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Maximus (Maximus) Cyclically Adjusted PS Ratio : 1.39 (As of Apr. 28, 2024)


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What is Maximus Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Maximus's current share price is $80.43. Maximus's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $58.03. Maximus's Cyclically Adjusted PS Ratio for today is 1.39.

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

MMS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.13   Med: 2.73   Max: 4.77
Current: 1.39

During the past years, Maximus's highest Cyclically Adjusted PS Ratio was 4.77. The lowest was 1.13. And the median was 2.73.

MMS's Cyclically Adjusted PS Ratio is ranked worse than
63.86% of 678 companies
in the Business Services industry
Industry Median: 0.89 vs MMS: 1.39

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.

Maximus's adjusted revenue per share data for the three months ended in Dec. 2023 was $21.566. 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 $58.03 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Maximus Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Maximus'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.

Maximus Cyclically Adjusted PS Ratio Chart

Maximus Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.69 2.06 2.06 1.17 1.31

Maximus 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 1.44 1.48 1.54 1.31 1.45

Competitive Comparison of Maximus's Cyclically Adjusted PS Ratio

For the Specialty Business Services subindustry, Maximus'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.


Maximus's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Maximus's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Maximus 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.

Maximus's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=80.43/58.03
=1.39

* 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.

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

For example, Maximus'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)
=21.566/129.4194*129.4194
=21.566

Current CPI (Dec. 2023) = 129.4194.

Maximus Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 6.334 99.695 8.223
201406 6.083 100.560 7.829
201409 6.380 100.428 8.222
201412 6.981 99.070 9.120
201503 7.192 99.621 9.343
201506 8.529 100.684 10.963
201509 8.383 100.392 10.807
201512 8.399 99.792 10.893
201603 9.178 100.470 11.822
201606 9.323 101.688 11.865
201609 9.396 101.861 11.938
201612 9.203 101.863 11.693
201703 9.433 102.862 11.868
201706 9.086 103.349 11.378
201709 9.380 104.136 11.657
201712 9.416 104.011 11.716
201803 9.247 105.290 11.366
201806 9.069 106.317 11.040
201809 8.547 106.507 10.386
201812 10.229 105.998 12.489
201903 11.394 107.251 13.749
201906 11.284 108.070 13.513
201909 11.636 108.329 13.901
201912 12.635 108.420 15.082
202003 12.758 108.902 15.162
202006 14.514 108.767 17.270
202009 14.831 109.815 17.479
202012 15.218 109.897 17.921
202103 15.399 111.754 17.833
202106 19.911 114.631 22.480
202109 17.681 115.734 19.772
202112 18.430 117.630 20.277
202203 18.873 121.301 20.136
202206 18.230 125.017 18.872
202209 19.199 125.227 19.842
202212 20.414 125.222 21.098
202303 19.661 127.348 19.981
202306 19.314 128.729 19.418
202309 20.422 129.860 20.353
202312 21.566 129.419 21.566

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.


Maximus  (NYSE:MMS) 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.


Maximus Cyclically Adjusted PS Ratio Related Terms

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


Maximus (Maximus) Business Description

Industry
Traded in Other Exchanges
Address
1600 Tysons Boulevard, McLean, VA, USA, 22102
Maximus Inc is an operator of government health and human services programs in the United States, United Kingdom, Canada, Australia, and Saudi Arabia. The company offers business solutions to improve the cost-effectiveness, efficiency, and quality of government-sponsored benefit programs, such as Medicaid, Medicare, Health Insurance BC, and child support programmes. Most of its revenue is derived from long-term contractual arrangements with governments around the world. The company generates maximum revenue from the U.S. Federal Services segment.
Executives
Teresa Weipert officer: General Mgr US Federal Segment 1891 METRO CENTER DRIVE, RESTON VA 20190
Ilene R. Baylinson officer: Group General Manager 1891 METRO CENTER DRIVE, RESTON VA 20190
Michelle F. Link officer: Chief Human Resources Officer 1891 METRO CENTER DRIVE, RESTON VA 20190
Gayathri Rajan director 1891 METRO CENTER DRIVE, RESTON X1 20190
David Mutryn officer: Chief Financial Officer 1891 METRO CENTER DRIVE, RESTON VA 20190
Theresa D Golinvaux officer: Principal Accounting Officer 9300 LEE HIGHWAY, FAIRFAX VA 20131
John Thomas Martinez officer: Secretary and General Counsel 1600 TYSONS BLVD, #1400, MCLEAN VA 22102
Michael J. Warren director C/O WALKER & DUNLOP, INC., 7272 WISCONSIN AVENUE, SUITE 1300, BETHESDA MD 20814
Bruce Caswell other: Group President - Human Svcs 11419 SUNSET HILLS ROAD, RESTON VA 20190-5207
Raymond B Ruddy director C/O MAXIMUS INC, 11419 SUNSET HILLS ROAD, RESTON VA 20190
David Francis officer: General Counsel C/O MAXIMUS INC, 11419 SUNSET HILLS RD, RESTON VA 20190
John J Haley director 901 N GLEBE ROAD, ARLINGTON VA 22203
Richard A Montoni director, officer: CEO and Director C/O MAXIMUS INC, 11419 SUNSET HILLS RD, RESTON VA 20190
Richard John Nadeau officer: Chief Financial Officer 1300 WILSON BLVD., SUITE 400, ARLINGTON VA 22209
Peter Pond director