GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Sinclair Inc (FRA:HQ7) » Definitions » Cyclically Adjusted PS Ratio

Sinclair (FRA:HQ7) Cyclically Adjusted PS Ratio : 0.25 (As of Jun. 08, 2024)


View and export this data going back to 2023. Start your Free Trial

What is Sinclair Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Sinclair's current share price is €11.50. Sinclair's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €46.58. Sinclair's Cyclically Adjusted PS Ratio for today is 0.25.

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

FRA:HQ7' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.2   Med: 1.81   Max: 3.58
Current: 0.24

During the past years, Sinclair's highest Cyclically Adjusted PS Ratio was 3.58. The lowest was 0.20. And the median was 1.81.

FRA:HQ7's Cyclically Adjusted PS Ratio is ranked better than
83.68% of 717 companies
in the Media - Diversified industry
Industry Median: 0.89 vs FRA:HQ7: 0.24

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.

Sinclair's adjusted revenue per share data for the three months ended in Mar. 2024 was €11.399. 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 €46.58 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sinclair Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sinclair'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.

Sinclair Cyclically Adjusted PS Ratio Chart

Sinclair 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 1.43 1.06 0.67 0.34 0.26

Sinclair 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 0.36 0.29 0.23 0.26 0.26

Competitive Comparison of Sinclair's Cyclically Adjusted PS Ratio

For the Entertainment subindustry, Sinclair'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.


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

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

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



Sinclair 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.

Sinclair's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.50/46.58
=0.25

* 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.

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

For example, Sinclair'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)
=11.399/131.7762*131.7762
=11.399

Current CPI (Mar. 2024) = 131.7762.

Sinclair Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.423 100.560 4.486
201409 3.923 100.428 5.148
201412 5.184 99.070 6.895
201503 4.870 99.621 6.442
201506 5.141 100.684 6.729
201509 5.106 100.392 6.702
201512 5.887 99.792 7.774
201603 5.437 100.470 7.131
201606 6.184 101.688 8.014
201609 6.524 101.861 8.440
201612 7.092 101.863 9.175
201703 6.257 102.862 8.016
201706 5.600 103.349 7.140
201709 5.247 104.136 6.640
201712 5.864 104.011 7.429
201803 5.243 105.290 6.562
201806 6.069 106.317 7.522
201809 6.387 106.507 7.902
201812 7.995 105.998 9.939
201903 6.855 107.251 8.423
201906 7.324 108.070 8.931
201909 11.093 108.329 13.494
201912 15.709 108.420 19.093
202003 15.962 108.902 19.315
202006 14.111 108.767 17.096
202009 17.466 109.815 20.959
202012 16.811 109.897 20.158
202103 17.062 111.754 20.119
202106 17.761 114.631 20.417
202109 17.278 115.734 19.673
202112 17.418 117.630 19.513
202203 16.204 121.301 17.603
202206 11.168 125.017 11.772
202209 12.179 125.227 12.816
202212 13.008 125.222 13.689
202303 10.334 127.348 10.693
202306 11.074 128.729 11.336
202309 11.349 129.860 11.517
202312 11.930 129.419 12.147
202403 11.399 131.776 11.399

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.


Sinclair  (FRA:HQ7) 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.


Sinclair Cyclically Adjusted PS Ratio Related Terms

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


Sinclair (FRA:HQ7) Business Description

Traded in Other Exchanges
Address
10706 Beaver Dam Road, Hunt Valley, MD, USA, 21030
Sinclair Broadcast Group is the second-largest television station operator in the U.S., with 185 stations in 86 markets. Of the firm's roughly 600 channels, 150 are affiliated with the four national broadcasters—Fox, ABC, CBS, and NBC—with over 80 other channels on networks aligned with The CW (Nexstar) and MyNetworkTV (Fox). The firm also owns the Tennis Channel and four multicast networks. Via the 2019 purchase of the Fox regional sports networks from Disney, Sinclair is now the largest owner of Diamond Sports, which operates regional sports networks. Diamond Sports sought bankruptcy protection in early 2023.

Sinclair (FRA:HQ7) Headlines

No Headlines