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S&P Global (STU:MHL) Cyclically Adjusted PS Ratio : 14.68 (As of Sep. 21, 2024)


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What is S&P Global Cyclically Adjusted PS Ratio?

As of today (2024-09-21), S&P Global's current share price is €468.15. S&P Global's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was €31.88. S&P Global's Cyclically Adjusted PS Ratio for today is 14.68.

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

STU:MHL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.35   Med: 11.44   Max: 19.46
Current: 15.53

During the past years, S&P Global's highest Cyclically Adjusted PS Ratio was 19.46. The lowest was 4.35. And the median was 11.44.

STU:MHL's Cyclically Adjusted PS Ratio is ranked worse than
87.68% of 568 companies
in the Capital Markets industry
Industry Median: 3.55 vs STU:MHL: 15.53

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.

S&P Global's adjusted revenue per share data for the three months ended in Jun. 2024 was €10.527. 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 €31.88 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


S&P Global Cyclically Adjusted PS Ratio Historical Data

The historical data trend for S&P Global'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.

S&P Global Cyclically Adjusted PS Ratio Chart

S&P Global 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 13.34 14.65 18.19 11.46 13.81

S&P Global Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 12.98 11.57 13.81 12.89 13.23

Competitive Comparison of S&P Global's Cyclically Adjusted PS Ratio

For the Financial Data & Stock Exchanges subindustry, S&P Global'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.


S&P Global's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, S&P Global's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where S&P Global's Cyclically Adjusted PS Ratio falls into.



S&P Global 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.

S&P Global's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=468.15/31.88
=14.68

* 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.

S&P Global's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, S&P Global's adjusted Revenue per Share data for the three months ended in Jun. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=10.527/132.5538*132.5538
=10.527

Current CPI (Jun. 2024) = 132.5538.

S&P Global Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 3.559 100.428 4.697
201412 3.849 99.070 5.150
201503 4.257 99.621 5.664
201506 4.337 100.684 5.710
201509 4.299 100.392 5.676
201512 4.637 99.792 6.159
201603 4.507 100.470 5.946
201606 4.946 101.688 6.447
201609 4.833 101.861 6.289
201612 5.070 101.863 6.598
201703 5.209 102.862 6.713
201706 5.167 103.349 6.627
201709 4.922 104.136 6.265
201712 5.219 104.011 6.651
201803 4.995 105.290 6.288
201806 5.437 106.317 6.779
201809 5.227 106.507 6.505
201812 5.368 105.998 6.713
201903 5.599 107.251 6.920
201906 6.096 108.070 7.477
201909 6.222 108.329 7.613
201912 6.363 108.420 7.779
202003 6.643 108.902 8.086
202006 7.133 108.767 8.693
202009 6.487 109.815 7.830
202012 6.355 109.897 7.665
202103 7.009 111.754 8.313
202106 7.229 114.631 8.359
202109 7.339 115.734 8.406
202112 7.633 117.630 8.601
202203 7.851 121.301 8.579
202206 8.345 125.017 8.848
202209 8.733 125.227 9.244
202212 8.481 125.222 8.978
202303 9.163 127.348 9.538
202306 8.950 128.729 9.216
202309 9.087 129.860 9.276
202312 9.150 129.419 9.372
202403 10.228 131.776 10.288
202406 10.527 132.554 10.527

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.


S&P Global  (STU:MHL) 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.


S&P Global Cyclically Adjusted PS Ratio Related Terms

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


S&P Global Business Description

Address
55 Water Street, New York, NY, USA, 10041
S&P Global provides data and benchmarks to capital and commodity market participants. Its ratings business is the largest credit rating agency in the world and S&P's largest segment by profitability. S&P's largest segment by revenue is market intelligence, which provides desktop, data and advisory solutions, enterprise solutions, and credit/risk solutions mostly in the financial-services industry. S&P's other segments include commodity insights (Platts and other data), mobility (Carfax), and indexes.

S&P Global Headlines

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