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A10 Networks (FRA:8A0) Cyclically Adjusted PS Ratio : 3.53 (As of Sep. 21, 2024)


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What is A10 Networks Cyclically Adjusted PS Ratio?

As of today (2024-09-21), A10 Networks's current share price is €12.42. A10 Networks's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was €3.52. A10 Networks's Cyclically Adjusted PS Ratio for today is 3.53.

The historical rank and industry rank for A10 Networks's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:8A0' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.63   Med: 3.56   Max: 4.74
Current: 3.67

During the past years, A10 Networks's highest Cyclically Adjusted PS Ratio was 4.74. The lowest was 2.63. And the median was 3.56.

FRA:8A0's Cyclically Adjusted PS Ratio is ranked worse than
68.91% of 1383 companies
in the Software industry
Industry Median: 1.91 vs FRA:8A0: 3.67

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.

A10 Networks's adjusted revenue per share data for the three months ended in Jun. 2024 was €0.739. 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 €3.52 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


A10 Networks Cyclically Adjusted PS Ratio Historical Data

The historical data trend for A10 Networks'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.

A10 Networks Cyclically Adjusted PS Ratio Chart

A10 Networks 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 - - - 4.13 3.21

A10 Networks Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 3.54 3.65 3.21 3.58 3.62

Competitive Comparison of A10 Networks's Cyclically Adjusted PS Ratio

For the Software - Infrastructure subindustry, A10 Networks'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.


A10 Networks's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, A10 Networks's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where A10 Networks's Cyclically Adjusted PS Ratio falls into.



A10 Networks 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.

A10 Networks's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.42/3.52
=3.53

* 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.

A10 Networks's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, A10 Networks's adjusted Revenue per Share data for the three months ended in Jun. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.739/132.5538*132.5538
=0.739

Current CPI (Jun. 2024) = 132.5538.

A10 Networks Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 0.562 100.428 0.742
201412 0.600 99.070 0.803
201503 0.661 99.621 0.880
201506 0.684 100.684 0.901
201509 0.721 100.392 0.952
201512 0.778 99.792 1.033
201603 0.751 100.470 0.991
201606 0.784 101.688 1.022
201609 0.741 101.861 0.964
201612 0.863 101.863 1.123
201703 0.872 102.862 1.124
201706 0.688 103.349 0.882
201709 0.736 104.136 0.937
201712 0.659 104.011 0.840
201803 0.552 105.290 0.695
201806 0.715 106.317 0.891
201809 0.713 106.507 0.887
201812 0.736 105.998 0.920
201903 0.595 107.251 0.735
201906 0.575 108.070 0.705
201909 0.607 108.329 0.743
201912 0.701 108.420 0.857
202003 0.623 108.902 0.758
202006 0.583 108.767 0.710
202009 0.598 109.815 0.722
202012 0.649 109.897 0.783
202103 0.578 111.754 0.686
202106 0.619 114.631 0.716
202109 0.695 115.734 0.796
202112 0.775 117.630 0.873
202203 0.718 121.301 0.785
202206 0.821 125.017 0.870
202209 0.937 125.227 0.992
202212 0.969 125.222 1.026
202303 0.713 127.348 0.742
202306 0.805 128.729 0.829
202309 0.714 129.860 0.729
202312 0.858 129.419 0.879
202403 0.741 131.776 0.745
202406 0.739 132.554 0.739

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.


A10 Networks  (FRA:8A0) 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.


A10 Networks Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of A10 Networks's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


A10 Networks Business Description

Industry
Traded in Other Exchanges
Address
2300 Orchard Parkway, San Jose, CA, USA, 95131
A10 Networks Inc is a provider of secure application solutions and services that enables a new generation of intelligently connected companies, the ability to continuously improve cyber protection and digital responsiveness across dynamic Information Technology and network infrastructures. Its portfolio consists of six secure application solutions; Thunder Application Delivery Controller, Lightning Application Delivery Controller, Thunder Carrier Grade Networking, Thunder Threat Protection System, Thunder SSL Insight and Thunder Convergent Firewall, and two intelligent management and automation tools; Harmony Controller and aGalaxy TPS. Key revenue is generated from the Americas, with the rest coming from Europe, the Middle East and Africa, plus the Asia Pacific region.

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