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Broadridge Financial Solutions (Broadridge Financial Solutions) Cyclically Adjusted PS Ratio : 4.53 (As of Apr. 27, 2024)


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What is Broadridge Financial Solutions Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Broadridge Financial Solutions's current share price is $194.15. Broadridge Financial Solutions's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $42.89. Broadridge Financial Solutions's Cyclically Adjusted PS Ratio for today is 4.53.

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

BR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.69   Med: 4.32   Max: 5.78
Current: 4.56

During the past years, Broadridge Financial Solutions's highest Cyclically Adjusted PS Ratio was 5.78. The lowest was 2.69. And the median was 4.32.

BR's Cyclically Adjusted PS Ratio is ranked worse than
74.72% of 1412 companies
in the Software industry
Industry Median: 1.87 vs BR: 4.56

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.

Broadridge Financial Solutions's adjusted revenue per share data for the three months ended in Dec. 2023 was $11.797. 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 $42.89 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Broadridge Financial Solutions Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Broadridge Financial Solutions'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.

Broadridge Financial Solutions Cyclically Adjusted PS Ratio Chart

Broadridge Financial Solutions Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.88 4.46 5.03 3.78 4.00

Broadridge Financial Solutions 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 3.45 3.63 4.00 4.22 4.80

Competitive Comparison of Broadridge Financial Solutions's Cyclically Adjusted PS Ratio

For the Information Technology Services subindustry, Broadridge Financial Solutions'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.


Broadridge Financial Solutions's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



Broadridge Financial Solutions 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.

Broadridge Financial Solutions's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=194.15/42.89
=4.53

* 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.

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

For example, Broadridge Financial Solutions'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)
=11.797/129.4194*129.4194
=11.797

Current CPI (Dec. 2023) = 129.4194.

Broadridge Financial Solutions Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 4.858 99.695 6.306
201406 7.121 100.560 9.165
201409 4.486 100.428 5.781
201412 4.619 99.070 6.034
201503 5.074 99.621 6.592
201506 7.570 100.684 9.731
201509 4.887 100.392 6.300
201512 5.237 99.792 6.792
201603 5.660 100.470 7.291
201606 8.054 101.688 10.250
201609 7.363 101.861 9.355
201612 7.347 101.863 9.335
201703 8.359 102.862 10.517
201706 11.281 103.349 14.127
201709 7.720 104.136 9.594
201712 8.419 104.011 10.476
201803 8.866 105.290 10.898
201806 10.940 106.317 13.317
201809 8.127 106.507 9.875
201812 8.005 105.998 9.774
201903 10.336 107.251 12.472
201906 10.273 108.070 12.303
201909 8.101 108.329 9.678
201912 8.265 108.420 9.866
202003 10.683 108.902 12.696
202006 11.670 108.767 13.886
202009 8.666 109.815 10.213
202012 8.955 109.897 10.546
202103 11.778 111.754 13.640
202106 12.969 114.631 14.642
202109 10.084 115.734 11.276
202112 10.612 117.630 11.676
202203 12.932 121.301 13.798
202206 14.539 125.017 15.051
202209 10.793 125.227 11.154
202212 10.874 125.222 11.239
202303 13.818 127.348 14.043
202306 15.415 128.729 15.498
202309 12.006 129.860 11.965
202312 11.797 129.419 11.797

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.


Broadridge Financial Solutions  (NYSE:BR) 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.


Broadridge Financial Solutions Cyclically Adjusted PS Ratio Related Terms

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


Broadridge Financial Solutions (Broadridge Financial Solutions) Business Description

Traded in Other Exchanges
Address
5 Dakota Drive, Suite 300, Lake Success, NY, USA, 11042
Broadridge Financial Solutions, which was spun off from ADP in 2007, is a leading provider of investor communications and technology-driven solutions to banks, broker/dealers, asset managers, wealth managers, and corporate issuers. Broadridge is composed of two segments: investor communication solutions, or ICS, and global technology and operations, or GTO.
Executives
Christopher John Perry officer: Corporate SVP 1981 MARCUS AVENUE, LAKE SUCCESS NY 11042
Laura Matlin officer: VP, Deputy GC and CGO C/O BROADRIDGE, 5 DAKOTA DRIVE, LAKE SUCCESS NY 11042
Keir D Gumbs officer: CVP and Chief Legal Officer C/O BROADRIDGE FINANCIAL SOLUTIONS, INC., 5 DAKOTA DRIVE, LAKE SUCCESS NY 11042
Timothy C Gokey officer: Senior Vice President 5 DAKOTA DRIVE, SUITE 300, LAKE SUCCESS NY 11042
Richard J Daly director, officer: Chief Executive Officer 5 DAKOTA DRIVE, LAKE SUCCESS NY 11042
Thomas P Carey officer: Corporate VP C/O BROADRIDGE FINANCIAL SOLUTIONS, 5 DAKOTA DR., STE 300, LAKE SUCCESS NY 11042
Douglas Richard Deschutter officer: Corporate Vice President 5 DAKOTA DRIVE, SUITE 300, LAKE SUCCESS NY 11042
Leslie A Brun director 435 DEVON PARK DRIVE, 700 BUILDING, WAYNE PA 19087
Robert Schifellite officer: Corporate Vice President 5 DAKOTA DRIVE, LAKE SUCCESS NY 11042
Robert N Duelks director 5 DAKOTA DRIVE, LAKE SUCCESS NY 11042
Robert F Kalenka officer: Corporate Vice President 5 DAKOTA DRIVE, LAKE SUCCESS NY 11042
Richard John Stingi officer: Corporate VP and CHRO C/O BROADRIDGE FINANCIAL SOLUTIONS, 5 DAKOTA DRIVE, LAKE SUCCESS NY 11042
Thomas J Perna director 89 ROBBINS AVENUE, BERKELEY HEIGHTS NJ 07922
Eileen K Murray director 1585 BROADWAY, NEW YORK NY 10036
Vijay Mayadas officer: VP, Strategy C/O BROADRIDGE FINANCIAL SOLUTIONS, 5 DAKOTA DRIVE, LAKE SUCCESS NE 11042