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Constellation Software (Constellation Software) Cyclically Adjusted PS Ratio : 13.12 (As of Apr. 27, 2024)


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What is Constellation Software Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Constellation Software's current share price is $2656.205. Constellation Software's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $202.38. Constellation Software's Cyclically Adjusted PS Ratio for today is 13.12.

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

CNSWF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 7.61   Med: 10.92   Max: 14.48
Current: 13.68

During the past years, Constellation Software's highest Cyclically Adjusted PS Ratio was 14.48. The lowest was 7.61. And the median was 10.92.

CNSWF's Cyclically Adjusted PS Ratio is ranked worse than
93.77% of 1412 companies
in the Software industry
Industry Median: 1.87 vs CNSWF: 13.68

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.

Constellation Software's adjusted revenue per share data for the three months ended in Dec. 2023 was $109.522. 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 $202.38 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Constellation Software Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Constellation Software'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.

Constellation Software Cyclically Adjusted PS Ratio Chart

Constellation Software 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 10.29 12.08 13.78 9.70 12.28

Constellation Software 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 9.70 11.18 11.39 11.01 12.28

Competitive Comparison of Constellation Software's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, Constellation Software'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.


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

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

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



Constellation Software 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.

Constellation Software's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2656.205/202.38
=13.12

* 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.

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

For example, Constellation Software'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)
=109.522/125.4675*125.4675
=109.522

Current CPI (Dec. 2023) = 125.4675.

Constellation Software Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 18.632 98.604 23.708
201406 19.627 99.473 24.756
201409 19.763 99.394 24.947
201412 20.747 98.367 26.463
201503 19.955 99.789 25.090
201506 20.928 100.500 26.127
201509 21.723 100.421 27.141
201512 24.139 99.947 30.303
201603 22.980 101.054 28.532
201606 24.947 102.002 30.686
201609 25.748 101.765 31.745
201612 26.604 101.449 32.903
201703 26.205 102.634 32.035
201706 28.317 103.029 34.484
201709 30.033 103.345 36.462
201712 32.446 103.345 39.392
201803 33.928 105.004 40.540
201806 35.485 105.557 42.178
201809 35.768 105.636 42.483
201812 39.260 105.399 46.735
201903 38.647 106.979 45.326
201906 39.968 107.690 46.566
201909 41.006 107.611 47.810
201912 45.064 107.769 52.465
202003 44.970 107.927 52.278
202006 43.507 108.401 50.356
202009 47.282 108.164 54.846
202012 51.482 108.559 59.500
202103 55.493 110.298 63.125
202106 58.890 111.720 66.137
202109 61.297 112.905 68.117
202112 65.308 113.774 72.020
202203 67.525 117.646 72.015
202206 76.350 120.806 79.296
202209 81.399 120.648 84.651
202212 87.203 120.964 90.450
202303 90.506 122.702 92.546
202306 96.216 124.203 97.195
202309 100.321 125.230 100.511
202312 109.522 125.468 109.522

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.


Constellation Software  (OTCPK:CNSWF) 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.


Constellation Software Cyclically Adjusted PS Ratio Related Terms

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


Constellation Software (Constellation Software) Business Description

Traded in Other Exchanges
Address
20 Adelaide Street East, Suite 1200, Toronto, ON, CAN, M5C 2T6
Constellation Software Inc is a Canada-based company that develops and customizes software for public- and private-sector markets. The firm acquires, manages, and builds vertical-specific businesses. The portfolio companies serve various markets including communications, credit unions, beverage distribution, tour operators, auto clubs, textiles and apparel, hospitality, and community care. The firm has operations in Canada; USA; UK/Europe and Other.