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The Walt Disney Co (The Walt Disney Co) Cyclically Adjusted PS Ratio : 2.52 (As of Apr. 27, 2024)


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What is The Walt Disney Co Cyclically Adjusted PS Ratio?

As of today (2024-04-27), The Walt Disney Co's current share price is $112.73. The Walt Disney Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $44.76. The Walt Disney Co's Cyclically Adjusted PS Ratio for today is 2.52.

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

DIS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.78   Med: 3.87   Max: 5.8
Current: 2.52

During the past years, The Walt Disney Co's highest Cyclically Adjusted PS Ratio was 5.80. The lowest was 1.78. And the median was 3.87.

DIS's Cyclically Adjusted PS Ratio is ranked worse than
81.5% of 692 companies
in the Media - Diversified industry
Industry Median: 0.89 vs DIS: 2.52

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.

The Walt Disney Co's adjusted revenue per share data for the three months ended in Dec. 2023 was $12.833. 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 $44.76 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Walt Disney Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for The Walt Disney Co'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.

The Walt Disney Co Cyclically Adjusted PS Ratio Chart

The Walt Disney Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.07 3.68 4.61 2.28 1.82

The Walt Disney Co 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 2.08 2.33 2.04 1.82 2.02

Competitive Comparison of The Walt Disney Co's Cyclically Adjusted PS Ratio

For the Entertainment subindustry, The Walt Disney Co'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.


The Walt Disney Co's Cyclically Adjusted PS Ratio Distribution in the Media - Diversified Industry

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

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



The Walt Disney Co 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.

The Walt Disney Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=112.73/44.76
=2.52

* 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.

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

For example, The Walt Disney Co'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)
=12.833/129.4194*129.4194
=12.833

Current CPI (Dec. 2023) = 129.4194.

The Walt Disney Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 6.581 99.695 8.543
201406 7.132 100.560 9.179
201409 7.141 100.428 9.202
201412 7.799 99.070 10.188
201503 7.266 99.621 9.439
201506 7.657 100.684 9.842
201509 7.976 100.392 10.282
201512 9.139 99.792 11.852
201603 7.893 100.470 10.167
201606 8.754 101.688 11.141
201609 8.137 101.861 10.338
201612 9.223 101.863 11.718
201703 8.382 102.862 10.546
201706 9.057 103.349 11.342
201709 8.255 104.136 10.259
201712 10.093 104.011 12.559
201803 9.634 105.290 11.842
201806 10.166 106.317 12.375
201809 9.550 106.507 11.604
201812 10.216 105.998 12.473
201903 9.709 107.251 11.716
201906 11.170 108.070 13.377
201909 10.528 108.329 12.578
201912 11.490 108.420 13.715
202003 9.926 108.902 11.796
202006 6.511 108.767 7.747
202009 8.121 109.815 9.571
202012 8.913 109.897 10.496
202103 8.536 111.754 9.885
202106 9.302 114.631 10.502
202109 10.122 115.734 11.319
202112 11.936 117.630 13.132
202203 10.530 121.301 11.235
202206 11.783 125.017 12.198
202209 11.029 125.227 11.398
202212 12.869 125.222 13.300
202303 11.914 127.348 12.108
202306 12.209 128.729 12.275
202309 11.588 129.860 11.549
202312 12.833 129.419 12.833

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.


The Walt Disney Co  (NYSE:DIS) 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.


The Walt Disney Co Cyclically Adjusted PS Ratio Related Terms

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


The Walt Disney Co (The Walt Disney Co) Business Description

Address
500 South Buena Vista Street, Burbank, CA, USA, 91521
Disney operates in three global business segments: entertainment, sports, and experiences. Entertainment and experiences both benefit from franchises and characters the firm has created over the course of a century. Entertainment includes the ABC broadcast network, several cable television networks, and the Disney+ and Hulu streaming services. Within the segment, Disney also engages in movie and television production and distribution, with content licensed to movie theaters, other content providers, or, increasingly, kept in-house for use on Disney's own streaming platform and television networks. The sports segment houses ESPN and the ESPN+ streaming service. Experiences contains Disney's theme parks and vacation destinations, and also benefits from merchandise licensing.
Executives
Sonia L Coleman officer: Sr. EVP and Chief HR Officer 500 SOUTH BUENA VISTA STREET, BURBANK CA 91521
Brent Woodford officer: EVP, Control, Fin Plan & Tax 1441 GARDINER LANE, LOUISVILLE KY 40213
Amy Chang director 2100 SEAPORT BLVD., C/O INFORMATICA CORPORATION, REDWOOD CITY CA 94063
Kevin A Lansberry officer: Interim Chief Finan Officer 500 SOUTH BUENA VISTA STREET, BURBANK CA 91521
Christine M Mccarthy officer: SEVP-Chief Financial Officer 500 SOUTH BUENA VISTA STREET, BURBANK CA 91521-0964
Carolyn Everson director C/O THE HERTZ CORPORATION, 225 BRAE BOULEVARD, PARK RIDGE NJ 07656-0713
Kristina K Schake officer: Sr. EVP and Chief Comm Officer 500 SOUTH BUENA VISTA STREET, BURBANK CA 91521
Horacio E Gutierrez officer: Sr EVP, General Counsel & Secy 500 SOUTH BUENA VISTA STREET, BURBANK CA 91521
Geoff Morrell officer: SEVP Chf Corp Affairs Officer 500 SOUTH BUENA VISTA STREET, BURBANK CA 91521
Robert A Chapek officer: Chief Executive Officer 500 SOUTH BUENA VISTA STREET, BURBANK CA 91521
Paul J Richardson officer: Sr. EVP and Chief HR Officer 500 SOUTH BUENA VISTA STREET, BURBANK CA 91521
Calvin Mcdonald director C/O LULULEMON ATHLETICA INC., 1818 CORNWALL AVENUE, VANCOUVER A1 V6J 1C7
Robert A Iger director, officer: Chairman and CEO C/O WALT DISNEY CO, 500 S BUENA VISTA STREET, BURBANK CA 91521-1062
Zenia B. Mucha officer: SEVP Corporate Communications 500 SOUTH BUENA VISTA STREET, BURBANK CA 91521
Mary Jayne Parker officer: SEVP and Chief HR Officer 500 SOUTH BUENA VISTA STREET, BURBANK CA 91521-0966