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Mercury Systems (Mercury Systems) Cyclically Adjusted PS Ratio : 2.02 (As of Apr. 29, 2024)


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What is Mercury Systems Cyclically Adjusted PS Ratio?

As of today (2024-04-29), Mercury Systems's current share price is $29.09. Mercury Systems's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $14.43. Mercury Systems's Cyclically Adjusted PS Ratio for today is 2.02.

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

MRCY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.88   Med: 4.06   Max: 9.24
Current: 2.02

During the past years, Mercury Systems's highest Cyclically Adjusted PS Ratio was 9.24. The lowest was 0.88. And the median was 4.06.

MRCY's Cyclically Adjusted PS Ratio is ranked worse than
63.21% of 212 companies
in the Aerospace & Defense industry
Industry Median: 1.49 vs MRCY: 2.02

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.

Mercury Systems's adjusted revenue per share data for the three months ended in Dec. 2023 was $3.439. 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 $14.43 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mercury Systems Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mercury Systems'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.

Mercury Systems Cyclically Adjusted PS Ratio Chart

Mercury Systems 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 7.49 7.97 6.00 5.01 2.45

Mercury Systems 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 3.37 3.73 2.45 2.58 2.53

Competitive Comparison of Mercury Systems's Cyclically Adjusted PS Ratio

For the Aerospace & Defense subindustry, Mercury Systems'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.


Mercury Systems's Cyclically Adjusted PS Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Mercury Systems's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Mercury Systems 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.

Mercury Systems's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=29.09/14.43
=2.02

* 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.

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

For example, Mercury Systems'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)
=3.439/129.4194*129.4194
=3.439

Current CPI (Dec. 2023) = 129.4194.

Mercury Systems Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.714 99.695 2.225
201406 1.720 100.560 2.214
201409 1.664 100.428 2.144
201412 1.747 99.070 2.282
201503 1.793 99.621 2.329
201506 1.949 100.684 2.505
201509 1.738 100.392 2.241
201512 1.786 99.792 2.316
201603 1.939 100.470 2.498
201606 2.196 101.688 2.795
201609 2.199 101.861 2.794
201612 2.451 101.863 3.114
201703 2.395 102.862 3.013
201706 2.435 103.349 3.049
201709 2.234 104.136 2.776
201712 2.485 104.011 3.092
201803 2.448 105.290 3.009
201806 3.221 106.317 3.921
201809 3.020 106.507 3.670
201812 3.335 105.998 4.072
201903 3.641 107.251 4.394
201906 3.494 108.070 4.184
201909 3.219 108.329 3.846
201912 3.526 108.420 4.209
202003 3.773 108.902 4.484
202006 3.935 108.767 4.682
202009 3.716 109.815 4.379
202012 3.800 109.897 4.475
202103 4.626 111.754 5.357
202106 4.512 114.631 5.094
202109 4.063 115.734 4.543
202112 3.969 117.630 4.367
202203 4.517 121.301 4.819
202206 5.072 125.017 5.251
202209 4.069 125.227 4.205
202212 4.081 125.222 4.218
202303 4.631 127.348 4.706
202306 4.421 128.729 4.445
202309 3.169 129.860 3.158
202312 3.439 129.419 3.439

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.


Mercury Systems  (NAS:MRCY) 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.


Mercury Systems Cyclically Adjusted PS Ratio Related Terms

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


Mercury Systems (Mercury Systems) Business Description

Traded in Other Exchanges
Address
50 Minuteman Road, Andover, MA, USA, 01810
Mercury Systems Inc is a commercial technology company serving the aerospace and defense industry. The company envisions, creates and delivers secure open architecture solutions powering a broad range of mission-critical applications in the challenging and demanding environments. Inspired by its purpose of delivering Innovation that Matters, By and For People Who Matter, Mercury helps make the world a safer, more secure place for all.
Executives
Michelle M Mccarthy officer: SVP, CAO 50 MINUTEMAN ROAD, ANDOVER MA 01810
Wells Charles Roger Iv officer: EVP President Microelectronics 5255 GROVEMONT DRIVE, ELKRIDGE MD 21075
Orlando D Carvalho director 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Debora A Plunkett director 6501 LEGACY DRIVE, PLANO TX 75024
Barry R Nearhos director C/O VIRTUSA CORPORATION, 200 WEST PARK DRIVE, WESTBOROUGH MA 01581
Lisa S Disbrow director 50 MINUTEMAN ROAD, ANDOVER MA 01810
Allen Couture officer: EVP, Execution Excellence C/O MERCURY SYSTEMS, INC., 50 MINUTEMAN ROAD, ANDOVER MA 01810
James Mitch Stevison officer: EVP, President Mission Systems 103 SANSBERRY LANE, MADISON AL 35376
Steven Ratner officer: EVP, CHRO C/O MERCURY SYSTEMS, INC., 50 MINUTEMAN ROAD, ANDOVER MA 01810
Stephanie Georges officer: EVP, CCO 1300 WEST 120TH AVENUE, WESTMINSTER CO 80234
Christopher C Cambria officer: EVP, Gen Counsel & Secretary C/O GENCORP INC., P.O. BOX 537012, SACRAMENTO CA 95853-7012
Jana Partners Llc director, other: See Remarks 767 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10153
Howard L Lance director C/O SUMMIT MATERIALS, INC., 1550 WYNKOOP STREET, 3RD FLOOR, DENVER CO 80202
William L Ballhaus director, officer: President & CEO 3190 FAIRVIEW PARK DRIVE, SUITE 700, FALLS CHURCH VA 22042
Roger A Krone director

Mercury Systems (Mercury Systems) Headlines

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