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Cheetah Mobile (Cheetah Mobile) Cyclically Adjusted PS Ratio : (As of May. 30, 2024)


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What is Cheetah Mobile Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cheetah Mobile Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Cheetah Mobile'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.

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Cheetah Mobile Cyclically Adjusted PS Ratio Chart

Cheetah Mobile Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
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Cheetah Mobile Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Cheetah Mobile's Cyclically Adjusted PS Ratio

For the Internet Content & Information subindustry, Cheetah Mobile'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.


Cheetah Mobile's Cyclically Adjusted PS Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Cheetah Mobile's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Cheetah Mobile 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.

Cheetah Mobile's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Cheetah Mobile'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)
=0/114.7809*114.7809
=0.000

Current CPI (Dec. 2023) = 114.7809.

Cheetah Mobile Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201303 1.027 96.372 1.223
201306 1.072 95.984 1.282
201309 1.263 97.332 1.489
201312 1.841 97.624 2.165
201403 1.852 98.600 2.156
201406 2.295 98.200 2.683
201409 2.748 98.900 3.189
201412 3.898 99.000 4.519
201503 3.971 99.900 4.563
201506 4.965 99.500 5.728
201509 5.631 100.500 6.431
201512 6.212 100.600 7.088
201603 5.946 102.200 6.678
201606 5.708 101.400 6.461
201609 5.965 102.400 6.686
201612 6.487 102.600 7.257
201703 6.071 103.200 6.752
201706 6.168 103.100 6.867
201709 6.362 104.100 7.015
201712 7.345 104.500 8.068
201803 6.238 105.300 6.800
201806 5.877 104.900 6.431
201809 6.845 106.600 7.370
201812 7.061 106.500 7.610
201903 5.809 107.700 6.191
201906 5.066 107.700 5.399
201909 4.699 109.800 4.912
201912 3.175 111.200 3.277
202003 2.729 112.300 2.789
202006 1.980 110.400 2.059
202009 1.885 111.700 1.937
202012 1.421 111.500 1.463
202103 1.065 112.662 1.085
202106 1.149 111.769 1.180
202109 1.062 112.215 1.086
202112 0.977 113.108 0.991
202206 0.000 114.558 0.000
202212 0.000 115.116 0.000
202306 0.000 114.558 0.000
202312 0.000 114.781 0.000

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.


Cheetah Mobile  (NYSE:CMCM) 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.


Cheetah Mobile Cyclically Adjusted PS Ratio Related Terms

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Cheetah Mobile (Cheetah Mobile) Business Description

Traded in Other Exchanges
Address
Building No. 11, Wandong Science and Technology Cultural Innovation Park, No.7 Sanjianfangnanli, Chaoyang District, Beijing, CHN, 100024
Cheetah Mobile Inc along with its subsidiaries principally engaged in the provision of internet services including the provision utility products and related services and mobile entrainment services and artificial intelligence (AI) and other services. It operates in two segments: Internet business and AI and others. The firm's revenue gets derived from the internet business segment that provides mobile advertising services to advertising customers world wide, as well as selling advertisements and referring user traffic on its mobile and PC platforms. Geographically, it derives the majority of revenue from PRC.