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Leidos Holdings (STU:S6IA) Cyclically Adjusted PS Ratio : 1.48 (As of Jun. 05, 2024)


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What is Leidos Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-05), Leidos Holdings's current share price is €132.30. Leidos Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €89.58. Leidos Holdings's Cyclically Adjusted PS Ratio for today is 1.48.

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

STU:S6IA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.89   Max: 1.55
Current: 1.5

During the past years, Leidos Holdings's highest Cyclically Adjusted PS Ratio was 1.55. The lowest was 0.37. And the median was 0.89.

STU:S6IA's Cyclically Adjusted PS Ratio is ranked better than
55.53% of 1455 companies
in the Software industry
Industry Median: 1.82 vs STU:S6IA: 1.50

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.

Leidos Holdings's adjusted revenue per share data for the three months ended in Mar. 2024 was €26.693. 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 €89.58 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Leidos Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Leidos Holdings'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.

Leidos Holdings Cyclically Adjusted PS Ratio Chart

Leidos Holdings Annual Data
Trend Jan14 Jan15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.12 1.25 1.05 1.16 1.14

Leidos Holdings 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 1.00 0.95 0.97 1.14 1.35

Competitive Comparison of Leidos Holdings's Cyclically Adjusted PS Ratio

For the Information Technology Services subindustry, Leidos Holdings'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.


Leidos Holdings's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



Leidos Holdings 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.

Leidos Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=132.30/89.58
=1.48

* 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.

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

For example, Leidos Holdings'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)
=26.693/131.7762*131.7762
=26.693

Current CPI (Mar. 2024) = 131.7762.

Leidos Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201401 11.845 98.692 15.816
201404 12.178 100.023 16.044
201407 13.042 100.520 17.097
201410 13.605 100.176 17.897
201501 14.176 98.604 18.945
201506 15.135 100.684 19.809
201509 15.892 100.392 20.860
201603 15.921 100.470 20.882
201606 15.491 101.688 20.075
201609 14.600 101.861 18.888
201612 15.749 101.863 20.374
201703 15.767 102.862 20.199
201706 14.955 103.349 19.069
201709 13.636 104.136 17.255
201712 13.542 104.011 17.157
201803 12.865 105.290 16.101
201806 14.057 106.317 17.423
201809 14.423 106.507 17.845
201812 15.511 105.998 19.283
201903 15.515 107.251 19.063
201906 16.536 108.070 20.163
201909 17.753 108.329 21.595
201912 18.723 108.420 22.756
202003 18.157 108.902 21.971
202006 17.970 108.767 21.771
202009 19.114 109.815 22.937
202012 18.564 109.897 22.260
202103 19.338 111.754 22.803
202106 20.013 114.631 23.006
202109 20.703 115.734 23.573
202112 21.605 117.630 24.203
202203 22.661 121.301 24.618
202206 24.658 125.017 25.991
202209 26.406 125.227 27.787
202212 25.290 125.222 26.614
202303 25.035 127.348 25.906
202306 25.670 128.729 26.278
202309 26.817 129.860 27.213
202312 25.884 129.419 26.355
202403 26.693 131.776 26.693

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.


Leidos Holdings  (STU:S6IA) 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.


Leidos Holdings Cyclically Adjusted PS Ratio Related Terms

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


Leidos Holdings (STU:S6IA) Business Description

Industry
Traded in Other Exchanges
Address
1750 Presidents Street, Reston, VA, USA, 20190
Leidos Holdings Inc is a technology, engineering, and science company that provides services and solutions in the defense, intelligence, civil and health markets, both domestically and internationally. Company customer includes the U.S. Department of Defense ("DoD"), the U.S. Intelligence Community, the U.S. Department of Homeland Security ("DHS"), the Federal Aviation Administration ("FAA"), the Department of Veterans Affairs ("VA"), and many other U.S. civilian, state and local government agencies, etc. The company is engaged in three reportable segments; Defense Solutions, Civil, and Health. Defense Solutions provides leading-edge and technologically advanced services, solutions, and products to a broad customer base. It generates key revenue from Defense Solutions.

Leidos Holdings (STU:S6IA) Headlines

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