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Weibo (HKSE:09898) Cyclically Adjusted PS Ratio : 1.24 (As of Jun. 10, 2024)


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What is Weibo Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Weibo's current share price is HK$64.05. Weibo's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was HK$51.66. Weibo's Cyclically Adjusted PS Ratio for today is 1.24.

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

HKSE:09898' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.2   Med: 2.37   Max: 4.44
Current: 1.27

During the past years, Weibo's highest Cyclically Adjusted PS Ratio was 4.44. The lowest was 1.20. And the median was 2.37.

HKSE:09898's Cyclically Adjusted PS Ratio is ranked better than
55% of 300 companies
in the Interactive Media industry
Industry Median: 1.475 vs HKSE:09898: 1.27

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.

Weibo's adjusted revenue per share data for the three months ended in Mar. 2024 was HK$11.735. 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 HK$51.66 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Weibo Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Weibo'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.

Weibo Cyclically Adjusted PS Ratio Chart

Weibo 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 - - - 3.42 1.76

Weibo 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 3.49 2.23 2.06 1.76 1.43

Competitive Comparison of Weibo's Cyclically Adjusted PS Ratio

For the Internet Content & Information subindustry, Weibo'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.


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

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

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



Weibo 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=64.05/51.66
=1.24

* 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.

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

For example, Weibo'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)
=11.735/115.2271*115.2271
=11.735

Current CPI (Mar. 2024) = 115.2271.

Weibo Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.119 98.200 3.660
201409 3.240 98.900 3.775
201412 4.021 99.000 4.680
201503 3.644 99.900 4.203
201506 3.833 99.500 4.439
201509 4.441 100.500 5.092
201512 5.265 100.600 6.031
201603 4.215 102.200 4.752
201606 5.145 101.400 5.847
201609 6.128 102.400 6.896
201612 7.357 102.600 8.262
201703 6.887 103.200 7.690
201706 8.772 103.100 9.804
201709 11.079 104.100 12.263
201712 12.795 104.500 14.108
201803 12.141 105.300 13.286
201806 14.381 104.900 15.797
201809 15.499 106.600 16.753
201812 16.202 106.500 17.530
201903 13.453 107.700 14.393
201906 14.935 107.700 15.979
201909 15.720 109.800 16.497
201912 16.106 111.200 16.689
202003 11.061 112.300 11.349
202006 12.831 110.400 13.392
202009 15.845 111.700 16.345
202012 17.418 111.500 18.000
202103 15.540 112.662 15.894
202106 19.424 111.769 20.025
202109 19.927 112.215 20.462
202112 20.762 113.108 21.151
202203 16.118 114.335 16.244
202206 14.905 114.558 14.992
202209 15.092 115.339 15.077
202212 14.594 115.116 14.608
202303 13.709 115.116 13.722
202306 14.496 114.558 14.581
202309 14.504 115.339 14.490
202312 14.694 114.781 14.751
202403 11.735 115.227 11.735

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.


Weibo  (HKSE:09898) 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.


Weibo Cyclically Adjusted PS Ratio Related Terms

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


Weibo (HKSE:09898) Business Description

Address
No. 8 Xinyuan S. Road, 8th Floor, QIHAO Plaza, Chaoyang District, Beijing, CHN, 100027
Weibo Corp is a China-based company mainly engaged in the social media advertising business for people to create, discover and distribute content. The Company's activities include Advertising and Marketing, which mainly provides a full range of advertising customization and marketing solutions. The Value-added Services mainly provide services such as membership services on social platforms, online games, live broadcasts, social e-commerce, and others. The Company's main product is the social platform Weibo.

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