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Network 18 Media & Investments (BOM:532798) Cyclically Adjusted PS Ratio : 1.56 (As of Jun. 03, 2024)


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What is Network 18 Media & Investments Cyclically Adjusted PS Ratio?

As of today (2024-06-03), Network 18 Media & Investments's current share price is ₹79.84. Network 18 Media & Investments's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹51.10. Network 18 Media & Investments's Cyclically Adjusted PS Ratio for today is 1.56.

The historical rank and industry rank for Network 18 Media & Investments's Cyclically Adjusted PS Ratio or its related term are showing as below:

BOM:532798' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.55   Med: 1.38   Max: 2.54
Current: 1.56

During the past years, Network 18 Media & Investments's highest Cyclically Adjusted PS Ratio was 2.54. The lowest was 0.55. And the median was 1.38.

BOM:532798's Cyclically Adjusted PS Ratio is ranked worse than
66.53% of 714 companies
in the Media - Diversified industry
Industry Median: 0.88 vs BOM:532798: 1.56

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.

Network 18 Media & Investments's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹23.332. 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 ₹51.10 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Network 18 Media & Investments Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Network 18 Media & Investments'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.

Network 18 Media & Investments Cyclically Adjusted PS Ratio Chart

Network 18 Media & Investments 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 - 0.60 1.68 1.22 1.68

Network 18 Media & Investments 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 1.22 1.31 1.31 1.75 1.68

Competitive Comparison of Network 18 Media & Investments's Cyclically Adjusted PS Ratio

For the Broadcasting subindustry, Network 18 Media & Investments'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.


Network 18 Media & Investments's Cyclically Adjusted PS Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Network 18 Media & Investments's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Network 18 Media & Investments's Cyclically Adjusted PS Ratio falls into.



Network 18 Media & Investments 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.

Network 18 Media & Investments's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=79.84/51.1
=1.56

* 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.

Network 18 Media & Investments's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Network 18 Media & Investments'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)
=23.332/153.0345*153.0345
=23.332

Current CPI (Mar. 2024) = 153.0345.

Network 18 Media & Investments Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.683 94.103 10.868
201409 7.065 96.780 11.172
201412 8.095 96.780 12.800
201503 8.147 97.163 12.832
201506 3.930 99.841 6.024
201509 3.555 101.753 5.347
201512 3.901 102.901 5.802
201603 4.546 102.518 6.786
201606 3.413 105.961 4.929
201609 3.652 105.961 5.274
201612 3.583 105.196 5.212
201703 3.706 105.196 5.391
201706 3.095 107.109 4.422
201709 3.161 109.021 4.437
201712 3.597 109.404 5.031
201803 7.880 109.786 10.984
201806 10.849 111.317 14.915
201809 12.007 115.142 15.958
201812 13.730 115.142 18.248
201903 11.588 118.202 15.003
201906 11.986 120.880 15.174
201909 11.346 123.175 14.096
201912 13.422 126.235 16.271
202003 13.908 124.705 17.067
202006 7.785 127.000 9.381
202009 10.082 130.118 11.858
202012 13.825 130.889 16.164
202103 13.448 131.771 15.618
202106 11.421 134.084 13.035
202109 13.510 135.847 15.219
202112 16.045 138.161 17.772
202203 14.935 138.822 16.464
202206 12.107 142.347 13.016
202209 14.856 144.661 15.716
202212 16.866 145.763 17.707
202303 14.172 146.865 14.767
202306 30.943 150.280 31.510
202309 18.046 151.492 18.230
202312 17.102 152.924 17.114
202403 23.332 153.035 23.332

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.


Network 18 Media & Investments  (BOM:532798) 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.


Network 18 Media & Investments Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Network 18 Media & Investments's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Network 18 Media & Investments (BOM:532798) Business Description

Traded in Other Exchanges
Address
414, Senapati Bapat Marg, First Floor, Empire Complex, Lower Parel, Mumbai, MH, IND, 400 013
Network 18 Media & Investments Ltd is a mass media company. The company's only segment being Media Operations. The company operates news channels that broadcast throughout India that include CNBC-TV18, News18 India, and CNN-News18 as well as entertainment networks that include MTV India, Comedy Central, and Vh1.

Network 18 Media & Investments (BOM:532798) Headlines

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