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Moody's (BSP:MCOR34) Cyclically Adjusted PS Ratio : 14.20 (As of May. 26, 2024)


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What is Moody's Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Moody's's current share price is R$527.04. Moody's's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$37.12. Moody's's Cyclically Adjusted PS Ratio for today is 14.20.

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

BSP:MCOR34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.96   Med: 11.16   Max: 18.09
Current: 13.91

During the past years, Moody's's highest Cyclically Adjusted PS Ratio was 18.09. The lowest was 6.96. And the median was 11.16.

BSP:MCOR34's Cyclically Adjusted PS Ratio is ranked worse than
86.7% of 564 companies
in the Capital Markets industry
Industry Median: 3.235 vs BSP:MCOR34: 13.91

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.

Moody's's adjusted revenue per share data for the three months ended in Mar. 2024 was R$12.124. 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 R$37.12 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Moody's Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Moody's'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.

Moody's Cyclically Adjusted PS Ratio Chart

Moody's 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 13.49 14.76 16.83 10.66 13.70

Moody's 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 11.35 12.58 11.19 13.70 13.31

Competitive Comparison of Moody's's Cyclically Adjusted PS Ratio

For the Financial Data & Stock Exchanges subindustry, Moody's'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.


Moody's's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Moody's's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Moody's 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=527.04/37.12
=14.20

* 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.

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

For example, Moody's'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)
=12.124/131.7762*131.7762
=12.124

Current CPI (Mar. 2024) = 131.7762.

Moody's Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.264 100.560 2.967
201409 2.227 100.428 2.922
201412 2.753 99.070 3.662
201503 3.292 99.621 4.355
201506 3.494 100.684 4.573
201509 4.023 100.392 5.281
201512 4.198 99.792 5.543
201603 3.812 100.470 5.000
201606 4.060 101.688 5.261
201609 3.839 101.861 4.966
201612 4.080 101.863 5.278
201703 3.924 102.862 5.027
201706 4.253 103.349 5.423
201709 4.288 104.136 5.426
201712 4.936 104.011 6.254
201803 4.749 105.290 5.944
201806 5.699 106.317 7.064
201809 5.708 106.507 7.062
201812 5.296 105.998 6.584
201903 5.687 107.251 6.987
201906 6.117 108.070 7.459
201909 6.683 108.329 8.129
201912 6.624 108.420 8.051
202003 8.311 108.902 10.057
202006 9.848 108.767 11.931
202009 9.670 109.815 11.604
202012 8.765 109.897 10.510
202103 11.951 111.754 14.092
202106 10.390 114.631 11.944
202109 10.752 115.734 12.242
202112 11.598 117.630 12.993
202203 10.175 121.301 11.054
202206 9.425 125.017 9.935
202209 9.089 125.227 9.564
202212 9.189 125.222 9.670
202303 10.397 127.348 10.759
202306 9.847 128.729 10.080
202309 9.877 129.860 10.023
202312 9.869 129.419 10.049
202403 12.124 131.776 12.124

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.


Moody's  (BSP:MCOR34) 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.


Moody's Cyclically Adjusted PS Ratio Related Terms

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


Moody's (BSP:MCOR34) Business Description

Traded in Other Exchanges
Address
7 World Trade Center at 250 Greenwich Street, New York, NY, USA, 10007
Moody's, along with S&P Ratings, is a leading provider of credit ratings on fixed-income securities. The ratings segment, Moody's Investors Service, includes corporates, structured finance, financial institutions, and public finance ratings. MIS represents a majority of the firm's revenue and profits. The other segment, Moody's Analytics, consists of research, data, and analytics as well as enterprise risk solutions. RD&A's products include credit research, quantitative credit scores, economic research, business intelligence, know-your-customer tools, commercial real estate data and analytical tools, and training services. ERS includes risk-management software solutions for financial institutions.

Moody's (BSP:MCOR34) Headlines

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