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Forrester Research (FRA:FFR) Cyclically Adjusted PS Ratio : 0.73 (As of Apr. 28, 2024)


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What is Forrester Research Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Forrester Research's current share price is €17.10. Forrester Research's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €23.35. Forrester Research's Cyclically Adjusted PS Ratio for today is 0.73.

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

FRA:FFR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.74   Med: 2.66   Max: 3.74
Current: 0.74

During the past years, Forrester Research's highest Cyclically Adjusted PS Ratio was 3.74. The lowest was 0.74. And the median was 2.66.

FRA:FFR's Cyclically Adjusted PS Ratio is ranked better than
55.6% of 678 companies
in the Business Services industry
Industry Median: 0.89 vs FRA:FFR: 0.74

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.

Forrester Research's adjusted revenue per share data for the three months ended in Dec. 2023 was €5.606. 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 €23.35 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Forrester Research Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Forrester Research'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.

Forrester Research Cyclically Adjusted PS Ratio Chart

Forrester Research 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 2.36 2.21 2.74 1.49 1.05

Forrester Research 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 1.49 1.32 1.16 1.14 1.05

Competitive Comparison of Forrester Research's Cyclically Adjusted PS Ratio

For the Consulting Services subindustry, Forrester Research'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.


Forrester Research's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Forrester Research's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Forrester Research 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.

Forrester Research's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.10/23.35
=0.73

* 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.

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

For example, Forrester Research'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)
=5.606/129.4194*129.4194
=5.606

Current CPI (Dec. 2023) = 129.4194.

Forrester Research Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.694 99.695 3.497
201406 3.206 100.560 4.126
201409 3.153 100.428 4.063
201412 3.533 99.070 4.615
201503 3.847 99.621 4.998
201506 4.039 100.684 5.192
201509 3.687 100.392 4.753
201512 4.158 99.792 5.392
201603 3.878 100.470 4.995
201606 4.308 101.688 5.483
201609 3.742 101.861 4.754
201612 4.259 101.863 5.411
201703 3.894 102.862 4.899
201706 4.424 103.349 5.540
201709 3.736 104.136 4.643
201712 4.168 104.011 5.186
201803 3.496 105.290 4.297
201806 4.509 106.317 5.489
201809 3.947 106.507 4.796
201812 4.694 105.998 5.731
201903 4.851 107.251 5.854
201906 6.041 108.070 7.234
201909 5.317 108.329 6.352
201912 6.005 108.420 7.168
202003 5.145 108.902 6.114
202006 5.354 108.767 6.371
202009 4.885 109.815 5.757
202012 5.181 109.897 6.101
202103 4.955 111.754 5.738
202106 5.511 114.631 6.222
202109 5.179 115.734 5.791
202112 6.108 117.630 6.720
202203 5.890 121.301 6.284
202206 7.315 125.017 7.573
202209 6.738 125.227 6.964
202212 6.761 125.222 6.988
202303 5.556 127.348 5.646
202306 6.499 128.729 6.534
202309 5.510 129.860 5.491
202312 5.606 129.419 5.606

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.


Forrester Research  (FRA:FFR) 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.


Forrester Research Cyclically Adjusted PS Ratio Related Terms

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


Forrester Research (FRA:FFR) Business Description

Traded in Other Exchanges
Address
60 Acorn Park Drive, Cambridge, MA, USA, 02140
Forrester Research Inc is a United States-based company that provides independent research, data, and advisory services. It operates through the following segments: The Research segment develops and delivers research, connect, and analytics products; The consulting segment includes the revenues and the related costs of the company's consulting organization, and the Events segment is engaged in developing and hosting in-person and virtual events.

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