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Cogent Communications Holdings (Cogent Communications Holdings) Cyclically Adjusted PS Ratio : 4.76 (As of Apr. 27, 2024)


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What is Cogent Communications Holdings Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Cogent Communications Holdings's current share price is $65.79. Cogent Communications Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $13.83. Cogent Communications Holdings's Cyclically Adjusted PS Ratio for today is 4.76.

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

CCOI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.08   Med: 5.15   Max: 9.22
Current: 4.69

During the past years, Cogent Communications Holdings's highest Cyclically Adjusted PS Ratio was 9.22. The lowest was 1.08. And the median was 5.15.

CCOI's Cyclically Adjusted PS Ratio is ranked worse than
89.08% of 293 companies
in the Telecommunication Services industry
Industry Median: 1.02 vs CCOI: 4.69

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.

Cogent Communications Holdings's adjusted revenue per share data for the three months ended in Dec. 2023 was $5.613. 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 $13.83 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cogent Communications Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Cogent Communications Holdings'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.

Cogent Communications Holdings Cyclically Adjusted PS Ratio Chart

Cogent Communications Holdings 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 6.95 5.91 6.48 4.60 5.50

Cogent Communications Holdings 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 4.60 5.01 5.13 4.56 5.50

Competitive Comparison of Cogent Communications Holdings's Cyclically Adjusted PS Ratio

For the Telecom Services subindustry, Cogent Communications Holdings'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.


Cogent Communications Holdings's Cyclically Adjusted PS Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Cogent Communications Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Cogent Communications Holdings 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.

Cogent Communications Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=65.79/13.83
=4.76

* 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.

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

For example, Cogent Communications Holdings'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)
=5.613/129.4194*129.4194
=5.613

Current CPI (Dec. 2023) = 129.4194.

Cogent Communications Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.981 99.695 2.572
201406 2.044 100.560 2.631
201409 2.097 100.428 2.702
201412 2.112 99.070 2.759
201503 2.153 99.621 2.797
201506 2.193 100.684 2.819
201509 2.305 100.392 2.971
201512 2.334 99.792 3.027
201603 2.428 100.470 3.128
201606 2.457 101.688 3.127
201609 2.523 101.861 3.206
201612 2.563 101.863 3.256
201703 2.609 102.862 3.283
201706 2.662 103.349 3.334
201709 2.725 104.136 3.387
201712 2.753 104.011 3.426
201803 2.842 105.290 3.493
201806 2.839 106.317 3.456
201809 2.848 106.507 3.461
201812 2.849 105.998 3.479
201903 2.939 107.251 3.546
201906 2.936 108.070 3.516
201909 2.976 108.329 3.555
201912 3.019 108.420 3.604
202003 3.038 108.902 3.610
202006 3.020 108.767 3.593
202009 3.106 109.815 3.660
202012 3.070 109.897 3.615
202103 3.156 111.754 3.655
202106 3.199 114.631 3.612
202109 3.156 115.734 3.529
202112 3.107 117.630 3.418
202203 3.179 121.301 3.392
202206 3.157 125.017 3.268
202209 3.209 125.227 3.316
202212 3.197 125.222 3.304
202303 3.242 127.348 3.295
202306 5.046 128.729 5.073
202309 5.832 129.860 5.812
202312 5.613 129.419 5.613

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.


Cogent Communications Holdings  (NAS:CCOI) 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.


Cogent Communications Holdings Cyclically Adjusted PS Ratio Related Terms

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


Cogent Communications Holdings (Cogent Communications Holdings) Business Description

Traded in Other Exchanges
Address
2450 N Street North West, Washington, DC, USA, 20037
Cogent carries over one fifth of the world's internet traffic over its network and is a broadband provider for businesses. Cogent's corporate customers are in high-rise office buildings; the firm provides them with two types of connections: dedicated internet access, which connects them to the internet, and virtual private networking, which offers an internal network for employees in different locations. Cogent's corporate customers are exclusively in North America and account for over half of the firm's revenue. Cogent's netcentric customers include internet service providers and content providers, to which Cogent provides internet transit. They hand traffic to Cogent in data centers and rely on Cogent to deliver it. About half of netcentric revenue is from outside the U.S.
Executives
John B. Chang officer: VP & CHIEF LEGAL OFFICER 2450 N ST NW, 4TH FLOOR, WASHINGTON DC 20037
Dave Schaeffer director, 10 percent owner, officer: Chairman, President & CEO C/O COGENT COMMUNICATIONS HOLDINGS, INC., 2450 N ST NW, 4TH FLOOR, WASHINGTON DC 20037
Henry W Kilmer officer: VP of IP Engineering C/O COGENT COMMUNICATIONS HOLDINGS, INC., 2450 N ST NW, 4TH FLOOR, WASHINGTON DC 20037
James Bubeck officer: Chief Revenue Officer 2450 N STREET NW, WASHINGTON DC 20037
Thaddeus Gerard Weed officer: VP, Controller COGENT COMMUNICATIONS HOLDINGS, INC., 2450 N ST NW, 4TH FLOOR, WASHINGTON DC 20037
Lewis H Ferguson director 8717 BURDETTE ROAD, BETHESDA MD 20817
Sheryl Lynn Kennedy director C/O COGENT COMMUNICATIONS HOLDINGS, INC., 2450 N STREET, N.W., WASHINGTON DC 20037
Blake Bath director 1010 WISCONSIN AVENUE, SUITE 600, WASHINGTON DC 20007
Marc Montagner other: director nominee C/O ENDURANCE INT'L GROUP HOLDINGS, INC., 10 CORPORATE DRIVE, SUITE 300, BURLINGTON MA 01803
David Allen Kapp officer: VP & CHIEF TECHNICAL OFFICER C/O COGENT COMMUNICATIONS HOLDINGS, INC., 2450 N STREET, N.W., WASHINGTON DC 20037
Jeffrey S Danielson officer: VP Infrastructure C/O COGENT COMMUNICATIONS HOLDINGS, INC., 2450 N STREET, N.W., WASHINGTON DC 20037
Steven D Brooks director C/O COGENT COMMUNICATIONS HOLDINGS, INC., 2450 N ST NW, 4TH FLOOR, WASHINGTON DC 20037
Greg W O'connor officer: VP, CHIEF OPERATING OFFICER C/O COGENT COMMUNICATIONS HOLDINGS, INC., 2450 N STREET, N.W., WASHINGTON DC 20037
Eve N Howard director C/O COGENT COMMUNICATIONS HOLDINGS, INC., 2450 N STREET, N.W., WASHINGTON DC 20037
Sa Paul De director C/O COGENT COMMUNICATIONS HOLDINGS, INC., 2450 N STREET, N.W., WASHINGTON DC 20037