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Corporate Resource Services (FRA:HTS1) Cyclically Adjusted PS Ratio : (As of Jun. 07, 2024)


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What is Corporate Resource Services Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Corporate Resource Services Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Corporate Resource Services'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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Corporate Resource Services Cyclically Adjusted PS Ratio Chart

Corporate Resource Services Annual Data
Trend Sep00 Sep01 Sep02 Sep03 Sep08 Sep09 Sep10 Sep11 Sep12 Dec13
Cyclically Adjusted PS Ratio
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Corporate Resource Services Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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Competitive Comparison of Corporate Resource Services's Cyclically Adjusted PS Ratio

For the Staffing & Employment Services subindustry, Corporate Resource Services'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.


Corporate Resource Services's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

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

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



Corporate Resource Services 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.

Corporate Resource Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2014 is calculated as:

For example, Corporate Resource Services's adjusted Revenue per Share data for the three months ended in Sep. 2014 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2014 (Change)*Current CPI (Sep. 2014)
=1.246/100.4278*100.4278
=1.246

Current CPI (Sep. 2014) = 100.4278.

Corporate Resource Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200106 5.875 75.100 7.856
200109 0.000 75.227 0.000
200112 0.000 74.552 0.000
200203 0.000 75.438 0.000
200206 0.000 75.902 0.000
200209 0.000 76.366 0.000
200212 0.000 76.324 0.000
200303 0.000 77.716 0.000
200306 0.000 77.505 0.000
200309 0.000 78.138 0.000
200312 4.887 77.758 6.312
200403 0.856 79.066 1.087
200406 0.798 80.037 1.001
200803 0.534 90.090 0.595
200806 0.443 92.320 0.482
200809 0.509 92.307 0.554
200812 0.554 88.697 0.627
200903 0.441 89.744 0.493
200906 0.400 91.003 0.441
200909 0.497 91.120 0.548
200912 0.453 91.111 0.499
201003 0.452 91.821 0.494
201006 0.790 91.962 0.863
201009 1.016 92.162 1.107
201012 0.943 92.474 1.024
201103 0.855 94.283 0.911
201106 0.937 95.235 0.988
201109 1.034 95.727 1.085
201112 1.196 95.213 1.261
201203 1.055 96.783 1.095
201206 0.949 96.819 0.984
201209 0.883 97.633 0.908
201212 1.133 96.871 1.175
201303 0.960 98.209 0.982
201306 0.935 98.518 0.953
201309 0.939 98.790 0.955
201312 1.005 98.326 1.026
201403 0.999 99.695 1.006
201406 1.106 100.560 1.105
201409 1.246 100.428 1.246

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.


Corporate Resource Services  (FRA:HTS1) 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.


Corporate Resource Services Cyclically Adjusted PS Ratio Related Terms

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Corporate Resource Services (FRA:HTS1) Business Description

Traded in Other Exchanges
N/A
Address
160 Broadway, 13th Floor, New York, NY, USA, 10038
Corporate Resource Services Inc provides diversified technology staffing, recruiting and consulting services. It offers trained employees for Insurance, IT, Accounting, Science, Healthcare, Creative Services, Hospitality, Retail and Light Industrial Work.

Corporate Resource Services (FRA:HTS1) Headlines

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