GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » NCsoft Corp (XKRX:036570) » Definitions » Cyclically Adjusted PS Ratio

NCsoft (XKRX:036570) Cyclically Adjusted PS Ratio : 2.42 (As of May. 15, 2024)


View and export this data going back to 2000. Start your Free Trial

What is NCsoft Cyclically Adjusted PS Ratio?

As of today (2024-05-15), NCsoft's current share price is ₩220000.00. NCsoft's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₩90,729.10. NCsoft's Cyclically Adjusted PS Ratio for today is 2.42.

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

XKRX:036570' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.82   Med: 9.49   Max: 16.66
Current: 2.31

During the past years, NCsoft's highest Cyclically Adjusted PS Ratio was 16.66. The lowest was 1.82. And the median was 9.49.

XKRX:036570's Cyclically Adjusted PS Ratio is ranked worse than
62.88% of 299 companies
in the Interactive Media industry
Industry Median: 1.58 vs XKRX:036570: 2.31

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.

NCsoft's adjusted revenue per share data for the three months ended in Dec. 2023 was ₩21,551.410. 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 ₩90,729.10 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


NCsoft Cyclically Adjusted PS Ratio Historical Data

The historical data trend for NCsoft'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.

NCsoft Cyclically Adjusted PS Ratio Chart

NCsoft 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 10.14 15.11 8.96 5.34 2.65

NCsoft Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 5.34 4.32 3.37 2.47 2.65

Competitive Comparison of NCsoft's Cyclically Adjusted PS Ratio

For the Electronic Gaming & Multimedia subindustry, NCsoft'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.


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

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

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



NCsoft 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=220000.00/90729.1
=2.42

* 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.

NCsoft's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, NCsoft's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=21551.41/118.8477*118.8477
=21,551.410

Current CPI (Dec. 2023) = 118.8477.

NCsoft Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 8,920.282 99.253 10,681.340
201406 10,704.458 99.353 12,804.850
201409 10,596.653 99.608 12,643.441
201412 11,764.909 99.098 14,109.592
201503 8,993.328 99.720 10,718.375
201506 9,923.296 100.050 11,787.715
201509 8,925.783 100.110 10,596.432
201512 10,803.002 100.220 12,810.935
201603 11,205.353 100.560 13,243.143
201606 11,311.967 100.790 13,338.637
201609 10,235.161 101.460 11,989.211
201612 13,376.449 101.560 15,653.409
201703 11,260.651 102.850 13,012.178
201706 12,153.929 102.610 14,077.249
201709 34,182.418 103.490 39,255.017
201712 25,060.161 102.990 28,918.754
201803 22,330.401 104.100 25,493.917
201806 20,516.168 104.130 23,415.916
201809 19,062.999 105.650 21,444.331
201812 19,284.664 104.350 21,963.948
201903 17,398.470 104.490 19,789.149
201906 19,928.471 104.880 22,582.503
201909 19,304.581 105.200 21,808.983
201912 25,904.207 105.120 29,287.057
202003 35,478.766 105.540 39,952.338
202006 26,133.877 104.870 29,617.156
202009 28,395.287 106.200 31,776.973
202012 27,240.077 105.765 30,609.448
202103 24,870.616 107.357 27,532.532
202106 26,135.209 107.579 28,872.931
202109 24,305.945 108.759 26,560.564
202112 37,174.088 109.676 40,282.639
202203 38,917.379 111.806 41,368.525
202206 30,988.232 114.083 32,282.518
202209 29,753.420 114.831 30,794.091
202212 26,983.192 115.200 27,837.541
202303 23,576.598 116.550 24,041.476
202306 21,679.533 117.140 21,995.602
202309 20,835.554 119.111 20,789.461
202312 21,551.410 118.848 21,551.410

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.


NCsoft  (XKRX:036570) 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.


NCsoft Cyclically Adjusted PS Ratio Related Terms

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


NCsoft (XKRX:036570) Business Description

Traded in Other Exchanges
N/A
Address
12, Daewangpangyo-ro 644beon-gil, Bundang-gu, Gyeonggi-do, Seongnam, KOR
NCsoft Corp is a Korea-based online gaming developer and publisher. It's business span across Korea, Taiwan, China, Japan, the United Kingdom, and the United States. The company has produced massively multiplayer online role-playing games such as Lineage, City of Heroes, WildStar, Guild Wars, Aion, Blade and Soul, and Master X Master. The company is also expanding its horizon into the mobile arena.

NCsoft (XKRX:036570) Headlines

No Headlines