GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Axon Enterprise Inc (NAS:AXON) » Definitions » Cyclically Adjusted PS Ratio

Axon Enterprise (Axon Enterprise) Cyclically Adjusted PS Ratio : 28.65 (As of Apr. 29, 2024)


View and export this data going back to 2001. Start your Free Trial

What is Axon Enterprise Cyclically Adjusted PS Ratio?

As of today (2024-04-29), Axon Enterprise's current share price is $308.23. Axon Enterprise's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $10.76. Axon Enterprise's Cyclically Adjusted PS Ratio for today is 28.65.

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

AXON' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.59   Med: 14.79   Max: 36.14
Current: 28.65

During the past years, Axon Enterprise's highest Cyclically Adjusted PS Ratio was 36.14. The lowest was 5.59. And the median was 14.79.

AXON's Cyclically Adjusted PS Ratio is ranked worse than
99.06% of 212 companies
in the Aerospace & Defense industry
Industry Median: 1.49 vs AXON: 28.65

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.

Axon Enterprise's adjusted revenue per share data for the three months ended in Dec. 2023 was $5.672. 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 $10.76 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Axon Enterprise Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Axon Enterprise'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.

Axon Enterprise Cyclically Adjusted PS Ratio Chart

Axon Enterprise 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 16.58 22.64 22.71 19.03 24.01

Axon Enterprise Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 19.03 24.28 19.96 19.28 24.01

Competitive Comparison of Axon Enterprise's Cyclically Adjusted PS Ratio

For the Aerospace & Defense subindustry, Axon Enterprise'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.


Axon Enterprise's Cyclically Adjusted PS Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Axon Enterprise's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Axon Enterprise 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.

Axon Enterprise's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=308.23/10.76
=28.65

* 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.

Axon Enterprise's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Axon Enterprise's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=5.672/129.4194*129.4194
=5.672

Current CPI (Dec. 2023) = 129.4194.

Axon Enterprise Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.656 99.695 0.852
201406 0.679 100.560 0.874
201409 0.824 100.428 1.062
201412 0.861 99.070 1.125
201503 0.821 99.621 1.067
201506 0.852 100.684 1.095
201509 0.921 100.392 1.187
201512 1.028 99.792 1.333
201603 1.014 100.470 1.306
201606 1.103 101.688 1.404
201609 1.353 101.861 1.719
201612 1.543 101.863 1.960
201703 1.476 102.862 1.857
201706 1.481 103.349 1.855
201709 1.676 104.136 2.083
201712 1.743 104.011 2.169
201803 1.856 105.290 2.281
201806 1.739 106.317 2.117
201809 1.753 106.507 2.130
201812 1.916 105.998 2.339
201903 1.938 107.251 2.339
201906 1.873 108.070 2.243
201909 2.178 108.329 2.602
201912 2.852 108.420 3.404
202003 2.437 108.902 2.896
202006 2.341 108.767 2.785
202009 2.621 109.815 3.089
202012 3.553 109.897 4.184
202103 3.045 111.754 3.526
202106 3.358 114.631 3.791
202109 3.202 115.734 3.581
202112 3.138 117.630 3.453
202203 3.544 121.301 3.781
202206 3.951 125.017 4.090
202209 4.299 125.227 4.443
202212 4.606 125.222 4.760
202303 4.643 127.348 4.719
202306 4.943 128.729 4.970
202309 5.446 129.860 5.428
202312 5.672 129.419 5.672

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.


Axon Enterprise  (NAS:AXON) 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.


Axon Enterprise Cyclically Adjusted PS Ratio Related Terms

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


Axon Enterprise (Axon Enterprise) Business Description

Traded in Other Exchanges
Address
17800 North 85th Street, Scottsdale, AZ, USA, 85255
Axon Enterprise Inc develops, manufactures, and sells conducted energy devices and cloud-based digital evidence management software designed for use by law enforcement, corrections, military forces, private security personnel, and private individuals for personal defense. The company operates in two segments: Taser and software & sensors. Taser develops and sells CEDs used for protecting users and virtual reality training. Software and sensors manufacture fully integrated hardware and cloud-based software solutions such as body cameras, automated license plate reading, and digital evidence management systems. Axon delivers its products worldwide and gets most of its revenue from the United States.
Executives
Joshua Isner officer: EVP Global Sales 17800 N 85TH ST, SCOTTSDALE AZ 85255
Jeffrey C Kunins officer: Chief Product Officer 17800 NORTH 85TH STREET, SCOTTSDALE AZ 85255
Brittany Bagley officer: CFO & CBO C/O SONOS, INC., 614 CHAPALA STREET, SANTA BARBARA CA 93101
Julie A Cullivan director 17800 N 85TH ST, SCOTTSDALE AZ 85255
Hadi Partovi director 9655 LAKE WASHINGTON BLVD NE, BELLEVUE WA 98004
Erika Nardini director 1241 E MAIN ST, STAMFORD CT 06902-3520
Patrick W Smith director, officer: Chief Executive Officer 7860 EAST MCCLAIN DRIVE, SUITE 2, SCOTTSDALE AZ 85260-1627
Jeri Williams director 17800 N 85TH ST, SCOTTSDALE AZ 85255
Graham Smith director 301 BRANNMAN ST, SAN FRANCISCO CA 94107
Mark W Kroll director PO BOX 23, CRYSTAL BAY MN 55323
Caitlin Elizabeth Kalinowski director 17800 NORTH 85TH STREET, SCOTTSDALE AZ 85255
Michael Garnreiter director 6735 E. GREENWAY PARKWAY, UNIT #2049, SCOTTSDALE AZ 85254
Luke Larson officer: Chief Marketing Officer 17800 N 85TH ST, SCOTTSDALE AZ 85255
Matthew R Mcbrady director
James Zito officer: Chief Financial Officer 17800 N 85TH ST, SCOTTSDALE AZ 85255