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Pendrell (FRA:L6U3) Cyclically Adjusted PS Ratio : (As of Jun. 08, 2024)


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What is Pendrell Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pendrell Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Pendrell'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.

Pendrell Cyclically Adjusted PS Ratio Chart

Pendrell Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted PS Ratio
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Pendrell Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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Competitive Comparison of Pendrell's Cyclically Adjusted PS Ratio

For the Specialty Business Services subindustry, Pendrell'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.


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

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

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



Pendrell 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.

Pendrell's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2017 is calculated as:

For example, Pendrell's adjusted Revenue per Share data for the three months ended in Dec. 2017 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2017 (Change)*Current CPI (Dec. 2017)
=0.336/104.0111*104.0111
=0.336

Current CPI (Dec. 2017) = 104.0111.

Pendrell Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200803 0.000 90.090 0.000
200806 0.000 92.320 0.000
200809 0.000 92.307 0.000
200812 0.000 88.697 0.000
200903 0.000 89.744 0.000
200906 0.000 91.003 0.000
200909 0.000 91.120 0.000
200912 0.000 91.111 0.000
201003 0.000 91.821 0.000
201006 0.000 91.962 0.000
201009 0.000 92.162 0.000
201012 0.000 92.474 0.000
201103 0.000 94.283 0.000
201106 0.534 95.235 0.583
201109 3.086 95.727 3.353
201112 3.943 95.213 4.307
201203 10.938 96.783 11.755
201206 63.011 96.819 67.692
201209 3.089 97.633 3.291
201212 23.841 96.871 25.598
201303 32.513 98.209 34.434
201306 2.330 98.518 2.460
201309 2.221 98.790 2.338
201312 1.536 98.326 1.625
201403 100.996 99.695 105.369
201406 8.182 100.560 8.463
201409 1.811 100.428 1.876
201412 2.589 99.070 2.718
201503 88.023 99.621 91.902
201506 7.219 100.684 7.458
201509 51.801 100.392 53.669
201512 2.286 99.792 2.383
201603 43.765 100.470 45.307
201606 144.596 101.688 147.899
201609 0.000 101.861 0.000
201612 1.762 101.863 1.799
201703 0.000 102.862 0.000
201706 123.553 103.349 124.344
201709 18.051 104.136 18.029
201712 0.336 104.011 0.336

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.


Pendrell  (FRA:L6U3) 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.


Pendrell Cyclically Adjusted PS Ratio Related Terms

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Pendrell (FRA:L6U3) Business Description

Traded in Other Exchanges
N/A
Address
2300 Carillon Point, Kirkland, WA, USA, 98033
Pendrell Corp is engaged in licensing and selling its Intellectual Property (IP) rights. The company's subsidiaries hold patents that support three IP licensing programs digital media, digital cinema, and memory and storage technologies.

Pendrell (FRA:L6U3) Headlines

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