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BlackBerry (BlackBerry) Cyclically Adjusted PS Ratio : 1.19 (As of May. 03, 2024)


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What is BlackBerry Cyclically Adjusted PS Ratio?

As of today (2024-05-03), BlackBerry's current share price is $2.92. BlackBerry's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was $2.45. BlackBerry's Cyclically Adjusted PS Ratio for today is 1.19.

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

BB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.63   Max: 1.98
Current: 1.17

During the past years, BlackBerry's highest Cyclically Adjusted PS Ratio was 1.98. The lowest was 0.31. And the median was 0.63.

BB's Cyclically Adjusted PS Ratio is ranked better than
62.94% of 1433 companies
in the Software industry
Industry Median: 1.86 vs BB: 1.17

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.

BlackBerry's adjusted revenue per share data for the three months ended in Feb. 2024 was $0.294. 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 $2.45 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


BlackBerry Cyclically Adjusted PS Ratio Historical Data

The historical data trend for BlackBerry'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.

BlackBerry Cyclically Adjusted PS Ratio Chart

BlackBerry Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 1.23 1.25 1.11 1.14

BlackBerry Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 1.11 1.75 1.97 1.40 1.14

Competitive Comparison of BlackBerry's Cyclically Adjusted PS Ratio

For the Software - Infrastructure subindustry, BlackBerry'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.


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

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

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



BlackBerry 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.92/2.45
=1.19

* 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.

BlackBerry's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, BlackBerry's adjusted Revenue per Share data for the three months ended in Feb. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.294/125.4675*125.4675
=0.294

Current CPI (Feb. 2024) = 125.4675.

BlackBerry Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 1.468 99.394 1.853
201408 1.737 99.315 2.194
201411 1.502 99.078 1.902
201502 1.248 99.078 1.580
201505 0.981 100.263 1.228
201508 0.734 100.579 0.916
201511 1.044 100.421 1.304
201602 0.884 100.421 1.104
201605 0.766 101.765 0.944
201608 0.639 101.686 0.788
201611 0.549 101.607 0.678
201702 0.484 102.476 0.593
201705 0.432 103.108 0.526
201708 0.402 103.108 0.489
201711 0.424 103.740 0.513
201802 0.390 104.688 0.467
201805 0.397 105.399 0.473
201808 0.351 106.031 0.415
201811 0.376 105.478 0.447
201902 0.414 106.268 0.489
201905 0.403 107.927 0.468
201908 0.398 108.085 0.462
201911 0.434 107.769 0.505
202002 0.457 108.559 0.528
202005 0.369 107.532 0.431
202008 0.463 108.243 0.537
202011 0.388 108.796 0.447
202102 0.371 109.745 0.424
202105 0.307 111.404 0.346
202108 0.308 112.668 0.343
202111 0.291 113.932 0.320
202202 0.291 115.986 0.315
202205 0.263 120.016 0.275
202208 0.263 120.569 0.274
202211 0.264 121.675 0.272
202302 0.235 122.070 0.242
202305 0.640 124.045 0.647
202308 0.226 125.389 0.226
202311 0.274 125.468 0.274
202402 0.294 125.468 0.294

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.


BlackBerry  (NYSE:BB) 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.


BlackBerry Cyclically Adjusted PS Ratio Related Terms

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


BlackBerry (BlackBerry) Business Description

Industry
Address
2200 University Avenue East, Waterloo, ON, CAN, N2K 0A7
BlackBerry, once known for being the world's largest smartphone manufacturer, is now exclusively a software provider with a stated goal of end-to-end secure communication for enterprises. The firm provides endpoint management and protection to enterprises, specializing in regulated industries like government, as well as embedded software to the automotive, medical, and industrial markets.
Executives
Marjorie Dickman officer: Chief Gv Aff & Pub Pol Officer C/O BLACKBERRY LIMITED, 2200 UNIVERSITY AVENUE EAST, WATERLOO A6 N2K 0A7
John Joseph Giamatteo officer: President of Cyber Security
Mattias Eriksson officer: President of IoT C/O 2200 UNIVERSITY AVE EAST, WATERLOO A6 N2K OA7
Steve Rai officer: Chief Financial Officer C/O BLACKBERRY LIMITED, 2200 UNIVERSITY AVENUE EAST, WATERLOO A6 N2K 0A7
Philip S. Kurtz officer: CLO & Corp. Secretary C/O BLACKBERRY LIMITED, 2200 UNIVERSITY AVENUE EAST, WATERLOO A6 N2K 0A7
Nita C White-ivy officer: EVP, Human Resources 5000 HACIENDA DR, DUBLIN CA 94568
John S Chen director, officer: Executive Chairman & CEO C/O SYBASE INC, 5000 HACIENDA DR, DUBLIN CA 92563
Mark George Wilson officer: Chief Marketing Officer C/O BLACKBERRY LIMITED, 2200 UNIVERSITY AVENUE EAST, WATERLOO A6 N2K 0A7
Billy Ho officer: EVP, Ent. Products & VAS 5000 HACIENDA DR, DUBLIN CA 94568
Randall Cook officer: CLO & Corp. Secretary C/O BLACKBERRY LIMITED, 3001 BISHOP DRIVE, SUITE 400, SAN RAMON CA 10017
Thomas Eacobacci officer: President, BlackBerry C/O BLACKBERRY LIMITED, 2200 UNIVERSITY AVENUE EAST, WATERLOO Z4 A6 N2K 0A7
Steven M Capelli officer: Chief Revenue Officer 3993 HOWARD HUGHES PARKWAY, SUITE 780, LAS VEGAS NV 89169
David Castignola officer: Head of Spark Field Ops & Mktg C/O BLACKBERRY LIMITED, 2200 UNIVERSITY AVENUE EAST, WATERLOO A6 N2K 0A7
Barbara Stymiest director C/O BLACKBERRY LIMITED, 2200 UNIVERSITY AVENUE EAST, WATERLOO A6 N2K 0A7
Second 1109 Holdco Ltd. director, 10 percent owner 95 WELLINGTON ST W STE 800, TORONTO A6 M5J 2N7