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A10 Networks (STU:8A0) Cyclically Adjusted PS Ratio : 4.20 (As of May. 15, 2024)


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What is A10 Networks Cyclically Adjusted PS Ratio?

As of today (2024-05-15), A10 Networks's current share price is €14.29. A10 Networks's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €3.40. A10 Networks's Cyclically Adjusted PS Ratio for today is 4.20.

The historical rank and industry rank for A10 Networks's Cyclically Adjusted PS Ratio or its related term are showing as below:

STU:8A0' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.63   Med: 3.56   Max: 4.74
Current: 4.2

During the past years, A10 Networks's highest Cyclically Adjusted PS Ratio was 4.74. The lowest was 2.63. And the median was 3.56.

STU:8A0's Cyclically Adjusted PS Ratio is ranked worse than
71.92% of 1446 companies
in the Software industry
Industry Median: 1.84 vs STU:8A0: 4.20

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.

A10 Networks's adjusted revenue per share data for the three months ended in Mar. 2024 was €0.741. 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 €3.40 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


A10 Networks Cyclically Adjusted PS Ratio Historical Data

The historical data trend for A10 Networks'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.

A10 Networks Cyclically Adjusted PS Ratio Chart

A10 Networks 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 - - - 4.13 3.21

A10 Networks 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 3.80 3.54 3.65 3.21 3.65

Competitive Comparison of A10 Networks's Cyclically Adjusted PS Ratio

For the Software - Infrastructure subindustry, A10 Networks'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.


A10 Networks's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, A10 Networks's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where A10 Networks's Cyclically Adjusted PS Ratio falls into.



A10 Networks 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.

A10 Networks's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14.29/3.4
=4.20

* 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.

A10 Networks's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, A10 Networks'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)
=0.741/129.4194*129.4194
=0.741

Current CPI (Mar. 2024) = 129.4194.

A10 Networks Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.556 100.560 0.716
201409 0.562 100.428 0.724
201412 0.600 99.070 0.784
201503 0.661 99.621 0.859
201506 0.684 100.684 0.879
201509 0.721 100.392 0.929
201512 0.778 99.792 1.009
201603 0.751 100.470 0.967
201606 0.784 101.688 0.998
201609 0.741 101.861 0.941
201612 0.863 101.863 1.096
201703 0.872 102.862 1.097
201706 0.688 103.349 0.862
201709 0.736 104.136 0.915
201712 0.659 104.011 0.820
201803 0.552 105.290 0.679
201806 0.715 106.317 0.870
201809 0.713 106.507 0.866
201812 0.736 105.998 0.899
201903 0.595 107.251 0.718
201906 0.575 108.070 0.689
201909 0.607 108.329 0.725
201912 0.701 108.420 0.837
202003 0.623 108.902 0.740
202006 0.583 108.767 0.694
202009 0.598 109.815 0.705
202012 0.649 109.897 0.764
202103 0.578 111.754 0.669
202106 0.619 114.631 0.699
202109 0.695 115.734 0.777
202112 0.775 117.630 0.853
202203 0.718 121.301 0.766
202206 0.821 125.017 0.850
202209 0.937 125.227 0.968
202212 0.969 125.222 1.001
202303 0.713 127.348 0.725
202306 0.805 128.729 0.809
202309 0.714 129.860 0.712
202312 0.858 129.419 0.858
202403 0.741 129.419 0.741

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.


A10 Networks  (STU:8A0) 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.


A10 Networks Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of A10 Networks's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


A10 Networks (STU:8A0) Business Description

Industry
Traded in Other Exchanges
Address
2300 Orchard Parkway, San Jose, CA, USA, 95131
A10 Networks Inc is a provider of secure application solutions and services that enables a new generation of intelligently connected companies, the ability to continuously improve cyber protection and digital responsiveness across dynamic Information Technology and network infrastructures. Its portfolio consists of six secure application solutions; Thunder Application Delivery Controller, Lightning Application Delivery Controller, Thunder Carrier Grade Networking, Thunder Threat Protection System, Thunder SSL Insight and Thunder Convergent Firewall, and two intelligent management and automation tools; Harmony Controller and aGalaxy TPS. Key revenue is generated from the Americas, with the rest coming from Europe, the Middle East and Africa, plus the Asia Pacific region.

A10 Networks (STU:8A0) Headlines

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