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International Game Technology (STU:7IG) Cyclically Adjusted PS Ratio : 0.79 (As of Jun. 04, 2024)


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What is International Game Technology Cyclically Adjusted PS Ratio?

As of today (2024-06-04), International Game Technology's current share price is €17.90. International Game Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €22.66. International Game Technology's Cyclically Adjusted PS Ratio for today is 0.79.

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

STU:7IG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.84   Max: 1.34
Current: 0.78

During the past years, International Game Technology's highest Cyclically Adjusted PS Ratio was 1.34. The lowest was 0.19. And the median was 0.84.

STU:7IG's Cyclically Adjusted PS Ratio is ranked better than
70.42% of 639 companies
in the Travel & Leisure industry
Industry Median: 1.45 vs STU:7IG: 0.78

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.

International Game Technology's adjusted revenue per share data for the three months ended in Mar. 2024 was €4.836. 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 €22.66 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


International Game Technology Cyclically Adjusted PS Ratio Historical Data

The historical data trend for International Game Technology'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.

International Game Technology Cyclically Adjusted PS Ratio Chart

International Game Technology 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 0.62 0.72 1.20 0.90 1.07

International Game Technology 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 1.06 1.24 1.18 1.07 0.88

Competitive Comparison of International Game Technology's Cyclically Adjusted PS Ratio

For the Gambling subindustry, International Game Technology'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.


International Game Technology's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, International Game Technology's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



International Game Technology 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.

International Game Technology's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.90/22.66
=0.79

* 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.

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

For example, International Game Technology'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)
=4.836/131.6000*131.6000
=4.836

Current CPI (Mar. 2024) = 131.6000.

International Game Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.977 99.800 5.244
201409 4.176 100.000 5.496
201412 4.156 99.900 5.475
201503 4.531 99.600 5.987
201506 5.759 100.100 7.571
201509 5.329 100.200 6.999
201512 6.267 100.400 8.215
201603 5.741 100.400 7.525
201606 5.676 101.000 7.396
201609 5.582 101.500 7.237
201612 6.106 102.200 7.863
201703 5.322 102.700 6.820
201706 5.348 103.500 6.800
201709 5.035 104.300 6.353
201712 5.587 105.000 7.002
201803 4.808 105.100 6.020
201806 5.032 105.900 6.253
201809 4.847 106.600 5.984
201812 1.789 107.100 2.198
201903 4.949 107.000 6.087
201906 5.344 107.900 6.518
201909 5.120 108.400 6.216
201912 2.199 108.500 2.667
202003 3.603 108.600 4.366
202006 2.602 108.800 3.147
202009 3.386 109.200 4.081
202012 3.551 109.400 4.272
202103 4.129 109.700 4.953
202106 4.213 111.400 4.977
202109 4.043 112.400 4.734
202112 4.467 114.700 5.125
202203 4.651 116.500 5.254
202206 4.765 120.500 5.204
202209 5.271 122.300 5.672
202212 5.159 125.300 5.418
202303 4.906 126.800 5.092
202306 4.806 129.400 4.888
202309 4.913 130.100 4.970
202312 5.066 130.500 5.109
202403 4.836 131.600 4.836

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.


International Game Technology  (STU:7IG) 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.


International Game Technology Cyclically Adjusted PS Ratio Related Terms

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


International Game Technology (STU:7IG) Business Description

Traded in Other Exchanges
Address
10 Finsbury Square, Third Floor, London, GBR, EC2A 1AF
International Game Technology PLC is a gaming company that delivers entertaining and responsible gaming experiences for players across all channels. The company's operating segments include Global Lottery, Global Gaming, and Digital & Betting.. It generates maximum revenue from the Global Lottery segment. Global Lottery segment provides lottery products and services to governmental organizations through operating contracts, facilities management contracts, lottery management agreements, and product sales contracts. Geographically, it derives a majority of revenue from the United States.

International Game Technology (STU:7IG) Headlines

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