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Intercede Group (LSE:IGP) Cyclically Adjusted PS Ratio : 5.09 (As of Jun. 06, 2024)


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What is Intercede Group Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Intercede Group's current share price is £1.17. Intercede Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 was £0.23. Intercede Group's Cyclically Adjusted PS Ratio for today is 5.09.

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

LSE:IGP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.96   Med: 3.94   Max: 19.13
Current: 4.79

During the past 13 years, Intercede Group's highest Cyclically Adjusted PS Ratio was 19.13. The lowest was 0.96. And the median was 3.94.

LSE:IGP's Cyclically Adjusted PS Ratio is ranked worse than
76.29% of 1459 companies
in the Software industry
Industry Median: 1.83 vs LSE:IGP: 4.79

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.

Intercede Group's adjusted revenue per share data of for the fiscal year that ended in Mar23 was £0.200. 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 £0.23 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Intercede Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Intercede Group'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.

Intercede Group Cyclically Adjusted PS Ratio Chart

Intercede Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 2.46 4.70 2.95 2.75

Intercede Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 2.95 - 2.75 -

Competitive Comparison of Intercede Group's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, Intercede 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.


Intercede Group's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



Intercede Group 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.

Intercede Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.17/0.23
=5.09

* 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.

Intercede Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Intercede Group's adjusted Revenue per Share data for the fiscal year that ended in Mar23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=0.2/126.8000*126.8000
=0.200

Current CPI (Mar23) = 126.8000.

Intercede Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.195 99.300 0.249
201503 0.182 99.600 0.232
201603 0.227 100.400 0.287
201703 0.170 102.700 0.210
201803 0.183 105.100 0.221
201903 0.195 107.000 0.231
202003 0.195 108.600 0.228
202103 0.203 109.700 0.235
202203 0.167 116.500 0.182
202303 0.200 126.800 0.200

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.


Intercede Group  (LSE:IGP) 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.


Intercede Group Cyclically Adjusted PS Ratio Related Terms

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


Intercede Group (LSE:IGP) Business Description

Industry
Traded in Other Exchanges
Address
St. Mary's Road, Lutterworth Hall, Lutterworth, Leicestershire, GBR, LE17 4PS
Intercede Group PLC is an independent developer and supplier of identity and credential management software. Its product portfolio includes MyID, an identity, and credential management system, RapID is the password killer for killer apps, and MyTAM enables Android app developers and service providers to deploy trusted applications to the trusted execution environment in a simple and cost-effective manner. The company serves a diverse range of markets including governments, enterprises, app developers, and service providers. It has operational footprints across the United Kingdom, Rest of Europe, North America, and Rest of World. The Majority of its revenue is derived from North America.

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