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ScanSource (FRA:SC3) Cyclically Adjusted PS Ratio : 0.31 (As of May. 31, 2024)


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What is ScanSource Cyclically Adjusted PS Ratio?

As of today (2024-05-31), ScanSource's current share price is €43.40. ScanSource's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €140.98. ScanSource's Cyclically Adjusted PS Ratio for today is 0.31.

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

FRA:SC3' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.31   Max: 0.44
Current: 0.31

During the past years, ScanSource's highest Cyclically Adjusted PS Ratio was 0.44. The lowest was 0.13. And the median was 0.31.

FRA:SC3's Cyclically Adjusted PS Ratio is ranked better than
82.14% of 1920 companies
in the Hardware industry
Industry Median: 1.07 vs FRA:SC3: 0.31

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.

ScanSource's adjusted revenue per share data for the three months ended in Mar. 2024 was €27.220. 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 €140.98 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ScanSource Cyclically Adjusted PS Ratio Historical Data

The historical data trend for ScanSource'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.

ScanSource Cyclically Adjusted PS Ratio Chart

ScanSource 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 0.27 0.19 0.21 0.21 0.20

ScanSource 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 0.20 0.20 0.20 0.26 0.29

Competitive Comparison of ScanSource's Cyclically Adjusted PS Ratio

For the Electronics & Computer Distribution subindustry, ScanSource'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.


ScanSource's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



ScanSource 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.

ScanSource's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=43.40/140.98
=0.31

* 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.

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

For example, ScanSource'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)
=27.22/131.7762*131.7762
=27.220

Current CPI (Mar. 2024) = 131.7762.

ScanSource Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 19.398 100.560 25.420
201409 21.337 100.428 27.997
201412 22.701 99.070 30.195
201503 24.439 99.621 32.327
201506 26.577 100.684 34.784
201509 27.781 100.392 36.466
201512 33.903 99.792 44.769
201603 27.611 100.470 36.214
201606 30.009 101.688 38.888
201609 32.254 101.861 41.727
201612 33.923 101.863 43.885
201703 29.947 102.862 38.365
201706 31.783 103.349 40.525
201709 30.326 104.136 38.375
201712 34.007 104.011 43.085
201803 28.367 105.290 35.503
201806 10.412 106.317 12.905
201809 32.373 106.507 40.054
201812 35.707 105.998 44.391
201903 30.689 107.251 37.707
201906 11.636 108.070 14.189
201909 29.870 108.329 36.335
201912 29.245 108.420 35.545
202003 26.568 108.902 32.149
202006 22.291 108.767 27.006
202009 25.353 109.815 30.423
202012 26.165 109.897 31.374
202103 23.975 111.754 28.270
202106 27.624 114.631 31.756
202109 28.368 115.734 32.300
202112 29.531 117.630 33.083
202203 29.713 121.301 32.279
202206 35.565 125.017 37.488
202209 37.454 125.227 39.413
202212 37.433 125.222 39.392
202303 32.512 127.348 33.643
202306 34.774 128.729 35.597
202309 32.612 129.860 33.093
202312 32.026 129.419 32.609
202403 27.220 131.776 27.220

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.


ScanSource  (FRA:SC3) 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.


ScanSource Cyclically Adjusted PS Ratio Related Terms

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


ScanSource (FRA:SC3) Business Description

Industry
Traded in Other Exchanges
Address
6 Logue Court, Greenville, SC, USA, 29615
ScanSource Inc provides value-added services for technology manufacturers and sells to resellers in specialty technology markets. The firm's operations are organized in two segments: Specialty Technology Solutions and Modern Communications and Cloud. It generates maximum revenue from the Specialty Technology Solutions segment. The Specialty Technology Solutions segment includes the Company's business in mobility and barcode, POS, payments, security and networking technologies. Geographically, it derives a majority of revenue from the United States.

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