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Akamai Technologies (Akamai Technologies) Cyclically Adjusted PS Ratio : 5.08 (As of Apr. 28, 2024)


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What is Akamai Technologies Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Akamai Technologies's current share price is $101.68. Akamai Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $20.00. Akamai Technologies's Cyclically Adjusted PS Ratio for today is 5.08.

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

AKAM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.98   Med: 7.51   Max: 12.84
Current: 5.08

During the past years, Akamai Technologies's highest Cyclically Adjusted PS Ratio was 12.84. The lowest was 3.98. And the median was 7.51.

AKAM's Cyclically Adjusted PS Ratio is ranked worse than
77.34% of 1412 companies
in the Software industry
Industry Median: 1.87 vs AKAM: 5.08

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.

Akamai Technologies's adjusted revenue per share data for the three months ended in Dec. 2023 was $6.337. 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 $20.00 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Akamai Technologies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Akamai Technologies'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.

Akamai Technologies Cyclically Adjusted PS Ratio Chart

Akamai Technologies 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 7.22 7.81 7.43 4.66 5.92

Akamai Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 4.66 4.19 4.67 5.39 5.92

Competitive Comparison of Akamai Technologies's Cyclically Adjusted PS Ratio

For the Software - Infrastructure subindustry, Akamai Technologies'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.


Akamai Technologies's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



Akamai Technologies 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.

Akamai Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=101.68/20
=5.08

* 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.

Akamai Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Akamai Technologies's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=6.337/129.4194*129.4194
=6.337

Current CPI (Dec. 2023) = 129.4194.

Akamai Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.491 99.695 3.234
201406 2.632 100.560 3.387
201409 2.752 100.428 3.546
201412 2.964 99.070 3.872
201503 2.912 99.621 3.783
201506 2.992 100.684 3.846
201509 3.055 100.392 3.938
201512 3.222 99.792 4.179
201603 3.198 100.470 4.119
201606 3.243 101.688 4.127
201609 3.326 101.861 4.226
201612 3.560 101.863 4.523
201703 3.427 102.862 4.312
201706 3.493 103.349 4.374
201709 3.641 104.136 4.525
201712 3.857 104.011 4.799
201803 3.888 105.290 4.779
201806 3.846 106.317 4.682
201809 3.988 106.507 4.846
201812 4.335 105.998 5.293
201903 4.287 107.251 5.173
201906 4.273 108.070 5.117
201909 4.314 108.329 5.154
201912 4.710 108.420 5.622
202003 4.669 108.902 5.549
202006 4.823 108.767 5.739
202009 4.761 109.815 5.611
202012 5.102 109.897 6.008
202103 5.086 111.754 5.890
202106 5.129 114.631 5.791
202109 5.173 115.734 5.785
202112 5.489 117.630 6.039
202203 5.522 121.301 5.892
202206 5.586 125.017 5.783
202209 5.544 125.227 5.730
202212 5.892 125.222 6.090
202303 5.865 127.348 5.960
202306 6.098 128.729 6.131
202309 6.230 129.860 6.209
202312 6.337 129.419 6.337

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.


Akamai Technologies  (NAS:AKAM) 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.


Akamai Technologies Cyclically Adjusted PS Ratio Related Terms

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


Akamai Technologies (Akamai Technologies) Business Description

Traded in Other Exchanges
Address
145 Broadway, Cambridge, MA, USA, 02142
Akamai operates a content delivery network, or CDN, which entails locating servers at the edges of networks so its customers, which store content on Akamai servers, can reach their own customers faster, more securely, and with better quality. Akamai has over 325,000 servers distributed over 4,100 points of presence in more than 1,000 cities worldwide. Its customers generally include media companies, which stream video content or make video games available for download, and other enterprises that run interactive or high-traffic websites, such as e-commerce firms and financial institutions. Akamai also has a significant security business, which is integrated with its core delivery and computing businesses to protect customers from cyberthreats.
Executives
Paul C Joseph officer: EVP - Global Sales C/O AKAMAI TECHNOLOGIES, INC., 145 BROADWAY, CAMBRIDGE MA 02142
Kim Salem-jackson officer: EVP, Chief Marketing Officer C/O AKAMAI TECHNOLOGIES, INC., 145 BROADWAY, CAMBRIDGE MA 02142
Aaron Ahola officer: SVP & General Counsel C/O AKAMAI TECHNOLOGIES, INC., 150 BROADWAY, CAMBRIDGE MA 02142
Robert Blumofe officer: EVP Platform C/O AKAMAI TECHNOLOGIES, INC., 8 CAMBRIDGE CENTER, CAMBRIDGE MA 02142
Madhu Ranganathan director 760 MARKET STREET, 4TH FLOOR, SAN FRANCISCO CA 94102
Edward J Mcgowan officer: Chief Financial Officer C/O AKAMAI TECHNOLOGIES, INC., 150 BROADWAY, CAMBRIDGE MA 02142
Anthony P Williams officer: EVP and CHRO C/O AKAMAI TECHNOLOGIES, INC., 145 BROADWAY, CAMBRIDGE MA 02142
Adam Karon officer: EVP & GM Media Division C/O AKAMAI TECHNOLOGIES, INC., 150 BROADWAY, CAMBRIDGE MA 02142
Mani Sundaram officer: EVP GSS and CIO C/O AKAMAI TECHNOLOGIES, INC., 145 BROADWAY, CAMBRIDGE MA 02142
F Thomson Leighton director, officer: Chief Scientist 500 TECHNOLOGY SQUARE, FIFTH FLOOR, CAMBRIDGE MA 02139
Verwaayen Bernardus Johannes Maria director 55 GLENLAKE PARKWAY NE, ATLANTA GA 30328
Rick M Mcconnell officer: EVP - Products and Development LATITUDE, 2121 TASMAN DRIVE, SANTA CLARA CA 4089887256
Monte E Ford director C/O AKAMAI TECHNOLOGIES, INC., 8 CAMBRIDGE CENTER, CAMBRIDGE MA 02142
Laura Howell officer: VP, Chief Accounting Officer C/O AKAMAI TECHNOLOGIES, INC., 145 BROADWAY, CAMBRIDGE MA 02142
Jill A Greenthal director MARTHA STEWART LIVING OMNIMEDIA INC, 11 WEST 42ND STREET 25TH FLOOR, NEW YORK NY 10036