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Cinemark Holdings (Cinemark Holdings) Cyclically Adjusted PS Ratio : 0.68 (As of Apr. 27, 2024)


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What is Cinemark Holdings Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Cinemark Holdings's current share price is $17.65. Cinemark Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $25.78. Cinemark Holdings's Cyclically Adjusted PS Ratio for today is 0.68.

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

CNK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.32   Med: 1.45   Max: 2.03
Current: 0.68

During the past years, Cinemark Holdings's highest Cyclically Adjusted PS Ratio was 2.03. The lowest was 0.32. And the median was 1.45.

CNK's Cyclically Adjusted PS Ratio is ranked better than
58.96% of 692 companies
in the Media - Diversified industry
Industry Median: 0.89 vs CNK: 0.68

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.

Cinemark Holdings's adjusted revenue per share data for the three months ended in Dec. 2023 was $4.187. 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 $25.78 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cinemark Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Cinemark Holdings'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.

Cinemark Holdings Cyclically Adjusted PS Ratio Chart

Cinemark Holdings 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 1.31 0.71 0.65 0.33 0.55

Cinemark Holdings 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 0.33 0.56 0.63 0.70 0.55

Competitive Comparison of Cinemark Holdings's Cyclically Adjusted PS Ratio

For the Entertainment subindustry, Cinemark Holdings'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.


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

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

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



Cinemark Holdings 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.

Cinemark Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.65/25.78
=0.68

* 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.

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

For example, Cinemark Holdings'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)
=4.187/129.4194*129.4194
=4.187

Current CPI (Dec. 2023) = 129.4194.

Cinemark Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 5.255 99.695 6.822
201406 6.244 100.560 8.036
201409 5.624 100.428 7.248
201412 5.731 99.070 7.487
201503 5.609 99.621 7.287
201506 6.936 100.684 8.916
201509 6.069 100.392 7.824
201512 6.109 99.792 7.923
201603 6.101 100.470 7.859
201606 6.431 101.688 8.185
201609 6.637 101.861 8.433
201612 6.042 101.863 7.677
201703 6.726 102.862 8.463
201706 6.472 103.349 8.105
201709 6.122 104.136 7.608
201712 6.463 104.011 8.042
201803 6.716 105.290 8.255
201806 7.647 106.317 9.309
201809 6.484 106.507 7.879
201812 6.854 105.998 8.368
201903 6.139 107.251 7.408
201906 8.218 108.070 9.842
201909 7.048 108.329 8.420
201912 6.760 108.420 8.069
202003 4.666 108.902 5.545
202006 0.077 108.767 0.092
202009 0.304 109.815 0.358
202012 0.839 109.897 0.988
202103 0.976 111.754 1.130
202106 2.514 114.631 2.838
202109 3.707 115.734 4.145
202112 5.669 117.630 6.237
202203 3.906 121.301 4.167
202206 6.295 125.017 6.517
202209 5.493 125.227 5.677
202212 5.061 125.222 5.231
202303 5.141 127.348 5.225
202306 6.212 128.729 6.245
202309 5.755 129.860 5.735
202312 4.187 129.419 4.187

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.


Cinemark Holdings  (NYSE:CNK) 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.


Cinemark Holdings Cyclically Adjusted PS Ratio Related Terms

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


Cinemark Holdings (Cinemark Holdings) Business Description

Traded in Other Exchanges
Address
3900 Dallas Parkway, Suite 500, Plano, TX, USA, 75093
Cinemark Holdings Inc is geographically diverse operators in the motion picture exhibition industry in the United States. The company operates in around 518 theatres and 5,847 screens in the United States and Latin America. The company generates revenue from filmed entertainment box office receipts and concession sales, with additional revenue from screen advertising, screen rental and other revenue streams, such as transactional fees, vendor marketing promotions, studio trailer placements, meeting rentals and electronic video games located in some of the theatres. Majority of Cinemark's theaters are located in midsize cities or suburbs of large cities.
Executives
Kevin Leroy Mitchell director 3900 DALLAS PARKWAY, PLANO TX 75093
Enrique Senior director 711 FIFTH AVENUE, NEW YORK NY 10022
Wanda Marie Gierhart officer: EVP - Chief Marketing Officer 3900 DALLAS PARKWAY, PLANO TX 75093
Caren Bedard officer: SVP-Global Controller 3900 DALLAS PARKWAY, SUITE 500, PLANO TX 75093
Michael Cavalier officer: SVP-General Counsel 3900 DALLAS PARKWAY, SUITE 500, PLANO TX 75093
Melissa Thomas officer: EVP, Chief Financial Officer 600 WEST CHICAGO AVE, STE 400, CHICAGO IL 60654
Valmir Fernandes officer: Pr - Cinemark International 3900 DALLAS PARKWAY, SUITE 500, PLANO TX 75093
Mark Zoradi director C/O DREAMWORKS ANIMATION SKG, INC., 1000 FLOWER STREET, GLENDALE CA 91201
Ximena G Humrichouse director 1230 RIVER BEND DRIVE, SUITE 215, DALLAS TX 75247
Lee Roy Mitchell director, 10 percent owner, officer: Chairman of the Board
Sean Gamble officer: Chief Financial Officer 3900 DALLAS PARKWAY, SUITE 500, PLANO TX 75093
Tom Owens officer: SVP - Real Estate 3900 DALLAS PARKWAY, SUITE 500, PLANO TX 75093
Nancy S. Loewe director 351 PHELPS DRIVE, IRVING TX 75038
Timothy Warner officer: President and COO 3900 DALLAS PARKWAY, SUITE 500, PLANO TX 75093
Robert Copple officer: Chief Financial Officer 3900 DALLAS PARKWAY, SUITE 500, PLANO TX 75093