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Ciber (FRA:CIC) Cyclically Adjusted PS Ratio : (As of Jun. 24, 2024)


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What is Ciber Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ciber Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ciber'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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Ciber Cyclically Adjusted PS Ratio Chart

Ciber Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted PS Ratio
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Ciber Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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Competitive Comparison of Ciber's Cyclically Adjusted PS Ratio

For the Information Technology Services subindustry, Ciber'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.


Ciber's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



Ciber 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.

Ciber's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2016 is calculated as:

For example, Ciber's adjusted Revenue per Share data for the three months ended in Sep. 2016 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2016 (Change)*Current CPI (Sep. 2016)
=1.584/101.8610*101.8610
=1.584

Current CPI (Sep. 2016) = 101.8610.

Ciber Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200612 3.126 85.142 3.740
200703 3.152 86.640 3.706
200706 3.189 87.906 3.695
200709 3.091 87.964 3.579
200712 3.223 88.616 3.705
200803 3.144 90.090 3.555
200806 3.384 92.320 3.734
200809 3.439 92.307 3.795
200812 3.426 88.697 3.934
200903 3.134 89.744 3.557
200906 2.668 91.003 2.986
200909 2.519 91.120 2.816
200912 2.642 91.111 2.954
201003 2.780 91.821 3.084
201006 3.129 91.962 3.466
201009 2.901 92.162 3.206
201012 1.735 92.474 1.911
201103 2.521 94.283 2.724
201106 2.333 95.235 2.495
201109 2.229 95.727 2.372
201112 2.204 95.213 2.358
201203 2.303 96.783 2.424
201206 2.345 96.819 2.467
201209 2.226 97.633 2.322
201212 2.286 96.871 2.404
201303 2.272 98.209 2.356
201306 2.215 98.518 2.290
201309 2.143 98.790 2.210
201312 2.168 98.326 2.246
201403 2.035 99.695 2.079
201406 2.044 100.560 2.070
201409 2.099 100.428 2.129
201412 2.296 99.070 2.361
201503 2.347 99.621 2.400
201506 2.210 100.684 2.236
201509 2.167 100.392 2.199
201512 2.233 99.792 2.279
201603 1.960 100.470 1.987
201606 1.831 101.688 1.834
201609 1.584 101.861 1.584

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.


Ciber  (FRA:CIC) 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.


Ciber Cyclically Adjusted PS Ratio Related Terms

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Ciber (FRA:CIC) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Ciber Inc (FRA:CIC) » Definitions » Cyclically Adjusted PS Ratio
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Address
7900 E Union Avenue, Suite 1100, Denver, CO, USA, 80237
CMTSU Liquidation Inc is an information technology consulting and services company. It provides information technology services globally, mainly in groups which include Independent software vendor relationships, Ciber managed services, Business consulting, Application development and Management services and Software as a service offering. Its services portfolio includes cloud, mobile, business intelligence, digital transformation etc. The firm has North America and International segments. It derives the majority of its revenues from North America segment. The company offers its services to industries such as Financial Services, Logistics, Healthcare, and Manufacturing.

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