GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Pitney Bowes Inc (FRA:PBW) » Definitions » Cyclically Adjusted PS Ratio

Pitney Bowes (FRA:PBW) Cyclically Adjusted PS Ratio : 0.24 (As of May. 22, 2024)


View and export this data going back to . Start your Free Trial

What is Pitney Bowes Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Pitney Bowes's current share price is €4.84. Pitney Bowes's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €20.42. Pitney Bowes's Cyclically Adjusted PS Ratio for today is 0.24.

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

FRA:PBW' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.4   Max: 1.06
Current: 0.24

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.

FRA:PBW's Cyclically Adjusted PS Ratio is ranked better than
85.52% of 739 companies
in the Transportation industry
Industry Median: 0.84 vs FRA:PBW: 0.24

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 €4.317. 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 €20.42 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
=4.84/20.42
=0.24

* 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)
=4.317/131.7762*131.7762
=4.317

Current CPI (Mar. 2024) = 131.7762.

Pitney Bowes Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.450 100.560 4.521
201409 3.582 100.428 4.700
201412 3.912 99.070 5.203
201503 4.061 99.621 5.372
201506 3.869 100.684 5.064
201509 3.854 100.392 5.059
201512 4.341 99.792 5.732
201603 3.926 100.470 5.149
201606 3.950 101.688 5.119
201609 4.005 101.861 5.181
201612 2.340 101.863 3.027
201703 4.186 102.862 5.363
201706 3.469 103.349 4.423
201709 3.277 104.136 4.147
201712 2.592 104.011 3.284
201803 3.864 105.290 4.836
201806 3.937 106.317 4.880
201809 3.458 106.507 4.278
201812 3.989 105.998 4.959
201903 3.784 107.251 4.649
201906 3.915 108.070 4.774
201909 4.191 108.329 5.098
201912 4.337 108.420 5.271
202003 4.216 108.902 5.102
202006 4.337 108.767 5.254
202009 4.334 109.815 5.201
202012 4.917 109.897 5.896
202103 4.447 111.754 5.244
202106 4.170 114.631 4.794
202109 4.148 115.734 4.723
202112 4.848 117.630 5.431
202203 4.728 121.301 5.136
202206 4.659 125.017 4.911
202209 4.742 125.227 4.990
202212 4.853 125.222 5.107
202303 4.464 127.348 4.619
202306 4.079 128.729 4.176
202309 4.170 129.860 4.232
202312 4.534 129.419 4.617
202403 4.317 131.776 4.317

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  (FRA:PBW) 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 (FRA:PBW) 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.