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Townsquare Media (Townsquare Media) Cyclically Adjusted PS Ratio : 0.46 (As of Jun. 08, 2024)


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What is Townsquare Media Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Townsquare Media's current share price is $10.95. Townsquare Media's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $23.74. Townsquare Media's Cyclically Adjusted PS Ratio for today is 0.46.

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

TSQ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.38   Max: 0.53
Current: 0.46

During the past years, Townsquare Media's highest Cyclically Adjusted PS Ratio was 0.53. The lowest was 0.29. And the median was 0.38.

TSQ's Cyclically Adjusted PS Ratio is ranked better than
69.04% of 717 companies
in the Media - Diversified industry
Industry Median: 0.89 vs TSQ: 0.46

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.

Townsquare Media's adjusted revenue per share data for the three months ended in Mar. 2024 was $5.310. 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 $23.74 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Townsquare Media Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Townsquare Media'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.

Townsquare Media Cyclically Adjusted PS Ratio Chart

Townsquare Media 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 - - - 0.29 0.44

Townsquare Media 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 0.32 0.48 0.35 0.44 0.46

Competitive Comparison of Townsquare Media's Cyclically Adjusted PS Ratio

For the Advertising Agencies subindustry, Townsquare Media'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.


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

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

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



Townsquare Media 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.

Townsquare Media's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.95/23.74
=0.46

* 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.

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

For example, Townsquare Media'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)
=5.31/131.7762*131.7762
=5.310

Current CPI (Mar. 2024) = 131.7762.

Townsquare Media Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.330 100.560 8.295
201409 6.668 100.428 8.749
201412 5.212 99.070 6.933
201503 2.402 99.621 3.177
201506 6.764 100.684 8.853
201509 4.693 100.392 6.160
201512 4.129 99.792 5.452
201603 5.286 100.470 6.933
201606 4.999 101.688 6.478
201609 6.056 101.861 7.835
201612 0.884 101.863 1.144
201703 4.797 102.862 6.145
201706 4.124 103.349 5.258
201709 3.997 104.136 5.058
201712 2.820 104.011 3.573
201803 3.205 105.290 4.011
201806 3.814 106.317 4.727
201809 3.828 106.507 4.736
201812 5.730 105.998 7.124
201903 3.412 107.251 4.192
201906 4.114 108.070 5.016
201909 4.081 108.329 4.964
201912 5.911 108.420 7.184
202003 5.028 108.902 6.084
202006 2.684 108.767 3.252
202009 3.444 109.815 4.133
202012 5.699 109.897 6.834
202103 4.772 111.754 5.627
202106 5.698 114.631 6.550
202109 5.741 115.734 6.537
202112 5.531 117.630 6.196
202203 5.138 121.301 5.582
202206 6.522 125.017 6.875
202209 6.901 125.227 7.262
202212 7.017 125.222 7.384
202303 5.993 127.348 6.201
202306 7.040 128.729 7.207
202309 7.072 129.860 7.176
202312 7.019 129.419 7.147
202403 5.310 131.776 5.310

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.


Townsquare Media  (NYSE:TSQ) 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.


Townsquare Media Cyclically Adjusted PS Ratio Related Terms

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


Townsquare Media (Townsquare Media) Business Description

Traded in Other Exchanges
Address
One Manhattanville Road, Suite 202, Purchase, New York, NY, USA, 10577
Townsquare Media Inc is a radio, digital media, entertainment, and digital marketing solutions company principally focused on being the premier local advertising and marketing solutions platform in small and mid-sized markets across the United States. It has three segments which are Subscription Digital Marketing Solutions, Digital Advertising, and Broadcast Advertising. It earns the majority of the revenue from the Broadcasting Advertising segment. Its portfolio includes local media brands such as WYRK.com, WJON.com, and NJ101.5.com, and premier national music brands such as XXLmag.com, TasteofCountry.com, UltimateClassicRock.com, and Loudwire.com.
Executives
Erik Hellum officer: COO, Local Media C/O TOWNSQUARE MEDIA, INC., 1 MANHATTANVILLE ROAD, SUITE 202, PURCHASE NY 10577
Scott Schatz officer: EVP, Finance Op and Tech C/O TOWNSQUARE MEDIA, INC., 1 MANHATTANVILLE ROAD, SUITE 202, PURCHASE NY 10577
David Lebow director C/O TOWNSQUARE MEDIA, INC, 1 MANHATTANVILLE ROAD, SUITE 202, PURCHASE NY 10577
Madison Square Garden Entertainment Corp. 10 percent owner TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Gary D Way director C/O TOWNSQUARE MEDIA, INC., ONE MANHATTANVILLE ROAD, SUITE 202, PURCHASE NY 10577
David Quick director 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Capital Group Holdings Gp, Llc 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Capital Group Holdings, L.p. 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Fund Gp Iii, L.p. 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Ocm Pof Iv Aif Gap Holdings, L.p. 10 percent owner C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 S. GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Atlas Ocm Holdings, Llc 10 percent owner C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 S. GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Aif Investments, L.p. 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Aif Investment Gp, Llc 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Partners Ltd 10 percent owner 181 BAY STREET, BROOKFIELD PLACE, SUITE 300, TORONTO A6 M5J2T3
Brookfield Asset Management Inc. 10 percent owner BROOKFIELD PLACE, 181 BAY ST, STE 100, PO BOX 762, TORONTO A6 M5J2T3