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IRIS Group (XBRU:IRIS) Cyclically Adjusted PS Ratio : (As of May. 21, 2024)


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What is IRIS Group Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


IRIS Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for IRIS Group'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.

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IRIS Group Cyclically Adjusted PS Ratio Chart

IRIS Group Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Cyclically Adjusted PS Ratio
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IRIS Group Semi-Annual Data
Dec11 Jun12
Cyclically Adjusted PS Ratio - -

Competitive Comparison of IRIS Group's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, IRIS Group'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.


IRIS Group's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



IRIS Group 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.

IRIS Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec11 is calculated as:

For example, IRIS Group's adjusted Revenue per Share data for the fiscal year that ended in Dec11 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec11 (Change)*Current CPI (Dec11)
=65.634/96.3603*96.3603
=65.634

Current CPI (Dec11) = 96.3603.

IRIS Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
200212 56.369 78.244 69.421
200312 0.000 79.602 0.000
200412 62.859 81.415 74.398
200512 45.865 83.764 52.762
200612 50.816 85.142 57.512
200712 54.949 87.768 60.328
200812 58.999 90.077 63.114
200912 55.618 90.315 59.341
201012 66.366 93.120 68.676
201112 65.634 96.360 65.634

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.


IRIS Group  (XBRU:IRIS) 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.


IRIS Group Cyclically Adjusted PS Ratio Related Terms

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IRIS Group (XBRU:IRIS) Business Description

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