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Nasdaq (MEX:NDAQ) Cyclically Adjusted PS Ratio : 6.01 (As of Jun. 22, 2024)


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What is Nasdaq Cyclically Adjusted PS Ratio?

As of today (2024-06-22), Nasdaq's current share price is MXN1075.00. Nasdaq's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was MXN178.79. Nasdaq's Cyclically Adjusted PS Ratio for today is 6.01.

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

MEX:NDAQ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.9   Med: 4.26   Max: 8.05
Current: 5.43

During the past years, Nasdaq's highest Cyclically Adjusted PS Ratio was 8.05. The lowest was 1.90. And the median was 4.26.

MEX:NDAQ's Cyclically Adjusted PS Ratio is ranked worse than
65.73% of 604 companies
in the Capital Markets industry
Industry Median: 3.12 vs MEX:NDAQ: 5.43

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.

Nasdaq's adjusted revenue per share data for the three months ended in Mar. 2024 was MXN47.989. 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 MXN178.79 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nasdaq Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Nasdaq'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.

Nasdaq Cyclically Adjusted PS Ratio Chart

Nasdaq 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 4.79 5.48 7.74 6.06 5.37

Nasdaq 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 5.25 4.70 4.50 5.37 5.69

Competitive Comparison of Nasdaq's Cyclically Adjusted PS Ratio

For the Financial Data & Stock Exchanges subindustry, Nasdaq'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.


Nasdaq's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Nasdaq's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Nasdaq 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1075.00/178.79
=6.01

* 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.

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

For example, Nasdaq'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)
=47.989/131.7762*131.7762
=47.989

Current CPI (Mar. 2024) = 131.7762.

Nasdaq Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 21.682 100.560 28.413
201409 21.143 100.428 27.743
201412 26.187 99.070 34.832
201503 25.250 99.621 33.400
201506 24.519 100.684 32.091
201509 28.615 100.392 37.561
201512 29.341 99.792 38.745
201603 30.842 100.470 40.452
201606 32.874 101.688 42.601
201609 35.325 101.861 45.699
201612 39.474 101.863 51.066
201703 35.723 102.862 45.765
201706 35.547 103.349 45.325
201709 34.338 104.136 43.452
201712 39.323 104.011 49.820
201803 41.246 105.290 51.622
201806 40.183 106.317 49.806
201809 35.929 106.507 44.453
201812 44.492 105.998 55.312
201903 40.222 107.251 49.420
201906 40.670 108.070 49.592
201909 43.180 108.329 52.526
201912 39.990 108.420 48.605
202003 63.408 108.902 76.727
202006 64.768 108.767 78.469
202009 62.119 109.815 74.542
202012 57.973 109.897 69.515
202103 67.324 111.754 79.386
202106 56.292 114.631 64.711
202109 54.653 115.734 62.228
202112 59.110 117.630 66.219
202203 60.914 121.301 66.174
202206 62.876 125.017 66.276
202209 63.100 125.227 66.400
202212 62.062 125.222 65.310
202303 55.849 127.348 57.791
202306 49.768 128.729 50.946
202309 51.152 129.860 51.907
202312 50.734 129.419 51.658
202403 47.989 131.776 47.989

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.


Nasdaq  (MEX:NDAQ) 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.


Nasdaq Cyclically Adjusted PS Ratio Related Terms

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


Nasdaq (MEX:NDAQ) Business Description

Traded in Other Exchanges
Address
151 W. 42nd Street, New York, NY, USA, 10036
Founded in 1971, Nasdaq is primarily known for its equity exchange, but in addition to its market-services business (about 35% of sales), the company sells and distributes market data as well as offers Nasdaq-branded indexes to asset managers and investors through its information-services segment (30%). Nasdaq's corporate-services business (20%) offers listing services and related investor relations products to publicly traded companies and through the company's market technology group (15%), Nasdaq facilitates the exchange operations of other exchanges throughout the world and provides financial compliance services.