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Pitney Bowes (BUE:PBI) Cyclically Adjusted PS Ratio : 0.20 (As of May. 24, 2024)


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What is Pitney Bowes Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Pitney Bowes's current share price is ARS94.70. Pitney Bowes's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ARS481.15. Pitney Bowes's Cyclically Adjusted PS Ratio for today is 0.20.

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

BUE:PBI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.4   Max: 1.06
Current: 0.23

During the past years, Pitney Bowes's highest Cyclically Adjusted PS Ratio was 1.06. The lowest was 0.09. And the median was 0.40.

BUE:PBI's Cyclically Adjusted PS Ratio is ranked better than
86.2% of 739 companies
in the Transportation industry
Industry Median: 0.83 vs BUE:PBI: 0.23

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.

Pitney Bowes's adjusted revenue per share data for the three months ended in Mar. 2024 was ARS11,859.588. 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 ARS481.15 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pitney Bowes Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Pitney Bowes'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.

Pitney Bowes Cyclically Adjusted PS Ratio Chart

Pitney Bowes 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 0.20 0.31 0.32 0.18 0.20

Pitney Bowes 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 0.18 0.16 0.14 0.20 0.20

Competitive Comparison of Pitney Bowes's Cyclically Adjusted PS Ratio

For the Integrated Freight & Logistics subindustry, Pitney Bowes'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.


Pitney Bowes's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Pitney Bowes's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Pitney Bowes 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.

Pitney Bowes's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=94.70/481.15
=0.20

* 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.

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

For example, Pitney Bowes'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)
=11859.588/131.7762*131.7762
=11,859.588

Current CPI (Mar. 2024) = 131.7762.

Pitney Bowes Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 114.257 100.560 149.726
201409 116.601 100.428 152.998
201412 123.749 99.070 164.603
201503 116.275 99.621 153.806
201506 118.383 100.684 154.941
201509 122.014 100.392 160.158
201512 183.624 99.792 242.476
201603 191.545 100.470 251.229
201606 186.113 101.688 241.181
201609 201.125 101.861 260.193
201612 117.370 101.863 151.837
201703 207.065 102.862 265.270
201706 192.815 103.349 245.851
201709 205.310 104.136 259.805
201712 175.729 104.011 222.639
201803 288.007 105.290 360.458
201806 344.137 106.317 426.547
201809 445.467 106.507 551.157
201812 513.270 105.998 638.095
201903 501.369 107.251 616.020
201906 592.873 108.070 722.929
201909 774.327 108.329 941.922
201912 864.170 108.420 1,050.331
202003 867.526 108.902 1,049.749
202006 1,003.074 108.767 1,215.267
202009 1,137.023 109.815 1,364.410
202012 1,460.501 109.897 1,751.273
202103 1,430.794 111.754 1,687.134
202106 1,427.782 114.631 1,641.328
202109 1,431.390 115.734 1,629.795
202112 1,659.679 117.630 1,859.280
202203 1,677.103 121.301 1,821.933
202206 1,777.708 125.017 1,873.825
202209 1,957.238 125.227 2,059.607
202212 2,585.662 125.222 2,721.002
202303 2,832.259 127.348 2,930.748
202306 3,182.027 128.729 3,257.358
202309 4,672.465 129.860 4,741.430
202312 5,354.748 129.419 5,452.261
202403 11,859.588 131.776 11,859.588

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.


Pitney Bowes  (BUE:PBI) 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.


Pitney Bowes Cyclically Adjusted PS Ratio Related Terms

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


Pitney Bowes (BUE:PBI) Business Description

Traded in Other Exchanges
Address
3001 Summer Street, Stamford, CT, USA, 06926
Pitney Bowes is a Global technology company that offers e-commerce solutions to its clients. The company provides various products and services such as domestic delivery, return and fulfillment, cross-border shipping solutions, sorting services for large volumes of postal mails, technological solutions to enable digital mailing, shipping, and other services. The company operates through three business segments: Global e-commerce, presort services, and SendTech Solutions. The company generates majority of its revenue from United States.