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Acacia Research (Acacia Research) Cyclically Adjusted PS Ratio : 2.72 (As of May. 22, 2024)


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What is Acacia Research Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Acacia Research's current share price is $5.68. Acacia Research's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $2.09. Acacia Research's Cyclically Adjusted PS Ratio for today is 2.72.

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

ACTG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.83   Max: 10.29
Current: 2.64

During the past years, Acacia Research's highest Cyclically Adjusted PS Ratio was 10.29. The lowest was 0.70. And the median was 1.83.

ACTG's Cyclically Adjusted PS Ratio is ranked worse than
68.97% of 2195 companies
in the Industrial Products industry
Industry Median: 1.43 vs ACTG: 2.64

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.

Acacia Research's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.244. 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 $2.09 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Acacia Research Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Acacia Research'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.

Acacia Research Cyclically Adjusted PS Ratio Chart

Acacia Research 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 0.85 1.42 1.97 1.90 1.90

Acacia Research 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 1.88 2.05 1.81 1.90 2.55

Competitive Comparison of Acacia Research's Cyclically Adjusted PS Ratio

For the Business Equipment & Supplies subindustry, Acacia Research'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.


Acacia Research's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Acacia Research's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Acacia Research 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.

Acacia Research's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.68/2.09
=2.72

* 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.

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

For example, Acacia Research'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)
=0.244/131.7762*131.7762
=0.244

Current CPI (Mar. 2024) = 131.7762.

Acacia Research Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.032 100.560 1.352
201409 0.762 100.428 1.000
201412 0.634 99.070 0.843
201503 0.695 99.621 0.919
201506 0.816 100.684 1.068
201509 0.262 100.392 0.344
201512 0.754 99.792 0.996
201603 0.495 100.470 0.649
201606 0.827 101.688 1.072
201609 1.277 101.861 1.652
201612 0.437 101.863 0.565
201703 0.176 102.862 0.225
201706 0.326 103.349 0.416
201709 0.724 104.136 0.916
201712 0.068 104.011 0.086
201803 1.226 105.290 1.534
201806 0.130 106.317 0.161
201809 0.277 106.507 0.343
201812 0.991 105.998 1.232
201903 0.068 107.251 0.084
201906 0.110 108.070 0.134
201909 0.034 108.329 0.041
201912 0.013 108.420 0.016
202003 0.076 108.902 0.092
202006 0.043 108.767 0.052
202009 0.215 109.815 0.258
202012 0.089 109.897 0.107
202103 0.119 111.754 0.140
202106 0.209 114.631 0.240
202109 0.017 115.734 0.019
202112 1.293 117.630 1.449
202203 0.290 121.301 0.315
202206 0.380 125.017 0.401
202209 0.223 125.227 0.235
202212 0.317 125.222 0.334
202303 0.166 127.348 0.172
202306 0.135 128.729 0.138
202309 0.102 129.860 0.104
202312 0.923 129.419 0.940
202403 0.244 131.776 0.244

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.


Acacia Research  (NAS:ACTG) 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.


Acacia Research Cyclically Adjusted PS Ratio Related Terms

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


Acacia Research (Acacia Research) Business Description

Traded in Other Exchanges
Address
767 Third Avenue, 6th Floor, New York, NY, USA, 10017
Acacia Research Corp is engaged in the acquisition, development, and patents technologies through its subsidiaries. It assists patent owners with the prosecution and development of their patent portfolios; protection of their patented inventions from unauthorized use; generation of licensing revenue from users of their patented technologies; and enforcement against unauthorized users of their patented technologies. It has two segments Intellectual Property Operations and Industrial Operations.
Executives
Jason W. Soncini officer: General Counsel 767 THIRD AVENUE, SUITE 602, NEW YORK NY 10017
Mcnulty Martin D. Jr. officer: COO & Head of M&A C/O STARBOARD VALUE ACQUISITION CORP., 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Geoffrey G Ribar director
Kirsten Hoover officer: Controller 4 PARK PLAZA, SUITE 550, IRVINE CA 92614
Robert Rasamny officer: Chief Administrative Officer 767 THIRD AVENUE, 6TH FLOOR, NEW YORK NY 10017
Starboard Value & Opportunity Master Fund Ltd other: See Footnote 2 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Peter A Feld 10 percent owner, other: See Footnote 2 201 E LAS OLAS BOULEVARD, SUITE 1000, FORT LAUDERDALE FL 33301
Starboard Value Lp 10 percent owner, other: See Footnote 2 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Value Gp Llc 10 percent owner, other: See Footnote 2 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Principal Co Lp 10 percent owner, other: See Footnote 2 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Principal Co Gp Llc 10 percent owner, other: See Footnote 2 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Value & Opportunity S Llc other: See Footnote 2 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Value & Opportunity C Lp other: See Footnote 2 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Value R Lp other: See Footnote 2 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Value R Gp Llc other: See Footnote 2 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017