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Saga Communications (Saga Communications) Cyclically Adjusted PS Ratio : 0.82 (As of May. 22, 2024)


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What is Saga Communications Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Saga Communications's current share price is $19.58. Saga Communications's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $23.99. Saga Communications's Cyclically Adjusted PS Ratio for today is 0.82.

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

SGA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.74   Med: 1.45   Max: 2.26
Current: 0.81

During the past years, Saga Communications's highest Cyclically Adjusted PS Ratio was 2.26. The lowest was 0.74. And the median was 1.45.

SGA's Cyclically Adjusted PS Ratio is ranked better than
53.46% of 709 companies
in the Media - Diversified industry
Industry Median: 0.89 vs SGA: 0.81

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.

Saga Communications's adjusted revenue per share data for the three months ended in Mar. 2024 was $4.068. 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 $23.99 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Saga Communications Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Saga Communications'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.

Saga Communications Cyclically Adjusted PS Ratio Chart

Saga Communications 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 1.29 1.05 1.02 0.98 0.93

Saga Communications 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 0.92 0.88 0.89 0.93 0.93

Competitive Comparison of Saga Communications's Cyclically Adjusted PS Ratio

For the Broadcasting subindustry, Saga Communications'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.


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

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

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



Saga Communications 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.

Saga Communications's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=19.58/23.99
=0.82

* 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.

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

For example, Saga Communications'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)
=4.068/131.7762*131.7762
=4.068

Current CPI (Mar. 2024) = 131.7762.

Saga Communications Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.880 100.560 7.705
201409 5.986 100.428 7.855
201412 6.316 99.070 8.401
201503 5.044 99.621 6.672
201506 5.968 100.684 7.811
201509 5.882 100.392 7.721
201512 2.545 99.792 3.361
201603 5.686 100.470 7.458
201606 5.356 101.688 6.941
201609 5.184 101.861 6.706
201612 5.303 101.863 6.860
201703 4.508 102.862 5.775
201706 5.212 103.349 6.646
201709 5.213 104.136 6.597
201712 5.410 104.011 6.854
201803 4.794 105.290 6.000
201806 5.525 106.317 6.848
201809 5.436 106.507 6.726
201812 5.662 105.998 7.039
201903 4.762 107.251 5.851
201906 5.508 108.070 6.716
201909 5.361 108.329 6.521
201912 5.466 108.420 6.643
202003 4.441 108.902 5.374
202006 2.874 108.767 3.482
202009 4.114 109.815 4.937
202012 4.887 109.897 5.860
202103 3.772 111.754 4.448
202106 4.740 114.631 5.449
202109 4.875 115.734 5.551
202112 4.924 117.630 5.516
202203 4.198 121.301 4.561
202206 5.010 125.017 5.281
202209 5.029 125.227 5.292
202212 5.054 125.222 5.319
202303 4.198 127.348 4.344
202306 4.837 128.729 4.952
202309 4.832 129.860 4.903
202312 4.788 129.419 4.875
202403 4.068 131.776 4.068

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.


Saga Communications  (NAS:SGA) 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.


Saga Communications Cyclically Adjusted PS Ratio Related Terms

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


Saga Communications (Saga Communications) Business Description

Traded in Other Exchanges
Address
73 Kercheval Avenue, Grosse Pointe Farms, MI, USA, 48236
Saga Communications Inc is a broadcast company engaged in acquiring, developing, and operating broadcast properties. The company's objective is to operate top-billing radio stations in mid-sized markets and It derives a majority of its revenue from the sale of advertising for broadcast on its stations.
Executives
Michael W Schechter director C/O TOWERVIEW LLC, 460 PARK AVENUE, NEW YORK NY 10022
Wayne Leland officer: SVP of Operations 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236
Edward K. Christian Trust 10 percent owner 500 WOODWARD AVENUE, SUITE 4000, DETROIT MI 48226
Christopher Forgy officer: SVP - OPERATIONS 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236
Michael J. Bergner director C/O SAGA COMMUNICATIONS, INC., 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236
Towerview Llc 10 percent owner 460 PARK AVENUE, NEW YORK NY 10022
Warren S Lada officer: Senior VP - Operations 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236
Gregory Dean Pearce director 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236
Catherine A Bobinski officer: VP, Contr & Chf Acctg Officer 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236
Marcia Lobaito officer: Senior VP and Secretary 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236
Samuel D Bush officer: Senior VP and CFO 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236
David B Stephens director 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236
Timothy J. Clarke director 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236
Gary G Stevens director 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236
Coppedge Roy F Iii director 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236