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Zee Media (BOM:532794) Cyclically Adjusted PS Ratio : 0.83 (As of Jun. 02, 2024)


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What is Zee Media Cyclically Adjusted PS Ratio?

As of today (2024-06-02), Zee Media's current share price is ₹13.21. Zee Media's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹16.00. Zee Media's Cyclically Adjusted PS Ratio for today is 0.83.

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

BOM:532794' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.47   Med: 0.86   Max: 1.39
Current: 0.83

During the past years, Zee Media's highest Cyclically Adjusted PS Ratio was 1.39. The lowest was 0.47. And the median was 0.86.

BOM:532794's Cyclically Adjusted PS Ratio is ranked better than
50.91% of 715 companies
in the Media - Diversified industry
Industry Median: 0.9 vs BOM:532794: 0.83

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.

Zee Media's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹1.018. 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 ₹16.00 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zee Media Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Zee Media'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.

Zee Media Cyclically Adjusted PS Ratio Chart

Zee Media Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.99 0.51 0.65

Zee Media 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 0.51 0.47 0.78 0.93 0.65

Competitive Comparison of Zee Media's Cyclically Adjusted PS Ratio

For the Broadcasting subindustry, Zee Media'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.


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

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

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



Zee Media 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.

Zee Media's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.21/16
=0.83

* 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.

Zee Media's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Zee Media'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)
=1.018/153.0345*153.0345
=1.018

Current CPI (Mar. 2024) = 153.0345.

Zee Media Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.275 94.103 5.326
201409 4.207 96.780 6.652
201412 3.894 96.780 6.157
201503 0.000 97.163 0.000
201506 2.958 99.841 4.534
201509 2.687 101.753 4.041
201512 2.603 102.901 3.871
201603 2.933 102.518 4.378
201606 2.216 105.961 3.200
201609 2.118 105.961 3.059
201612 2.298 105.196 3.343
201703 2.718 105.196 3.954
201706 2.403 107.109 3.433
201709 2.752 109.021 3.863
201712 3.394 109.404 4.748
201803 3.653 109.786 5.092
201806 3.309 111.317 4.549
201809 3.618 115.142 4.809
201812 4.141 115.142 5.504
201903 3.590 118.202 4.648
201906 4.233 120.880 5.359
201909 2.904 123.175 3.608
201912 3.309 126.235 4.011
202003 2.943 124.705 3.612
202006 2.802 127.000 3.376
202009 3.149 130.118 3.704
202012 3.907 130.889 4.568
202103 2.955 131.771 3.432
202106 3.569 134.084 4.073
202109 3.755 135.847 4.230
202112 3.899 138.161 4.319
202203 3.768 138.822 4.154
202206 3.285 142.347 3.532
202209 3.063 144.661 3.240
202212 2.770 145.763 2.908
202303 4.173 146.865 4.348
202306 2.219 150.280 2.260
202309 2.420 151.492 2.445
202312 2.675 152.924 2.677
202403 1.018 153.035 1.018

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.


Zee Media  (BOM:532794) 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.


Zee Media Cyclically Adjusted PS Ratio Related Terms

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


Zee Media (BOM:532794) Business Description

Traded in Other Exchanges
Address
Essel Studio, FC-19, Sector - 16A, Noida, UP, IND, 201301
Zee Media Corp Ltd engages in the broadcasting of news, current affairs, and other programs in India. It operates in only one segment; the News publishing and broadcasting business. The activities involve the business of broadcasting news, current affairs, and regional language channels, and the sale of television programs. Its revenue streams comprise of advertisement revenue, subscription revenue, and other sales and services that include the sale of programs and content and channel management fees.

Zee Media (BOM:532794) Headlines

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