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ABS-CBN (PHS:ABS) Cyclically Adjusted PS Ratio : 0.16 (As of Jun. 08, 2024)


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What is ABS-CBN Cyclically Adjusted PS Ratio?

As of today (2024-06-08), ABS-CBN's current share price is ₱7.33. ABS-CBN's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₱45.93. ABS-CBN's Cyclically Adjusted PS Ratio for today is 0.16.

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

PHS:ABS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.26   Max: 0.57
Current: 0.17

During the past years, ABS-CBN's highest Cyclically Adjusted PS Ratio was 0.57. The lowest was 0.07. And the median was 0.26.

PHS:ABS's Cyclically Adjusted PS Ratio is ranked better than
88.86% of 718 companies
in the Media - Diversified industry
Industry Median: 0.89 vs PHS:ABS: 0.17

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.

ABS-CBN's adjusted revenue per share data for the three months ended in Mar. 2024 was ₱4.534. 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 ₱45.93 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ABS-CBN Cyclically Adjusted PS Ratio Historical Data

The historical data trend for ABS-CBN'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.

ABS-CBN Cyclically Adjusted PS Ratio Chart

ABS-CBN 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 0.33 0.25 0.27 0.15 0.10

ABS-CBN 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 0.15 0.14 0.08 0.10 0.09

Competitive Comparison of ABS-CBN's Cyclically Adjusted PS Ratio

For the Entertainment subindustry, ABS-CBN'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.


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

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

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



ABS-CBN 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.

ABS-CBN's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.33/45.93
=0.16

* 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.

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

For example, ABS-CBN'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)
=4.534/131.7762*131.7762
=4.534

Current CPI (Mar. 2024) = 131.7762.

ABS-CBN Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 9.991 100.560 13.093
201409 10.390 100.428 13.633
201412 9.731 99.070 12.944
201503 10.091 99.621 13.348
201506 11.232 100.684 14.701
201509 12.136 100.392 15.930
201512 12.779 99.792 16.875
201603 12.023 100.470 15.769
201606 13.596 101.688 17.619
201609 12.354 101.861 15.982
201612 12.715 101.863 16.449
201703 11.636 102.862 14.907
201706 11.860 103.349 15.122
201709 12.305 104.136 15.571
201712 13.593 104.011 17.222
201803 10.886 105.290 13.624
201806 11.815 106.317 14.644
201809 12.619 106.507 15.613
201812 13.330 105.998 16.572
201903 12.586 107.251 15.464
201906 12.624 108.070 15.393
201909 13.571 108.329 16.508
201912 13.133 108.420 15.962
202003 10.493 108.902 12.697
202006 5.695 108.767 6.900
202009 4.522 109.815 5.426
202012 5.329 109.897 6.390
202103 4.763 111.754 5.616
202106 5.163 114.631 5.935
202109 5.645 115.734 6.427
202112 6.173 117.630 6.915
202203 5.650 121.301 6.138
202206 6.424 125.017 6.771
202209 5.938 125.227 6.249
202212 4.487 125.222 4.722
202303 4.817 127.348 4.985
202306 5.176 128.729 5.299
202309 5.271 129.860 5.349
202312 5.940 129.419 6.048
202403 4.534 131.776 4.534

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.


ABS-CBN  (PHS:ABS) 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.


ABS-CBN Cyclically Adjusted PS Ratio Related Terms

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


ABS-CBN (PHS:ABS) Business Description

Traded in Other Exchanges
N/A
Address
Mother Ignacia Street, Sgt. Esguerra Avenue Corner, ABS-CBN Broadcasting Center, Diliman, Quezon, QUE, PHL, 1100
ABS-CBN Corp is one of the media companies in the Philippines. It operates national television networks, radio channels, and international television channels. The company's operating segment includes Content Creation, Production, and Distribution; Cable, satellite, and broadband. It generates maximum revenue from the Content Production and Distribution segment. Geographically, it derives a majority of revenue from the Philippines. ABS-CBN continues to be a supplier of Filipino entertainment, news, and current affairs programs for free TV, cable, and satellite channels and online platforms both in the Philippines and across world.

ABS-CBN (PHS:ABS) Headlines

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