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Iridium Communications (STU:6IC) Cyclically Adjusted PS Ratio : 5.65 (As of May. 27, 2024)


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What is Iridium Communications Cyclically Adjusted PS Ratio?

As of today (2024-05-27), Iridium Communications's current share price is €27.44. Iridium Communications's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €4.86. Iridium Communications's Cyclically Adjusted PS Ratio for today is 5.65.

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

STU:6IC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.18   Med: 6.03   Max: 13.24
Current: 5.67

During the past years, Iridium Communications's highest Cyclically Adjusted PS Ratio was 13.24. The lowest was 2.18. And the median was 6.03.

STU:6IC's Cyclically Adjusted PS Ratio is ranked worse than
91.36% of 301 companies
in the Telecommunication Services industry
Industry Median: 1.03 vs STU:6IC: 5.67

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.

Iridium Communications's adjusted revenue per share data for the three months ended in Mar. 2024 was €1.513. 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 €4.86 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Iridium Communications Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Iridium Communications'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.

Iridium Communications Cyclically Adjusted PS Ratio Chart

Iridium Communications 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 5.29 8.57 8.72 10.35 7.94

Iridium Communications 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 12.20 12.07 8.75 7.94 4.94

Competitive Comparison of Iridium Communications's Cyclically Adjusted PS Ratio

For the Telecom Services subindustry, Iridium Communications'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.


Iridium Communications's Cyclically Adjusted PS Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Iridium Communications's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Iridium Communications 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.

Iridium Communications's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=27.44/4.86
=5.65

* 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.

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

For example, Iridium Communications'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)
=1.513/131.7762*131.7762
=1.513

Current CPI (Mar. 2024) = 131.7762.

Iridium Communications Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.789 100.560 1.034
201409 0.686 100.428 0.900
201412 0.531 99.070 0.706
201503 0.733 99.621 0.970
201506 0.737 100.684 0.965
201509 0.770 100.392 1.011
201512 1.023 99.792 1.351
201603 0.761 100.470 0.998
201606 0.787 101.688 1.020
201609 0.813 101.861 1.052
201612 0.788 101.863 1.019
201703 0.773 102.862 0.990
201706 0.782 103.349 0.997
201709 0.769 104.136 0.973
201712 0.739 104.011 0.936
201803 0.926 105.290 1.159
201806 1.040 106.317 1.289
201809 1.050 106.507 1.299
201812 1.034 105.998 1.285
201903 1.047 107.251 1.286
201906 1.027 108.070 1.252
201909 0.998 108.329 1.214
201912 0.945 108.420 1.149
202003 0.991 108.902 1.199
202006 0.935 108.767 1.133
202009 0.961 109.815 1.153
202012 0.896 109.897 1.074
202103 0.911 111.754 1.074
202106 0.922 114.631 1.060
202109 1.037 115.734 1.181
202112 1.039 117.630 1.164
202203 1.159 121.301 1.259
202206 1.277 125.017 1.346
202209 1.440 125.227 1.515
202212 1.411 125.222 1.485
202303 1.489 127.348 1.541
202306 1.412 128.729 1.445
202309 1.479 129.860 1.501
202312 1.368 129.419 1.393
202403 1.513 131.776 1.513

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.


Iridium Communications  (STU:6IC) 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.


Iridium Communications Cyclically Adjusted PS Ratio Related Terms

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


Iridium Communications (STU:6IC) Business Description

Traded in Other Exchanges
Address
1750 Tysons Boulevard, Suite 1400, McLean, VA, USA, 22102
Iridium Communications Inc offers voice and data communications services and products to businesses, U.S. and international government agencies, and other customers on a global basis. The company is a provider of mobile voice and data communications services through a constellation of low earth-orbiting satellites. Reaching across land, sea, and air, including the polar regions, Iridium's solutions are ideally suited for industries such as maritime, aviation, government/military, emergency/humanitarian services, mining, forestry, oil and gas, heavy equipment, transportation, and utilities. Iridium also provides service to subscribers from the U.S. Department of Defense, as well as other civil and government agencies around the world.

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