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Conversant (FRA:VCK) Cyclically Adjusted PS Ratio : (As of Jun. 08, 2024)


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What is Conversant Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Conversant Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Conversant'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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Conversant Cyclically Adjusted PS Ratio Chart

Conversant Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Cyclically Adjusted PS Ratio
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Conversant 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 Conversant's Cyclically Adjusted PS Ratio

For the Internet Content & Information subindustry, Conversant'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.


Conversant's Cyclically Adjusted PS Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Conversant's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Conversant 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.

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

For example, Conversant'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)
=1.637/100.4278*100.4278
=1.637

Current CPI (Sep. 2014) = 100.4278.

Conversant Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200412 0.479 80.290 0.599
200503 0.457 81.555 0.563
200506 0.529 82.062 0.647
200509 0.759 83.876 0.909
200512 0.931 83.032 1.126
200603 0.930 84.298 1.108
200606 0.993 85.606 1.165
200609 1.100 85.606 1.290
200612 0.937 85.142 1.105
200703 1.173 86.640 1.360
200706 1.090 87.906 1.245
200709 1.126 87.964 1.286
200712 1.066 88.616 1.208
200803 1.150 90.090 1.282
200806 1.096 92.320 1.192
200809 1.147 92.307 1.248
200812 -0.173 88.697 -0.196
200903 0.907 89.744 1.015
200906 0.848 91.003 0.936
200909 0.822 91.120 0.906
200912 0.877 91.111 0.967
201003 0.845 91.821 0.924
201006 0.991 91.962 1.082
201009 0.996 92.162 1.085
201012 0.996 92.474 1.082
201103 1.017 94.283 1.083
201106 1.084 95.235 1.143
201109 1.144 95.727 1.200
201112 1.607 95.213 1.695
201203 1.350 96.783 1.401
201206 1.528 96.819 1.585
201209 1.328 97.633 1.366
201212 1.655 96.871 1.716
201303 1.338 98.209 1.368
201306 1.254 98.518 1.278
201309 1.368 98.790 1.391
201312 1.888 98.326 1.928
201403 1.535 99.695 1.546
201406 1.505 100.560 1.503
201409 1.637 100.428 1.637

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.


Conversant  (FRA:VCK) 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.


Conversant Cyclically Adjusted PS Ratio Related Terms

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


Conversant (FRA:VCK) Business Description

Traded in Other Exchanges
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Address
Conversant Inc, formerly known as Valueclick Inc. The Company and its subsidiaries offers digital marketing services across its Affiliate Marketing and Media segments. In affiliate marketing, a website or mobile publisher joins an advertiser's affiliate marketing program and agrees to distribute the advertiser's offers in exchange for commissions on sales or leads generated. The publisher places the advertiser's display advertisements or text links on their website or mobile website, in email campaigns, or in search listings, and receives a commission from the advertiser only when a visitor takes an agreed-upon action, such as making a purchase on the advertiser's website. Advertisers upload their offers onto its system, making them available for placement by affiliates. The Companys affiliate marketing services are structured to deliver an exceptional level of experience, expertise and strategic support to advertisers. Dedicated teams are focused on technical support, network quality and account services to work with advertisers as strategic partners in managing their affiliate programs. The Company offers its clients the option to choose the level of service that fits their needs, ranging from full program management to network access. The Companys media solutions enable marketers to deliver personalized communications and are designed for flexibility based on each brands specific needs. Its media solutions also include a suite of ad serving and analytics tools designed to improve marketing effectiveness through precise ad execution and data collection: the Conversant Tag Manager, which streamlines the collection of website data; Conversant Data Collection & Management, which unites marketing data from across digital channels; and the ConversantTM Ad Server, which executes, reports and optimizes ad campaigns across digital channels. The Company markets its products and services primarily through direct marketing, print advertising and online advertising throughout the year.

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