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Manhattan Associates (Manhattan Associates) Cyclically Adjusted PS Ratio : 18.46 (As of Apr. 28, 2024)


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What is Manhattan Associates Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Manhattan Associates's current share price is $209.02. Manhattan Associates's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $11.32. Manhattan Associates's Cyclically Adjusted PS Ratio for today is 18.46.

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

MANH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.4   Med: 12.11   Max: 23.18
Current: 18.46

During the past years, Manhattan Associates's highest Cyclically Adjusted PS Ratio was 23.18. The lowest was 5.40. And the median was 12.11.

MANH's Cyclically Adjusted PS Ratio is ranked worse than
95.75% of 1412 companies
in the Software industry
Industry Median: 1.87 vs MANH: 18.46

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.

Manhattan Associates's adjusted revenue per share data for the three months ended in Mar. 2024 was $4.073. 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 $11.32 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Manhattan Associates Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Manhattan 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.

Manhattan Associates Cyclically Adjusted PS Ratio Chart

Manhattan Associates 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 11.30 13.71 17.68 12.16 19.38

Manhattan Associates 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 14.97 18.76 18.05 19.38 22.10

Competitive Comparison of Manhattan Associates's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, Manhattan 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.


Manhattan Associates's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



Manhattan 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.

Manhattan Associates's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=209.02/11.32
=18.46

* 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.

Manhattan Associates's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Manhattan Associates'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)
=4.073/129.4194*129.4194
=4.073

Current CPI (Mar. 2024) = 129.4194.

Manhattan Associates Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.611 100.560 2.073
201409 1.664 100.428 2.144
201412 1.738 99.070 2.270
201503 1.790 99.621 2.325
201506 1.877 100.684 2.413
201509 1.929 100.392 2.487
201512 1.920 99.792 2.490
201603 2.052 100.470 2.643
201606 2.144 101.688 2.729
201609 2.122 101.861 2.696
201612 2.072 101.863 2.633
201703 2.043 102.862 2.570
201706 2.220 103.349 2.780
201709 2.211 104.136 2.748
201712 2.093 104.011 2.604
201803 1.928 105.290 2.370
201806 2.132 106.317 2.595
201809 2.160 106.507 2.625
201812 2.201 105.998 2.687
201903 2.276 107.251 2.746
201906 2.371 108.070 2.839
201909 2.497 108.329 2.983
201912 2.350 108.420 2.805
202003 2.392 108.902 2.843
202006 2.115 108.767 2.517
202009 2.324 109.815 2.739
202012 2.283 109.897 2.689
202103 2.433 111.754 2.818
202106 2.584 114.631 2.917
202109 2.634 115.734 2.945
202112 2.668 117.630 2.935
202203 2.802 121.301 2.990
202206 3.026 125.017 3.133
202209 3.136 125.227 3.241
202212 3.135 125.222 3.240
202303 3.521 127.348 3.578
202306 3.700 128.729 3.720
202309 3.827 129.860 3.814
202312 3.786 129.419 3.786
202403 4.073 129.419 4.073

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.


Manhattan Associates  (NAS:MANH) 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.


Manhattan Associates Cyclically Adjusted PS Ratio Related Terms

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


Manhattan Associates (Manhattan Associates) Business Description

Traded in Other Exchanges
Address
2300 Windy Ridge Parkway, Tenth Floor, Atlanta, GA, USA, 30339
Manhattan Associates provides software that helps users manage their supply chains, inventory, and omnichannel operations. Customers are generally retailers, wholesalers, manufacturers, and logistics providers. The company was founded in 1990 and serves more than 1,200 customers around the world.
Executives
Thomas E Noonan director C/O INTERNET SECURITY SYSTEM INC, 6303 BARFIELD RD, ATLANTA GA 30328
James Stewart Gantt officer: Executive Vice President 2300 WINDY RIDGE PARKWAY, TENTH FLOOR, ATLANTA GA 30339
Deepak Raghavan director 2300 WINDY RIDGE PARKWAY SUITE 700, ATLANTA GA 30339
Huntz John J Jr director 1201 W PEACHTREE STREET NW, STE 5000, ATLANTA GA 30309
Linda T. Hollembaek director 2300 WINDY RIDGE PARKWAY, TENTH FLOOR, ATLANTA GA 30339
Edmond Eger director 135 CHEROKEE WAY, PORTOLA VALLEY CA 94028
Bruce Richards officer: Sr. V.P. & Chief Legal Officer 190 NORTHLAND RIDGE TRAIL, ATLANTA GA 30342
Dennis B Story officer: Sr. VP and CFO
Eddie Capel officer: Executive VP-Global Operations 2300 WINDY RIDGE PARKWAY, SUITE 1000, ATLANTA GA 30339
Kimberly A Kuryea director C/O GENERAL DYNAMICS CORPORATION, 2941 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
Robert G Howell officer: Sr VP, Americas Sales 2300 WINDY RIDGE PARKWAY, 10TH FLOOR, ATLANTA GA 30339
Charles E Moran director 2300 WINDY RIDGE PARKWAY, 10TH FLOOR, ATLANTA GA 30339
Brian J Cassidy director MEENTSESTREAST 81 NL 6987, GLESBEEK NETHERLANDS P7 0000
John H Heyman director 3925 BROOKSIDE PARKWAY, ALPHARETTA GA 30022
Linda C. Pinne officer: Sr VP, Global Corp Controller 2300 WINDY RIDGE PARKWAY, TENTH FLOOR, ATLANTA GA 30339