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Cboe Global Markets (Cboe Global Markets) Cyclically Adjusted PS Ratio : 6.82 (As of Apr. 27, 2024)


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What is Cboe Global Markets Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Cboe Global Markets's current share price is $178.40. Cboe Global Markets's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $26.16. Cboe Global Markets's Cyclically Adjusted PS Ratio for today is 6.82.

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

CBOE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.23   Med: 6.91   Max: 11.51
Current: 6.94

During the past years, Cboe Global Markets's highest Cyclically Adjusted PS Ratio was 11.51. The lowest was 5.23. And the median was 6.91.

CBOE's Cyclically Adjusted PS Ratio is ranked worse than
72.74% of 576 companies
in the Capital Markets industry
Industry Median: 2.99 vs CBOE: 6.94

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.

Cboe Global Markets's adjusted revenue per share data for the three months ended in Dec. 2023 was $9.121. 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 $26.16 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cboe Global Markets Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Cboe Global Markets'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.

Cboe Global Markets Cyclically Adjusted PS Ratio Chart

Cboe Global Markets 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 9.96 6.28 7.05 5.53 6.83

Cboe Global Markets 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 5.53 5.64 5.59 6.11 6.83

Competitive Comparison of Cboe Global Markets's Cyclically Adjusted PS Ratio

For the Financial Data & Stock Exchanges subindustry, Cboe Global Markets'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.


Cboe Global Markets's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Cboe Global Markets's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Cboe Global Markets 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.

Cboe Global Markets's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=178.40/26.16
=6.82

* 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.

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

For example, Cboe Global Markets'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)
=9.121/129.4194*129.4194
=9.121

Current CPI (Dec. 2023) = 129.4194.

Cboe Global Markets Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.826 99.695 2.370
201406 1.677 100.560 2.158
201409 1.751 100.428 2.256
201412 1.975 99.070 2.580
201503 1.701 99.621 2.210
201506 1.786 100.684 2.296
201509 2.260 100.392 2.913
201512 2.247 99.792 2.914
201603 2.084 100.470 2.684
201606 2.129 101.688 2.710
201609 2.075 101.861 2.636
201612 2.353 101.863 2.990
201703 3.872 102.862 4.872
201706 5.696 103.349 7.133
201709 5.430 104.136 6.748
201712 5.512 104.011 6.858
201803 6.901 105.290 8.483
201806 5.944 106.317 7.236
201809 5.151 106.507 6.259
201812 6.700 105.998 8.180
201903 5.395 107.251 6.510
201906 5.561 108.070 6.660
201909 6.036 108.329 7.211
201912 5.383 108.420 6.426
202003 8.332 108.902 9.902
202006 7.926 108.767 9.431
202009 7.286 109.815 8.587
202012 7.824 109.897 9.214
202103 9.412 111.754 10.900
202106 7.491 114.631 8.457
202109 7.634 115.734 8.537
202112 8.082 117.630 8.892
202203 9.125 121.301 9.736
202206 9.274 125.017 9.601
202209 9.337 125.227 9.650
202212 9.390 125.222 9.705
202303 9.305 127.348 9.456
202306 8.556 128.729 8.602
202309 8.566 129.860 8.537
202312 9.121 129.419 9.121

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.


Cboe Global Markets  (BATS:CBOE) 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.


Cboe Global Markets Cyclically Adjusted PS Ratio Related Terms

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


Cboe Global Markets (Cboe Global Markets) Business Description

Traded in Other Exchanges
Address
433 West Van Buren Street, Chicago, IL, USA, 60607
Cboe Global Markets, Inc is a provider of market infrastructure and tradable products, delivers cutting-edge trading, clearing and investment solutions to market participants around the world. The Company is committed to operating a trusted, inclusive global marketplace, and to providing leading products, technology and data solutions that enable participants to define a sustainable financial future. Cboe provides trading solutions and products in multiple asset classes, including equities, derivatives, FX, and digital assets, across North America, Europe, and Asia Pacific.
Executives
Christopher A Isaacson officer: EVP, CIO 433 WEST VAN BUREN STREET, CHICAGO IL 60607
Catherine R Clay officer: EVP, Data and Access Solutions 433 WEST VAN BUREN STREET, CHICAGO IL 60607
Stephanie Foley officer: EVP, CHRO 433 W. VAN BUREN ST., CHICAGO IL 60607
Adam Inzirillo officer: EVP, DATA AND ACCESS SOLUTIONS 433 W. VAN BUREN ST., CHICAGO IL 60607
Dave Howson officer: President, Europe 433 WEST VAN BUREN STREET, CHICAGO IL 60607
Jill R Goodman director 433 WEST VAN BUREN STREET, CHICAGO IL 60607
Edward T Tilly officer: Executive Vice Chairman 433 W. VAN BUREN STREET, CHICAGO IL 60607
John P Sexton officer: EVP, GC and Corp Sec 433 W. VAN BUREN STREET, CHICAGO IL 60607
Joseph P Ratterman director C/O LABONE, INC., 10101 RENNER BOULEVARD, LENEXA KS 66219
Brian N Schell officer: Executive VP, CFO & Treasurer 433 WEST VAN BUREN STREET, CHICAGO IL 60607
Jill Griebenow officer: SVP, CAO 433 WEST VAN BUREN STREET, CHICAGO IL 60607
Ivan K Fong director 3M CENTER, ST. PAUL MN 55144-1000
Janet P Froetscher director CBOE GLOBAL MARKETS, 433 W. VAN BUREN ST., CHICAGO IL 60607
Michael L Richter director 8050 MARSHALL DRIVE, SUITE 120, LENEXA KS 66214
Eric S Crampton officer: Executive VP, CTO 400 SOUTH LASALLE STREET, CHICAGO IL 60605