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Akamai Technologies (WBO:AKAM) Cyclically Adjusted PS Ratio : 5.27 (As of Apr. 27, 2024)


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What is Akamai Technologies Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Akamai Technologies's current share price is €95.39. Akamai Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €18.11. Akamai Technologies's Cyclically Adjusted PS Ratio for today is 5.27.

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

WBO:AKAM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.98   Med: 7.51   Max: 12.84
Current: 5.09

During the past years, Akamai Technologies's highest Cyclically Adjusted PS Ratio was 12.84. The lowest was 3.98. And the median was 7.51.

WBO:AKAM's Cyclically Adjusted PS Ratio is ranked worse than
77.34% of 1412 companies
in the Software industry
Industry Median: 1.87 vs WBO:AKAM: 5.09

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.

Akamai Technologies's adjusted revenue per share data for the three months ended in Dec. 2023 was €5.811. 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 €18.11 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Akamai Technologies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Akamai Technologies'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.

Akamai Technologies Cyclically Adjusted PS Ratio Chart

Akamai Technologies 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 7.22 7.81 7.43 4.66 5.92

Akamai Technologies 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 4.66 4.19 4.67 5.39 5.92

Competitive Comparison of Akamai Technologies's Cyclically Adjusted PS Ratio

For the Software - Infrastructure subindustry, Akamai Technologies'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.


Akamai Technologies's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



Akamai Technologies 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.

Akamai Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=95.39/18.11
=5.27

* 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.

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

For example, Akamai Technologies'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)
=5.811/129.4194*129.4194
=5.811

Current CPI (Dec. 2023) = 129.4194.

Akamai Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.801 99.695 2.338
201406 1.937 100.560 2.493
201409 2.136 100.428 2.753
201412 2.404 99.070 3.140
201503 2.691 99.621 3.496
201506 2.666 100.684 3.427
201509 2.722 100.392 3.509
201512 2.958 99.792 3.836
201603 2.872 100.470 3.700
201606 2.886 101.688 3.673
201609 2.963 101.861 3.765
201612 3.375 101.863 4.288
201703 3.204 102.862 4.031
201706 3.109 103.349 3.893
201709 3.055 104.136 3.797
201712 3.259 104.011 4.055
201803 3.153 105.290 3.876
201806 3.293 106.317 4.009
201809 3.418 106.507 4.153
201812 3.811 105.998 4.653
201903 3.794 107.251 4.578
201906 3.781 108.070 4.528
201909 3.917 108.329 4.680
201912 4.239 108.420 5.060
202003 4.226 108.902 5.022
202006 4.283 108.767 5.096
202009 4.042 109.815 4.764
202012 4.194 109.897 4.939
202103 4.272 111.754 4.947
202106 4.257 114.631 4.806
202109 4.397 115.734 4.917
202112 4.858 117.630 5.345
202203 5.014 121.301 5.350
202206 5.284 125.017 5.470
202209 5.600 125.227 5.788
202212 5.562 125.222 5.748
202303 5.478 127.348 5.567
202306 5.628 128.729 5.658
202309 5.837 129.860 5.817
202312 5.811 129.419 5.811

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.


Akamai Technologies  (WBO:AKAM) 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.


Akamai Technologies Cyclically Adjusted PS Ratio Related Terms

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


Akamai Technologies (WBO:AKAM) Business Description

Address
145 Broadway, Cambridge, MA, USA, 02142
Akamai operates a content delivery network, or CDN, which entails locating servers at the edges of networks so its customers, which store content on Akamai servers, can reach their own customers faster, more securely, and with better quality. Akamai has over 325,000 servers distributed over 4,100 points of presence in more than 1,000 cities worldwide. Its customers generally include media companies, which stream video content or make video games available for download, and other enterprises that run interactive or high-traffic websites, such as e-commerce firms and financial institutions. Akamai also has a significant security business, which is integrated with its core delivery and computing businesses to protect customers from cyberthreats.