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NetScout Systems (NetScout Systems) Cyclically Adjusted PS Ratio : 1.51 (As of May. 16, 2024)


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What is NetScout Systems Cyclically Adjusted PS Ratio?

As of today (2024-05-16), NetScout Systems's current share price is $20.84. NetScout Systems's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $13.80. NetScout Systems's Cyclically Adjusted PS Ratio for today is 1.51.

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

NTCT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.41   Med: 2.72   Max: 7.14
Current: 1.48

During the past years, NetScout Systems's highest Cyclically Adjusted PS Ratio was 7.14. The lowest was 1.41. And the median was 2.72.

NTCT's Cyclically Adjusted PS Ratio is ranked better than
56.65% of 1444 companies
in the Software industry
Industry Median: 1.85 vs NTCT: 1.48

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.

NetScout Systems's adjusted revenue per share data for the three months ended in Dec. 2023 was $3.068. 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 $13.80 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


NetScout Systems Cyclically Adjusted PS Ratio Historical Data

The historical data trend for NetScout Systems'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.

NetScout Systems Cyclically Adjusted PS Ratio Chart

NetScout Systems Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.17 2.44 2.51 2.11 -

NetScout Systems 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 2.11 2.24 2.02 1.59 -

Competitive Comparison of NetScout Systems's Cyclically Adjusted PS Ratio

For the Software - Infrastructure subindustry, NetScout Systems'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.


NetScout Systems's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



NetScout Systems 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.

NetScout Systems's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=20.84/13.8
=1.51

* 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.

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

For example, NetScout Systems'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)
=3.068/129.4194*129.4194
=3.068

Current CPI (Dec. 2023) = 129.4194.

NetScout Systems Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.680 99.695 3.479
201406 2.580 100.560 3.320
201409 2.487 100.428 3.205
201412 2.957 99.070 3.863
201503 2.876 99.621 3.736
201506 2.435 100.684 3.130
201509 2.856 100.392 3.682
201512 3.114 99.792 4.039
201603 2.968 100.470 3.823
201606 2.881 101.688 3.667
201609 2.960 101.861 3.761
201612 3.270 101.863 4.155
201703 3.441 102.862 4.329
201706 2.476 103.349 3.101
201709 2.899 104.136 3.603
201712 3.061 104.011 3.809
201803 2.820 105.290 3.466
201806 2.552 106.317 3.107
201809 2.846 106.507 3.458
201812 3.163 105.998 3.862
201903 3.024 107.251 3.649
201906 2.406 108.070 2.881
201909 2.859 108.329 3.416
201912 3.481 108.420 4.155
202003 3.129 108.902 3.719
202006 2.542 108.767 3.025
202009 2.811 109.815 3.313
202012 3.096 109.897 3.646
202103 2.867 111.754 3.320
202106 2.576 114.631 2.908
202109 2.822 115.734 3.156
202112 3.501 117.630 3.852
202203 2.535 121.301 2.705
202206 2.882 125.017 2.983
202209 3.129 125.227 3.234
202212 3.690 125.222 3.814
202303 2.875 127.348 2.922
202306 2.951 128.729 2.967
202309 2.703 129.860 2.694
202312 3.068 129.419 3.068

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.


NetScout Systems  (NAS:NTCT) 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.


NetScout Systems Cyclically Adjusted PS Ratio Related Terms

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


NetScout Systems (NetScout Systems) Business Description

Industry
Traded in Other Exchanges
Address
310 Littleton Road, Westford, MA, USA, 01886-4105
NetScout Systems Inc is a provider of service assurance and cybersecurity solutions to enterprise and government networks. It bases its solutions on proprietary adaptive service intelligence technology, which helps customers monitor and identify performance issues and provides insight into network-based security threats. These solutions also deliver real-time and historical information, which provides insight to restore service and understand the quality of user experience. The company derives revenue primarily from the sale of network management tools and security solutions. Its geographical regions include USA, Europe, Asia, and Rest of the World.
Executives
Michael Szabados officer: Chief Operating Officer 271 MATTISON DRIVE, CONCORD MA 01742
John Downing officer: SVP, Worldwide Sales Operation 310 LITTLETON ROAD, WESTFORD MA 01886
Hadzima Joseph G Jr director ONE BROADWAY, STE 1300, CAMBRIDGE MA 02142
Jean A Bua officer: See Remarks
Marlene Pelage director C/O NETSCOUT SYSTEMS, INC., 310 LITTLETON ROAD, WESTFORD MA 01886
Shannon Nash director C/O USERTESTING, INC., 144 TOWNSEND STREET, SAN FRANCISCO CA 94107
Vivian M Vitale director
Vincent J Mullarkey director 2 WINGATE LANE, ACTON MA 01720
Susan Louise Spradley director C/O NORTEL NETWORKS, 8200 DIXIE ROAD STE 100, BRAMPTON ONTARIO A6 L6T 5PT
Alfred Grasso director C/O NETSCOUT SYSTEMS, INC., 310 LITTLETON ROAD, WESTFORD MA 01886
Victor Demarines director
Christopher Perretta director C/O STATE STREET CORPORATION, ONE LINCOLN STREET, BOSTON MA 02111
John R Egan director 176 SOUTH ST., HOPKINTON MA 01748
Robert E Donahue director
Anil K Singhal director, officer: Chief Executive Officer C/O NETSCOUT SYTEMS INC, 310 LITTLETON ROAD, WESTFORD MA 01886