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Model N (Model N) Cyclically Adjusted PS Ratio : 5.25 (As of Apr. 28, 2024)


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What is Model N Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Model N's current share price is $29.64. Model N's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $5.65. Model N's Cyclically Adjusted PS Ratio for today is 5.25.

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

MODN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.81   Med: 5.62   Max: 8.37
Current: 5.25

During the past years, Model N's highest Cyclically Adjusted PS Ratio was 8.37. The lowest was 3.81. And the median was 5.62.

MODN's Cyclically Adjusted PS Ratio is ranked worse than
78.05% of 1412 companies
in the Software industry
Industry Median: 1.87 vs MODN: 5.25

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.

Model N's adjusted revenue per share data for the three months ended in Dec. 2023 was $1.632. 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 $5.65 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Model N Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Model N'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.

Model N Cyclically Adjusted PS Ratio Chart

Model N Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 6.45 6.21 4.34

Model N 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 7.32 6.10 6.35 4.34 4.77

Competitive Comparison of Model N's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, Model N'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.


Model N's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



Model N 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.

Model N's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=29.64/5.65
=5.25

* 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.

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

For example, Model N'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)
=1.632/129.4194*129.4194
=1.632

Current CPI (Dec. 2023) = 129.4194.

Model N Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.846 99.695 1.098
201406 0.777 100.560 1.000
201409 0.813 100.428 1.048
201412 0.873 99.070 1.140
201503 0.876 99.621 1.138
201506 0.897 100.684 1.153
201509 0.956 100.392 1.232
201512 0.913 99.792 1.184
201603 0.957 100.470 1.233
201606 1.012 101.688 1.288
201609 1.022 101.861 1.299
201612 1.002 101.863 1.273
201703 1.169 102.862 1.471
201706 1.183 103.349 1.481
201709 1.219 104.136 1.515
201712 1.329 104.011 1.654
201803 1.309 105.290 1.609
201806 1.288 106.317 1.568
201809 1.171 106.507 1.423
201812 1.114 105.998 1.360
201903 1.089 107.251 1.314
201906 1.065 108.070 1.275
201909 1.114 108.329 1.331
201912 1.158 108.420 1.382
202003 1.182 108.902 1.405
202006 1.199 108.767 1.427
202009 1.195 109.815 1.408
202012 1.223 109.897 1.440
202103 1.365 111.754 1.581
202106 1.430 114.631 1.614
202109 1.433 115.734 1.602
202112 1.423 117.630 1.566
202203 1.455 121.301 1.552
202206 1.521 125.017 1.575
202209 1.564 125.227 1.616
202212 1.576 125.222 1.629
202303 1.651 127.348 1.678
202306 1.651 128.729 1.660
202309 1.657 129.860 1.651
202312 1.632 129.419 1.632

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.


Model N  (NYSE:MODN) 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.


Model N Cyclically Adjusted PS Ratio Related Terms

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


Model N (Model N) Business Description

Industry
Traded in Other Exchanges
Address
777 Mariners Island Boulevard, Suite 300, San Mateo, CA, USA, 94404
Model N Inc is a provider of cloud revenue management solutions for life science and technology companies. The products of the company involve Revenue Cloud for Life Sciences for helps life science companies improve revenue and operational efficiency while adhering to government regulations as it creates and executes contracts with its customers; and Revenue Cloud for High Tech that enables customers to modernize their sales processes by adopting a strategic approach to manage the revenue lifecycle by planned revenue. It has one operating segment with one business activity - developing and monetizing revenue management solutions. A majority of the firm's revenue is generated in the United States, but it has a presence in countries across the world.
Executives
Mark, Albert Anderson, officer: SVP, Global Services C/O MODEL N, INC.,1600 SEAPORT BOULEVARD, SUITE 400, PACIFIC SHORES CENTER - BLD.6, REDWOOD CITY CA 94063
Manisha Shetty Gulati director C/O MODEL N, INC., 777 MARINERS ISLAND BLVD, SUITE 300, SAN MATEO CA 94404
Kimberly Decarlis director 3400 BRIDGE PARKWAY, SUITE 200, REDWOOD SHORES CA 94065
Rehmann Rayani officer: Chief Strategy & Mktg Officer C/O MODEL N, INC., 777 MARINERS ISLAND BLVD, SUITE 300, SAN MATEO CA 94404
Christopher Lyon officer: SVP & Chief Revenue Officer C/O MODEL N, INC., 777 MARINERS ISLAND BLVD, SUITE 300, SAN MATEO CA 94404
Laura Selig officer: SVP, Chief People Officer C/O MODEL N, INC., 777 MARINERS ISLAND BLVD, SUITE 300, SAN MATEO CA 94404
Jason Blessing director, officer: Chief Executive Officer C/O MODEL N, INC., 777 MARINERS ISLAND BLVD., SUITE 300, SAN MATEO CA 94404
Suresh Kannan officer: SVP & Chief Product Officer C/O MODEL N, INC., 777 MARINERS ISLAND BLVD, SUITE 300, SAN MATEO CA 94404
John Ederer officer: SVP, Chief Financial Officer C/O MODEL N, INC., 777 MARINERS ISLAND BLVD., SUITE 300, SAN MATEO CA 94404
Dave Yarnold director C/O MODEL N, INC., 777 MARINERS ISLAND BLVD, SUITE 300, SAN MATEO CA 94404
Timothy M Adams director 311 ARSENAL STREET, WATERTOWN MA 02472
Alan S. Henricks director MODEL N, INC., 777 MARINERS ISLAND BLVD., SUITE 300, SAN MATEO CA 94404
Dave Michaud officer: SVP & Chief Marketing Officer C/O MODEL N, INC., 777 MARINERS ISLAND BLVD, SUITE 300, SAN MATEO CA 94404
Cathy A Lewis officer: Chief Accounting Officer C/O MODEL N, INC., 777 MARINERS ISLAND BLVD, SUITE 300, SAN MATEO CA 94404
David Barter officer: SVP, Chief Financial Officer C/O MODEL N, INC., 1600 SEAPORT BLVD., SUITE 400, REDWOOD CITY CA 94063