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Paylocity Holding (Paylocity Holding) Cyclically Adjusted Revenue per Share : $11.91 (As of Mar. 2024)


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What is Paylocity Holding Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Paylocity Holding's adjusted revenue per share for the three months ended in Mar. 2024 was $7.034. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $11.91 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Paylocity Holding's average Cyclically Adjusted Revenue Growth Rate was 25.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

As of today (2024-06-04), Paylocity Holding's current stock price is $138.23. Paylocity Holding's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $11.91. Paylocity Holding's Cyclically Adjusted PS Ratio of today is 11.61.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Paylocity Holding was 32.11. The lowest was 11.94. And the median was 20.49.


Paylocity Holding Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Paylocity Holding's Cyclically Adjusted Revenue per Share 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.

Paylocity Holding Cyclically Adjusted Revenue per Share Chart

Paylocity Holding Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 8.25 10.05

Paylocity Holding Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue per Share 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 9.46 10.05 10.63 11.10 11.91

Competitive Comparison of Paylocity Holding's Cyclically Adjusted Revenue per Share

For the Software - Application subindustry, Paylocity Holding'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.


Paylocity Holding's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



Paylocity Holding Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Paylocity Holding'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)
=7.034/131.7762*131.7762
=7.034

Current CPI (Mar. 2024) = 131.7762.

Paylocity Holding Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.579 100.560 0.759
201409 0.628 100.428 0.824
201412 0.689 99.070 0.916
201503 0.906 99.621 1.198
201506 0.790 100.684 1.034
201509 0.889 100.392 1.167
201512 1.084 99.792 1.431
201603 1.321 100.470 1.733
201606 1.172 101.688 1.519
201609 1.269 101.861 1.642
201612 1.336 101.863 1.728
201703 1.672 102.862 2.142
201706 1.402 103.349 1.788
201709 1.492 104.136 1.888
201712 1.569 104.011 1.988
201803 2.061 105.290 2.579
201806 1.744 106.317 2.162
201809 1.811 106.507 2.241
201812 1.946 105.998 2.419
201903 2.516 107.251 3.091
201906 2.157 108.070 2.630
201909 2.275 108.329 2.767
201912 2.371 108.420 2.882
202003 3.068 108.902 3.712
202006 2.334 108.767 2.828
202009 2.423 109.815 2.908
202012 2.597 109.897 3.114
202103 3.298 111.754 3.889
202106 2.979 114.631 3.425
202109 3.216 115.734 3.662
202112 3.472 117.630 3.890
202203 4.364 121.301 4.741
202206 4.054 125.017 4.273
202209 4.470 125.227 4.704
202212 4.834 125.222 5.087
202303 6.009 127.348 6.218
202306 5.440 128.729 5.569
202309 5.583 129.860 5.665
202312 5.740 129.419 5.845
202403 7.034 131.776 7.034

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Paylocity Holding  (NAS:PCTY) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Paylocity Holding's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=138.23/11.91
=11.61

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Paylocity Holding was 32.11. The lowest was 11.94. And the median was 20.49.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Paylocity Holding Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Paylocity Holding's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Paylocity Holding (Paylocity Holding) Business Description

Industry
Traded in Other Exchanges
Address
1400 American Lane, Schaumburg, IL, USA, 60173
Paylocity is a provider of payroll and human capital management, or HCM, solutions servicing small- to midsize clients in the United States. The company was founded in 1997 and targets businesses with 10 to 5,000 employees and services about 36,000 clients as of fiscal 2023. Alongside core payroll services, Paylocity offers HCM solutions such as time and attendance and recruiting software, as well workplace collaboration and communication tools.
Executives
Ryan Glenn officer: CFO and Treasurer 1400 AMERICAN LANE, SCHAUMBERG IL 60173
Katherine Ross officer: Sr Vice President Operations 1400 AMERICAN LANE, SCHAUMBURG IL 60173
Rachit Lohani officer: Chief Technology Officer 1400 AMERICAN LANE, SCHAUMBURG IL 60173
Steven I Sarowitz director, 10 percent owner, officer: Executive Chairman 3850 N. WILKE ROAD, ARLINGTON HEIGHTS IL 60004
Nicholas Rost officer: VP & Chief Accounting Officer 1400 AMERICAN LANE, SCHAUMBURG IL 60173
Joshua Scutt officer: Senior Vice President Sales 1400 AMERICAN LANE, SCHAUMBURG IL 60173
Linda M. Breard director 3600 136 PLACE SE, SUITE 300, BELLEVUE WA 98006
Jeffrey T Diehl director, 10 percent owner ONE NORTH WACKER DRIVE, SUITE 2200, CHICAGO IL 60606-2823
Toby J. Williams officer: Chief Financial Officer 3850 N. WILKE ROAD, ARLINGTON HEIGHTS IL 60004
Bernard Robinson Kenneth director 9417 FOX CREEK LANE, MASON OH 45040
Steven R Beauchamp director, officer: President and CEO 3850 N. WILKE ROAD, ARLINGTON HEIGHTS IL 60004
Ronald V Waters director 75 EAST ELM STREET, CHICAGO IL 60611
Mark S Kinsey officer: Senior VP of Operations 3850 N WILKE ROAD, ARLINGTON HEIGHTS IL 60004
Michael R Haske officer: Senior VP of Sales & Marketing 3850 N. WILKE ROAD, ARLINGTON HEIGHTS IL 60004
Andrew Cappotelli officer: Chief Accounting Officer 3850 N. WILKE RD, ARLINGTON HEIGHTS IL 60004