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VeriFone Systems (VeriFone Systems) Cyclically Adjusted PS Ratio : (As of Apr. 27, 2024)


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What is VeriFone Systems Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


VeriFone Systems Cyclically Adjusted PS Ratio Historical Data

The historical data trend for VeriFone Systems'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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VeriFone Systems Cyclically Adjusted PS Ratio Chart

VeriFone Systems Annual Data
Trend Oct08 Oct09 Oct10 Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Oct17
Cyclically Adjusted PS Ratio
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VeriFone Systems Quarterly Data
Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18
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Competitive Comparison of VeriFone Systems's Cyclically Adjusted PS Ratio

For the Business Equipment & Supplies subindustry, VeriFone Systems'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.


VeriFone Systems's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, VeriFone Systems's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



VeriFone Systems 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.

VeriFone Systems's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2018 is calculated as:

For example, VeriFone Systems's adjusted Revenue per Share data for the three months ended in Apr. 2018 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2018 (Change)*Current CPI (Apr. 2018)
=3.967/105.7080*105.7080
=3.967

Current CPI (Apr. 2018) = 105.7080.

VeriFone Systems Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200807 3.073 92.805 3.500
200810 2.902 91.375 3.357
200901 2.533 89.084 3.006
200904 2.386 89.968 2.803
200907 2.498 90.859 2.906
200910 2.578 91.207 2.988
201001 2.579 91.423 2.982
201004 2.750 91.980 3.160
201007 2.982 91.981 3.427
201010 3.090 92.277 3.540
201101 3.107 92.914 3.535
201104 3.130 94.890 3.487
201107 3.396 95.319 3.766
201110 3.789 95.529 4.193
201201 3.964 95.632 4.382
201204 4.247 97.075 4.625
201207 4.430 96.661 4.845
201210 4.399 97.595 4.765
201301 3.878 97.158 4.219
201304 3.936 98.107 4.241
201307 3.829 98.557 4.107
201310 3.936 98.536 4.223
201401 3.953 98.692 4.234
201404 4.198 100.023 4.437
201407 4.248 100.520 4.467
201410 4.348 100.176 4.588
201501 4.211 98.604 4.514
201504 4.229 99.824 4.478
201507 4.383 100.691 4.601
201510 4.439 100.346 4.676
201601 4.571 99.957 4.834
201604 4.728 100.947 4.951
201607 4.410 101.524 4.592
201610 4.181 101.988 4.334
201701 4.075 102.456 4.204
201704 4.241 103.167 4.345
201707 4.170 103.278 4.268
201710 4.245 104.070 4.312
201801 3.893 104.578 3.935
201804 3.967 105.708 3.967

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.


VeriFone Systems  (NYSE:PAY) 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.


VeriFone Systems Cyclically Adjusted PS Ratio Related Terms

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VeriFone Systems (VeriFone Systems) Business Description

Traded in Other Exchanges
N/A
Address
Verifone sells hardware and complementary software and services that enable merchants to accept electronic payments at the point of sale. Its offerings are used in the retail, gas station, restaurant, and taxi environments, among others. The Verifone Systems segment sells devices and basic payment and security software. The Verifone Services segment provides "payments as a service"--longer-term leasing, support, and other payment-related services.
Executives
Robert B Henske director 2535 GARCIA AVE, MOUNTAIN VIEW CA 94043
Paul Galant director, officer: CEO 88 WEST PLUMERIA DRIVE, SAN JOSE CA 95134
Jane J. Thompson director 628 GREEN VALLEY ROAD, SUITE 500, GREENSBORO NC 27408
Karen A Austin director 3100 WEST BIG BEAVER ROAD, TROY MI 48084
Marc E Rothman officer: EVP & CFO 1303 E ALGONQUIN ROAD, SCHAUMBURG X1 60196
Larry A Klane director 88 WEST PLUMERIA DRIVE, SAN JOSE CA 95134
Robert W Alspaugh director C/O AUTOLIV INC, KLARABERGSVIADUKTEN 70, SECTION B7, STOCKHOLM V7 SE-111 64
Rowan M Trollope director 4000 EXECUTIVE PARKWAY, SUITE #400, SAN RAMON CA 94583
Alex W Hart director 600 B STREET, SUITE 100, SAN DIEGO CA 92101
Ronald D Black director 1050 ENTERPRISE WAY, SUITE 700, SUNNYVALE CA 94089
Albert Liu officer: EVP, Corp Dev & Gen Counsel 88 WEST PLUMERIA DRIVE, SAN JOSE CA 95134
Wenda Harris Millard director C/O YAHOO INC, 701 FIRST AVE, SUNNYVALLE CA 94089
William Kenneth Nelson officer: EVP Global Product Mgmt & Serv ONE WAYSIDE ROAD BURLINGTON MA 01803
Leslie G Denend director C/O RATIONAL SOFTWARE CORP, 18880 HOMESTEAD ROAD, CUPERTINO CA 95014
Jeffrey E Stiefler director C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043