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BlackBerry (FRA:RI1) Cyclically Adjusted PS Ratio : 1.23 (As of May. 10, 2024)


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What is BlackBerry Cyclically Adjusted PS Ratio?

As of today (2024-05-10), BlackBerry's current share price is €2.636. BlackBerry's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was €2.15. BlackBerry's Cyclically Adjusted PS Ratio for today is 1.23.

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

FRA:RI1' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.63   Max: 1.98
Current: 1.22

During the past years, BlackBerry's highest Cyclically Adjusted PS Ratio was 1.98. The lowest was 0.31. And the median was 0.63.

FRA:RI1's Cyclically Adjusted PS Ratio is ranked better than
62.55% of 1442 companies
in the Software industry
Industry Median: 1.86 vs FRA:RI1: 1.22

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.

BlackBerry's adjusted revenue per share data for the three months ended in Feb. 2024 was €0.273. 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 €2.15 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


BlackBerry Cyclically Adjusted PS Ratio Historical Data

The historical data trend for BlackBerry'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.

BlackBerry Cyclically Adjusted PS Ratio Chart

BlackBerry Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 1.23 1.25 1.11 1.14

BlackBerry Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 1.11 1.75 1.97 1.40 1.14

Competitive Comparison of BlackBerry's Cyclically Adjusted PS Ratio

For the Software - Infrastructure subindustry, BlackBerry'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.


BlackBerry's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



BlackBerry 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.636/2.15
=1.23

* 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.

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

For example, BlackBerry's adjusted Revenue per Share data for the three months ended in Feb. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.273/125.4675*125.4675
=0.273

Current CPI (Feb. 2024) = 125.4675.

BlackBerry Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 1.068 99.394 1.348
201408 1.305 99.315 1.649
201411 1.204 99.078 1.525
201502 1.100 99.078 1.393
201505 0.878 100.263 1.099
201508 0.659 100.579 0.822
201511 0.973 100.421 1.216
201602 0.798 100.421 0.997
201605 0.678 101.765 0.836
201608 0.570 101.686 0.703
201611 0.509 101.607 0.629
201702 0.455 102.476 0.557
201705 0.391 103.108 0.476
201708 0.341 103.108 0.415
201711 0.362 103.740 0.438
201802 0.316 104.688 0.379
201805 0.336 105.399 0.400
201808 0.304 106.031 0.360
201811 0.331 105.478 0.394
201902 0.365 106.268 0.431
201905 0.361 107.927 0.420
201908 0.358 108.085 0.416
201911 0.393 107.769 0.458
202002 0.419 108.559 0.484
202005 0.339 107.532 0.396
202008 0.392 108.243 0.454
202011 0.328 108.796 0.378
202102 0.307 109.745 0.351
202105 0.252 111.404 0.284
202108 0.262 112.668 0.292
202111 0.255 113.932 0.281
202202 0.256 115.986 0.277
202205 0.249 120.016 0.260
202208 0.260 120.569 0.271
202211 0.259 121.675 0.267
202302 0.220 122.070 0.226
202305 0.589 124.045 0.596
202308 0.207 125.389 0.207
202311 0.253 125.468 0.253
202402 0.273 125.468 0.273

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.


BlackBerry  (FRA:RI1) 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.


BlackBerry Cyclically Adjusted PS Ratio Related Terms

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


BlackBerry (FRA:RI1) Business Description

Industry
Traded in Other Exchanges
Address
2200 University Avenue East, Waterloo, ON, CAN, N2K 0A7
BlackBerry, once known for being the world's largest smartphone manufacturer, is now exclusively a software provider with a stated goal of end-to-end secure communication for enterprises. The firm provides endpoint management and protection to enterprises, specializing in regulated industries like government, as well as embedded software to the automotive, medical, and industrial markets.

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