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Salem Media Group (FRA:YSLA) Cyclically Adjusted Revenue per Share : €11.11 (As of Sep. 2023)


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What is Salem Media Group Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Salem Media Group's adjusted revenue per share for the three months ended in Sep. 2023 was €2.186. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is €11.11 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Salem Media Group's average Cyclically Adjusted Revenue Growth Rate was 1.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 2.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 1.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Salem Media Group was 4.30% per year. The lowest was 1.00% per year. And the median was 1.50% per year.

As of today (2024-05-26), Salem Media Group's current stock price is €0.23. Salem Media Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 was €11.11. Salem Media Group's Cyclically Adjusted PS Ratio of today is 0.02.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Salem Media Group was 1.06. The lowest was 0.03. And the median was 0.33.


Salem Media Group Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Salem Media Group's Cyclically Adjusted Revenue per Share 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.

Salem Media Group Cyclically Adjusted Revenue per Share Chart

Salem Media Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Revenue per Share
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Salem Media Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Cyclically Adjusted Revenue per Share 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 - - - 10.45 11.11

Competitive Comparison of Salem Media Group's Cyclically Adjusted Revenue per Share

For the Broadcasting subindustry, Salem Media 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.


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

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

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



Salem Media Group Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Salem Media Group's adjusted Revenue per Share data for the three months ended in Sep. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=2.186/129.8595*129.8595
=2.186

Current CPI (Sep. 2023) = 129.8595.

Salem Media Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 1.812 98.326 2.393
201403 1.742 99.695 2.269
201406 1.947 100.560 2.514
201409 2.056 100.428 2.659
201412 2.039 99.070 2.673
201503 2.205 99.621 2.874
201506 2.321 100.684 2.994
201509 2.321 100.392 3.002
201512 2.452 99.792 3.191
201603 2.247 100.470 2.904
201606 2.315 101.688 2.956
201609 2.425 101.861 3.092
201612 2.568 101.863 3.274
201703 2.311 102.862 2.918
201706 2.213 103.349 2.781
201709 2.100 104.136 2.619
201712 2.153 104.011 2.688
201803 1.967 105.290 2.426
201806 2.167 106.317 2.647
201809 2.134 106.507 2.602
201812 2.255 105.998 2.763
201903 2.043 107.251 2.474
201906 2.158 108.070 2.593
201909 2.187 108.329 2.622
201912 2.180 108.420 2.611
202003 1.976 108.902 2.356
202006 1.760 108.767 2.101
202009 1.853 109.815 2.191
202012 1.986 109.897 2.347
202103 1.837 111.754 2.135
202106 1.944 114.631 2.202
202109 2.056 115.734 2.307
202112 2.222 117.630 2.453
202203 2.059 121.301 2.204
202206 2.357 125.017 2.448
202209 2.481 125.227 2.573
202212 2.387 125.222 2.475
202303 2.179 127.348 2.222
202306 2.231 128.729 2.251
202309 2.186 129.860 2.186

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Salem Media Group  (FRA:YSLA) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Salem Media Group's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.23/11.11
=0.02

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Salem Media Group was 1.06. The lowest was 0.03. And the median was 0.33.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Salem Media Group Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Salem Media Group's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Salem Media Group (FRA:YSLA) Business Description

Traded in Other Exchanges
Address
6400 North Belt Line Road, Irving, TX, USA, 75063
Salem Media Group Inc is a domestic multimedia company with integrated operations including radio broadcasting, digital media, and publishing. The company has three operating segments, Broadcast, Digital Media, and Publishing. Digital media-based businesses provide Christian, conservative, investing and health-themed content, e-commerce, audio and video streaming, and other resources digitally through the web.

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