GURUFOCUS.COM » STOCK LIST » Technology » Software » Constellation Software Inc (TSX:CSU) » Definitions » Cyclically Adjusted PS Ratio

Constellation Software (TSX:CSU) Cyclically Adjusted PS Ratio : (As of May. 13, 2024)


View and export this data going back to 2006. Start your Free Trial

What is Constellation Software Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Constellation Software Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Constellation Software'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.

Constellation Software Cyclically Adjusted PS Ratio Chart

Constellation Software 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 10.29 12.08 13.78 9.70 12.28

Constellation Software 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 11.18 11.39 11.01 12.28 -

Competitive Comparison of Constellation Software's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, Constellation Software'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.


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

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

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



Constellation Software 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.

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

For example, Constellation Software'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)
=150.357/125.4675*125.4675
=150.357

Current CPI (Mar. 2024) = 125.4675.

Constellation Software Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 21.256 99.473 26.811
201409 21.760 99.394 27.468
201412 23.926 98.367 30.518
201503 25.180 99.789 31.659
201506 25.878 100.500 32.307
201509 28.818 100.421 36.005
201512 33.102 99.947 41.554
201603 30.393 101.054 37.736
201606 32.166 102.002 39.566
201609 33.750 101.765 41.611
201612 35.487 101.449 43.889
201703 35.080 102.634 42.885
201706 37.647 103.029 45.846
201709 36.878 103.345 44.772
201712 41.430 103.345 50.299
201803 43.879 105.004 52.430
201806 46.574 105.557 55.359
201809 46.620 105.636 55.372
201812 52.750 105.399 62.794
201903 51.674 106.979 60.604
201906 53.113 107.690 61.881
201909 54.296 107.611 63.305
201912 59.345 107.769 69.091
202003 62.778 107.927 72.981
202006 58.961 108.401 68.243
202009 62.554 108.164 72.561
202012 65.943 108.559 76.214
202103 69.749 110.298 79.342
202106 71.964 111.720 80.820
202109 77.669 112.905 86.311
202112 83.594 113.774 92.186
202203 85.487 117.646 91.171
202206 97.758 120.806 101.530
202209 108.578 120.648 112.915
202212 118.465 120.964 122.876
202303 123.839 122.702 126.630
202306 127.832 124.203 129.133
202309 135.744 125.230 136.001
202312 146.935 125.468 146.935
202403 150.357 125.468 150.357

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.


Constellation Software  (TSX:CSU) 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.


Constellation Software Cyclically Adjusted PS Ratio Related Terms

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


Constellation Software (TSX:CSU) Business Description

Traded in Other Exchanges
Address
20 Adelaide Street East, Suite 1200, Toronto, ON, CAN, M5C 2T6
Constellation Software Inc is a Canada-based company that develops and customizes software for public- and private-sector markets. The firm acquires, manages, and builds vertical-specific businesses. The portfolio companies serve various markets including communications, credit unions, beverage distribution, tour operators, auto clubs, textiles and apparel, hospitality, and community care. The firm has operations in Canada; USA; UK/Europe and Other.
Executives
Claire Marie Catherine Kennedy Director
Lawrence Cunningham Director

Constellation Software (TSX:CSU) Headlines

No Headlines