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National CineMedia (FRA:XWM0) Cyclically Adjusted PS Ratio : (As of Jun. 08, 2024)


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What is National CineMedia Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


National CineMedia Cyclically Adjusted PS Ratio Historical Data

The historical data trend for National CineMedia'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.

National CineMedia Cyclically Adjusted PS Ratio Chart

National CineMedia 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 0.93 0.53 0.42 0.03 0.08

National CineMedia Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.02 0.06 0.08 0.08 0.09

Competitive Comparison of National CineMedia's Cyclically Adjusted PS Ratio

For the Advertising Agencies subindustry, National CineMedia'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.


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

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

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



National CineMedia 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.

National CineMedia's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, National CineMedia's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.356/131.7762*131.7762
=0.356

Current CPI (Mar. 2024) = 131.7762.

National CineMedia Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 12.462 100.560 16.331
201409 13.249 100.428 17.385
201412 16.904 99.070 22.485
201503 12.066 99.621 15.961
201506 18.164 100.684 23.773
201509 16.690 100.392 21.908
201512 20.869 99.792 27.558
201603 11.479 100.470 15.056
201606 16.959 101.688 21.977
201609 16.611 101.861 21.489
201612 22.153 101.863 28.659
201703 11.147 102.862 14.280
201706 14.190 103.349 18.093
201709 15.193 104.136 19.226
201712 15.594 104.011 19.757
201803 8.487 105.290 10.622
201806 12.619 106.317 15.641
201809 12.177 106.507 15.066
201812 7.613 105.998 9.464
201903 8.818 107.251 10.834
201906 12.561 108.070 15.316
201909 12.883 108.329 15.671
201912 16.969 108.420 20.624
202003 7.530 108.902 9.112
202006 0.455 108.767 0.551
202009 0.653 109.815 0.784
202012 1.653 109.897 1.982
202103 0.578 111.754 0.682
202106 1.450 114.631 1.667
202109 3.353 115.734 3.818
202112 6.980 117.630 7.819
202203 4.022 121.301 4.369
202206 7.791 125.017 8.212
202209 6.745 125.227 7.098
202212 10.335 125.222 10.876
202303 2.240 127.348 2.318
202306 0.785 128.729 0.804
202309 0.369 129.860 0.374
202312 0.860 129.419 0.876
202403 0.356 131.776 0.356

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.


National CineMedia  (FRA:XWM0) 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.


National CineMedia Cyclically Adjusted PS Ratio Related Terms

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


National CineMedia (FRA:XWM0) Business Description

Traded in Other Exchanges
Address
6300 South Syracuse Way, Suite 300, Centennial, CO, USA, 80111
National CineMedia Inc is a holding company that operates a digital in-theatre media network across North America. The company displays ads in movie theaters, online, and through mobile video. National CineMedia's most important operation is First Look, its prefeature programming that plays before a movie and related trailers start. The company also operates an online and mobile network in combination with movie theaters that include movie content, trailers, showtimes, and other features. The company derives revenue from the sale of advertising to national, regional and local businesses in Noovie show, cinema advertising and entertainment show seen on movie screens across the U.S.

National CineMedia (FRA:XWM0) Headlines

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