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Mastercard (BSP:MSCD34) Cyclically Adjusted PS Ratio : 26.77 (As of May. 01, 2024)


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What is Mastercard Cyclically Adjusted PS Ratio?

As of today (2024-05-01), Mastercard's current share price is R$73.36. Mastercard's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was R$2.74. Mastercard's Cyclically Adjusted PS Ratio for today is 26.77.

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

BSP:MSCD34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 13.51   Med: 23.35   Max: 35.89
Current: 26.03

During the past years, Mastercard's highest Cyclically Adjusted PS Ratio was 35.89. The lowest was 13.51. And the median was 23.35.

BSP:MSCD34's Cyclically Adjusted PS Ratio is ranked worse than
93.73% of 367 companies
in the Credit Services industry
Industry Median: 2.91 vs BSP:MSCD34: 26.03

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.

Mastercard's adjusted revenue per share data for the three months ended in Dec. 2023 was R$1.105. 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 R$2.74 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mastercard Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mastercard'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.

Mastercard Cyclically Adjusted PS Ratio Chart

Mastercard 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 30.83 32.92 27.85 22.75 24.28

Mastercard 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 22.75 22.79 23.76 23.08 24.28

Competitive Comparison of Mastercard's Cyclically Adjusted PS Ratio

For the Credit Services subindustry, Mastercard'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.


Mastercard's Cyclically Adjusted PS Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Mastercard's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Mastercard 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.

Mastercard's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=73.36/2.74
=26.77

* 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.

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

For example, Mastercard'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)
=1.105/129.4194*129.4194
=1.105

Current CPI (Dec. 2023) = 129.4194.

Mastercard Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.137 99.695 0.178
201406 0.146 100.560 0.188
201409 0.162 100.428 0.209
201412 0.177 99.070 0.231
201503 0.196 99.621 0.255
201506 0.210 100.684 0.270
201509 0.281 100.392 0.362
201512 0.279 99.792 0.362
201603 0.262 100.470 0.337
201606 0.270 101.688 0.344
201609 0.275 101.861 0.349
201612 0.273 101.863 0.347
201703 0.255 102.862 0.321
201706 0.302 103.349 0.378
201709 0.322 104.136 0.400
201712 0.331 104.011 0.412
201803 0.358 105.290 0.440
201806 0.425 106.317 0.517
201809 0.495 106.507 0.601
201812 0.459 105.998 0.560
201903 0.467 107.251 0.564
201906 0.499 108.070 0.598
201909 0.583 108.329 0.697
201912 0.577 108.420 0.689
202003 0.626 108.902 0.744
202006 0.554 108.767 0.659
202009 0.665 109.815 0.784
202012 0.684 109.897 0.806
202103 0.757 111.754 0.877
202106 0.739 114.631 0.834
202109 0.857 115.734 0.958
202112 0.965 117.630 1.062
202203 0.846 121.301 0.903
202206 0.919 125.017 0.951
202209 1.006 125.227 1.040
202212 1.023 125.222 1.057
202303 1.010 127.348 1.026
202306 1.034 128.729 1.040
202309 1.104 129.860 1.100
202312 1.105 129.419 1.105

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.


Mastercard  (BSP:MSCD34) 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.


Mastercard Cyclically Adjusted PS Ratio Related Terms

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


Mastercard (BSP:MSCD34) Business Description

Address
2000 Purchase Street, Purchase, NY, USA, 10577
Mastercard is the second-largest payment processor in the world, having processed close to over $8 trillion in transactions during 2022. Mastercard operates in over 200 countries and processes transactions in over 150 currencies.

Mastercard (BSP:MSCD34) Headlines

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