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Calix (STU:CXA) Cyclically Adjusted PS Ratio : 2.62 (As of May. 20, 2024)


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What is Calix Cyclically Adjusted PS Ratio?

As of today (2024-05-20), Calix's current share price is €28.60. Calix's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €10.91. Calix's Cyclically Adjusted PS Ratio for today is 2.62.

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

STU:CXA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.4   Med: 3.25   Max: 8.35
Current: 2.67

During the past years, Calix's highest Cyclically Adjusted PS Ratio was 8.35. The lowest was 0.40. And the median was 3.25.

STU:CXA's Cyclically Adjusted PS Ratio is ranked worse than
60.24% of 1446 companies
in the Software industry
Industry Median: 1.87 vs STU:CXA: 2.67

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.

Calix's adjusted revenue per share data for the three months ended in Mar. 2024 was €3.056. 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 €10.91 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Calix Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Calix'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.

Calix Cyclically Adjusted PS Ratio Chart

Calix 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 0.81 3.36 8.34 6.46 3.82

Calix 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 4.92 4.49 4.04 3.82 2.82

Competitive Comparison of Calix's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, Calix'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.


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

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

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



Calix 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=28.60/10.91
=2.62

* 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.

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

For example, Calix'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)
=3.056/131.7762*131.7762
=3.056

Current CPI (Mar. 2024) = 131.7762.

Calix Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.426 100.560 1.869
201409 1.608 100.428 2.110
201412 1.764 99.070 2.346
201503 1.626 99.621 2.151
201506 1.700 100.684 2.225
201509 1.924 100.392 2.525
201512 1.908 99.792 2.520
201603 1.818 100.470 2.384
201606 1.977 101.688 2.562
201609 2.190 101.861 2.833
201612 2.540 101.863 3.286
201703 2.219 102.862 2.843
201706 2.244 103.349 2.861
201709 2.147 104.136 2.717
201712 2.297 104.011 2.910
201803 1.562 105.290 1.955
201806 1.829 106.317 2.267
201809 1.826 106.507 2.259
201812 1.900 105.998 2.362
201903 1.463 107.251 1.798
201906 1.625 108.070 1.981
201909 1.874 108.329 2.280
201912 1.938 108.420 2.355
202003 1.628 108.902 1.970
202006 1.846 108.767 2.237
202009 2.014 109.815 2.417
202012 2.086 109.897 2.501
202103 2.031 111.754 2.395
202106 2.070 114.631 2.380
202109 2.156 115.734 2.455
202112 2.269 117.630 2.542
202203 2.455 121.301 2.667
202206 2.804 125.017 2.956
202209 3.451 125.227 3.631
202212 3.303 125.222 3.476
202303 3.350 127.348 3.466
202306 3.459 128.729 3.541
202309 3.553 129.860 3.605
202312 3.552 129.419 3.617
202403 3.056 131.776 3.056

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.


Calix  (STU:CXA) 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.


Calix Cyclically Adjusted PS Ratio Related Terms

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


Calix (STU:CXA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Calix Inc (STU:CXA) » Definitions » Cyclically Adjusted PS Ratio
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Address
2777 Orchard Parkway, San Jose, CA, USA, 95134
Calix Inc develops, market and sell Calix cloud, systems and software platforms to enable service providers of all types and sizes to innovate and transform. The company's customers utilize the real-time data and insights from Calix platforms to simplify their business and deliver experiences that excite their subscribers. The resulting growth in subscriber acquisition, loyalty and revenue creates more value for their businesses and communities. This is the Calix mission to enable communications, and service providers of all sizes to simplify, excite and grow. The Company's revenue is principally derived in the United States.

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