GURUFOCUS.COM » STOCK LIST » Technology » Software » ChannelAdvisor Corp (NYSE:ECOM) » Definitions » Cyclically Adjusted PS Ratio

ChannelAdvisor (ChannelAdvisor) Cyclically Adjusted PS Ratio : 4.31 (As of May. 28, 2024)


View and export this data going back to 2013. Start your Free Trial

What is ChannelAdvisor Cyclically Adjusted PS Ratio?

As of today (2024-05-28), ChannelAdvisor's current share price is $23.09. ChannelAdvisor's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2022 was $5.36. ChannelAdvisor's Cyclically Adjusted PS Ratio for today is 4.31.

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

ECOM's Cyclically Adjusted PS Ratio is not ranked *
in the Software industry.
Industry Median: 1.84
* Ranked among companies with meaningful Cyclically Adjusted PS Ratio only.

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.

ChannelAdvisor's adjusted revenue per share data for the three months ended in Sep. 2022 was $1.452. 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 $5.36 for the trailing ten years ended in Sep. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


ChannelAdvisor Cyclically Adjusted PS Ratio Historical Data

The historical data trend for ChannelAdvisor'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.

ChannelAdvisor Cyclically Adjusted PS Ratio Chart

ChannelAdvisor Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 4.99

ChannelAdvisor Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 5.20 4.99 3.23 2.74 4.23

Competitive Comparison of ChannelAdvisor's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, ChannelAdvisor'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.


ChannelAdvisor's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, ChannelAdvisor's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



ChannelAdvisor 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.

ChannelAdvisor's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=23.09/5.36
=4.31

* 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.

ChannelAdvisor's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2022 is calculated as:

For example, ChannelAdvisor's adjusted Revenue per Share data for the three months ended in Sep. 2022 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2022 (Change)*Current CPI (Sep. 2022)
=1.452/125.2265*125.2265
=1.452

Current CPI (Sep. 2022) = 125.2265.

ChannelAdvisor Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201212 1.089 96.871 1.408
201303 0.729 98.209 0.930
201306 1.806 98.518 2.296
201309 0.770 98.790 0.976
201312 0.866 98.326 1.103
201403 0.800 99.695 1.005
201406 0.844 100.560 1.051
201409 0.846 100.428 1.055
201412 0.957 99.070 1.210
201503 0.906 99.621 1.139
201506 0.967 100.684 1.203
201509 0.971 100.392 1.211
201512 1.168 99.792 1.466
201603 1.042 100.470 1.299
201606 1.062 101.688 1.308
201609 1.088 101.861 1.338
201612 1.227 101.863 1.508
201703 1.087 102.862 1.323
201706 1.137 103.349 1.378
201709 1.138 104.136 1.368
201712 1.283 104.011 1.545
201803 1.176 105.290 1.399
201806 1.202 106.317 1.416
201809 1.184 106.507 1.392
201812 1.273 105.998 1.504
201903 1.148 107.251 1.340
201906 1.143 108.070 1.324
201909 1.102 108.329 1.274
201912 1.094 108.420 1.264
202003 1.103 108.902 1.268
202006 1.261 108.767 1.452
202009 1.159 109.815 1.322
202012 1.313 109.897 1.496
202103 1.258 111.754 1.410
202106 1.323 114.631 1.445
202109 1.321 115.734 1.429
202112 1.414 117.630 1.505
202203 1.336 121.301 1.379
202206 1.385 125.017 1.387
202209 1.452 125.227 1.452

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.


ChannelAdvisor  (NYSE:ECOM) 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.


ChannelAdvisor Cyclically Adjusted PS Ratio Related Terms

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


ChannelAdvisor (ChannelAdvisor) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3025 Carrington Mill Boulevard, Suite 500, Morrisville, NC, USA, 27560
ChannelAdvisor Corp is a provider of Software-as-a-Service solutions for retailers and manufacturers. Its solutions enable clients to integrate and manage its merchandise sales across multiple online channels and are offered on the firm's cloud-based platform. These solutions include inventory availability, pricing optimization, and data analytics capabilities. The company derives revenue from subscription fees to its Software-as-a-Service platform, which is typically sold on an annual basis. A majority of the firm's revenue is generated in the United States, but it has a presence in countries across the world.
Executives
M Scot Wingo director, officer: Chief Executive Officer 3000 AERIAL CTR, STE 110, MORRISVILLE NC 27560
Timothy V Williams director 3100 MAIN STREET, STE 900, HOUSTON TX 77002
Himanshu Palsule director C/O CHANNELADVISOR, INC., 3025 CARRINGTON MILL BOULEVARD, MORRISVILLE NC 27560
Janet Raye Cowell director C/O COOLEY LLP, 11951 FREEDOM DRIVE, SUITE 1600, RESTON VA 20190
Linda M. Crawford director 3365 CLAY STREET, SAN FRANCISCO CA 94118
Joseph L Cowan director 9715 KEY WEST AVENUE, ROCKVILLE MD 20850
Marshall Heinberg director 1 CORPORATE AVENUE, ROWVILLE C3 3178
Elizabeth Segovia officer: Chief Operating Officer C/O CHANNELADVISOR CORPORATION, 3025 CARRINGTON MILL BOULEVARD, STE 500, MORRISVILLE VA 27560
Timothy Buckley director C/O RED HAT, INC, 1801 VARSITY DRIVE, RALEIGH NC 27606
David J Spitz officer: President and COO C/O CHANNELADVISOR CORPORATION, 2701 AERIAL CENTER PARKWAY, MORRISVILLE NC 27568
Marc Huffman director C/O NETSUITE INC., 2955 CAMPUS DRIVE, SUITE 100, SAN MATEO CA 94403
Richard Cornetta officer: Chief Accounting Officer C/O CHANNELADVISOR CORPORATION, 3025 CARRINGTON MILL BOULEVARD, MORRISVILLE NC 27560
Mark Cook officer: Chief Financial Officer C/O CHANNELADVISOR CORPORATION, 3025 CARRINGTON MILL BOULEVARD, RALEIGH NC 27601
Patrick J Kerins director, 10 percent owner
Diana Semel Allen officer: VP and General Counsel C/O CHANNELADVISOR CORPORATION, 2701 AERIAL CENTER PARKWAY, MORRISVILLE NC 27560