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Sinclair (Sinclair) Cyclically Adjusted Revenue per Share : $50.24 (As of Dec. 2023)


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What is Sinclair 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.

Sinclair's adjusted revenue per share for the three months ended in Dec. 2023 was $13.010. 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 $50.24 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Sinclair's average Cyclically Adjusted Revenue Growth Rate was 9.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 18.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 22.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 18.40% 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 Sinclair was 27.00% per year. The lowest was -16.80% per year. And the median was 8.55% per year.

As of today (2024-04-28), Sinclair's current stock price is $12.12. Sinclair's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $50.24. Sinclair's Cyclically Adjusted PS Ratio of today is 0.24.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Sinclair was 3.58. The lowest was 0.20. And the median was 1.84.


Sinclair Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Sinclair'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.

Sinclair Cyclically Adjusted Revenue per Share Chart

Sinclair Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.26 30.00 39.30 45.76 50.24

Sinclair Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 45.76 47.20 48.47 49.67 50.24

Competitive Comparison of Sinclair's Cyclically Adjusted Revenue per Share

For the Entertainment subindustry, Sinclair'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.


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

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

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



Sinclair 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, Sinclair's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=13.01/129.4194*129.4194
=13.010

Current CPI (Dec. 2023) = 129.4194.

Sinclair Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 4.147 99.695 5.383
201406 4.651 100.560 5.986
201409 5.056 100.428 6.516
201412 6.392 99.070 8.350
201503 5.271 99.621 6.848
201506 5.770 100.684 7.417
201509 5.731 100.392 7.388
201512 6.413 99.792 8.317
201603 6.054 100.470 7.798
201606 6.948 101.688 8.843
201609 7.322 101.861 9.303
201612 7.481 101.863 9.505
201703 6.691 102.862 8.418
201706 6.292 103.349 7.879
201709 6.254 104.136 7.772
201712 6.940 104.011 8.635
201803 6.465 105.290 7.947
201806 7.090 106.317 8.631
201809 7.452 106.507 9.055
201812 9.096 105.998 11.106
201903 7.745 107.251 9.346
201906 8.276 108.070 9.911
201909 12.217 108.329 14.595
201912 17.455 108.420 20.836
202003 17.638 108.902 20.961
202006 15.891 108.767 18.908
202009 20.572 109.815 24.245
202012 20.452 109.897 24.085
202103 20.312 111.754 23.523
202106 21.399 114.631 24.160
202109 20.327 115.734 22.731
202112 19.681 117.630 21.654
202203 17.845 121.301 19.039
202206 11.806 125.017 12.222
202209 12.059 125.227 12.463
202212 13.779 125.222 14.241
202303 11.064 127.348 11.244
202306 11.998 128.729 12.062
202309 12.112 129.860 12.071
202312 13.010 129.419 13.010

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


Sinclair  (NAS:SBGI) 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.

Sinclair's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=12.12/50.24
=0.24

* 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 Sinclair was 3.58. The lowest was 0.20. And the median was 1.84.


Be Aware

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


Sinclair Cyclically Adjusted Revenue per Share Related Terms

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


Sinclair (Sinclair) Business Description

Industry
Traded in Other Exchanges
N/A
Address
10706 Beaver Dam Road, Hunt Valley, MD, USA, 21030
Sinclair Broadcast Group is the second-largest television station operator in the U.S., with 185 stations in 86 markets. Of the firm's roughly 600 channels, 150 are affiliated with the four national broadcasters—Fox, ABC, CBS, and NBC—with over 80 other channels on networks aligned with The CW (Nexstar) and MyNetworkTV (Fox). The firm also owns the Tennis Channel and four multicast networks. Via the 2019 purchase of the Fox regional sports networks from Disney, Sinclair is now the largest owner of Diamond Sports, which operates regional sports networks. Diamond Sports sought bankruptcy protection in early 2023.
Executives
David B Gibber officer: SVP & General Counsel 10706 BEAVER DAM ROAD, HUNT VALLEY MD 21030
Howard E Friedman director 6201 GREEN MEADOW WAY, BALTIMORE MD 21209
Jeffrey Edward Lewis officer: Chief Compliance Officer 10706 BEAVER DAM ROAD, HUNT VALLEY MD 21030
Benjamin Sr Carson director PO BOX 3599, BATTLE CREEK MI 49016-3599
Lawrence E Mccanna director 36 S CHARLES ST, STE 1800, BALTIMORE MD 21201
Frederick G Smith director, 10 percent owner, officer: Vice President 10706 BEAVER DAM RD, COCKEYSVILLE MD 21030
J Duncan Smith director, 10 percent owner, officer: Secretary 10706 BEAVER DAM RD, COCKEYSVILLE MD 21030
Laurie R Beyer director 6331 FALCONWOOD STREET, MIDDLE RIVER MD 21220
David D Smith director, 10 percent owner, officer: President C/O SINCLAIR BROADCAST GROUP, 2000 WEST 41ST ST, BALTIMORE MD 21211-1420
Justin Leroy Bray officer: VP & Treasurer 10706 BEAVER DAM ROAD, HUNT VALLEY MD 21030
David R Bochenek officer: Controller and CAO 10706 BEAVER DAM ROAD, COCKEYSVILLE MD 21030
Barry Faber officer: Vice President-General Counsel 10706 BEAVER DAM ROAD, COCKEYSVILLE MD 21203
Lucy Rutishauser officer: Treasurer and VP Corp. Finance 10706 BEAVER DAM RD, COCKEYSVILLE MD 21203
Daniel C Keith director 102 W PENNSYLVANIA AVE, STE 501, TOWSON MD 21204
Benson E Legg director 393 SILVER MOSS DRIVE, VERO BEACH FL 32963