GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » QinetiQ Group PLC (FRA:QY6) » Definitions » Cyclically Adjusted PS Ratio

QinetiQ Group (FRA:QY6) Cyclically Adjusted PS Ratio : 2.01 (As of Dec. 15, 2024)


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

What is QinetiQ Group Cyclically Adjusted PS Ratio?

As of today (2024-12-15), QinetiQ Group's current share price is €5.02. QinetiQ Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 was €2.50. QinetiQ Group's Cyclically Adjusted PS Ratio for today is 2.01.

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

FRA:QY6' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.81   Med: 1.51   Max: 2.15
Current: 1.84

During the past 13 years, QinetiQ Group's highest Cyclically Adjusted PS Ratio was 2.15. The lowest was 0.81. And the median was 1.51.

FRA:QY6's Cyclically Adjusted PS Ratio is ranked better than
50.84% of 179 companies
in the Aerospace & Defense industry
Industry Median: 1.92 vs FRA:QY6: 1.84

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.

QinetiQ Group's adjusted revenue per share data of for the fiscal year that ended in Mar24 was €3.816. 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 €2.50 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


QinetiQ Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for QinetiQ Group'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.

QinetiQ Group Cyclically Adjusted PS Ratio Chart

QinetiQ Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.76 1.79 1.66 1.63 1.63

QinetiQ Group Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 - 1.63 - 1.63 -

Competitive Comparison of QinetiQ Group's Cyclically Adjusted PS Ratio

For the Aerospace & Defense subindustry, QinetiQ Group'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.


QinetiQ Group's Cyclically Adjusted PS Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, QinetiQ Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



QinetiQ Group 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.

QinetiQ Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.02/2.5
=2.01

* 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.

QinetiQ Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 is calculated as:

For example, QinetiQ Group's adjusted Revenue per Share data for the fiscal year that ended in Mar24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=3.816/131.6000*131.6000
=3.816

Current CPI (Mar24) = 131.6000.

QinetiQ Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 1.662 99.600 2.196
201603 1.637 100.400 2.146
201703 1.562 102.700 2.002
201803 1.663 105.100 2.082
201903 1.864 107.000 2.293
202003 2.099 108.600 2.544
202103 2.586 109.700 3.102
202203 2.725 116.500 3.078
202303 3.077 126.800 3.193
202403 3.816 131.600 3.816

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.


QinetiQ Group  (FRA:QY6) 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.


QinetiQ Group Cyclically Adjusted PS Ratio Related Terms

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


QinetiQ Group Business Description

Traded in Other Exchanges
Address
Ively Road, Cody Technology Park, Farnborough, Hampshire, GBR, GU14 0LX
QinetiQ Group PLC is a company operating in the global aerospace, defense, and security sectors. The services and products offered are air (air engineering services, air traffic management, safety, and environmental management); C4ISR (communication, reconnaissance, intelligence and surveillance, space security, fast jet sensor fusion training, sensors, cyber and data science among many others); Cyber (accreditation support, security health check, data classification, insider threat management among others); Maritime ( Maritime Autonomy Centre, Naval Mission Systems, Maritime Stealth among many others).

QinetiQ Group Headlines

No Headlines