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NetScout Systems (FRA:NSZ) Cyclically Adjusted PS Ratio : 1.34 (As of Jun. 10, 2024)


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What is NetScout Systems Cyclically Adjusted PS Ratio?

As of today (2024-06-10), NetScout Systems's current share price is €17.30. NetScout Systems's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €12.87. NetScout Systems's Cyclically Adjusted PS Ratio for today is 1.34.

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

FRA:NSZ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.34   Med: 2.71   Max: 7.14
Current: 1.34

During the past years, NetScout Systems's highest Cyclically Adjusted PS Ratio was 7.14. The lowest was 1.34. And the median was 2.71.

FRA:NSZ's Cyclically Adjusted PS Ratio is ranked better than
58.11% of 1461 companies
in the Software industry
Industry Median: 1.81 vs FRA:NSZ: 1.34

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.

NetScout Systems's adjusted revenue per share data for the three months ended in Mar. 2024 was €2.630. 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 €12.87 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


NetScout Systems Cyclically Adjusted PS Ratio Historical Data

The historical data trend for NetScout Systems'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.

NetScout Systems Cyclically Adjusted PS Ratio Chart

NetScout Systems Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.17 2.44 2.51 2.11 1.56

NetScout Systems 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 2.11 2.24 2.02 1.59 1.56

Competitive Comparison of NetScout Systems's Cyclically Adjusted PS Ratio

For the Software - Infrastructure subindustry, NetScout Systems'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.


NetScout Systems's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



NetScout Systems 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.

NetScout Systems's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.30/12.87
=1.34

* 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.

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

For example, NetScout Systems'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)
=2.63/131.7762*131.7762
=2.630

Current CPI (Mar. 2024) = 131.7762.

NetScout Systems Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.899 100.560 2.489
201409 1.930 100.428 2.532
201412 2.398 99.070 3.190
201503 2.657 99.621 3.515
201506 2.170 100.684 2.840
201509 2.545 100.392 3.341
201512 2.859 99.792 3.775
201603 2.665 100.470 3.495
201606 2.564 101.688 3.323
201609 2.637 101.861 3.411
201612 3.100 101.863 4.010
201703 3.217 102.862 4.121
201706 2.204 103.349 2.810
201709 2.433 104.136 3.079
201712 2.587 104.011 3.278
201803 2.287 105.290 2.862
201806 2.185 106.317 2.708
201809 2.439 106.507 3.018
201812 2.780 105.998 3.456
201903 2.676 107.251 3.288
201906 2.130 108.070 2.597
201909 2.596 108.329 3.158
201912 3.133 108.420 3.808
202003 2.831 108.902 3.426
202006 2.258 108.767 2.736
202009 2.386 109.815 2.863
202012 2.545 109.897 3.052
202103 2.408 111.754 2.839
202106 2.138 114.631 2.458
202109 2.399 115.734 2.732
202112 3.098 117.630 3.471
202203 2.302 121.301 2.501
202206 2.726 125.017 2.873
202209 3.160 125.227 3.325
202212 3.483 125.222 3.665
202303 2.686 127.348 2.779
202306 2.724 128.729 2.788
202309 2.533 129.860 2.570
202312 2.813 129.419 2.864
202403 2.630 131.776 2.630

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.


NetScout Systems  (FRA:NSZ) 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.


NetScout Systems Cyclically Adjusted PS Ratio Related Terms

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


NetScout Systems (FRA:NSZ) Business Description

Industry
Traded in Other Exchanges
Address
310 Littleton Road, Westford, MA, USA, 01886-4105
NetScout Systems Inc is a provider of service assurance and cybersecurity solutions to enterprise and government networks. It bases its solutions on proprietary adaptive service intelligence technology, which helps customers monitor and identify performance issues and provides insight into network-based security threats. These solutions also deliver real-time and historical information, which provides insight to restore service and understand the quality of user experience. The company derives revenue primarily from the sale of network management tools and security solutions. Its geographical regions include USA, Europe, Asia, and Rest of the World.

NetScout Systems (FRA:NSZ) Headlines

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