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Extreme Networks (FRA:EXM) Cyclically Adjusted PS Ratio : 1.38 (As of Jun. 19, 2024)


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What is Extreme Networks Cyclically Adjusted PS Ratio?

As of today (2024-06-19), Extreme Networks's current share price is €11.26. Extreme Networks's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €8.18. Extreme Networks's Cyclically Adjusted PS Ratio for today is 1.38.

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

FRA:EXM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.39   Med: 1.33   Max: 3.77
Current: 1.38

During the past years, Extreme Networks's highest Cyclically Adjusted PS Ratio was 3.77. The lowest was 0.39. And the median was 1.33.

FRA:EXM's Cyclically Adjusted PS Ratio is ranked worse than
58.03% of 1923 companies
in the Hardware industry
Industry Median: 1.09 vs FRA:EXM: 1.38

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.

Extreme Networks's adjusted revenue per share data for the three months ended in Mar. 2024 was €1.502. 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 €8.18 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Extreme Networks Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Extreme 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.

Extreme Networks Cyclically Adjusted PS Ratio Chart

Extreme Networks Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.15 0.72 1.66 1.15 3.04

Extreme Networks 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 2.30 3.04 2.75 2.01 1.29

Competitive Comparison of Extreme Networks's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, Extreme 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.


Extreme Networks's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Extreme 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.26/8.18
=1.38

* 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.

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

For example, Extreme Networks'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)
=1.502/131.7762*131.7762
=1.502

Current CPI (Mar. 2024) = 131.7762.

Extreme Networks Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.182 100.560 1.549
201409 1.087 100.428 1.426
201412 1.210 99.070 1.609
201503 1.107 99.621 1.464
201506 1.332 100.684 1.743
201509 1.099 100.392 1.443
201512 1.249 99.792 1.649
201603 1.077 100.470 1.413
201606 1.113 101.688 1.442
201609 1.031 101.861 1.334
201612 1.380 101.863 1.785
201703 1.277 102.862 1.636
201706 1.441 103.349 1.837
201709 1.500 104.136 1.898
201712 1.719 104.011 2.178
201803 1.847 105.290 2.312
201806 2.054 106.317 2.546
201809 1.752 106.507 2.168
201812 1.858 105.998 2.310
201903 1.882 107.251 2.312
201906 1.877 108.070 2.289
201909 1.930 108.329 2.348
201912 2.014 108.420 2.448
202003 1.591 108.902 1.925
202006 1.591 108.767 1.928
202009 1.645 109.815 1.974
202012 1.615 109.897 1.937
202103 1.638 111.754 1.931
202106 1.638 114.631 1.883
202109 1.708 115.734 1.945
202112 1.861 117.630 2.085
202203 1.943 121.301 2.111
202206 1.984 125.017 2.091
202209 2.262 125.227 2.380
202212 2.235 125.222 2.352
202303 2.335 127.348 2.416
202306 2.517 128.729 2.577
202309 2.479 129.860 2.516
202312 2.067 129.419 2.105
202403 1.502 131.776 1.502

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.


Extreme Networks  (FRA:EXM) 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.


Extreme Networks Cyclically Adjusted PS Ratio Related Terms

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


Extreme Networks (FRA:EXM) Business Description

Industry
Traded in Other Exchanges
Address
2121 RDU Center Drive, Suite 300, Morrisville, NC, USA, 27560
Extreme Networks Inc provides software-driven networking services for enterprise customers. Its products include wired and wireless network infrastructure equipment and software for network management, policy, analytics, and access controls. It offers high-density Wi-Fi, centralized management, cloud-based network management, and application analytics capabilities. The company operates in a single segment which develops and markets network infrastructure equipment. Roughly half of the firm's revenue is generated in the Americas, with the rest coming from Europe, the Middle East, Africa, and Asia-Pacific.

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