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SilverSun Technologies (SilverSun Technologies) Cyclically Adjusted PS Ratio : 1.51 (As of May. 01, 2024)


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What is SilverSun Technologies Cyclically Adjusted PS Ratio?

As of today (2024-05-01), SilverSun Technologies's current share price is $14.2899. SilverSun Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $9.48. SilverSun Technologies's Cyclically Adjusted PS Ratio for today is 1.51.

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

SSNT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.16   Max: 2.32
Current: 1.5

During the past years, SilverSun Technologies's highest Cyclically Adjusted PS Ratio was 2.32. The lowest was 0.01. And the median was 0.16.

SSNT's Cyclically Adjusted PS Ratio is ranked better than
54.97% of 1430 companies
in the Software industry
Industry Median: 1.86 vs SSNT: 1.50

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.

SilverSun Technologies's adjusted revenue per share data for the three months ended in Dec. 2023 was $2.791. 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 $9.48 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


SilverSun Technologies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for SilverSun Technologies'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.

SilverSun Technologies Cyclically Adjusted PS Ratio Chart

SilverSun Technologies 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 0.32 0.28 0.57 0.34 1.80

SilverSun Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.34 0.34 0.37 0.35 1.80

Competitive Comparison of SilverSun Technologies's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, SilverSun Technologies'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.


SilverSun Technologies's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



SilverSun Technologies 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.

SilverSun Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14.2899/9.48
=1.51

* 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.

SilverSun Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, SilverSun Technologies's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.791/129.4194*129.4194
=2.791

Current CPI (Dec. 2023) = 129.4194.

SilverSun Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.253 99.695 1.627
201406 1.334 100.560 1.717
201409 1.542 100.428 1.987
201412 1.314 99.070 1.717
201503 1.600 99.621 2.079
201506 1.366 100.684 1.756
201509 1.634 100.392 2.106
201512 1.792 99.792 2.324
201603 1.739 100.470 2.240
201606 1.913 101.688 2.435
201609 2.130 101.861 2.706
201612 1.847 101.863 2.347
201703 1.782 102.862 2.242
201706 1.893 103.349 2.371
201709 2.133 104.136 2.651
201712 1.949 104.011 2.425
201803 2.070 105.290 2.544
201806 2.097 106.317 2.553
201809 2.235 106.507 2.716
201812 2.107 105.998 2.573
201903 2.068 107.251 2.495
201906 2.026 108.070 2.426
201909 2.246 108.329 2.683
201912 2.215 108.420 2.644
202003 2.240 108.902 2.662
202006 2.052 108.767 2.442
202009 2.163 109.815 2.549
202012 2.513 109.897 2.959
202103 2.282 111.754 2.643
202106 2.020 114.631 2.281
202109 1.968 115.734 2.201
202112 2.041 117.630 2.246
202203 2.146 121.301 2.290
202206 2.071 125.017 2.144
202209 2.126 125.227 2.197
202212 2.359 125.222 2.438
202303 2.498 127.348 2.539
202306 2.522 128.729 2.536
202309 2.554 129.860 2.545
202312 2.791 129.419 2.791

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.


SilverSun Technologies  (NAS:SSNT) 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.


SilverSun Technologies Cyclically Adjusted PS Ratio Related Terms

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


SilverSun Technologies (SilverSun Technologies) Business Description

Traded in Other Exchanges
N/A
Address
120 Eagle Rock Avenue, East Hanover, NJ, USA, 07936
SilverSun Technologies Inc is a business application, technology, and consulting company. It is engaged in providing strategies and solutions to meet information, technology and business management needs. Its services and technologies enable customers to manage, protect and monetize their enterprise assets in the cloud. It offers solutions for accounting and business management, financial reporting, enterprise resource planning (ERP), warehouse management systems (WMS), customer relationship management (CRM) and business intelligence (BI). The company has a network services practice, which provides managed services, hosting, business continuity, cloud, e-mail, and Web services.
Executives
Stanley Wunderlich director
John D. Schachtel director 979 BATESVILLE ROAD, SUITE B, GREER SC 29651
Joseph P Macaluso director
Bitnile Holdings, Inc. 10 percent owner 11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141
Ault Milton C Iii 10 percent owner 11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141
Jeffrey D Roth 10 percent owner 202 VIERA DRIVE, CEDAR KNOLLS NJ 07927-2402
Christine Elizabeth Dye officer: Chief Financial Officer 120 EAGLE ROCK AVE., SUITE 330, EAST HANOVER NJ 07936
Crandall Iii Melvin officer: Chief Financial Officer 5 REGENT ST #520, LIVINGSTON NJ 07039
John Rudy director C/O ADSTAR INC., 4553 GLENCOE AVENUE SUITE 325, MARINA DEL REY CA 90292
Mark Meller director, 10 percent owner, officer: President and CEO C/O TREY RESOURCES, INC., 293 EISENHOWER PARKWAY, SUITE 250, LIVINGSTON NJ 07039
Jerome R Mahoney director, 10 percent owner, officer: President, Secretary and CEO C/O VOICE INC, 750 HIGHWAY 34, MATAWAN NJ 07747