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PC Connection (PC Connection) Cyclically Adjusted PS Ratio : (As of May. 03, 2024)


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What is PC Connection Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


PC Connection Cyclically Adjusted PS Ratio Historical Data

The historical data trend for PC Connection'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.

PC Connection Cyclically Adjusted PS Ratio Chart

PC Connection 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 0.50 0.46 0.39 0.39 0.55

PC Connection 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 0.37 0.37 0.43 0.55 -

Competitive Comparison of PC Connection's Cyclically Adjusted PS Ratio

For the Electronics & Computer Distribution subindustry, PC Connection'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.


PC Connection's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



PC Connection 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.

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

For example, PC Connection'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)
=23.828/129.4194*129.4194
=23.828

Current CPI (Mar. 2024) = 129.4194.

PC Connection Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 23.908 100.560 30.769
201409 24.113 100.428 31.074
201412 23.754 99.070 31.031
201503 21.858 99.621 28.396
201506 23.581 100.684 30.311
201509 25.572 100.392 32.966
201512 25.419 99.792 32.966
201603 21.461 100.470 27.645
201606 25.333 101.688 32.242
201609 26.499 101.861 33.668
201612 27.467 101.863 34.898
201703 24.961 102.862 31.405
201706 27.881 103.349 34.914
201709 27.110 104.136 33.692
201712 28.331 104.011 35.252
201803 23.216 105.290 28.537
201806 26.345 106.317 32.070
201809 24.478 106.507 29.744
201812 26.507 105.998 32.364
201903 23.861 107.251 28.793
201906 27.971 108.070 33.497
201909 27.547 108.329 32.910
201912 27.010 108.420 32.241
202003 26.943 108.902 32.019
202006 20.929 108.767 24.903
202009 24.809 109.815 29.238
202012 25.659 109.897 30.217
202103 24.161 111.754 27.980
202106 26.714 114.631 30.160
202109 28.495 115.734 31.864
202112 30.344 117.630 33.385
202203 29.856 121.301 31.854
202206 31.348 125.017 32.452
202209 29.321 125.227 30.303
202212 27.665 125.222 28.592
202303 27.521 127.348 27.969
202306 27.823 128.729 27.972
202309 26.219 129.860 26.130
202312 26.284 129.419 26.284
202403 23.828 129.419 23.828

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.


PC Connection  (NAS:CNXN) 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.


PC Connection Cyclically Adjusted PS Ratio Related Terms

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


PC Connection (PC Connection) Business Description

Industry
Traded in Other Exchanges
Address
730 Milford Road, Merrimack, NH, USA, 03054-4631
PC Connection Inc is a provider of information technology solutions. It provides products such as computer systems, software and peripheral equipment, networking communications, and other products and accessories that company purchase from manufacturers and distributors. The company also offers services involving design, configuration, and implementation of IT solutions. It conducts business operations through three business segments namely Business Solutions, Enterprise Solutions, and Public Sector Solutions. The company generates maximum revenue Enterprise Solutions segment.
Executives
Thomas C Baker officer: Sr. VP, CFO & Treasurer 730 MILFORD ROAD, MERRIMACK NH 03054
Negrini David Beffa director, officer: VP, Corporate Communications PC CONNECTION, 730 MILFORD ROAD, MERRIMACK NH 03054
Timothy J Mcgrath officer: President & CEO PC CONNECTION, 730 MILFORD ROAD, MERRIMACK NH 03054
Jack L Ferguson officer: Treasurer & Interim CFO PC CONNECTION, INC., 730 MILFORD ROAD, MERRIMACK NH 03054
Barbara Duckett director 730 MILFORD ROAD, MERRIMACK NH 03054
Patricia Gallup director, 10 percent owner, officer: Chairman & Chief Admin Officer 730 MILFORD ROAD, MERRIMACK NH 03054
Pc Connection Inc 10 percent owner ROUTE 101A, 730 MILFORD RD, MERRIMACK NH 03054
Comack Trust 10 percent owner 450 MARLBORO STREET, KEENE NH 03431
Jay E Bothwick director C/O PC CONENCTION, 730 MILFORD ROAD, MERRIMACK NH 03054
Gary Kinyon director 730 MILFORD ROAD, MERRIMACK NH 03054
Estate Of David Mclellan Hall 10 percent owner C/O PC CONNECTION, 730 MILFORD ROAD, MERRIMACK NH 03054
Joseph A Baute director 730 MILFORD ROAD, MERRIMACK NH 03054
Stephen P Sarno officer: Sr. VP, Treasurer & CFO C/O SAPIENT CORPORATION, 25 FIRST STREET, CAMBRIDGE MA 02141
David Hall director, 10 percent owner, officer: Vice Chairman 730 MILFORD ROAD, MERRIMACK NH 03054
Glynn W Schulze officer: Interim CFO and VP C/O PC CONNECTION, INC., 730 MILFORD ROAD, MERRIMACK NH 03054

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