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Madison Square Garden Sports (Madison Square Garden Sports) Cyclically Adjusted PS Ratio : 4.43 (As of Apr. 27, 2024)


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What is Madison Square Garden Sports Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Madison Square Garden Sports's current share price is $186.78. Madison Square Garden Sports's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $42.16. Madison Square Garden Sports's Cyclically Adjusted PS Ratio for today is 4.43.

The historical rank and industry rank for Madison Square Garden Sports's Cyclically Adjusted PS Ratio or its related term are showing as below:

MSGS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.93   Med: 4.32   Max: 4.99
Current: 4.45

During the past years, Madison Square Garden Sports's highest Cyclically Adjusted PS Ratio was 4.99. The lowest was 3.93. And the median was 4.32.

MSGS's Cyclically Adjusted PS Ratio is ranked worse than
92.2% of 692 companies
in the Media - Diversified industry
Industry Median: 0.89 vs MSGS: 4.45

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.

Madison Square Garden Sports's adjusted revenue per share data for the three months ended in Dec. 2023 was $13.584. 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 $42.16 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Madison Square Garden Sports Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Madison Square Garden Sports'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.

Madison Square Garden Sports Cyclically Adjusted PS Ratio Chart

Madison Square Garden Sports Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 4.42

Madison Square Garden Sports 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 - 4.57 4.42 4.20 4.31

Competitive Comparison of Madison Square Garden Sports's Cyclically Adjusted PS Ratio

For the Entertainment subindustry, Madison Square Garden Sports'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.


Madison Square Garden Sports's Cyclically Adjusted PS Ratio Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Madison Square Garden Sports's Cyclically Adjusted PS Ratio falls into.



Madison Square Garden Sports 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.

Madison Square Garden Sports's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=186.78/42.16
=4.43

* 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.

Madison Square Garden Sports's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Madison Square Garden Sports'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)
=13.584/129.4194*129.4194
=13.584

Current CPI (Dec. 2023) = 129.4194.

Madison Square Garden Sports Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 11.148 99.695 14.472
201406 8.301 100.560 10.683
201409 4.625 100.428 5.960
201412 15.432 99.070 20.160
201503 11.701 99.621 15.201
201506 10.237 100.684 13.159
201509 6.033 100.392 7.777
201512 16.397 99.792 21.265
201603 13.652 100.470 17.586
201606 8.895 101.688 11.321
201609 7.554 101.861 9.598
201612 18.438 101.863 23.426
201703 16.203 102.862 20.386
201706 12.971 103.349 16.243
201709 10.405 104.136 12.931
201712 22.521 104.011 28.023
201803 19.305 105.290 23.729
201806 -22.164 106.317 -26.980
201809 9.201 106.507 11.180
201812 26.518 105.998 32.377
201903 21.657 107.251 26.134
201906 -26.592 108.070 -31.845
201909 2.092 108.329 2.499
201912 12.211 108.420 14.576
202003 11.149 108.902 13.250
202006 -0.290 108.767 -0.345
202009 2.370 109.815 2.793
202012 1.192 109.897 1.404
202103 7.518 111.754 8.706
202106 6.081 114.631 6.865
202109 0.778 115.734 0.870
202112 11.881 117.630 13.072
202203 13.847 121.301 14.774
202206 7.154 125.017 7.406
202209 0.992 125.227 1.025
202212 14.622 125.222 15.112
202303 15.907 127.348 16.166
202306 5.266 128.729 5.294
202309 1.796 129.860 1.790
202312 13.584 129.419 13.584

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.


Madison Square Garden Sports  (NYSE:MSGS) 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.


Madison Square Garden Sports Cyclically Adjusted PS Ratio Related Terms

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


Madison Square Garden Sports (Madison Square Garden Sports) Business Description

Traded in Other Exchanges
Address
Two Penn Plaza, New York, NY, USA, 10121
Madison Square Garden Sports Corp is engaged in live sports and entertainment business. The Company's reportable segment: MSG Entertainment consists of live entertainment events, including concerts and other live events, such as family shows, performing arts and special events.
Executives
David Granville-smith officer: Executive Vice President TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
David G. Hopkinson officer: President & COO C/O TILRAY, INC., 655 MADISON AVENUE, 19TH FLOOR, NEW YORK NY 10065
Jamaal T Lesane officer: EVP and General Counsel TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Quentin F Dolan director 11 PENNSYLVANIA PLAZA, NEW YORK NY 10001
Joseph Cohen director TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Dolan Leinauer Corby other: Trustee of 13D Group Member BAKER BOTTS L.L.P., 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Lawrence J. Burian officer: EVP, GC and Secretary TWO PENN PLAZA, NEW YORK NY 10121
Alexander Shvartsman officer: SVP, Controller & PAO TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Stephen Mills director TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Ivan G Seidenberg director VERIZON COMMUNICATIONS INC, 140 WEST STREET, 29TH FLOOR, NEW YORK NY 10007
Anthony J Vinciquerra director FOX ENTERTAINMENT GROUP, INC., 10201 WEST PICO BLVD, LOS ANGELES CA 90035
Philip Gerard D'ambrosio officer: SVP, Treasurer TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Richard D Parsons director TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Andrew Lustgarten officer: President TWO PENN PLAZA, NEW YORK NY 10121
Charles F. Dolan 2019 Grantor Retained Annuity Trust #1m other: Member of 13D Group C/O DOLAN FAMILY OFFICE, 340 CROSSWAYS PARK DRIVE, WOODBURY NY 11797

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