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Beasley Broadcast Group (Beasley Broadcast Group) Cyclically Adjusted PS Ratio : 0.09 (As of Apr. 27, 2024)


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What is Beasley Broadcast Group Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Beasley Broadcast Group's current share price is $0.7432. Beasley Broadcast Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $8.48. Beasley Broadcast Group's Cyclically Adjusted PS Ratio for today is 0.09.

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

BBGI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.77   Max: 2.86
Current: 0.09

During the past years, Beasley Broadcast Group's highest Cyclically Adjusted PS Ratio was 2.86. The lowest was 0.08. And the median was 0.77.

BBGI's Cyclically Adjusted PS Ratio is ranked better than
94.8% of 692 companies
in the Media - Diversified industry
Industry Median: 0.89 vs BBGI: 0.09

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.

Beasley Broadcast Group's adjusted revenue per share data for the three months ended in Dec. 2023 was $2.194. 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 $8.48 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Beasley Broadcast Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Beasley Broadcast Group'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.

Beasley Broadcast Group Cyclically Adjusted PS Ratio Chart

Beasley Broadcast Group 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 0.51 0.24 0.27 0.12 0.10

Beasley Broadcast Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.12 0.10 0.12 0.10 0.10

Competitive Comparison of Beasley Broadcast Group's Cyclically Adjusted PS Ratio

For the Broadcasting subindustry, Beasley Broadcast Group'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.


Beasley Broadcast Group's Cyclically Adjusted PS Ratio Distribution in the Media - Diversified Industry

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

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



Beasley Broadcast Group 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.

Beasley Broadcast Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.7432/8.48
=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.

Beasley Broadcast Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Beasley Broadcast Group's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.194/129.4194*129.4194
=2.194

Current CPI (Dec. 2023) = 129.4194.

Beasley Broadcast Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.567 99.695 0.736
201406 0.618 100.560 0.795
201409 0.570 100.428 0.735
201412 0.805 99.070 1.052
201503 1.059 99.621 1.376
201506 1.177 100.684 1.513
201509 1.142 100.392 1.472
201512 1.229 99.792 1.594
201603 1.193 100.470 1.537
201606 1.201 101.688 1.529
201609 1.196 101.861 1.520
201612 2.036 101.863 2.587
201703 1.935 102.862 2.435
201706 2.189 103.349 2.741
201709 2.111 104.136 2.624
201712 2.111 104.011 2.627
201803 1.990 105.290 2.446
201806 2.239 106.317 2.726
201809 2.369 106.507 2.879
201812 2.761 105.998 3.371
201903 2.088 107.251 2.520
201906 2.359 108.070 2.825
201909 2.371 108.329 2.833
201912 2.593 108.420 3.095
202003 2.063 108.902 2.452
202006 1.086 108.767 1.292
202009 1.703 109.815 2.007
202012 2.406 109.897 2.833
202103 1.645 111.754 1.905
202106 2.032 114.631 2.294
202109 2.150 115.734 2.404
202112 2.417 117.630 2.659
202203 1.897 121.301 2.024
202206 2.203 125.017 2.281
202209 2.148 125.227 2.220
202212 2.437 125.222 2.519
202303 1.940 127.348 1.972
202306 2.126 128.729 2.137
202309 2.006 129.860 1.999
202312 2.194 129.419 2.194

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.


Beasley Broadcast Group  (NAS:BBGI) 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.


Beasley Broadcast Group Cyclically Adjusted PS Ratio Related Terms

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


Beasley Broadcast Group (Beasley Broadcast Group) Business Description

Traded in Other Exchanges
Address
3033 Riviera Drive, Suite 200, Naples, FL, USA, 34103
Beasley Broadcast Group Inc is a multi-platform media company, whose primary business is operating radio stations throughout the United States. The Company offers local and national advertisers integrated marketing solutions across audio, digital and event platforms. The Company owns and operates stations in the following markets: Atlanta, GA, Augusta, GA, Boston, MA, Charlotte, NC, Detroit, MI, Fayetteville, NC, Fort Myers-Naples, FL, Las Vegas, NV, Middlesex, NJ, Monmouth, NJ, Morristown, NJ, Philadelphia, PA, Tampa-Saint Petersburg, FL, and Wilmington, DE. The Company currently operates three operating segments Audio, Digital and esports.
Executives
Caroline Beasley director, 10 percent owner, officer: CFO
Bruce G Beasley director, 10 percent owner, officer: President 3033 RIVIERA DRIVE, SUITE 200, NAPLES FL 34103
Bradley C Beasley 10 percent owner 3033 RIVERA DRIVE, SUITE 200, NAPLES FL 34103
Brian E Beasley director, officer: Vice President of Operations 3033 RIVERA DRIVE, SUITE 200, NAPLES FL 34103
Gordon H Smith director 6903 ROCKLEDGE DRIVE, SUITE 1500, BETHESDA MD 21771
Christopher D. Ornelas officer: General Counsel C/O BEASLEY BROADCAST GROUP, INC., 3033 RIVIERA DRIVE, SUITE 200, NAPLES FL 34103
Warfield Charles M. Jr. director C/O BEASLEY BROADCAST GROUP, INC., 3033 RIVIERA DRIVE, SUITE 200, NAPLES FL 34103
George G Beasley director, 10 percent owner, officer: CEO
Leslie V Godridge director
Mark S Fowler director C/O TALK AMERICA HOLDINGS, INC., 12020 SUNRISE VALLEY DR, STE. 250, RESTON VA 20191
Cristina Bordes 2009 Gift Trust other: See Remarks C/O CARTER LEDYARD & MILBURN LLP, TWO WALL STREET, NEW YORK NY 10005
Stephanie L. Bordes other: See Remarks C/O CARTER LEDYARD & MILBURN LLP, TWO WALL STREET, NEW YORK NY 10005
Stephen M. Bordes other: See Remarks C/O CARTER LEDYARD & MILBURN LLP, TWO WALL STREET, NEW YORK NY 10005
Cristina Bordes 10 percent owner C/O CARTER LEDYARD & MILBURN LLP, TWO WALL STREET, NEW YORK NY 10005
Bordes 2015 Grat #7 Lee other: See Remarks C/O CARTER LEDYARD & MILBURN LLP, TWO WALL STREET, NEW YORK NY 10005

Beasley Broadcast Group (Beasley Broadcast Group) Headlines