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Billing Services Group (LSE:BILL) Cyclically Adjusted PS Ratio : (As of Jun. 24, 2024)


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What is Billing Services Group Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Billing Services Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Billing Services 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.

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Billing Services Group Cyclically Adjusted PS Ratio Chart

Billing Services Group Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted PS Ratio
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Billing Services Group Semi-Annual Data
Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19
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Competitive Comparison of Billing Services Group's Cyclically Adjusted PS Ratio

For the Specialty Business Services subindustry, Billing Services 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.


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

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

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



Billing Services 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.

Billing Services Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec18 is calculated as:

For example, Billing Services Group's adjusted Revenue per Share data for the fiscal year that ended in Dec18 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec18 (Change)*Current CPI (Dec18)
=0.077/105.9979*105.9979
=0.077

Current CPI (Dec18) = 105.9979.

Billing Services Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
200912 0.322 91.111 0.375
201012 0.306 92.474 0.351
201112 0.222 95.213 0.247
201212 0.155 96.871 0.170
201312 0.116 98.326 0.125
201412 0.093 99.070 0.100
201512 0.084 99.792 0.089
201612 0.083 101.863 0.086
201712 0.056 104.011 0.057
201812 0.077 105.998 0.077

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.


Billing Services Group  (LSE:BILL) 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.


Billing Services Group Cyclically Adjusted PS Ratio Related Terms

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Billing Services Group (LSE:BILL) Business Description

Traded in Other Exchanges
N/A
Address
22 Victoria Street, Canon’s Court, Hamilton, BMU, HM 12
Billing Services Group Ltd is focused on payment solutions. The company offers a powerful suite of financial clearinghouse services for merchants, online stores, and telecommunications companies. Its services include local exchange carrier (LEC) phone clearing, billing and settlement solutions, toll clearing services, a Wi-Fi wholesale settlement solution, and VoiceLog Third Party Verification. The company generates a majority of revenue from LEC billing. Its geographical segment includes North America and Europe, the Middle East and Africa. The company derives the maximum revenue from North America.

Billing Services Group (LSE:BILL) Headlines