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New York Times Co (New York Times Co) Cyclically Adjusted PS Ratio : 3.66 (As of May. 15, 2024)


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What is New York Times Co Cyclically Adjusted PS Ratio?

As of today (2024-05-15), New York Times Co's current share price is $48.09. New York Times Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $13.13. New York Times Co's Cyclically Adjusted PS Ratio for today is 3.66.

The historical rank and industry rank for New York Times Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

NYT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.51   Med: 2.03   Max: 4.8
Current: 3.66

During the past years, New York Times Co's highest Cyclically Adjusted PS Ratio was 4.80. The lowest was 0.51. And the median was 2.03.

NYT's Cyclically Adjusted PS Ratio is ranked worse than
88.79% of 705 companies
in the Media - Diversified industry
Industry Median: 0.9 vs NYT: 3.66

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.

New York Times Co's adjusted revenue per share data for the three months ended in Mar. 2024 was $3.586. 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 $13.13 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


New York Times Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for New York Times Co'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.

New York Times Co Cyclically Adjusted PS Ratio Chart

New York Times Co 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 2.80 4.64 4.06 2.59 3.74

New York Times Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 3.05 3.05 3.15 3.74 3.29

Competitive Comparison of New York Times Co's Cyclically Adjusted PS Ratio

For the Publishing subindustry, New York Times Co'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.


New York Times Co's Cyclically Adjusted PS Ratio Distribution in the Media - Diversified Industry

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

* The bar in red indicates where New York Times Co's Cyclically Adjusted PS Ratio falls into.



New York Times Co 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.

New York Times Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=48.09/13.13
=3.66

* 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.

New York Times Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, New York Times Co'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)
=3.586/129.4194*129.4194
=3.586

Current CPI (Mar. 2024) = 129.4194.

New York Times Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.401 100.560 3.090
201409 2.418 100.428 3.116
201412 2.303 99.070 3.009
201503 2.343 99.621 3.044
201506 2.275 100.684 2.924
201509 2.200 100.392 2.836
201512 2.729 99.792 3.539
201603 2.357 100.470 3.036
201606 2.313 101.688 2.944
201609 2.231 101.861 2.835
201612 2.617 101.863 3.325
201703 2.453 102.862 3.086
201706 2.485 103.349 3.112
201709 2.346 104.136 2.916
201712 2.933 104.011 3.649
201803 2.490 105.290 3.061
201806 2.484 106.317 3.024
201809 2.500 106.507 3.038
201812 2.997 105.998 3.659
201903 2.627 107.251 3.170
201906 2.604 108.070 3.118
201909 2.557 108.329 3.055
201912 3.025 108.420 3.611
202003 2.643 108.902 3.141
202006 2.402 108.767 2.858
202009 2.540 109.815 2.993
202012 3.026 109.897 3.564
202103 2.813 111.754 3.258
202106 2.961 114.631 3.343
202109 3.021 115.734 3.378
202112 3.523 117.630 3.876
202203 3.194 121.301 3.408
202206 3.315 125.017 3.432
202209 3.289 125.227 3.399
202212 4.014 125.222 4.149
202303 3.390 127.348 3.445
202306 3.580 128.729 3.599
202309 3.617 129.860 3.605
202312 4.065 129.419 4.065
202403 3.586 129.419 3.586

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.


New York Times Co  (NYSE:NYT) 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.


New York Times Co Cyclically Adjusted PS Ratio Related Terms

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


New York Times Co (New York Times Co) Business Description

Traded in Other Exchanges
Address
620 Eighth Avenue, New York, NY, USA, 10018
New York Times Co is an American media company known for publishing its flagship newspaper, The New York Times. The company also operates the International New York Times newspaper, as well as digital properties such as nytimes and various smartphone applications. Circulation of The New York Times is the source of revenue for the company, followed by print and digital advertising and its paid digital-only subscription to The New York Times. The company has a daily print circulation of over 3,00,000 and 7,40,000 on Sundays. The source of growth for The New York Times is its digital subscription service, which has over 1,000,000 paid users.
Executives
Arthur G. Sulzberger director, officer: Publisher, The New York Times THE NEW YORK TIMES COMPANY, 620 8TH AVENUE, NEW YORK NY 10018
Diane Brayton officer: EVP, GENERAL COUNSEL & SEC THE NEW YORK TIMES COMPANY, 620 EIGHTH AVENUE, NEW YORK NY 10018
R Anthony Benten officer: SVP, Treasurer & Controller C/O THE NEW YORK TIMES CO, 229 WEST 43RD ST, NEW YORK NY 10036
Kopit Levien Meredith A. officer: EVP & Chief Operating Officer THE NEW YORK TIMES COMPANY, 620 EIGHTH AVENUE, NEW YORK NY 10018
William Bardeen officer: Chief Financial Officer 620 EIGHTH AVENUE, NEW YORK NY 10018
Roland A. Caputo officer: Interim CFO and EVP THE NEW YORK TIMES COMPANY, 620 EIGHTH AVENUE, NEW YORK NY 10018
David S. Perpich director THE NEW YORK TIMES COMPANY, 620 EIGHTH AVENUE, NEW YORK NY 10018
Manuel Bronstein director 970 PARK PLACE, SUITE 100, SAN MATEO CA 94403
Beth A. Brooke director C/O EHEALTH, INC., 2625 AUGUSTINE DRIVE, SECOND FLOOR, SANTA CLARA CA 95054
Jacqueline M Welch officer: EVP and CHRO THE NEW YORK TIMES COMPANY, 620 EIGHTH AVENUE, NEW YORK NY 10018
Arthur S. Golden director THE NEW YORK TIMES COMPANY, 620 EIGHTH AVENUE, NEW YORK NY 10018
Mark Thompson director, officer: PRESIDENT & CEO THE NEW YORK TIMES COMPANY, 620 EIGHTH AVENUE, NEW YORK NY 10018
Arthur Jr Sulzberger director, officer: Chairman and Publisher THE NEW YORK TIMES COMPANY, 620 EIGHTH AVENUE, NEW YORK NY 10018
Doreen A Toben director 140 WEST STREET, 29TH FLOOR, NEW YORK NY 10007
Robert E Denham director MUNGER, TOLLES & OLSON LLP, 355 S. GRAND AVENUE, 35TH FLOOR, LOS ANGELES CA 90071