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Nexstar Media Group (Nexstar Media Group) Cyclically Adjusted Revenue per Share : $82.62 (As of Dec. 2023)


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What is Nexstar Media Group Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Nexstar Media Group's adjusted revenue per share for the three months ended in Dec. 2023 was $38.100. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $82.62 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Nexstar Media Group's average Cyclically Adjusted Revenue Growth Rate was 20.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 26.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 26.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 23.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Nexstar Media Group was 28.40% per year. The lowest was 2.70% per year. And the median was 23.60% per year.

As of today (2024-04-27), Nexstar Media Group's current stock price is $158.92. Nexstar Media Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $82.62. Nexstar Media Group's Cyclically Adjusted PS Ratio of today is 1.92.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Nexstar Media Group was 4.91. The lowest was 1.47. And the median was 3.26.


Nexstar Media Group Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Nexstar Media Group's Cyclically Adjusted Revenue per Share 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.

Nexstar Media Group Cyclically Adjusted Revenue per Share Chart

Nexstar Media Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.39 41.21 53.61 68.60 82.62

Nexstar Media Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Revenue per Share 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 68.60 72.65 76.33 79.67 82.62

Competitive Comparison of Nexstar Media Group's Cyclically Adjusted Revenue per Share

For the Entertainment subindustry, Nexstar Media 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.


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

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

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



Nexstar Media Group Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Nexstar Media Group'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)
=38.1/129.4194*129.4194
=38.100

Current CPI (Dec. 2023) = 129.4194.

Nexstar Media Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 4.194 99.695 5.444
201406 4.601 100.560 5.921
201409 4.919 100.428 6.339
201412 6.006 99.070 7.846
201503 6.254 99.621 8.125
201506 6.774 100.684 8.707
201509 6.937 100.392 8.943
201512 7.989 99.792 10.361
201603 8.106 100.470 10.442
201606 8.286 101.688 10.546
201609 8.696 101.861 11.049
201612 9.745 101.863 12.381
201703 11.896 102.862 14.967
201706 12.991 103.349 16.268
201709 12.895 104.136 16.026
201712 14.286 104.011 17.776
201803 12.904 105.290 15.861
201806 14.006 106.317 17.049
201809 14.640 106.507 17.789
201812 16.806 105.998 20.519
201903 13.114 107.251 15.825
201906 13.529 108.070 16.202
201909 14.390 108.329 17.192
201912 22.950 108.420 27.395
202003 22.930 108.902 27.250
202006 19.523 108.767 23.230
202009 23.925 109.815 28.196
202012 30.131 109.897 35.484
202103 24.535 111.754 28.413
202106 25.486 114.631 28.774
202109 26.612 115.734 29.759
202112 29.195 117.630 32.121
202203 28.821 121.301 30.750
202206 30.419 125.017 31.490
202209 32.078 125.227 33.152
202212 38.825 125.222 40.126
202303 33.567 127.348 34.113
202306 34.147 128.729 34.330
202309 32.007 129.860 31.899
202312 38.100 129.419 38.100

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Nexstar Media Group  (NAS:NXST) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Nexstar Media Group's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=158.92/82.62
=1.92

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Nexstar Media Group was 4.91. The lowest was 1.47. And the median was 3.26.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Nexstar Media Group Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Nexstar Media Group's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Nexstar Media Group (Nexstar Media Group) Business Description

Traded in Other Exchanges
Address
545 E. John Carpenter Freeway, Suite 700, Irving, TX, USA, 75062
Nexstar is the largest television station owner/operator in the United States, with 200 stations in 116 markets. Of its 200 full-power stations, 155 are affiliated with the four national broadcasters: CBS, Fox, NBC, and ABC. The 2019 merger with Tribune made Nexstar the top broadcast affiliate for both Fox and CBS as well as the number-two partner for NBC and number three for ABC. The firm has networks in 12 of the top 20 television markets and reaches over 68% of U.S. TV households. Nexstar also owns NewsNation (formerly WGN), a nationwide pay-television network, 75% of The CW, and a 31% stake in Food Network and Cooking Channel.
Executives
Blake Russell officer: Vice President, Marketing 545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Thomas Carter officer: Senior Advisor 545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Charles Thomas Mcmillen director 1103 SOUTH CAROLINA AVENUE, WASHINGTON DC 20003
D Geoffrey Armstrong director 5900 PRINCESS GARDEN PARKWAY, 7TH FL, LANHAM MD 20706
Gary Weitman officer: See Remarks 545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Dana Zimmer officer: President, Distribution 545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Sean Compton officer: President, Networks 545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Jay M. Grossman director C/O ABRY PARTNERS, LLC, 888 BOYLSTON STREET, BOSTON MA 02199
Michael Biard officer: President & COO C/O NEXSTAR MEDIA GROUP, INC., 545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Lee Ann Gliha officer: EVP, Chief Financial Officer 545 E. JOHN CARPENTER FREEWAY, IRVING TX 75062
Perry A Sook director, officer: Chief Executive Officer 545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Royce A. Wells director C/O YELP INC., 350 MISSION STREET, 10TH FLOOR, SAN FRANCISCO CA 94105
Rachel Morgan officer: EVP General Counsel 545 E. JOHN CARPENTER FREEWAY, IRVING TX 75062
Andrew Alford officer: See Remarks 545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Brett Jenkins officer: Chief Technology Officer C/O NEXSTAR MEDIA GROUP, INC., 545 E. JOHN CARPENTER FREEWAY, STE 700, IRVING TX 75062