GURUFOCUS.COM » STOCK LIST » Technology » Software » Brightcove Inc (NAS:BCOV) » Definitions » Cyclically Adjusted PS Ratio

Brightcove (Brightcove) Cyclically Adjusted PS Ratio : 0.38 (As of May. 16, 2024)


View and export this data going back to 2012. Start your Free Trial

What is Brightcove Cyclically Adjusted PS Ratio?

As of today (2024-05-16), Brightcove's current share price is $2.08. Brightcove's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $5.46. Brightcove's Cyclically Adjusted PS Ratio for today is 0.38.

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

BCOV' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.3   Med: 1.44   Max: 4.58
Current: 0.37

During the past years, Brightcove's highest Cyclically Adjusted PS Ratio was 4.58. The lowest was 0.30. And the median was 1.44.

BCOV's Cyclically Adjusted PS Ratio is ranked better than
85.87% of 1444 companies
in the Software industry
Industry Median: 1.85 vs BCOV: 0.37

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.

Brightcove's adjusted revenue per share data for the three months ended in Mar. 2024 was $1.145. 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 $5.46 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Brightcove Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Brightcove'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.

Brightcove Cyclically Adjusted PS Ratio Chart

Brightcove 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 1.68 3.45 2.05 0.98 0.47

Brightcove 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 0.82 0.73 0.60 0.47 0.36

Competitive Comparison of Brightcove's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, Brightcove'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.


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

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

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



Brightcove 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.08/5.46
=0.38

* 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.

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

For example, Brightcove'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)
=1.145/129.4194*129.4194
=1.145

Current CPI (Mar. 2024) = 129.4194.

Brightcove Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.964 100.560 1.241
201409 0.978 100.428 1.260
201412 0.970 99.070 1.267
201503 1.012 99.621 1.315
201506 1.009 100.684 1.297
201509 1.037 100.392 1.337
201512 1.074 99.792 1.393
201603 1.109 100.470 1.429
201606 1.127 101.688 1.434
201609 1.151 101.861 1.462
201612 1.140 101.863 1.448
201703 1.103 102.862 1.388
201706 1.132 103.349 1.418
201709 1.145 104.136 1.423
201712 1.156 104.011 1.438
201803 1.180 105.290 1.450
201806 1.172 106.317 1.427
201809 1.136 106.507 1.380
201812 1.118 105.998 1.365
201903 1.141 107.251 1.377
201906 1.253 108.070 1.501
201909 1.230 108.329 1.469
201912 1.224 108.420 1.461
202003 1.197 108.902 1.423
202006 1.220 108.767 1.452
202009 1.208 109.815 1.424
202012 1.345 109.897 1.584
202103 1.290 111.754 1.494
202106 1.219 114.631 1.376
202109 1.274 115.734 1.425
202112 1.251 117.630 1.376
202203 1.288 121.301 1.374
202206 1.305 125.017 1.351
202209 1.285 125.227 1.328
202212 1.167 125.222 1.206
202303 1.154 127.348 1.173
202306 1.184 128.729 1.190
202309 1.176 129.860 1.172
202312 1.151 129.419 1.151
202403 1.145 129.419 1.145

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.


Brightcove  (NAS:BCOV) 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.


Brightcove Cyclically Adjusted PS Ratio Related Terms

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


Brightcove (Brightcove) Business Description

Industry
Traded in Other Exchanges
Address
281 Summer Street, Boston, MA, USA, 02210
Brightcove Inc is a provider of cloud-based services for the video ecosystem. The firm targets its solutions at media companies, broadcasters, publishers, and corporations. Brightcove Video Cloud is the firm's flagship product, enabling customers to publish and distribute video to Internet-connected devices. Video Cloud generates a significant portion of the firm's revenue through a subscription-based software-as-a-service model. Other products include Zencoder, a cloud-based video encoding service. It generates a large majority of its revenue in North America and Asia.
Executives
Marc Debevoise director, officer: Chief Executive Officer LIMELIGHT NETWORKS, 222 SOUTH MILL AVENUE, #800, TEMPE AZ 85281
Edenbrook Capital, Llc 10 percent owner 116 RADIO CIRCLE, SUITE 202, MT. KISCO NY 10549
Kristin E. Frank director C/O GAIAM, INC., 833 WEST SOUTH BOULDER ROAD, LOUISVILLE CO 80027
Ritcha Ranjan director BRIGHTCOVE INC., 290 CONGRESS STREET, BOSTON MA 02210
Scott Kurnit director
Diane Hessan director 2 BATTERY WHARF, #2510, BOSTON MA 02109
Thomas E Wheeler director 1250 CONNECTICUT AVE NW, CELLULAR TELECOMMUNICATIONS& INTERNET, WASHINGTON DC 20036
Jeff Ray director, officer: Chief Executive Officer C/O BRIGHTCOVE INC., 290 CONGRESS STREET, BOSTON MA 02210
Jonathan Brolin 10 percent owner 2 DEPOT PLAZA, 4TH FLOOR, BEDFORD HILLS NY 10507
David Plotkin officer: General Counsel, SVP BRIGHTCOVE INC., 390 CONGRESS STEET, BOSTON MA 02210
Tsedal Neeley director BRIGHTCOVE INC., 290 CONGRESS STREET, BOSTON MA 02210
Deborah M. Besemer director 257 TURNPIKE ROAD, SUITE 210, SOUTHBOROUGH MA 01772
Robert Noreck officer: Chief Financial Officer C/O BRIGHTCOVE INC., 290 CONGRESS STREET, BOSTON MA 02210
Chet Kapoor director BRIGHTCOVE INC., 290 CONGRESS STREET, BOSTON MA 02210
Christopher Stagno officer: PAO, VP, Corporate Controller C/O BRIGHTCOVE INC., 290 CONGRESS STREET, BOSTON MA 02110