GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » MCH Group Ltd (XSWX:MCHN) » Definitions » Cyclically Adjusted PS Ratio

MCH Group (XSWX:MCHN) Cyclically Adjusted PS Ratio : 0.11 (As of Jun. 09, 2024)


View and export this data going back to 2001. Start your Free Trial

What is MCH Group Cyclically Adjusted PS Ratio?

As of today (2024-06-09), MCH Group's current share price is CHF5.20. MCH Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was CHF49.23. MCH Group's Cyclically Adjusted PS Ratio for today is 0.11.

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

XSWX:MCHN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.39   Max: 1.24
Current: 0.11

During the past 13 years, MCH Group's highest Cyclically Adjusted PS Ratio was 1.24. The lowest was 0.07. And the median was 0.39.

XSWX:MCHN's Cyclically Adjusted PS Ratio is ranked better than
94.14% of 717 companies
in the Media - Diversified industry
Industry Median: 0.89 vs XSWX:MCHN: 0.11

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.

MCH Group's adjusted revenue per share data of for the fiscal year that ended in Dec23 was CHF12.093. 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 CHF49.23 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


MCH Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for MCH Group'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.

MCH Group Cyclically Adjusted PS Ratio Chart

MCH Group 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 0.36 0.20 0.16 0.09 0.08

MCH Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.16 - 0.09 - 0.08

Competitive Comparison of MCH Group's Cyclically Adjusted PS Ratio

For the Advertising Agencies subindustry, MCH Group'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.


MCH Group's Cyclically Adjusted PS Ratio Distribution in the Media - Diversified Industry

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

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



MCH Group 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.

MCH Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.20/49.23
=0.11

* 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.

MCH Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, MCH Group's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=12.093/106.4612*106.4612
=12.093

Current CPI (Dec23) = 106.4612.

MCH Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 63.644 100.704 67.283
201512 57.601 99.386 61.701
201612 60.707 99.380 65.033
201712 68.395 100.213 72.659
201812 72.674 100.906 76.675
201912 71.251 101.063 75.057
202012 26.641 100.241 28.294
202112 12.594 101.776 13.174
202212 19.989 104.666 20.332
202312 12.093 106.461 12.093

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.


MCH Group  (XSWX:MCHN) 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.


MCH Group Cyclically Adjusted PS Ratio Related Terms

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


MCH Group (XSWX:MCHN) Business Description

Traded in Other Exchanges
Address
Messeplatz 10, Basel, CHE, 4005
MCH Group Ltd is an international live-marketing company with a services network spanning the entire exhibition and event market. As the organiser of national and international exhibitions, the MCH Group creates marketing platforms and offers exhibiting companies bespoke solutions for successful exhibition stands. With its infrastructure in Basel, Lausanne and Zurich, as well as its live marketing solutions, the firm also provides a broad range of services to corporate and public events, in addition to exhibitions and congresses. The company's majority of operating income is derived from Switzerland, where it already has a market position.

MCH Group (XSWX:MCHN) Headlines