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Qualys (Qualys) Cyclically Adjusted PS Ratio : 15.91 (As of May. 14, 2024)


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What is Qualys Cyclically Adjusted PS Ratio?

As of today (2024-05-14), Qualys's current share price is $149.73. Qualys's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $9.41. Qualys's Cyclically Adjusted PS Ratio for today is 15.91.

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

QLYS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 13.07   Med: 16.95   Max: 22.97
Current: 15.81

During the past years, Qualys's highest Cyclically Adjusted PS Ratio was 22.97. The lowest was 13.07. And the median was 16.95.

QLYS's Cyclically Adjusted PS Ratio is ranked worse than
95.15% of 1442 companies
in the Software industry
Industry Median: 1.855 vs QLYS: 15.81

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.

Qualys's adjusted revenue per share data for the three months ended in Mar. 2024 was $3.865. 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 $9.41 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Qualys Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Qualys'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.

Qualys Cyclically Adjusted PS Ratio Chart

Qualys Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 17.94 19.85 14.37 21.46

Qualys Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 15.88 15.12 17.14 21.46 17.73

Competitive Comparison of Qualys's Cyclically Adjusted PS Ratio

For the Software - Infrastructure subindustry, Qualys'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.


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

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

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



Qualys 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=149.73/9.41
=15.91

* 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.

Qualys's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Qualys's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=3.865/129.4194*129.4194
=3.865

Current CPI (Mar. 2024) = 129.4194.

Qualys Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.877 100.560 1.129
201409 0.926 100.428 1.193
201412 0.971 99.070 1.268
201503 0.981 99.621 1.274
201506 1.036 100.684 1.332
201509 1.119 100.392 1.443
201512 1.166 99.792 1.512
201603 1.222 100.470 1.574
201606 1.271 101.688 1.618
201609 1.317 101.861 1.673
201612 1.344 101.863 1.708
201703 1.368 102.862 1.721
201706 1.399 103.349 1.752
201709 1.476 104.136 1.834
201712 1.517 104.011 1.888
201803 1.547 105.290 1.902
201806 1.614 106.317 1.965
201809 1.698 106.507 2.063
201812 1.799 105.998 2.197
201903 1.813 107.251 2.188
201906 1.901 108.070 2.277
201909 2.008 108.329 2.399
201912 2.075 108.420 2.477
202003 2.112 108.902 2.510
202006 2.171 108.767 2.583
202009 2.283 109.815 2.691
202012 2.345 109.897 2.762
202103 2.393 111.754 2.771
202106 2.488 114.631 2.809
202109 2.627 115.734 2.938
202112 2.742 117.630 3.017
202203 2.835 121.301 3.025
202206 3.021 125.017 3.127
202209 3.201 125.227 3.308
202212 3.401 125.222 3.515
202303 3.469 127.348 3.525
202306 3.665 128.729 3.685
202309 3.792 129.860 3.779
202312 3.819 129.419 3.819
202403 3.865 129.419 3.865

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.


Qualys  (NAS:QLYS) 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.


Qualys Cyclically Adjusted PS Ratio Related Terms

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


Qualys (Qualys) Business Description

Industry
Traded in Other Exchanges
Address
919 East Hillsdale Boulevard, 4th Floor, Foster City, CA, USA, 94404
Qualys Inc. is a cloud security and compliance solutions provider that helps businesses identify and manage their security risks and compliance requirements. The California-based company has more than 10,000 customers worldwide, the majority of which are small- and medium-sized businesses. Qualys was founded in 1999 and went public in 2012.
Executives
Bruce K Posey officer: VP, GC and Corp. Sec. 919 E HILLSDALE BLVD, FOSTER CITY CA 94404
Sumedh S Thakar officer: VP, Engineering C/O QUALYS, INC., 919 E HILLSDALE BLVD, FOSTER CITY CA 94404
Joo Mi Kim officer: Chief Financial Officer C/O QUALYS, INC., 919 E. HILLSDALE BLVD., FOSTER CITY CA 94404
Wendy Pfeiffer director C/O QUALYS, INC., 919 E. HILLSDALE BOULEVARD, FOSTER CITY CA 94404
Thomas Berquist director 500 ARGUELLO STREET, SUITE 200, REDWOOD CITY CA 94063
Jeffrey P Hank director C/O INTUIT INC., PO BOX 7850, MOUNTAIN VIEW CA 94039
Allan Peters officer: Chief Revenue Officer C/O QUALYS, INC., 919 E. HILLSDALE BLVD., FOSTER CITY CA 94404
Kristi Marie Rogers director 802 MEADOWLARK, HOWELL MI 48843
Arjet Skenduli officer: Chief Accounting Officer 919 E. HILLSDALE BLVD., FOSTER CITY CA 94404
William Berutti director 140 KENDRICK STREET, NEEDHAM MA 02494
Philippe Courtot Family Trust 10 percent owner C/O QUALYS, INC., 919 E. HILLSDALE BLVD., FOSTER CITY CA 94404
Saikat Paul officer: Chief Accounting Officer 919 E. HILLSDALE BLVD., FOSTER CITY CA 94404
Sandra K Bergeron director C/O NETEGRITY INC, 201 JONES RD, WALTHAM MA 02451
Philippe F Courtot director, 10 percent owner, officer: Chairman, President & CEO 1600 BRIDGE PARKWAY, REDWOOD CITY CA 94065
Peter Pace director C/O AAR CORP., 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191