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PTC (PTC) Cyclically Adjusted PS Ratio : 12.10 (As of May. 19, 2024)


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What is PTC Cyclically Adjusted PS Ratio?

As of today (2024-05-19), PTC's current share price is $184.22. PTC's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $15.22. PTC's Cyclically Adjusted PS Ratio for today is 12.10.

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

PTC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.7   Med: 6.9   Max: 12.85
Current: 12.11

During the past years, PTC's highest Cyclically Adjusted PS Ratio was 12.85. The lowest was 2.70. And the median was 6.90.

PTC's Cyclically Adjusted PS Ratio is ranked worse than
92.4% of 1447 companies
in the Software industry
Industry Median: 1.85 vs PTC: 12.11

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.

PTC's adjusted revenue per share data for the three months ended in Mar. 2024 was $4.996. 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 $15.22 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PTC Cyclically Adjusted PS Ratio Historical Data

The historical data trend for PTC'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.

PTC Cyclically Adjusted PS Ratio Chart

PTC Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.14 7.18 9.57 7.54 9.60

PTC 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 8.98 9.78 9.60 11.81 12.42

Competitive Comparison of PTC's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, PTC'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.


PTC's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



PTC 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=184.22/15.22
=12.10

* 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.

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

For example, PTC'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)
=4.996/131.7762*131.7762
=4.996

Current CPI (Mar. 2024) = 131.7762.

PTC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.808 100.560 3.680
201409 3.102 100.428 4.070
201412 2.781 99.070 3.699
201503 2.710 99.621 3.585
201506 2.612 100.684 3.419
201509 2.717 100.392 3.566
201512 2.549 99.792 3.366
201603 2.380 100.470 3.122
201606 2.495 101.688 3.233
201609 2.507 101.861 3.243
201612 2.484 101.863 3.213
201703 2.420 102.862 3.100
201706 2.520 103.349 3.213
201709 2.493 104.136 3.155
201712 2.606 104.011 3.302
201803 2.611 105.290 3.268
201806 2.679 106.317 3.321
201809 2.614 106.507 3.234
201812 2.798 105.998 3.478
201903 2.452 107.251 3.013
201906 2.544 108.070 3.102
201909 2.839 108.329 3.453
201912 3.078 108.420 3.741
202003 3.100 108.902 3.751
202006 3.026 108.767 3.666
202009 3.338 109.815 4.006
202012 3.648 109.897 4.374
202103 3.902 111.754 4.601
202106 3.673 114.631 4.222
202109 4.042 115.734 4.602
202112 3.859 117.630 4.323
202203 4.288 121.301 4.658
202206 3.920 125.017 4.132
202209 4.281 125.227 4.505
202212 3.922 125.222 4.127
202303 4.555 127.348 4.713
202306 4.543 128.729 4.651
202309 4.551 129.860 4.618
202312 4.576 129.419 4.659
202403 4.996 131.776 4.996

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.


PTC  (NAS:PTC) 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.


PTC Cyclically Adjusted PS Ratio Related Terms

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


PTC (PTC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » PTC Inc (NAS:PTC) » Definitions » Cyclically Adjusted PS Ratio
Traded in Other Exchanges
Address
121 Seaport Boulevard, Boston, MA, USA, 02210
PTC offers high-end computer-assisted design (Creo) and product lifecycle management (Windchill) software as well as Internet of Things and AR industrial solutions. Founded in 1985, PTC has 28,000 customers, with revenue stemming mostly from North America (45%) and Europe (40%).
Executives
Robert Schechter director C/O NMS COMMUNICATIONS, 100 CROSSING BLVD, FRAMINGHAM MA 01702
Kristian Talvitie officer: Chief Financial Officer 121 SEAPORT BOULEVARD, BOSTON MA 02210
Michael Ditullio officer: EVP 121 SEAPORT BLVD, BOSTON MA 02210
Von Staats Aaron C officer: SVP, General Counsel and Clerk C/O PARAMETRIC TECHNOLOGY CORP, 140 KENDRICK ST, NEEDHAM MA 02494
Catherine Kniker officer: Chief Strategy Officer C/O 121 SEAPORT BOULEVARD, BOSTON MA 02210
Paul A Lacy director KRONOS INCORP, 297 BILLERICA RD, CHELMSFORD MA 01824
Lathan Corinna director 140 KENDRICK STREET, NEEDHAM MA 02494
Blake D. Moret director C/O ROCKWELL AUTOMATION, INC., 1201 SOUTH SECOND STREET, MILWAUKEE WI 53204
Neil Barua director, officer: CEO-Elect C/O SERVICEMAX, INC., 4450 ROSEWOOD DRIVE #200, PLEASANTON CA 94588
Janesh Moorjani director C/O ELASTIC N.V., 800 WEST EL CAMINO REAL, SUITE 350, MOUNTAIN VIEW CA 94040
Michal Katz director 42 ROCK SHELTER ROAD, WACCABUC NY 10597
James E Heppelmann officer: EVP, Chief Product Officer C/O PARAMETRIC TECHNOLOGY CORP, 140 KENDRICK ST., NEEDHAM MA 02494
Amarpreet Hanspal director AUTODESK, INC., 111 MCINNIS PARKWAY, SAN RAFAEL CA 94903
Phillip M Fernandez director C/O MARKETO, INC., 901 MARINER'S ISLAND BLVD., SUITE 500, SAN MATEO CA 94404
Mark D Benjamin director NUANCE COMMUNICATIONS, INC., 1 WAYSIDE ROAD, BURLINGTON MA 01803

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