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Extreme Networks (Extreme Networks) Cyclically Adjusted PS Ratio : 1.27 (As of Apr. 30, 2024)


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What is Extreme Networks Cyclically Adjusted PS Ratio?

As of today (2024-04-30), Extreme Networks's current share price is $11.20. Extreme Networks's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $8.79. Extreme Networks's Cyclically Adjusted PS Ratio for today is 1.27.

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

EXTR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.39   Med: 1.32   Max: 3.77
Current: 1.31

During the past years, Extreme Networks's highest Cyclically Adjusted PS Ratio was 3.77. The lowest was 0.39. And the median was 1.32.

EXTR's Cyclically Adjusted PS Ratio is ranked worse than
57.86% of 1896 companies
in the Hardware industry
Industry Median: 1.02 vs EXTR: 1.31

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.

Extreme Networks's adjusted revenue per share data for the three months ended in Dec. 2023 was $2.254. 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 $8.79 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Extreme Networks Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Extreme Networks'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.

Extreme Networks Cyclically Adjusted PS Ratio Chart

Extreme Networks Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.15 0.72 1.66 1.15 3.04

Extreme Networks Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.28 2.30 3.04 2.75 2.01

Competitive Comparison of Extreme Networks's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, Extreme Networks'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.


Extreme Networks's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Extreme Networks 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.

Extreme Networks's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.20/8.79
=1.27

* 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.

Extreme Networks's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Extreme Networks'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)
=2.254/129.4194*129.4194
=2.254

Current CPI (Dec. 2023) = 129.4194.

Extreme Networks Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.476 99.695 1.916
201406 1.606 100.560 2.067
201409 1.400 100.428 1.804
201412 1.492 99.070 1.949
201503 1.199 99.621 1.558
201506 1.495 100.684 1.922
201509 1.234 100.392 1.591
201512 1.361 99.792 1.765
201603 1.200 100.470 1.546
201606 1.250 101.688 1.591
201609 1.157 101.861 1.470
201612 1.456 101.863 1.850
201703 1.366 102.862 1.719
201706 1.619 103.349 2.027
201709 1.788 104.136 2.222
201712 2.034 104.011 2.531
201803 2.277 105.290 2.799
201806 2.400 106.317 2.922
201809 2.044 106.507 2.484
201812 2.114 105.998 2.581
201903 2.127 107.251 2.567
201906 2.121 108.070 2.540
201909 2.125 108.329 2.539
201912 2.237 108.420 2.670
202003 1.758 108.902 2.089
202006 1.791 108.767 2.131
202009 1.937 109.815 2.283
202012 1.964 109.897 2.313
202103 1.949 111.754 2.257
202106 1.973 114.631 2.228
202109 2.009 115.734 2.247
202112 2.102 117.630 2.313
202203 2.140 121.301 2.283
202206 2.097 125.017 2.171
202209 2.239 125.227 2.314
202212 2.368 125.222 2.447
202303 2.500 127.348 2.541
202306 2.727 128.729 2.742
202309 2.646 129.860 2.637
202312 2.254 129.419 2.254

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.


Extreme Networks  (NAS:EXTR) 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.


Extreme Networks Cyclically Adjusted PS Ratio Related Terms

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


Extreme Networks (Extreme Networks) Business Description

Industry
Traded in Other Exchanges
Address
2121 RDU Center Drive, Suite 300, Morrisville, NC, USA, 27560
Extreme Networks Inc provides software-driven networking services for enterprise customers. Its products include wired and wireless network infrastructure equipment and software for network management, policy, analytics, and access controls. It offers high-density Wi-Fi, centralized management, cloud-based network management, and application analytics capabilities. The company operates in a single segment which develops and markets network infrastructure equipment. Roughly half of the firm's revenue is generated in the Americas, with the rest coming from Europe, the Middle East, Africa, and Asia-Pacific.
Executives
Edward Meyercord director, officer: President and CEO C/O TALK AMERICA HOLDINGS INC, 12020 SUNRISE VALLEY DR, STE. 1500, RESTON VA 20191
Joseph A Vitalone officer: Chief Revenue Officer CO SHORETEL INC, 960 STEWART DRIVE, SUNNYVALE CA 94085
Raj Khanna director 145 RIO ROBLES, SAN JOSE CA 94134
Kevin R Rhodes officer: EVP Chief Financial Officer 20 HARVARD MILLS SQUARE, WAKEFIELD MA 01880
Edward H Kennedy director C/O TELLABS OPERATIONS INC, 1415 W DIEHL ROAD, NAPERVILLE IL 60563
Cristina Camahort Tate officer: Interim CFO C/O EXTREME NETWORKS, INC., 2121 RDU CENTER DRIVE SUITE 300, MORRISVILLE NC 27560
Remi Thomas officer: EVP Chief Financial Officer 6480 VIA DEL ORO, SAN JOSE CA 95119
Ingrid Burton director 1011 MCCARTHY BOULEVARD --, MILPITAS CA 95035
Kathleen M Holmgren director C/O EXTREME NETWORKS, INC, 145 RIO ROBLES, SAN JOSE CA 95134
Charles Carinalli director
John C Shoemaker director 1143 BORREGAS AVENUE, SUNNYVALE CA 94089
Robert J Gault officer: EVP Global Sales, Channel, Svc C/O EXTREME NETWORKS, INC, 145 RIO ROBLES, SAN JOSE CA 95134
Matthew Howard Cleaver officer: Interim CFO 6480 VIA DEL ORO, SAN JOSE CA 95119
Maryam Alexandrian-adams director 516 WELLS COURT, SAN RAMON CA 94582
John H Kispert director