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Icon (ICLR) Cyclically Adjusted PS Ratio : 2.07 (As of Jun. 22, 2025)


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What is Icon Cyclically Adjusted PS Ratio?

As of today (2025-06-22), Icon's current share price is $146.48. Icon's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was $70.66. Icon's Cyclically Adjusted PS Ratio for today is 2.07.

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

ICLR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.81   Med: 5.04   Max: 8.2
Current: 2.07

During the past years, Icon's highest Cyclically Adjusted PS Ratio was 8.20. The lowest was 1.81. And the median was 5.04.

ICLR's Cyclically Adjusted PS Ratio is ranked better than
50.76% of 132 companies
in the Medical Diagnostics & Research industry
Industry Median: 2.1 vs ICLR: 2.07

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.

Icon's adjusted revenue per share data for the three months ended in Mar. 2025 was $24.731. 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 $70.66 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Icon Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Icon'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.

Icon Cyclically Adjusted PS Ratio Chart

Icon Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.10 7.74 3.82 4.68 3.06

Icon Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 5.38 4.83 4.34 3.06 2.48

Competitive Comparison of Icon's Cyclically Adjusted PS Ratio

For the Diagnostics & Research subindustry, Icon'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.


Icon's Cyclically Adjusted PS Ratio Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Icon's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


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Icon 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=146.48/70.66
=2.07

* 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.

Icon's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Icon's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=24.731/123.4051*123.4051
=24.731

Current CPI (Mar. 2025) = 123.4051.

Icon Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 6.289 100.573 7.717
201509 6.539 100.274 8.047
201512 7.228 99.676 8.949
201603 7.121 99.676 8.816
201606 7.257 101.072 8.861
201609 7.418 100.274 9.129
201612 7.742 99.676 9.585
201703 7.801 100.374 9.591
201706 7.904 100.673 9.689
201709 8.042 100.474 9.877
201712 8.294 100.075 10.228
201803 11.278 100.573 13.838
201806 11.697 101.072 14.282
201809 11.931 101.371 14.524
201812 12.460 100.773 15.258
201903 12.464 101.670 15.129
201906 12.767 102.168 15.421
201909 13.023 102.268 15.715
201912 13.390 102.068 16.189
202003 13.266 102.367 15.992
202006 11.696 101.769 14.183
202009 13.192 101.072 16.107
202012 14.268 101.072 17.421
202103 16.098 102.367 19.406
202106 16.319 103.364 19.483
202109 23.107 104.859 27.194
202112 22.716 106.653 26.284
202203 23.020 109.245 26.004
202206 23.510 112.779 25.725
202209 23.547 113.504 25.601
202212 23.795 115.436 25.438
202303 23.952 117.609 25.132
202306 24.450 119.662 25.215
202309 24.768 120.749 25.313
202312 24.997 120.749 25.547
202403 25.110 120.990 25.611
202406 25.433 122.318 25.659
202409 24.327 121.594 24.689
202412 24.820 122.439 25.016
202503 24.731 123.405 24.731

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.


Icon  (NAS:ICLR) 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.


Icon Cyclically Adjusted PS Ratio Related Terms

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


Icon Business Description

Traded in Other Exchanges
Address
South County Business Park, Leopardstown, Dublin, IRL, D18 X5R3
Icon is a global late-stage contract research organization that provides drug development and clinical trial services to pharmaceutical, biotechnology, and medical-device firms. While the vast majority of its revenue comes from clinical research, Icon also offers ancillary services such as laboratory and imaging capabilities. The company is headquartered in Ireland.