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Computer Task Group (Computer Task Group) Cyclically Adjusted PS Ratio : 0.37 (As of Apr. 29, 2024)


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What is Computer Task Group Cyclically Adjusted PS Ratio?

As of today (2024-04-29), Computer Task Group's current share price is $10.50. Computer Task Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 was $28.28. Computer Task Group's Cyclically Adjusted PS Ratio for today is 0.37.

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

CTG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.27   Max: 1.15
Current: 0.37

During the past years, Computer Task Group's highest Cyclically Adjusted PS Ratio was 1.15. The lowest was 0.13. And the median was 0.27.

CTG's Cyclically Adjusted PS Ratio is not ranked
in the Software industry.
Industry Median: 1.865 vs CTG: 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.

Computer Task Group's adjusted revenue per share data for the three months ended in Sep. 2023 was $4.784. 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 $28.28 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Computer Task Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Computer Task 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.

* Premium members only.

Computer Task Group Cyclically Adjusted PS Ratio Chart

Computer Task Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.20 0.24 0.36 0.27

Computer Task Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.24 0.27 0.26 0.27 0.37

Competitive Comparison of Computer Task Group's Cyclically Adjusted PS Ratio

For the Information Technology Services subindustry, Computer Task 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.


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

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

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



Computer Task 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.

Computer Task Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.50/28.28
=0.37

* 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.

Computer Task Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Computer Task Group's adjusted Revenue per Share data for the three months ended in Sep. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=4.784/129.8595*129.8595
=4.784

Current CPI (Sep. 2023) = 129.8595.

Computer Task Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 6.141 98.326 8.110
201403 5.907 99.695 7.694
201406 6.164 100.560 7.960
201409 5.988 100.428 7.743
201412 6.129 99.070 8.034
201503 6.120 99.621 7.978
201506 5.952 100.684 7.677
201509 5.866 100.392 7.588
201512 5.273 99.792 6.862
201603 5.530 100.470 7.148
201606 5.288 101.688 6.753
201609 4.988 101.861 6.359
201612 4.963 101.863 6.327
201703 4.991 102.862 6.301
201706 4.879 103.349 6.131
201709 4.834 104.136 6.028
201712 4.952 104.011 6.183
201803 5.407 105.290 6.669
201806 6.412 106.317 7.832
201809 6.414 106.507 7.820
201812 6.986 105.998 8.559
201903 7.055 107.251 8.542
201906 7.214 108.070 8.669
201909 6.921 108.329 8.297
201912 6.975 108.420 8.354
202003 6.074 108.902 7.243
202006 6.242 108.767 7.452
202009 6.156 109.815 7.280
202012 6.892 109.897 8.144
202103 6.500 111.754 7.553
202106 6.156 114.631 6.974
202109 6.065 115.734 6.805
202112 7.477 117.630 8.254
202203 5.970 121.301 6.391
202206 5.473 125.017 5.685
202209 4.948 125.227 5.131
202212 5.070 125.222 5.258
202303 5.096 127.348 5.197
202306 5.029 128.729 5.073
202309 4.784 129.860 4.784

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.


Computer Task Group  (NAS:CTG) 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.


Computer Task Group Cyclically Adjusted PS Ratio Related Terms

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


Computer Task Group (Computer Task Group) Business Description

Traded in Other Exchanges
N/A
Address
300 Corporate Parkway, Suite 214N, Amherst, NY, USA, 14226
Computer Task Group Inc is engaged in providing information technology services to its clients. The company divides its services into information technology solutions and information technology & other staffing. Its segments include North America IT Solutions and Services, Europe IT Solutions and Services, and Non-Strategic Technology Services. The firm derives most of its revenues from information technology & other staffing services. It mainly caters its services to technology service providers, financial services, healthcare, manufacturing, and energy industries. The geographical segments are the United States, Luxembourg, Belgium, and other countries.
Executives
Thomas J Niehaus officer: Executive Vice President 300 CORPORATE PARKWAY SUITE 214N, AMHERST NY 14226
Gyde Filip J L director, officer: President and CEO C/O COMPUTER TASK GROUP INC, 800 DELAWARE AVE, BUFFALO NY 14209
Raj Rajgopal director C/O VIRTUSA CORPORATION, 2000 WEST PARK DRIVE, WESTBOROUGH MA 01581
Helvey Iii James R director 300 CORPORATE PARKWAY SUITE 214N, AMHERST NY 14226
Kathryn A Stein director 300 CORPORATE PARKWAY SUITE 214N, AMHERST NY 14226
Daniel J Sullivan director
Valerie Rahmani director 300 CORPORATE PARKWAY SUITE 214N, AMHERST NY 14226
Owen J Sullivan director 5301 NORTH IRONWOOD ROAD, MILWAUKEE WI 53217
David H Klein director 300 CORPORATE PARKWAY SUITE 214N, AMHERST NY 14226
Jeffrey D Gerkin officer: Executive Vice President 800 DELAWARE AVENUE, BUFFALO NY 14209
John M Laubacker officer: Chief Financial Officer & SVP 300 CORPORATE PARKWAY SUITE 214N, AMHERST NY 14226
Peter P Radetich officer: Sr Vice President & Secretary 300 CORPORATE PARKWAY SUITE 214N, AMHERST NY 14226
Brendan M Harrington officer: Chief Financial Officer Sr VP 800 DELAWARE AVENUE, BUFFALO NY 14209
Cliff Bleustein director, officer: President & CEO 800 DELAWARE AVENUE, BUFFALO NY 14209
Alfred Hamilton officer: Vice President 800 DELAWARE AVENUE, BUFFALO NY 14209