GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Ainsworth Game Technology Ltd (ASX:AGI) » Definitions » Cyclically Adjusted PS Ratio

Ainsworth Game Technology (ASX:AGI) Cyclically Adjusted PS Ratio : 1.23 (As of Jun. 02, 2024)


View and export this data going back to 2001. Start your Free Trial

What is Ainsworth Game Technology Cyclically Adjusted PS Ratio?

As of today (2024-06-02), Ainsworth Game Technology's current share price is A$0.895. Ainsworth Game Technology's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was A$0.73. Ainsworth Game Technology's Cyclically Adjusted PS Ratio for today is 1.23.

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

ASX:AGI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.43   Med: 1.89   Max: 11.4
Current: 1.23

During the past 13 years, Ainsworth Game Technology's highest Cyclically Adjusted PS Ratio was 11.40. The lowest was 0.43. And the median was 1.89.

ASX:AGI's Cyclically Adjusted PS Ratio is ranked better than
56.56% of 640 companies
in the Travel & Leisure industry
Industry Median: 1.44 vs ASX:AGI: 1.23

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.

Ainsworth Game Technology's adjusted revenue per share data of for the fiscal year that ended in Dec23 was A$0.639. 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 A$0.73 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ainsworth Game Technology Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ainsworth Game Technology'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.

Ainsworth Game Technology Cyclically Adjusted PS Ratio Chart

Ainsworth Game Technology Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.04 0.64 1.87 1.39 1.80

Ainsworth Game Technology Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - 1.39 - - 1.80

Competitive Comparison of Ainsworth Game Technology's Cyclically Adjusted PS Ratio

For the Gambling subindustry, Ainsworth Game Technology'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.


Ainsworth Game Technology's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Ainsworth Game Technology's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Ainsworth Game Technology's Cyclically Adjusted PS Ratio falls into.



Ainsworth Game Technology 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.

Ainsworth Game Technology's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.895/0.73
=1.23

* 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.

Ainsworth Game Technology's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Ainsworth Game Technology's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.639/126.3989*126.3989
=0.639

Current CPI (Dec23) = 126.3989.

Ainsworth Game Technology Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.758 98.352 0.974
201506 0.747 99.838 0.946
201606 0.883 100.859 1.107
201706 0.730 102.809 0.897
201806 0.619 104.945 0.746
201906 0.562 106.617 0.666
202006 0.328 106.246 0.390
202106 0.339 110.332 0.388
202206 0.496 117.112 0.535
202312 0.639 126.399 0.639

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.


Ainsworth Game Technology  (ASX:AGI) 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.


Ainsworth Game Technology Cyclically Adjusted PS Ratio Related Terms

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


Ainsworth Game Technology (ASX:AGI) Business Description

Traded in Other Exchanges
Address
10 Holker Street, Newington, Sydney, NSW, AUS, 2127
Ainsworth Game Technology is an electronic gaming machine manufacturer, selling machines to pubs, clubs, and casinos. The firm is licence in all Australian states and territories, most North American jurisdictions, and several other countries. With the firm's domestic market share and earnings shrinking, the company has shifted focus to international operations, particularly the North American business.