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Jack Henry & Associates (Jack Henry & Associates) Cyclically Adjusted PS Ratio : 6.67 (As of Apr. 27, 2024)


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What is Jack Henry & Associates Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Jack Henry & Associates's current share price is $164.88. Jack Henry & Associates's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $24.73. Jack Henry & Associates's Cyclically Adjusted PS Ratio for today is 6.67.

The historical rank and industry rank for Jack Henry & Associates's Cyclically Adjusted PS Ratio or its related term are showing as below:

JKHY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.95   Med: 7.71   Max: 11.33
Current: 6.71

During the past years, Jack Henry & Associates's highest Cyclically Adjusted PS Ratio was 11.33. The lowest was 4.95. And the median was 7.71.

JKHY's Cyclically Adjusted PS Ratio is ranked worse than
83.99% of 1412 companies
in the Software industry
Industry Median: 1.87 vs JKHY: 6.71

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.

Jack Henry & Associates's adjusted revenue per share data for the three months ended in Dec. 2023 was $7.477. 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 $24.73 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jack Henry & Associates Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Jack Henry & Associates'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.

Jack Henry & Associates Cyclically Adjusted PS Ratio Chart

Jack Henry & Associates 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 8.37 10.73 8.56 8.16 6.99

Jack Henry & Associates 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 7.73 6.45 6.99 6.17 6.61

Competitive Comparison of Jack Henry & Associates's Cyclically Adjusted PS Ratio

For the Information Technology Services subindustry, Jack Henry & Associates'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.


Jack Henry & Associates's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

* The bar in red indicates where Jack Henry & Associates's Cyclically Adjusted PS Ratio falls into.



Jack Henry & Associates 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.

Jack Henry & Associates's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=164.88/24.73
=6.67

* 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.

Jack Henry & Associates's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Jack Henry & Associates'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)
=7.477/129.4194*129.4194
=7.477

Current CPI (Dec. 2023) = 129.4194.

Jack Henry & Associates Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.410 99.695 4.427
201406 3.740 100.560 4.813
201409 3.650 100.428 4.704
201412 3.813 99.070 4.981
201503 3.819 99.621 4.961
201506 4.116 100.684 5.291
201509 3.984 100.392 5.136
201512 4.173 99.792 5.412
201603 4.209 100.470 5.422
201606 4.630 101.688 5.893
201609 4.376 101.861 5.560
201612 4.458 101.863 5.664
201703 4.539 102.862 5.711
201706 4.368 103.349 5.470
201709 4.653 104.136 5.783
201712 4.605 104.011 5.730
201803 4.824 105.290 5.930
201806 4.876 106.317 5.936
201809 5.063 106.507 6.152
201812 4.990 105.998 6.093
201903 4.922 107.251 5.939
201906 5.100 108.070 6.108
201909 5.683 108.329 6.789
201912 5.448 108.420 6.503
202003 5.585 108.902 6.637
202006 5.342 108.767 6.356
202009 5.889 109.815 6.940
202012 5.537 109.897 6.521
202103 5.751 111.754 6.660
202106 6.068 114.631 6.851
202109 6.583 115.734 7.361
202112 6.702 117.630 7.374
202203 6.550 121.301 6.988
202206 6.604 125.017 6.837
202209 7.236 125.227 7.478
202212 6.908 125.222 7.140
202303 6.959 127.348 7.072
202306 7.321 128.729 7.360
202309 7.825 129.860 7.798
202312 7.477 129.419 7.477

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.


Jack Henry & Associates  (NAS:JKHY) 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.


Jack Henry & Associates Cyclically Adjusted PS Ratio Related Terms

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


Jack Henry & Associates (Jack Henry & Associates) Business Description

Traded in Other Exchanges
Address
663 Highway 60, P.O. Box 807, Monett, MO, USA, 65708
Jack Henry is a leading provider of core processing and complementary services, such as electronic funds transfer, payment processing, and loan processing for U.S. banks and credit unions, with a focus on small and midsize banks. Jack Henry serves almost 1,000 banks and over 700 credit unions.
Executives
Stacey E. Zengel officer: Vice President PO BOX 807, 663 HWY 60, MONETT MO 65708
Thomas A Wimsett director
Laura G. Kelly director PO BOX 807, 663 HIGHWAY 60, MONETT MO 65708
David B Foss officer: PRESIDENT PO BOX 807, 663 HWY 60, MONETT MO 65708
Mimi Carsley officer: CFO and Treasurer 6333 N. STATE HWY 161, 6TH FLOOR, IRVING TX 75038
Renee Ann Swearingen officer: Sr VP & Chief Accounting Offic PO BOX 807, 663 HWY 60, MONETT MO 65708
Gregory R. Adelson officer: Vice President PO BOX 807, 663 HWY 60, MONETT MO 65708
Wilson Thomas Hampton Jr. director PO BOX 807, 663 HWY 60, MONETT MO 65708
Curtis A Campbell director 6333 N. STATE HWY 161, 6TH FLOOR, IRVING TX 75038
John F Prim officer: PRESIDENT PO BOX 807-663 HWY 60, MONETT MO 65708
Steven W. Tomson officer: VICE PRESIDENT PO BOX 807, 663 HWY 60, MONETT MO 65708
Kevin D Williams officer: CHIEF FINANCIAL OFFICER PO BOX 807-663 HWY 60, MONETT MO 65708
Mark S Forbis officer: IMAGE DEPARTMENT MANAGER 663 HWY 60, PO BOX 807, MONETT MO 65708
Ronald L. Moses officer: Vice President PO BOX 807, 663 HWY 60, MONETT MO 65708
Wesley A Brown director PO BOX 807, 663 HWY 60, MONETT MO 65708