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Mastercard (XSWX:MA) Cyclically Adjusted PS Ratio : (As of Jun. 09, 2024)


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What is Mastercard 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


Mastercard Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mastercard'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.

Mastercard Cyclically Adjusted PS Ratio Chart

Mastercard 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 30.83 32.92 27.85 22.75 24.28

Mastercard 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 22.79 23.76 23.08 24.28 26.29

Competitive Comparison of Mastercard's Cyclically Adjusted PS Ratio

For the Credit Services subindustry, Mastercard'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.


Mastercard's Cyclically Adjusted PS Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Mastercard's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Mastercard 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.

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

For example, Mastercard'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)
=5.9/131.7762*131.7762
=5.900

Current CPI (Mar. 2024) = 131.7762.

Mastercard Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.815 100.560 2.378
201409 2.011 100.428 2.639
201412 2.027 99.070 2.696
201503 1.897 99.621 2.509
201506 1.952 100.684 2.555
201509 2.172 100.392 2.851
201512 2.215 99.792 2.925
201603 2.158 100.470 2.830
201606 2.372 101.688 3.074
201609 2.550 101.861 3.299
201612 2.573 101.863 3.329
201703 2.531 102.862 3.242
201706 2.749 103.349 3.505
201709 3.062 104.136 3.875
201712 3.075 104.011 3.896
201803 3.211 105.290 4.019
201806 3.459 106.317 4.287
201809 3.619 106.507 4.478
201812 3.638 105.998 4.523
201903 3.770 107.251 4.632
201906 3.965 108.070 4.835
201909 4.343 108.329 5.283
201912 4.282 108.420 5.204
202003 3.808 108.902 4.608
202006 3.147 108.767 3.813
202009 3.493 109.815 4.192
202012 3.660 109.897 4.389
202103 3.871 111.754 4.565
202106 4.135 114.631 4.753
202109 4.647 115.734 5.291
202112 4.872 117.630 5.458
202203 4.895 121.301 5.318
202206 5.476 125.017 5.772
202209 5.788 125.227 6.091
202212 5.633 125.222 5.928
202303 5.565 127.348 5.759
202306 5.904 128.729 6.044
202309 6.148 129.860 6.239
202312 5.923 129.419 6.031
202403 5.900 131.776 5.900

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.


Mastercard  (XSWX:MA) 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.


Mastercard Cyclically Adjusted PS Ratio Related Terms

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


Mastercard (XSWX:MA) Business Description

Address
2000 Purchase Street, Purchase, NY, USA, 10577
Mastercard is the second-largest payment processor in the world, having processed close to over $8 trillion in transactions during 2022. Mastercard operates in over 200 countries and processes transactions in over 150 currencies.