GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Cinemark Holdings Inc (FRA:ZZA) » Definitions » Cyclically Adjusted PS Ratio

Cinemark Holdings (FRA:ZZA) Cyclically Adjusted PS Ratio : 0.63 (As of Jun. 07, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Cinemark Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Cinemark Holdings's current share price is €15.055. Cinemark Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €23.95. Cinemark Holdings's Cyclically Adjusted PS Ratio for today is 0.63.

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

FRA:ZZA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.32   Med: 1.44   Max: 2.03
Current: 0.65

During the past years, Cinemark Holdings's highest Cyclically Adjusted PS Ratio was 2.03. The lowest was 0.32. And the median was 1.44.

FRA:ZZA's Cyclically Adjusted PS Ratio is ranked better than
61% of 718 companies
in the Media - Diversified industry
Industry Median: 0.89 vs FRA:ZZA: 0.65

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.

Cinemark Holdings's adjusted revenue per share data for the three months ended in Mar. 2024 was €3.496. 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 €23.95 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cinemark Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Cinemark Holdings'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.

Cinemark Holdings Cyclically Adjusted PS Ratio Chart

Cinemark Holdings 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 1.31 0.71 0.65 0.33 0.55

Cinemark Holdings 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 0.56 0.63 0.70 0.55 0.69

Competitive Comparison of Cinemark Holdings's Cyclically Adjusted PS Ratio

For the Entertainment subindustry, Cinemark Holdings'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.


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

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

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



Cinemark Holdings 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.

Cinemark Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.055/23.95
=0.63

* 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.

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

For example, Cinemark Holdings'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)
=3.496/131.7762*131.7762
=3.496

Current CPI (Mar. 2024) = 131.7762.

Cinemark Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.596 100.560 6.023
201409 4.364 100.428 5.726
201412 4.648 99.070 6.182
201503 5.183 99.621 6.856
201506 6.180 100.684 8.088
201509 5.407 100.392 7.097
201512 5.608 99.792 7.405
201603 5.479 100.470 7.186
201606 5.723 101.688 7.416
201609 5.914 101.861 7.651
201612 5.727 101.863 7.409
201703 6.289 102.862 8.057
201706 5.760 103.349 7.344
201709 5.136 104.136 6.499
201712 5.461 104.011 6.919
201803 5.446 105.290 6.816
201806 6.545 106.317 8.112
201809 5.557 106.507 6.875
201812 6.024 105.998 7.489
201903 5.433 107.251 6.675
201906 7.273 108.070 8.868
201909 6.400 108.329 7.785
201912 6.084 108.420 7.395
202003 4.223 108.902 5.110
202006 0.068 108.767 0.082
202009 0.258 109.815 0.310
202012 0.689 109.897 0.826
202103 0.820 111.754 0.967
202106 2.086 114.631 2.398
202109 3.151 115.734 3.588
202112 5.017 117.630 5.620
202203 3.547 121.301 3.853
202206 5.955 125.017 6.277
202209 5.548 125.227 5.838
202212 4.777 125.222 5.027
202303 4.801 127.348 4.968
202306 5.733 128.729 5.869
202309 5.393 129.860 5.473
202312 3.839 129.419 3.909
202403 3.496 131.776 3.496

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.


Cinemark Holdings  (FRA:ZZA) 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.


Cinemark Holdings Cyclically Adjusted PS Ratio Related Terms

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


Cinemark Holdings (FRA:ZZA) Business Description

Traded in Other Exchanges
Address
3900 Dallas Parkway, Suite 500, Plano, TX, USA, 75093
Cinemark Holdings Inc is geographically diverse operators in the motion picture exhibition industry in the United States. The company operates in around 518 theatres and 5,847 screens in the United States and Latin America. The company generates revenue from filmed entertainment box office receipts and concession sales, with additional revenue from screen advertising, screen rental and other revenue streams, such as transactional fees, vendor marketing promotions, studio trailer placements, meeting rentals and electronic video games located in some of the theatres. Majority of Cinemark's theaters are located in midsize cities or suburbs of large cities.

Cinemark Holdings (FRA:ZZA) Headlines

No Headlines