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Juniper Networks (Juniper Networks) Cyclically Adjusted PS Ratio : 2.19 (As of Apr. 27, 2024)


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What is Juniper Networks Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Juniper Networks's current share price is $34.71. Juniper Networks's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $15.87. Juniper Networks's Cyclically Adjusted PS Ratio for today is 2.19.

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

JNPR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.53   Med: 2.58   Max: 4.29
Current: 2.2

During the past years, Juniper Networks's highest Cyclically Adjusted PS Ratio was 4.29. The lowest was 1.53. And the median was 2.58.

JNPR's Cyclically Adjusted PS Ratio is ranked worse than
73.43% of 1889 companies
in the Hardware industry
Industry Median: 1.01 vs JNPR: 2.20

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.

Juniper Networks's adjusted revenue per share data for the three months ended in Dec. 2023 was $4.203. 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 $15.87 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Juniper Networks Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Juniper Networks'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.

Juniper Networks Cyclically Adjusted PS Ratio Chart

Juniper Networks 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 2.13 1.85 2.66 2.15 1.86

Juniper Networks 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 2.15 2.25 2.01 1.76 1.86

Competitive Comparison of Juniper Networks's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, Juniper Networks'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.


Juniper Networks's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Juniper Networks 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.

Juniper Networks's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=34.71/15.87
=2.19

* 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.

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

For example, Juniper Networks'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)
=4.203/129.4194*129.4194
=4.203

Current CPI (Dec. 2023) = 129.4194.

Juniper Networks Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.357 99.695 3.060
201406 2.580 100.560 3.320
201409 2.476 100.428 3.191
201412 2.590 99.070 3.383
201503 2.577 99.621 3.348
201506 3.077 100.684 3.955
201509 3.208 100.392 4.136
201512 3.349 99.792 4.343
201603 2.820 100.470 3.633
201606 3.162 101.688 4.024
201609 3.343 101.861 4.247
201612 3.576 101.863 4.543
201703 3.147 102.862 3.959
201706 3.394 103.349 4.250
201709 3.287 104.136 4.085
201712 3.285 104.011 4.087
201803 3.002 105.290 3.690
201806 3.428 106.317 4.173
201809 3.366 106.507 4.090
201812 3.355 105.998 4.096
201903 2.840 107.251 3.427
201906 3.158 108.070 3.782
201909 3.280 108.329 3.919
201912 3.527 108.420 4.210
202003 2.978 108.902 3.539
202006 3.261 108.767 3.880
202009 3.403 109.815 4.011
202012 3.647 109.897 4.295
202103 3.293 111.754 3.814
202106 3.548 114.631 4.006
202109 3.590 115.734 4.015
202112 3.913 117.630 4.305
202203 3.528 121.301 3.764
202206 3.870 125.017 4.006
202209 4.301 125.227 4.445
202212 4.389 125.222 4.536
202303 4.168 127.348 4.236
202306 4.387 128.729 4.411
202309 4.317 129.860 4.302
202312 4.203 129.419 4.203

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.


Juniper Networks  (NYSE:JNPR) 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.


Juniper Networks Cyclically Adjusted PS Ratio Related Terms

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


Juniper Networks (Juniper Networks) Business Description

Industry
Traded in Other Exchanges
Address
1133 Innovation Way, Sunnyvale, CA, USA, 94089
Juniper Networks Inc is engaged in designing, developing, and selling products and services for high-performance networks to enable customers to build scalable, reliable, secure, and cost-effective networks for their businesses, while achieving agility and improved operating efficiency through automation. The company's high-performance network and service offerings include routing, switching, Wi-Fi, network security, artificial intelligence (AI) or AI-enabled enterprise networking operations (AIOps), and software-defined networking (SDN) technologies. In addition to the company's products, the company offers its customers a variety of services, including maintenance and support, professional services, Software-as-a-Service ("SaaS"), and education and training programs.
Executives
Robert Mobassaly officer: SVP General Counsel 1133 INNOVATION WAY, SUNNYVALE CA 94089
Rami Rahim officer: EVP Platform Systems Division 1194 N. MATHILDA AVE., SUNNYVALE CA 94089
Anne Delsanto director 1133 INNOVATION WAY, SUNNYVALE CA 94089
Kenneth Bradley Miller officer: EVP & CFO 1133 INNOVATION WAY, SUNNYVALE CA 94086
Kevin A Denuccio director 300 HOLGER WAY, SAN JOSE CA 95134
Dolce James A Jr director C/O JUNIPER NETWORKS, 140 CASPIAN COURT, SUNNYVALE CA 94089
Kaddaras Christopher Nicholas Jr officer: EVP Chief Revenue Officer C/O NUTANIX, INC., 1740 TECHNOLOGY DR., STE 150, SAN JOSE CA 95110
Scott Kriens director C/O JUNIPER NETWORKS INC, 1194 N MATHILDA AVE, SUNNYVALE CA 94089
Steven Fernandez director 1133 INNOVATION WAY, SUNNYVALE CA 94089
Manoj Leelanivas officer: EVP Chief Product Officer 1133 INNOVATION WAY, SUNNYVALE CA 94089
Marcus Jewell officer: EVP Chief Revenue Officer 1133 INNOVATION WAY, SUNNYVALE CA 94089
William Stensrud director 13491 SUMMIT CIRCLE, POWAY CA 92064
Thomas A Austin officer: Vice President & 1133 INNOVATION WAY, SUNNYVALE CA 94089
Brian Martin officer: SVP General Counsel Secty 160 RIO ROBLES, SAN JOSE CA 95134
Bikash Koley officer: EVP CTO 1133 INNOVATION DRIVE, SUNNYVALE CA 94116