GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » CRA International Inc (FRA:CR2) » Definitions » Cyclically Adjusted PS Ratio

CRA International (FRA:CR2) Cyclically Adjusted PS Ratio : 2.56 (As of May. 22, 2024)


View and export this data going back to 2005. Start your Free Trial

What is CRA International Cyclically Adjusted PS Ratio?

As of today (2024-05-22), CRA International's current share price is €158.00. CRA International's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €61.69. CRA International's Cyclically Adjusted PS Ratio for today is 2.56.

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

FRA:CR2' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.53   Med: 1.16   Max: 2.61
Current: 2.61

During the past years, CRA International's highest Cyclically Adjusted PS Ratio was 2.61. The lowest was 0.53. And the median was 1.16.

FRA:CR2's Cyclically Adjusted PS Ratio is ranked worse than
80.2% of 692 companies
in the Business Services industry
Industry Median: 0.88 vs FRA:CR2: 2.61

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.

CRA International's adjusted revenue per share data for the three months ended in Mar. 2024 was €22.543. 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 €61.69 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CRA International Cyclically Adjusted PS Ratio Historical Data

The historical data trend for CRA International'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.

CRA International Cyclically Adjusted PS Ratio Chart

CRA International 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 1.42 1.21 1.90 2.14 1.54

CRA International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.82 1.66 1.60 1.54 2.24

Competitive Comparison of CRA International's Cyclically Adjusted PS Ratio

For the Consulting Services subindustry, CRA International'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.


CRA International's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, CRA International's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



CRA International 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.

CRA International's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=158.00/61.69
=2.56

* 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.

CRA International's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, CRA International's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=22.543/131.7762*131.7762
=22.543

Current CPI (Mar. 2024) = 131.7762.

CRA International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.739 100.560 7.521
201409 5.749 100.428 7.544
201412 6.674 99.070 8.877
201503 7.669 99.621 10.144
201506 7.370 100.684 9.646
201509 7.555 100.392 9.917
201512 7.204 99.792 9.513
201603 8.139 100.470 10.675
201606 8.375 101.688 10.853
201609 8.760 101.861 11.333
201612 8.932 101.863 11.555
201703 9.563 102.862 12.251
201706 9.662 103.349 12.320
201709 9.173 104.136 11.608
201712 9.762 104.011 12.368
201803 9.403 105.290 11.768
201806 10.566 106.317 13.096
201809 10.414 106.507 12.885
201812 11.334 105.998 14.090
201903 11.224 107.251 13.791
201906 11.908 108.070 14.520
201909 13.049 108.329 15.873
201912 13.329 108.420 16.200
202003 14.206 108.902 17.190
202006 13.794 108.767 16.712
202009 13.029 109.815 15.635
202012 14.299 109.897 17.146
202103 15.716 111.754 18.532
202106 16.320 114.631 18.761
202109 15.337 115.734 17.463
202112 15.787 117.630 17.686
202203 17.957 121.301 19.508
202206 19.112 125.017 20.145
202209 20.691 125.227 21.773
202212 18.768 125.222 19.750
202303 19.685 127.348 20.370
202306 21.115 128.729 21.615
202309 19.520 129.860 19.808
202312 20.997 129.419 21.379
202403 22.543 131.776 22.543

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.


CRA International  (FRA:CR2) 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.


CRA International Cyclically Adjusted PS Ratio Related Terms

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


CRA International (FRA:CR2) Business Description

Traded in Other Exchanges
Address
200 Clarendon Street, Boston, MA, USA, 02116-5092
CRA International Inc is a U.S.-based advisory firm that provides economic, financial, and management consultancy services. The company advises clients on economic and financial issues relating to litigation and regulatory proceedings and helps businesses set important business strategies and solve performance-related issues. The company's clients include domestic and foreign companies, government agencies, public and private utilities, and national and international trade associations. CRA International generates almost all its revenue from the United States and the United Kingdom.

CRA International (FRA:CR2) Headlines

No Headlines