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Market Leader, (FRA:HDT) Cyclically Adjusted PS Ratio : (As of May. 19, 2024)


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What is Market Leader, Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Market Leader, Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Market Leader,'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.

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Market Leader, Cyclically Adjusted PS Ratio Chart

Market Leader, Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Cyclically Adjusted PS Ratio
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Market Leader, Quarterly Data
Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13
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Competitive Comparison of Market Leader,'s Cyclically Adjusted PS Ratio

For the Software - Application subindustry, Market Leader,'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.


Market Leader,'s Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



Market Leader, 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.

Market Leader,'s Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec12 is calculated as:

For example, Market Leader,'s adjusted Revenue per Share data for the fiscal year that ended in Dec12 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec12 (Change)*Current CPI (Dec12)
=1.321/96.8711*96.8711
=1.321

Current CPI (Dec12) = 96.8711.

Market Leader, Annual Data

Revenue per Share CPI Adj_RevenuePerShare
200312 0.993 77.758 1.237
200412 1.622 80.290 1.957
200512 2.635 83.032 3.074
200612 2.844 85.142 3.236
200712 1.660 88.616 1.815
200812 1.169 88.697 1.277
200912 0.679 91.111 0.722
201012 0.749 92.474 0.785
201112 1.025 95.213 1.043
201212 1.321 96.871 1.321

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.


Market Leader,  (FRA:HDT) 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.


Market Leader, Cyclically Adjusted PS Ratio Related Terms

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Market Leader, (FRA:HDT) Business Description

Industry
Traded in Other Exchanges
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Address
Website
Market leader, Inc., founded in 1999 was incorporated in the State of Washington. The Company provides innovative online technology and marketing solutions for real estate professionals across the United States and Canada. The Company serves 125,000 real estate agents, brokerages and franchisors, offering complete end-to-end solutions that enable them to grow and manage their businesses. The Company's subscription-based real estate marketing software and services helps customers generate a steady stream of prospects, plus provide the systems and training they need to convert those prospects into clients. In addition, its consumer real estate sites, including www.realestate.com, give its customers access to millions of future home buyers and sellers. The Sales and marketing expenses consist mainly of advertising, as well as salaries, commissions and related expenses for its sales, marketing and customer support staff. Other expenses include credit card fees and corporate marketing and communications expenses. The Company's competitors include online companies focused on residential real estate, internet media companies, traditional real estate brokerage firms, discounted and non-traditional real estate brokerage firms, and traditional sellers of advertising to real estate professionals. Its business is subject to various laws and regulations relating to Internet commerce and telemarketing, as well as federal and state laws and regulations relating to real estate and mortgage matters.

Market Leader, (FRA:HDT) Headlines

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