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Radware (Radware) Cyclically Adjusted PS Ratio : 3.18 (As of May. 24, 2024)


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What is Radware Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Radware's current share price is $20.14. Radware's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $6.34. Radware's Cyclically Adjusted PS Ratio for today is 3.18.

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

RDWR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.39   Med: 4.99   Max: 7.63
Current: 3.18

During the past years, Radware's highest Cyclically Adjusted PS Ratio was 7.63. The lowest was 2.39. And the median was 4.99.

RDWR's Cyclically Adjusted PS Ratio is ranked worse than
65.37% of 1444 companies
in the Software industry
Industry Median: 1.865 vs RDWR: 3.18

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.

Radware's adjusted revenue per share data for the three months ended in Mar. 2024 was $1.559. 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 $6.34 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Radware Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Radware'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.

Radware Cyclically Adjusted PS Ratio Chart

Radware 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 5.42 5.61 7.62 3.32 2.69

Radware 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 3.55 3.15 2.72 2.69 2.95

Competitive Comparison of Radware's Cyclically Adjusted PS Ratio

For the Software - Infrastructure subindustry, Radware'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.


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

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

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



Radware 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=20.14/6.34
=3.18

* 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.

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

For example, Radware'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)
=1.559/131.7762*131.7762
=1.559

Current CPI (Mar. 2024) = 131.7762.

Radware Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.135 100.560 1.487
201409 1.245 100.428 1.634
201412 1.264 99.070 1.681
201503 1.206 99.621 1.595
201506 1.176 100.684 1.539
201509 1.032 100.392 1.355
201512 1.220 99.792 1.611
201603 1.089 100.470 1.428
201606 1.128 101.688 1.462
201609 1.071 101.861 1.386
201612 1.194 101.863 1.545
201703 1.132 102.862 1.450
201706 1.163 103.349 1.483
201709 1.207 104.136 1.527
201712 1.333 104.011 1.689
201803 1.230 105.290 1.539
201806 1.209 106.317 1.499
201809 1.211 106.507 1.498
201812 1.366 105.998 1.698
201903 1.317 107.251 1.618
201906 1.241 108.070 1.513
201909 1.296 108.329 1.577
201912 1.395 108.420 1.696
202003 1.244 108.902 1.505
202006 1.227 108.767 1.487
202009 1.311 109.815 1.573
202012 1.456 109.897 1.746
202103 1.402 111.754 1.653
202106 1.478 114.631 1.699
202109 1.542 115.734 1.756
202112 1.608 117.630 1.801
202203 1.564 121.301 1.699
202206 1.639 125.017 1.728
202209 1.580 125.227 1.663
202212 1.662 125.222 1.749
202303 1.567 127.348 1.621
202306 1.512 128.729 1.548
202309 1.458 129.860 1.480
202312 1.556 129.419 1.584
202403 1.559 131.776 1.559

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.


Radware  (NAS:RDWR) 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.


Radware Cyclically Adjusted PS Ratio Related Terms

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


Radware (Radware) Business Description

Industry
Traded in Other Exchanges
N/A
Address
22 Raoul Wallenberg Street, Tel Aviv, ISR, 6971917
Radware Ltd develops and sells a broad portfolio of network products including physical and virtual application delivery controllers, web application firewalls, intrusion prevention systems, and other security products geared toward large enterprise and service provider segments. It offers an infrastructure that supports our DDoS scrubbing center services, WAF and bot management cloud-based services. In addition, It provides other services through the cloud, such as Cloud Workload Protect and Content Delivery Network.