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GigaMedia (GigaMedia) Cyclically Adjusted PS Ratio : 1.56 (As of May. 28, 2024)


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What is GigaMedia Cyclically Adjusted PS Ratio?

As of today (2024-05-28), GigaMedia's current share price is $1.31. GigaMedia's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $0.84. GigaMedia's Cyclically Adjusted PS Ratio for today is 1.56.

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

GIGM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.68   Max: 3.09
Current: 1.56

During the past years, GigaMedia's highest Cyclically Adjusted PS Ratio was 3.09. The lowest was 0.32. And the median was 0.68.

GIGM's Cyclically Adjusted PS Ratio is ranked worse than
51.67% of 300 companies
in the Interactive Media industry
Industry Median: 1.49 vs GIGM: 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.

GigaMedia's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.066. 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 $0.84 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


GigaMedia Cyclically Adjusted PS Ratio Historical Data

The historical data trend for GigaMedia'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.

GigaMedia Cyclically Adjusted PS Ratio Chart

GigaMedia 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 0.93 2.42 1.90 1.25 1.65

GigaMedia 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 1.51 1.52 1.53 1.65 1.53

Competitive Comparison of GigaMedia's Cyclically Adjusted PS Ratio

For the Electronic Gaming & Multimedia subindustry, GigaMedia'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.


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

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

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



GigaMedia 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.31/0.84
=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.

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

For example, GigaMedia'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)
=0.066/131.7762*131.7762
=0.066

Current CPI (Mar. 2024) = 131.7762.

GigaMedia Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.229 100.560 0.300
201409 0.224 100.428 0.294
201412 0.241 99.070 0.321
201503 0.286 99.621 0.378
201506 0.247 100.684 0.323
201509 0.182 100.392 0.239
201512 0.213 99.792 0.281
201603 0.218 100.470 0.286
201606 0.187 101.688 0.242
201609 0.222 101.861 0.287
201612 0.184 101.863 0.238
201703 0.375 102.862 0.480
201706 0.282 103.349 0.360
201709 0.208 104.136 0.263
201712 0.183 104.011 0.232
201803 0.195 105.290 0.244
201806 0.150 106.317 0.186
201809 0.150 106.507 0.186
201812 0.146 105.998 0.182
201903 0.134 107.251 0.165
201906 0.158 108.070 0.193
201909 0.173 108.329 0.210
201912 0.136 108.420 0.165
202003 0.145 108.902 0.175
202006 0.165 108.767 0.200
202009 0.183 109.815 0.220
202012 0.128 109.897 0.153
202103 0.131 111.754 0.154
202106 0.111 114.631 0.128
202109 0.142 115.734 0.162
202112 0.114 117.630 0.128
202203 0.140 121.301 0.152
202206 0.123 125.017 0.130
202209 0.143 125.227 0.150
202212 0.100 125.222 0.105
202303 0.120 127.348 0.124
202306 0.093 128.729 0.095
202309 0.097 129.860 0.098
202312 0.079 129.419 0.080
202403 0.066 131.776 0.066

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.


GigaMedia  (NAS:GIGM) 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.


GigaMedia Cyclically Adjusted PS Ratio Related Terms

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


GigaMedia (GigaMedia) Business Description

Traded in Other Exchanges
Address
Section 2, Tiding Boulevard, Lane 407, 8th Floor, No. 22, Neihu District, Taipei, TWN, 114
GigaMedia Ltd is a publisher of online games. It has only one reportable segment, Digital Entertainment service. Digital Entertainment service business operates a portfolio of online games, mainly targeting online game players across Europe, Asia, including Greater China and Southeast Asia. The company's portfolio of online games includes predominantly PC-based, non-cash gambling or casino casual games, including MahJong and various card and table games. The company's product lines include MahJong, AkaSeka, Yume 100, Fun Vegas, and others. The company operates in Taiwan and Hong Kong.
Executives
Cheng-ming Huang director, officer: CEO 8F, NO.22, LANE 407, SEC. 2 TIDING BLVD., TAIPEI F5 114
Hwang Collin director 8F, NO. 22, LANE 407, SECTION 2, TIDING BLVD., TAIPEI F5 114
Criterion Capital Partners Master Fund, L.p. 10 percent owner STRATHVALE HOUSE-GROUND FLOOR, NORTH CHURCH STREET, GEORGE TOWN E9 00000
Sanjay Motwani other: N/A C/O SANSAR CAPITAL MANAGEMENT, L.L.C., 25 WEST 53RD STREET, NEW YORK NY 10019
Sansar Performance, L.p. other: N/A C/O SANSAR CAPITAL MANAGEMENT, L.L.C., 25 WEST 53RD STREET, NEW YORK NY 10019
Sansar Capital Master Fund, L.p. other: N/A C/O SANSAR CAPITAL MANAGEMENT, L.L.C., 25 WEST 53RD STREET, NEW YORK NY 10019
Sansar Capital Special Opportunity Master Fund, L.p. other: N/A 25 W 53RD STREET, 14TH FLOOR, NEW YORK NY 10019
Sansar Capital Management, L.l.c. other: N/A 25 W 53RD STREET, 14TH FLOOR, NEW YORK NY 10019

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