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CGI (GIB) Cyclically Adjusted PS Ratio : 2.76 (As of May. 15, 2024)


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What is CGI Cyclically Adjusted PS Ratio?

As of today (2024-05-15), CGI's current share price is $102.34. CGI's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $37.11. CGI's Cyclically Adjusted PS Ratio for today is 2.76.

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

GIB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.15   Med: 2.77   Max: 3.51
Current: 2.77

During the past years, CGI's highest Cyclically Adjusted PS Ratio was 3.51. The lowest was 2.15. And the median was 2.77.

GIB's Cyclically Adjusted PS Ratio is ranked worse than
61.23% of 1442 companies
in the Software industry
Industry Median: 1.855 vs GIB: 2.77

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.

CGI's adjusted revenue per share data for the three months ended in Mar. 2024 was $11.848. 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 $37.11 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CGI Cyclically Adjusted PS Ratio Historical Data

The historical data trend for CGI'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.

CGI Cyclically Adjusted PS Ratio Chart

CGI Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.31 2.59 2.73 2.29 2.73

CGI 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 2.76 2.90 2.73 2.86 2.98

Competitive Comparison of CGI's Cyclically Adjusted PS Ratio

For the Information Technology Services subindustry, CGI'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.


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

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

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



CGI 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=102.34/37.11
=2.76

* 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.

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

For example, CGI'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)
=11.848/125.4675*125.4675
=11.848

Current CPI (Mar. 2024) = 125.4675.

CGI Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 7.732 99.473 9.753
201409 7.059 99.394 8.911
201412 6.885 98.367 8.782
201503 6.384 99.789 8.027
201506 6.415 100.500 8.009
201509 6.104 100.421 7.626
201512 6.188 99.947 7.768
201603 6.630 101.054 8.232
201606 6.694 102.002 8.234
201609 6.346 101.765 7.824
201612 6.486 101.449 8.022
201703 6.703 102.634 8.194
201706 7.093 103.029 8.638
201709 7.125 103.345 8.650
201712 7.566 103.345 9.186
201803 7.839 105.004 9.367
201806 7.792 105.557 9.262
201809 7.536 105.636 8.951
201812 7.835 105.399 9.327
201903 8.252 106.979 9.678
201906 8.465 107.690 9.862
201909 8.166 107.611 9.521
201912 8.493 107.769 9.888
202003 8.376 107.927 9.737
202006 8.617 108.401 9.974
202009 8.445 108.164 9.796
202012 9.052 108.559 10.462
202103 9.644 110.298 10.970
202106 9.908 111.720 11.127
202109 9.557 112.905 10.620
202112 9.789 113.774 10.795
202203 10.590 117.646 11.294
202206 10.569 120.806 10.977
202209 10.146 120.648 10.551
202212 10.607 120.964 11.002
202303 11.385 122.702 11.642
202306 11.513 124.203 11.630
202309 10.994 125.230 11.015
202312 11.482 125.468 11.482
202403 11.848 125.468 11.848

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.


CGI  (NYSE:GIB) 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.


CGI Cyclically Adjusted PS Ratio Related Terms

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


CGI (GIB) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » CGI Inc (NYSE:GIB) » Definitions » Cyclically Adjusted PS Ratio
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Address
1350 Rene-Levesque Boulevard West, 25th Floor, Montreal, QC, CAN, H3G 1T4
CGI Inc. is a Canada-based IT-services provider with an embedded position in North America and Europe. The company generates more than CAD 14 billion in annual revenue, employs over 90,000 personnel, and operates across 400 offices in 40 countries. CGI offers a broad portfolio of services such as consulting, systems integration, application maintenance, and business process services, or BPS. The company's largest vertical market is government, which contributes more than a third of group revenue.