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SThree (LSE:STEM) Cyclically Adjusted PS Ratio : 0.42 (As of May. 26, 2024)


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What is SThree Cyclically Adjusted PS Ratio?

As of today (2024-05-26), SThree's current share price is £4.385. SThree's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Nov23 was £10.51. SThree's Cyclically Adjusted PS Ratio for today is 0.42.

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

LSE:STEM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.54   Max: 1.06
Current: 0.42

During the past 13 years, SThree's highest Cyclically Adjusted PS Ratio was 1.06. The lowest was 0.29. And the median was 0.54.

LSE:STEM's Cyclically Adjusted PS Ratio is ranked better than
71.43% of 693 companies
in the Business Services industry
Industry Median: 0.88 vs LSE:STEM: 0.42

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.

SThree's adjusted revenue per share data of for the fiscal year that ended in Nov23 was £12.320. 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 £10.51 for the trailing ten years ended in Nov23.

Shiller PE for Stocks: The True Measure of Stock Valuation


SThree Cyclically Adjusted PS Ratio Historical Data

The historical data trend for SThree'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.

SThree Cyclically Adjusted PS Ratio Chart

SThree Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.41 0.64 0.43 0.38

SThree Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 0.64 - 0.43 - 0.38

Competitive Comparison of SThree's Cyclically Adjusted PS Ratio

For the Staffing & Employment Services subindustry, SThree'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.


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

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

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



SThree 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.385/10.51
=0.42

* 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.

SThree's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Nov23 is calculated as:

For example, SThree's adjusted Revenue per Share data for the fiscal year that ended in Nov23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Nov23 (Change)*Current CPI (Nov23)
=12.32/130.0000*130.0000
=12.320

Current CPI (Nov23) = 130.0000.

SThree Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201411 5.574 99.900 7.253
201511 6.402 100.300 8.298
201611 7.266 101.800 9.279
201711 8.405 104.700 10.436
201811 9.453 106.900 11.496
201911 9.915 108.500 11.880
202011 8.817 109.100 10.506
202111 9.735 114.100 11.092
202211 12.064 124.800 12.567
202311 12.320 130.000 12.320

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.


SThree  (LSE:STEM) 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.


SThree Cyclically Adjusted PS Ratio Related Terms

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


SThree (LSE:STEM) Business Description

Industry
Traded in Other Exchanges
Address
75 King William Street, 1st Floor, London, GBR, EC4N 7BE
SThree PLC is involved in the staffing business. It provides contract and permanent recruitment services. The company operates in information and communication, engineering, energy, life sciences, banking, and finance sectors. It provides its service through various brands such as computer future, progressive, Huxley, real, orgtel, jpgray, Newington international and enterprise partners. The company operates in the UK, Ireland, Continental Europe, America, Asia Pacific and the Middle east.

SThree (LSE:STEM) Headlines

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