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The Interpublic Group of (The Interpublic Group of) Cyclically Adjusted PS Ratio : 1.12 (As of Apr. 27, 2024)


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What is The Interpublic Group of Cyclically Adjusted PS Ratio?

As of today (2024-04-27), The Interpublic Group of's current share price is $31.47. The Interpublic Group of's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $28.03. The Interpublic Group of's Cyclically Adjusted PS Ratio for today is 1.12.

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

IPG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.62   Med: 1.26   Max: 1.71
Current: 1.11

During the past years, The Interpublic Group of's highest Cyclically Adjusted PS Ratio was 1.71. The lowest was 0.62. And the median was 1.26.

IPG's Cyclically Adjusted PS Ratio is ranked worse than
57.08% of 692 companies
in the Media - Diversified industry
Industry Median: 0.89 vs IPG: 1.11

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.

The Interpublic Group of's adjusted revenue per share data for the three months ended in Mar. 2024 was $6.558. 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 $28.03 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Interpublic Group of Cyclically Adjusted PS Ratio Historical Data

The historical data trend for The Interpublic Group of'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.

The Interpublic Group of Cyclically Adjusted PS Ratio Chart

The Interpublic Group of 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 1.14 1.10 1.57 1.27 1.17

The Interpublic Group of 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 1.38 1.41 1.03 1.17 1.16

Competitive Comparison of The Interpublic Group of's Cyclically Adjusted PS Ratio

For the Advertising Agencies subindustry, The Interpublic Group of'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.


The Interpublic Group of's Cyclically Adjusted PS Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, The Interpublic Group of's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



The Interpublic Group of 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.

The Interpublic Group of's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=31.47/28.03
=1.12

* 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.

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

For example, The Interpublic Group of'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)
=6.558/129.4194*129.4194
=6.558

Current CPI (Mar. 2024) = 129.4194.

The Interpublic Group of Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.325 100.560 5.566
201409 4.318 100.428 5.565
201412 5.255 99.070 6.865
201503 4.077 99.621 5.296
201506 4.493 100.684 5.775
201509 4.490 100.392 5.788
201512 5.333 99.792 6.916
201603 4.256 100.470 5.482
201606 4.680 101.688 5.956
201609 4.712 101.861 5.987
201612 8.565 101.863 10.882
201703 5.169 102.862 6.504
201706 5.460 103.349 6.837
201709 5.559 104.136 6.909
201712 6.583 104.011 8.191
201803 5.658 105.290 6.955
201806 6.141 106.317 7.475
201809 5.915 106.507 7.187
201812 7.308 105.998 8.923
201903 6.141 107.251 7.410
201906 6.442 108.070 7.715
201909 6.223 108.329 7.435
201912 7.367 108.420 8.794
202003 6.025 108.902 7.160
202006 5.202 108.767 6.190
202009 5.396 109.815 6.359
202012 6.456 109.897 7.603
202103 5.699 111.754 6.600
202106 6.290 114.631 7.101
202109 6.358 115.734 7.110
202112 7.354 117.630 8.091
202203 6.447 121.301 6.878
202206 6.894 125.017 7.137
202209 6.693 125.227 6.917
202212 7.621 125.222 7.876
202303 6.507 127.348 6.613
202306 6.878 128.729 6.915
202309 6.948 129.860 6.924
202312 7.890 129.419 7.890
202403 6.558 129.419 6.558

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.


The Interpublic Group of  (NYSE:IPG) 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.


The Interpublic Group of Cyclically Adjusted PS Ratio Related Terms

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


The Interpublic Group of (The Interpublic Group of) Business Description

Traded in Other Exchanges
Address
909 Third Avenue, New York, NY, USA, 10022
Interpublic Group is among the world's largest advertising holding companies based on annual revenue. It provides traditional advertising services along with digital and other services such as public relations through various acquisitions. IPG has made these services available in over 100 countries. The company generates more than 80% of its revenue from developed regions such as the United States and Europe.
Executives
Jorge L. Benitez director 5201 BLUE LAGOON DRIVE, SUITE 250, MIAMI FL 33126
Dawn E Hudson director 2530 ZANKER ROAD, SAN JOSE CA 95131
Jocelyn Carter-miller director 3698 NW 15TH STREET, LAUDERHILL FL 33311
Christopher F Carroll officer: SVP, Controller & CAO 3 TIMES SQUARE, 12TH FL., NEW YORK NY 10036
Andrew Bonzani officer: SVP, General Counsel & Sec. 1114 AVENUE OF THE AMERICAS, 19TH FLOOR, NEW YORK NY 10036
Ellen Tobi Johnson officer: SVP of Finance & Treasurer C/O IPG, 1114 AVE OF THE AMERICAS, NEW YORK NY 10036
Mary Guilfoile director 227 WASHINGTON STREET STE.200, CONSHOHOCKEN PA 19428
Michael Isor Roth director THE INTERPUBLIC GROUP OF COMPANIES, INC., 1114 AVENUE OF THE AMERICAS, 19TH FLOOR, NEW YORK NY 10036
Philippe Krakowsky officer: SVP, Dir of Corporate Comms
H John Greeniaus director
Linda S Sanford director 4 IRVING PLACE, NEW YORK NY 10003
Julie Connors officer: SVP,Audit & Chief Risk Officer C/O IPG, 1114 AVE OF THE AMERICAS, 19TH FLOOR, NEW YORK NY 10036
David M Thomas director 930 CLAPBOARD RIDGE ROAD, GREENWICH CT 06830
Frank Mergenthaler officer: Exec. VP & CFO 1114 AVENUE OF THE AMERICAS, 19TH FLOOR, NEW YORK NY 10036
Patrick Q Moore director 625 ELMWOOD DRIVE NE, ATLANTA GA 30306