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Maximus (FRA:MMY) Cyclically Adjusted PS Ratio : 1.43 (As of May. 26, 2024)


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What is Maximus Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Maximus's current share price is €79.00. Maximus's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €55.11. Maximus's Cyclically Adjusted PS Ratio for today is 1.43.

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

FRA:MMY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.13   Med: 2.71   Max: 4.77
Current: 1.42

During the past years, Maximus's highest Cyclically Adjusted PS Ratio was 4.77. The lowest was 1.13. And the median was 2.71.

FRA:MMY's Cyclically Adjusted PS Ratio is ranked worse than
64.5% of 693 companies
in the Business Services industry
Industry Median: 0.88 vs FRA:MMY: 1.42

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.

Maximus's adjusted revenue per share data for the three months ended in Mar. 2024 was €20.131. 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 €55.11 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Maximus Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Maximus'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.

Maximus Cyclically Adjusted PS Ratio Chart

Maximus Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.69 2.06 2.06 1.17 1.31

Maximus 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 1.48 1.54 1.31 1.45 1.39

Competitive Comparison of Maximus's Cyclically Adjusted PS Ratio

For the Specialty Business Services subindustry, Maximus'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.


Maximus's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Maximus's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Maximus 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=79.00/55.11
=1.43

* 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.

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

For example, Maximus'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)
=20.131/131.7762*131.7762
=20.131

Current CPI (Mar. 2024) = 131.7762.

Maximus Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.477 100.560 5.867
201409 4.951 100.428 6.496
201412 5.662 99.070 7.531
201503 6.646 99.621 8.791
201506 7.600 100.684 9.947
201509 7.470 100.392 9.805
201512 7.710 99.792 10.181
201603 8.242 100.470 10.810
201606 8.297 101.688 10.752
201609 8.372 101.861 10.831
201612 8.724 101.863 11.286
201703 8.819 102.862 11.298
201706 8.087 103.349 10.311
201709 7.870 104.136 9.959
201712 7.957 104.011 10.081
201803 7.499 105.290 9.385
201806 7.763 106.317 9.622
201809 7.325 106.507 9.063
201812 8.991 105.998 11.178
201903 10.083 107.251 12.389
201906 9.986 108.070 12.177
201909 10.566 108.329 12.853
201912 11.372 108.420 13.822
202003 11.546 108.902 13.971
202006 12.888 108.767 15.614
202009 12.592 109.815 15.110
202012 12.509 109.897 14.999
202103 12.935 111.754 15.252
202106 16.526 114.631 18.998
202109 15.029 115.734 17.112
202112 16.311 117.630 18.273
202203 17.137 121.301 18.617
202206 17.245 125.017 18.177
202209 19.391 125.227 20.405
202212 19.271 125.222 20.280
202303 18.363 127.348 19.002
202306 17.827 128.729 18.249
202309 19.135 129.860 19.417
202312 19.776 129.419 20.136
202403 20.131 131.776 20.131

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.


Maximus  (FRA:MMY) 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.


Maximus Cyclically Adjusted PS Ratio Related Terms

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


Maximus (FRA:MMY) Business Description

Industry
Traded in Other Exchanges
Address
1600 Tysons Boulevard, McLean, VA, USA, 22102
Maximus Inc is an operator of government health and human services programs in the United States, United Kingdom, Canada, Australia, and Saudi Arabia. The company offers business solutions to improve the cost-effectiveness, efficiency, and quality of government-sponsored benefit programs, such as Medicaid, Medicare, Health Insurance BC, and child support programmes. Most of its revenue is derived from long-term contractual arrangements with governments around the world. The company generates maximum revenue from the U.S. Federal Services segment.

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