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News (NWSA) Cyclically Adjusted PS Ratio : 1.30 (As of Apr. 27, 2024)


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What is News Cyclically Adjusted PS Ratio?

As of today (2024-04-27), News's current share price is $24.22. News's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $18.58. News's Cyclically Adjusted PS Ratio for today is 1.30.

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

NWSA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.83   Med: 1.17   Max: 1.68
Current: 1.3

During the past years, News's highest Cyclically Adjusted PS Ratio was 1.68. The lowest was 0.83. And the median was 1.17.

NWSA's Cyclically Adjusted PS Ratio is ranked worse than
61.71% of 692 companies
in the Media - Diversified industry
Industry Median: 0.89 vs NWSA: 1.30

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.

News's adjusted revenue per share data for the three months ended in Dec. 2023 was $4.509. 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 $18.58 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


News Cyclically Adjusted PS Ratio Historical Data

The historical data trend for News'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.

News Cyclically Adjusted PS Ratio Chart

News Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.52 0.85 1.05

News 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 1.00 0.94 1.05 1.07 1.32

Competitive Comparison of News's Cyclically Adjusted PS Ratio

For the Entertainment subindustry, News'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.


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

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

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



News 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=24.22/18.58
=1.30

* 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.

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

For example, News'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)
=4.509/129.4194*129.4194
=4.509

Current CPI (Dec. 2023) = 129.4194.

News Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.584 99.695 4.653
201406 3.617 100.560 4.655
201409 3.635 100.428 4.684
201412 3.876 99.070 5.063
201503 3.500 99.621 4.547
201506 3.621 100.684 4.654
201509 3.456 100.392 4.455
201512 3.709 99.792 4.810
201603 3.259 100.470 4.198
201606 3.821 101.688 4.863
201609 3.383 101.861 4.298
201612 3.639 101.863 4.623
201703 3.401 102.862 4.279
201706 3.574 103.349 4.476
201709 3.528 104.136 4.385
201712 3.741 104.011 4.655
201803 3.591 105.290 4.414
201806 4.619 106.317 5.623
201809 4.310 106.507 5.237
201812 4.475 105.998 5.464
201903 4.173 107.251 5.036
201906 4.180 108.070 5.006
201909 3.988 108.329 4.764
201912 4.200 108.420 5.013
202003 3.852 108.902 4.578
202006 3.268 108.767 3.889
202009 3.583 109.815 4.223
202012 4.074 109.897 4.798
202103 3.928 111.754 4.549
202106 4.183 114.631 4.723
202109 4.209 115.734 4.707
202112 4.569 117.630 5.027
202203 4.209 121.301 4.491
202206 4.541 125.017 4.701
202209 4.249 125.227 4.391
202212 4.363 125.222 4.509
202303 4.234 127.348 4.303
202306 4.221 128.729 4.244
202309 4.353 129.860 4.338
202312 4.509 129.419 4.509

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.


News  (NAS:NWSA) 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.


News Cyclically Adjusted PS Ratio Related Terms

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


News (NWSA) Business Description

Address
1211 Avenue of the Americas, New York, NY, USA, 10036
News Corporation is a diversified media conglomerate with significant presence in the U.S, the U.K., and Australia. Key mastheads include The Wall Street Journal, Herald Sun, and The Times. The company also has a strong presence in the Australian pay-TV market through Fox Sports and Foxtel (both 65%-owned), while its 61%-owned REA Group is the dominant real estate classified business in Australia. In addition, it owns HarperCollins, one of the largest book publishers in the world, and also has a substantial digital property advertising business (Move) in the U.S.
Executives
Marygrace Degrazio officer: Chief Accounting Officer 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Kelly Ayotte director C/O NEWS CORPORATION, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Susan Panuccio officer: Chief Financial Officer C/O NEWS CORPORATION, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
David B Pitofsky officer: General Counsel C/O NEWS CORPORATION, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Kevin Halpin officer: Deputy Chief Financial Officer 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Joel Klein director C/O NEWS AMERICA INCORPORATED, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
James R Murdoch director C/O LUPA SYSTEMS, 363 LAFAYETTE STREET, NEW YORK NY 10022
John Elkann director 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10003
Elaine L. Chao director C/O DOLE FOOD COMPANY, INC., ONE DOLE DRIVE, WESTLAKE VILLAGE CA 91362
Ana Paula Pessoa director 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10003
Masroor Siddiqui director 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10003
Natalie Bancroft director C/O NEWS AMERICA INCORPORATED, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Jose Maria Aznar director C/O NEWS AMERICA INCORPORATED, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Lachlan K Murdoch director C/O NEWS AMERICA INCORPORATED, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Cruden Financial Services Llc 10 percent owner C/O MCDONALD CARANO WILSON LLP, 100 LIBERTY STREET, RENO NV 89501