Jun. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.053/127.5217*127.5217
=0.053

Current CPI (Jun. 2024) = 127.5217.

Asian Television Network International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 0.260 99.394 0.334
201412 0.242 98.367 0.314
201503 0.202 99.789 0.258
201506 0.213 100.500 0.270
201509 0.204 100.421 0.259
201512 0.204 99.947 0.260
201603 0.189 101.054 0.239
201606 0.199 102.002 0.249
201609 0.183 101.765 0.229
201612 0.178 101.449 0.224
201703 0.159 102.634 0.198
201706 0.160 103.029 0.198
201709 0.172 103.345 0.212
201712 0.146 103.345 0.180
201803 0.133 105.004 0.162
201806 0.124 105.557 0.150
201809 0.118 105.636 0.142
201812 0.088 105.399 0.106
201903 0.099 106.979 0.118
201906 0.089 107.690 0.105
201909 0.093 107.611 0.110
201912 0.090 107.769 0.106
202003 0.072 107.927 0.085
202006 0.067 108.401 0.079
202009 0.086 108.164 0.101
202012 0.084 108.559 0.099
202103 0.076 110.298 0.088
202106 0.085 111.720 0.097
202109 0.077 112.905 0.087
202112 0.072 113.774 0.081
202203 0.066 117.646 0.072
202206 0.061 120.806 0.064
202209 0.061 120.648 0.064
202212 0.061 120.964 0.064
202303 0.056 122.702 0.058
202306 0.055 124.203 0.056
202309 0.062 125.230 0.063
202312 0.049 125.072 0.050
202403 0.057 126.258 0.058
202406 0.053 127.522 0.053

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.


Asian Television Network International  (OTCPK:AITVF) 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.


Asian Television Network International Cyclically Adjusted PS Ratio Related Terms

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


Asian Television Network International Business Description

Traded in Other Exchanges
Address
330 Cochrane Drive, Markham, ON, CAN, L3R 8E4
Asian Television Network International Ltd is a Canadian-based company. Its activities consist of providing specialty, pay television broadcasting, and television broadcasting advertising for the South Asian community in Canada. The company operates Bollywood movies, sports, news, music, lifestyle, Chinese, Punjabi, and several regional language channels. It derives revenue from Subscriptions, Advertising, Programming, and other income.

Asian Television Network International Headlines

From GuruFocus