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Alibaba Pictures Group (HKSE:01060) Cyclically Adjusted PS Ratio : 4.80 (As of May. 26, 2024)


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What is Alibaba Pictures Group Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Alibaba Pictures Group's current share price is HK$0.48. Alibaba Pictures Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 was HK$0.10. Alibaba Pictures Group's Cyclically Adjusted PS Ratio for today is 4.80.

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

HKSE:01060' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.76   Med: 5.39   Max: 13.85
Current: 4.59

During the past 13 years, Alibaba Pictures Group's highest Cyclically Adjusted PS Ratio was 13.85. The lowest was 0.76. And the median was 5.39.

HKSE:01060's Cyclically Adjusted PS Ratio is ranked worse than
91.55% of 710 companies
in the Media - Diversified industry
Industry Median: 0.885 vs HKSE:01060: 4.59

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.

Alibaba Pictures Group's adjusted revenue per share data of for the fiscal year that ended in Mar23 was HK$0.150. 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 HK$0.10 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alibaba Pictures Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Alibaba Pictures Group'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.

Alibaba Pictures Group Cyclically Adjusted PS Ratio Chart

Alibaba Pictures Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.53 9.29 11.19 6.41 4.87

Alibaba Pictures Group Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 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 - 6.41 - 4.87 -

Competitive Comparison of Alibaba Pictures Group's Cyclically Adjusted PS Ratio

For the Entertainment subindustry, Alibaba Pictures 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.


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

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

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



Alibaba Pictures Group 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.

Alibaba Pictures Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.48/0.1
=4.80

* 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.

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

For example, Alibaba Pictures Group'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)
=0.15/115.4269*115.4269
=0.150

Current CPI (Mar23) = 115.4269.

Alibaba Pictures Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201312 0.056 95.090 0.068
201412 0.011 99.707 0.013
201512 0.014 102.015 0.016
201612 0.040 103.225 0.045
201803 0.162 105.973 0.176
201903 0.140 108.172 0.149
202003 0.120 110.920 0.125
202103 0.128 111.579 0.132
202203 0.169 113.558 0.172
202303 0.150 115.427 0.150

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.


Alibaba Pictures Group  (HKSE:01060) 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.


Alibaba Pictures Group Cyclically Adjusted PS Ratio Related Terms

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


Alibaba Pictures Group (HKSE:01060) Business Description

Traded in Other Exchanges
Address
1 Matheson Street, 26th Floor, Tower One, Times Square, Causeway Bay, Hong Kong, HKG
Alibaba Pictures Group Ltd a subsidiary of the Alibaba Group, is a diversified media company headquartered in China that operates in the entertainment industry. The company has three business segments: Technology, Content production, and IP merchandising and commercialization. The Technology segment provides Internet-based ticketing services to consumers and offers Internet-based promotion and distribution services to cinemas. The integrated development unit develops, licenses, and merchandises intellectual property. The content production business engages in planning, developing, and producing films and TV drama series. The Content segment generates most of the company's revenue.
Executives
Bian Ximing 2101 Beneficial owner
Ali Cv Investment Holding Limited
Alibaba Group Holding Limited
Alibaba Investment Limited
Yang Minghua 2101 Beneficial owner

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