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ITS Group (XPAR:ITS) Cyclically Adjusted PS Ratio : (As of Jun. 10, 2024)


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What is ITS Group Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


ITS Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for ITS 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.

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ITS Group Cyclically Adjusted PS Ratio Chart

ITS Group Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted PS Ratio
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ITS Group Semi-Annual Data
Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19
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Competitive Comparison of ITS Group's Cyclically Adjusted PS Ratio

For the Information Technology Services subindustry, ITS 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.


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

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

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



ITS 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.

ITS Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec18 is calculated as:

For example, ITS Group's adjusted Revenue per Share data for the fiscal year that ended in Dec18 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec18 (Change)*Current CPI (Dec18)
=17.083/103.4700*103.4700
=17.083

Current CPI (Dec18) = 103.4700.

ITS Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
200912 7.270 93.800 8.019
201012 10.744 95.450 11.647
201112 11.675 97.800 12.352
201212 11.783 99.100 12.303
201312 14.690 99.800 15.230
201412 23.573 99.860 24.425
201512 24.482 100.040 25.321
201612 24.055 100.650 24.729
201712 16.399 101.850 16.660
201812 17.083 103.470 17.083

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.


ITS Group  (XPAR:ITS) 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.


ITS Group Cyclically Adjusted PS Ratio Related Terms

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ITS Group (XPAR:ITS) Business Description

Industry
Traded in Other Exchanges
N/A
Address
42 Rue de Bellevue, Boulogne-Billancourt, FRA, 92100
ITS Group SA is a information technology company. ITS offers a complete offering through its know-how around IT Strategy and Consulting, IT solutions, Engineering and technical expertise, and Managed Services. It is based on a dynamic partnership policy with the major publishers of the market. The company has marked its presence in France; Belgium and Switzerland.

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