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Ribbon Communications (FRA:NU42) Cyclically Adjusted PS Ratio : 0.47 (As of May. 28, 2024)


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What is Ribbon Communications Cyclically Adjusted PS Ratio?

As of today (2024-05-28), Ribbon Communications's current share price is €2.80. Ribbon Communications's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €5.94. Ribbon Communications's Cyclically Adjusted PS Ratio for today is 0.47.

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

FRA:NU42' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.3   Med: 1.14   Max: 3.83
Current: 0.48

During the past years, Ribbon Communications's highest Cyclically Adjusted PS Ratio was 3.83. The lowest was 0.30. And the median was 1.14.

FRA:NU42's Cyclically Adjusted PS Ratio is ranked better than
70.43% of 301 companies
in the Telecommunication Services industry
Industry Median: 1.03 vs FRA:NU42: 0.48

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.

Ribbon Communications's adjusted revenue per share data for the three months ended in Mar. 2024 was €0.959. 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 €5.94 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ribbon Communications Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ribbon Communications'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.

Ribbon Communications Cyclically Adjusted PS Ratio Chart

Ribbon Communications 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 0.56 1.17 1.01 0.44 0.45

Ribbon Communications 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 0.53 0.43 0.42 0.45 0.50

Competitive Comparison of Ribbon Communications's Cyclically Adjusted PS Ratio

For the Telecom Services subindustry, Ribbon Communications'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.


Ribbon Communications's Cyclically Adjusted PS Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Ribbon Communications's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Ribbon Communications 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.

Ribbon Communications's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.80/5.94
=0.47

* 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.

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

For example, Ribbon Communications'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)
=0.959/131.7762*131.7762
=0.959

Current CPI (Mar. 2024) = 131.7762.

Ribbon Communications Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.125 100.560 1.474
201409 1.153 100.428 1.513
201412 1.263 99.070 1.680
201503 0.937 99.621 1.239
201506 0.985 100.684 1.289
201509 1.218 100.392 1.599
201512 1.410 99.792 1.862
201603 1.073 100.470 1.407
201606 1.096 101.688 1.420
201609 1.173 101.861 1.517
201612 1.301 101.863 1.683
201703 1.016 102.862 1.302
201706 1.001 103.349 1.276
201709 1.249 104.136 1.581
201712 1.422 104.011 1.802
201803 0.964 105.290 1.207
201806 1.151 106.317 1.427
201809 1.245 106.507 1.540
201812 1.376 105.998 1.711
201903 0.973 107.251 1.196
201906 1.163 108.070 1.418
201909 1.129 108.329 1.373
201912 1.314 108.420 1.597
202003 1.182 108.902 1.430
202006 1.294 108.767 1.568
202009 1.294 109.815 1.553
202012 1.194 109.897 1.432
202103 1.110 111.754 1.309
202106 1.137 114.631 1.307
202109 1.207 115.734 1.374
202112 1.372 117.630 1.537
202203 1.054 121.301 1.145
202206 1.296 125.017 1.366
202209 1.316 125.227 1.385
202212 1.311 125.222 1.380
202303 1.032 127.348 1.068
202306 1.143 128.729 1.170
202309 1.112 129.860 1.128
202312 1.209 129.419 1.231
202403 0.959 131.776 0.959

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.


Ribbon Communications  (FRA:NU42) 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.


Ribbon Communications Cyclically Adjusted PS Ratio Related Terms

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


Ribbon Communications (FRA:NU42) Business Description

Traded in Other Exchanges
Address
6500 Chase Oaks Boulevard, Suite 100, Plano, TX, USA, 75023
Ribbon Communications Inc provides network solutions primarily to telecommunications, wireless and cable service providers worldwide. It enables service providers and enterprises to modernize their communications networks and provide secure real-time communications solutions to their customers and employees. Its solutions enable its customers with a secure way to connect and leverage multivendor, multiprotocol communications systems and applications across their networks and the cloud, around the world and in a rapidly changing ecosystem of IP-enabled devices such as smartphones and tablets.

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