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International Game Technology (MIL:GTK) Cyclically Adjusted PS Ratio : (As of May. 22, 2024)


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What is International Game Technology Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


International Game Technology Cyclically Adjusted PS Ratio Historical Data

The historical data trend for International Game Technology'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.

International Game Technology Cyclically Adjusted PS Ratio Chart

International Game Technology 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 0.62 0.72 1.20 0.90 1.07

International Game Technology 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 1.06 1.24 1.18 1.07 0.88

Competitive Comparison of International Game Technology's Cyclically Adjusted PS Ratio

For the Gambling subindustry, International Game Technology'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.


International Game Technology's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, International Game Technology's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



International Game Technology 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.

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

For example, International Game Technology'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)
=5.669/131.6000*131.6000
=5.669

Current CPI (Mar. 2024) = 131.6000.

International Game Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.998 99.800 5.272
201409 4.164 100.000 5.480
201412 4.177 99.900 5.502
201503 4.526 99.600 5.980
201506 6.557 100.100 8.620
201509 6.182 100.200 8.119
201512 7.236 100.400 9.485
201603 6.646 100.400 8.711
201606 6.607 101.000 8.609
201609 6.512 101.500 8.443
201612 7.233 102.200 9.314
201703 6.223 102.700 7.974
201706 6.268 103.500 7.970
201709 5.917 104.300 7.466
201712 6.566 105.000 8.229
201803 5.653 105.100 7.078
201806 5.943 105.900 7.385
201809 5.720 106.600 7.061
201812 2.110 107.100 2.593
201903 5.851 107.000 7.196
201906 6.308 107.900 7.694
201909 6.047 108.400 7.341
201912 2.596 108.500 3.149
202003 4.254 108.600 5.155
202006 3.077 108.800 3.722
202009 4.006 109.200 4.828
202012 4.201 109.400 5.053
202103 4.924 109.700 5.907
202106 4.990 111.400 5.895
202109 4.830 112.400 5.655
202112 5.361 114.700 6.151
202203 5.511 116.500 6.225
202206 5.578 120.500 6.092
202209 6.182 122.300 6.652
202212 5.958 125.300 6.258
202303 5.723 126.800 5.940
202306 5.623 129.400 5.719
202309 5.763 130.100 5.829
202312 5.984 130.500 6.034
202403 5.669 131.600 5.669

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.


International Game Technology  (MIL:GTK) 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.


International Game Technology Cyclically Adjusted PS Ratio Related Terms

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International Game Technology (MIL:GTK) Business Description

Traded in Other Exchanges
Address
10 Finsbury Square, Third Floor, London, GBR, EC2A 1AF
International Game Technology PLC is a gaming company that delivers entertaining and responsible gaming experiences for players across all channels. The company's operating segments include Global Lottery, Global Gaming, and Digital & Betting.. It generates maximum revenue from the Global Lottery segment. Global Lottery segment provides lottery products and services to governmental organizations through operating contracts, facilities management contracts, lottery management agreements, and product sales contracts. Geographically, it derives a majority of revenue from the United States.

International Game Technology (MIL:GTK) Headlines

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