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Asian Television Network International (TSXV:SAT) Cyclically Adjusted PS Ratio : (As of Jun. 06, 2024)


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What is Asian Television Network International 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


Asian Television Network International Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Asian Television Network International'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.

Asian Television Network International Cyclically Adjusted PS Ratio Chart

Asian Television Network International 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 0.13 0.13 0.33 0.29 0.32

Asian Television Network International 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 0.20 0.16 0.11 0.32 -

Competitive Comparison of Asian Television Network International's Cyclically Adjusted PS Ratio

For the Broadcasting subindustry, Asian Television Network International'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.


Asian Television Network International's Cyclically Adjusted PS Ratio Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Asian Television Network International's Cyclically Adjusted PS Ratio falls into.



Asian Television Network International 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.

Asian Television Network International's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Asian Television Network International'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)
=0.077/126.2576*126.2576
=0.077

Current CPI (Mar. 2024) = 126.2576.

Asian Television Network International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.258 99.473 0.327
201409 0.287 99.394 0.365
201412 0.279 98.367 0.358
201503 0.255 99.789 0.323
201506 0.264 100.500 0.332
201509 0.270 100.421 0.339
201512 0.280 99.947 0.354
201603 0.250 101.054 0.312
201606 0.256 102.002 0.317
201609 0.240 101.765 0.298
201612 0.238 101.449 0.296
201703 0.213 102.634 0.262
201706 0.213 103.029 0.261
201709 0.211 103.345 0.258
201712 0.187 103.345 0.228
201803 0.172 105.004 0.207
201806 0.162 105.557 0.194
201809 0.154 105.636 0.184
201812 0.119 105.399 0.143
201903 0.132 106.979 0.156
201906 0.118 107.690 0.138
201909 0.123 107.611 0.144
201912 0.118 107.769 0.138
202003 0.100 107.927 0.117
202006 0.091 108.401 0.106
202009 0.113 108.164 0.132
202012 0.108 108.559 0.126
202103 0.096 110.298 0.110
202106 0.104 111.720 0.118
202109 0.097 112.905 0.108
202112 0.092 113.774 0.102
202203 0.084 117.646 0.090
202206 0.078 120.806 0.082
202209 0.081 120.648 0.085
202212 0.083 120.964 0.087
202303 0.077 122.702 0.079
202306 0.071 124.203 0.072
202309 0.083 125.230 0.084
202312 0.065 125.072 0.066
202403 0.077 126.258 0.077

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.


Asian Television Network International  (TSXV:SAT) 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.


Asian Television Network International Cyclically Adjusted PS Ratio Related Terms

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Asian Television Network International (TSXV:SAT) Business Description

Traded in Other Exchanges
N/A
Address
330 Cochrane Drive, Markham, ON, CAN, L3R 8E4
Asian Television Network International Ltd is a Canadian-based company. Its activities consist of providing specialty, pay television broadcasting, and television broadcasting advertising for the South Asian community in Canada. The company operates Bollywood movies, sports, news, music, lifestyle, Chinese, Punjabi, and several regional language channels. It derives revenue from Subscriptions, Advertising, Programming, and other income.
Executives
Subrahman Chandrasekar Director, Senior Officer

Asian Television Network International (TSXV:SAT) Headlines

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