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Juniper Networks (BSP:J1NP34) Cyclically Adjusted PS Ratio : 2.18 (As of May. 20, 2024)


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What is Juniper Networks Cyclically Adjusted PS Ratio?

As of today (2024-05-20), Juniper Networks's current share price is R$176.59. Juniper Networks's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$81.17. Juniper Networks's Cyclically Adjusted PS Ratio for today is 2.18.

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

BSP:J1NP34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.53   Med: 2.57   Max: 4.29
Current: 2.14

During the past years, Juniper Networks's highest Cyclically Adjusted PS Ratio was 4.29. The lowest was 1.53. And the median was 2.57.

BSP:J1NP34's Cyclically Adjusted PS Ratio is ranked worse than
71.62% of 1924 companies
in the Hardware industry
Industry Median: 1.07 vs BSP:J1NP34: 2.14

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.

Juniper Networks's adjusted revenue per share data for the three months ended in Mar. 2024 was R$17.735. 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 R$81.17 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Juniper Networks Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Juniper Networks'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.

Juniper Networks Cyclically Adjusted PS Ratio Chart

Juniper Networks 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 2.13 1.85 2.66 2.15 1.86

Juniper Networks 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 2.25 2.01 1.76 1.86 2.29

Competitive Comparison of Juniper Networks's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, Juniper Networks'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.


Juniper Networks's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Juniper Networks 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.

Juniper Networks's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=176.59/81.17
=2.18

* 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.

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

For example, Juniper Networks'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)
=17.735/131.7762*131.7762
=17.735

Current CPI (Mar. 2024) = 131.7762.

Juniper Networks Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.769 100.560 7.560
201409 5.788 100.428 7.595
201412 6.843 99.070 9.102
201503 8.095 99.621 10.708
201506 9.575 100.684 12.532
201509 12.522 100.392 16.437
201512 12.998 99.792 17.164
201603 10.429 100.470 13.679
201606 10.823 101.688 14.025
201609 10.875 101.861 14.069
201612 11.993 101.863 15.515
201703 9.842 102.862 12.609
201706 11.186 103.349 14.263
201709 10.295 104.136 13.028
201712 10.825 104.011 13.715
201803 9.844 105.290 12.320
201806 12.925 106.317 16.020
201809 13.830 106.507 17.111
201812 13.029 105.998 16.198
201903 10.908 107.251 13.402
201906 12.177 108.070 14.848
201909 13.510 108.329 16.434
201912 14.478 108.420 17.597
202003 14.552 108.902 17.609
202006 16.920 108.767 20.499
202009 18.375 109.815 22.050
202012 18.765 109.897 22.501
202103 18.555 111.754 21.879
202106 17.842 114.631 20.511
202109 18.954 115.734 21.581
202112 22.128 117.630 24.789
202203 17.558 121.301 19.074
202206 19.532 125.017 20.588
202209 22.553 125.227 23.733
202212 23.022 125.222 24.227
202303 21.711 127.348 22.466
202306 21.292 128.729 21.796
202309 21.320 129.860 21.635
202312 20.595 129.419 20.970
202403 17.735 131.776 17.735

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.


Juniper Networks  (BSP:J1NP34) 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.


Juniper Networks Cyclically Adjusted PS Ratio Related Terms

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


Juniper Networks (BSP:J1NP34) Business Description

Address
1133 Innovation Way, Sunnyvale, CA, USA, 94089
Juniper Networks Inc is engaged in designing, developing, and selling products and services for high-performance networks to enable customers to build scalable, reliable, secure, and cost-effective networks for their businesses, while achieving agility and improved operating efficiency through automation. The company's high-performance network and service offerings include routing, switching, Wi-Fi, network security, artificial intelligence (AI) or AI-enabled enterprise networking operations (AIOps), and software-defined networking (SDN) technologies. In addition to the company's products, the company offers its customers a variety of services, including maintenance and support, professional services, Software-as-a-Service ("SaaS"), and education and training programs.

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