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Corpay (STU:07G0) Cyclically Adjusted PS Ratio : 8.05 (As of May. 22, 2024)


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What is Corpay Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Corpay's current share price is €253.00. Corpay's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €31.43. Corpay's Cyclically Adjusted PS Ratio for today is 8.05.

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

STU:07G0' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.06   Med: 12.08   Max: 19.11
Current: 8.06

During the past years, Corpay's highest Cyclically Adjusted PS Ratio was 19.11. The lowest was 6.06. And the median was 12.08.

STU:07G0's Cyclically Adjusted PS Ratio is ranked worse than
87.41% of 1446 companies
in the Software industry
Industry Median: 1.87 vs STU:07G0: 8.06

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.

Corpay's adjusted revenue per share data for the three months ended in Mar. 2024 was €11.699. 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 €31.43 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Corpay Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Corpay'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.

Corpay Cyclically Adjusted PS Ratio Chart

Corpay 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 16.79 14.00 9.51 6.44 8.53

Corpay 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 7.05 8.06 7.89 8.53 8.91

Competitive Comparison of Corpay's Cyclically Adjusted PS Ratio

For the Software - Infrastructure subindustry, Corpay'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.


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

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

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



Corpay 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=253.00/31.43
=8.05

* 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.

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

For example, Corpay'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)
=11.699/131.7762*131.7762
=11.699

Current CPI (Mar. 2024) = 131.7762.

Corpay Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.346 100.560 3.074
201409 2.660 100.428 3.490
201412 3.362 99.070 4.472
201503 4.094 99.621 5.415
201506 3.833 100.684 5.017
201509 4.272 100.392 5.608
201512 4.190 99.792 5.533
201603 3.915 100.470 5.135
201606 3.904 101.688 5.059
201609 4.529 101.861 5.859
201612 5.126 101.863 6.631
201703 5.146 102.862 6.593
201706 5.402 103.349 6.888
201709 5.213 104.136 6.597
201712 5.566 104.011 7.052
201803 5.092 105.290 6.373
201806 5.402 106.317 6.696
201809 5.766 106.507 7.134
201812 6.243 105.998 7.761
201903 6.166 107.251 7.576
201906 6.354 108.070 7.748
201909 6.831 108.329 8.310
201912 6.962 108.420 8.462
202003 6.783 108.902 8.208
202006 5.387 108.767 6.527
202009 5.760 109.815 6.912
202012 5.910 109.897 7.087
202103 5.961 111.754 7.029
202106 6.494 114.631 7.465
202109 7.671 115.734 8.734
202112 8.712 117.630 9.760
202203 9.039 121.301 9.820
202206 10.414 125.017 10.977
202209 11.937 125.227 12.561
202212 11.213 125.222 11.800
202303 11.303 127.348 11.696
202306 11.669 128.729 11.945
202309 12.194 129.860 12.374
202312 11.718 129.419 11.931
202403 11.699 131.776 11.699

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.


Corpay  (STU:07G0) 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.


Corpay Cyclically Adjusted PS Ratio Related Terms

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


Corpay (STU:07G0) Business Description

Industry
Traded in Other Exchanges
Address
3280 Peachtree Road, Suite 2400, Atlanta, GA, USA, 30305
Fleetcor Technologies Inc is a provider of specialised payment products. The company offers fleet cards, food cards, corporate lodging discount cards, and other specialised payment services. Fleetcor's systems enable its customers to manage and control their commercial payments and loyalty-card programmes. Customers include commercial fleet operators, major oil companies, petroleum marketers, and government entities. Further, Fleetcor offers customised analysis solutions to its clients, offering business productivity tracking capabilities. United States is the largest geographic operating segment.

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