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Naspers (JSE:NPN) Cyclically Adjusted PS Ratio : 13.54 (As of Apr. 27, 2024)


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What is Naspers Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Naspers's current share price is R3624.61. Naspers's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 was R267.71. Naspers's Cyclically Adjusted PS Ratio for today is 13.54.

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

JSE:NPN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.38   Med: 11.65   Max: 22.04
Current: 13.54

During the past 13 years, Naspers's highest Cyclically Adjusted PS Ratio was 22.04. The lowest was 4.38. And the median was 11.65.

JSE:NPN's Cyclically Adjusted PS Ratio is ranked worse than
95.21% of 292 companies
in the Interactive Media industry
Industry Median: 1.525 vs JSE:NPN: 13.54

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.

Naspers's adjusted revenue per share data of for the fiscal year that ended in Mar23 was R593.610. 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 R267.71 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Naspers Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Naspers'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.

Naspers Cyclically Adjusted PS Ratio Chart

Naspers Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.16 14.68 18.97 7.79 12.30

Naspers Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 7.79 - 12.30 -

Competitive Comparison of Naspers's Cyclically Adjusted PS Ratio

For the Internet Content & Information subindustry, Naspers'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.


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

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

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



Naspers 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3624.61/267.71
=13.54

* 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.

Naspers's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Naspers's adjusted Revenue per Share data for the fiscal year that ended in Mar23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=593.61/147.5864*147.5864
=593.610

Current CPI (Mar23) = 147.5864.

Naspers Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 156.748 94.723 244.228
201503 195.988 98.538 293.544
201603 217.550 104.969 305.876
201703 182.091 111.400 241.241
201803 81.637 115.542 104.278
201903 107.885 120.774 131.836
202003 152.164 125.679 178.688
202103 207.507 129.628 236.256
202203 324.028 137.594 347.559
202303 593.610 147.586 593.610

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.


Naspers  (JSE:NPN) 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.


Naspers Cyclically Adjusted PS Ratio Related Terms

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


Naspers (JSE:NPN) Business Description

Traded in Other Exchanges
Address
40 Heerengracht, Cape Town, WC, ZAF, 8001
Naspers Ltd is a Internet and entertainment group and technology investor in the world. Operating in more than 120 countries and markets with long-term growth potential, Naspers builds companies that empower people and enrich communities. It runs some of the platforms in the internet, video entertainment, and media. Naspers operates in various sectors including online classifieds, food delivery, payments, travel, education, health, and social and internet platforms. People use products and services of companies that Naspers has invested in, acquired or built, including Avito, Brainly, BYJU'S, Codecademy, Honor, Delivery Hero, eMAG, ibibo, iFood, letgo, Media24, Movile, MultiChoice, OLX, PayU, Showmax, SimilarWeb, Swiggy, Twiggle, Takealot, and Udemy.

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