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F5 (FFIV) Cyclically Adjusted PS Ratio : 3.92 (As of May. 23, 2024)


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What is F5 Cyclically Adjusted PS Ratio?

As of today (2024-05-23), F5's current share price is $169.95. F5's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $43.40. F5's Cyclically Adjusted PS Ratio for today is 3.92.

The historical rank and industry rank for F5's Cyclically Adjusted PS Ratio or its related term are showing as below:

FFIV' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.33   Med: 6.67   Max: 11.07
Current: 3.99

During the past years, F5's highest Cyclically Adjusted PS Ratio was 11.07. The lowest was 3.33. And the median was 6.67.

FFIV's Cyclically Adjusted PS Ratio is ranked worse than
71.28% of 1445 companies
in the Software industry
Industry Median: 1.86 vs FFIV: 3.99

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.

F5's adjusted revenue per share data for the three months ended in Mar. 2024 was $11.436. 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 $43.40 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


F5 Cyclically Adjusted PS Ratio Historical Data

The historical data trend for F5'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.

F5 Cyclically Adjusted PS Ratio Chart

F5 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 5.37 4.23 5.99 3.79 3.85

F5 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 3.64 3.57 3.85 4.24 4.37

Competitive Comparison of F5's Cyclically Adjusted PS Ratio

For the Software - Infrastructure subindustry, F5'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.


F5's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, F5's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where F5's Cyclically Adjusted PS Ratio falls into.



F5 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.

F5's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=169.95/43.4
=3.92

* 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.

F5's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, F5'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)
=11.436/131.7762*131.7762
=11.436

Current CPI (Mar. 2024) = 131.7762.

F5 Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.842 100.560 7.656
201409 6.235 100.428 8.181
201412 6.266 99.070 8.335
201503 6.493 99.621 8.589
201506 6.720 100.684 8.795
201509 7.023 100.392 9.219
201512 7.005 99.792 9.250
201603 7.133 100.470 9.356
201606 7.385 101.688 9.570
201609 7.882 101.861 10.197
201612 7.860 101.863 10.168
201703 7.970 102.862 10.210
201706 8.046 103.349 10.259
201709 8.439 104.136 10.679
201712 8.364 104.011 10.597
201803 8.593 105.290 10.755
201806 8.797 106.317 10.904
201809 9.163 106.507 11.337
201812 8.966 105.998 11.146
201903 9.077 107.251 11.153
201906 9.359 108.070 11.412
201909 9.725 108.329 11.830
201912 9.361 108.420 11.378
202003 9.552 108.902 11.558
202006 9.497 108.767 11.506
202009 9.922 109.815 11.906
202012 10.029 109.897 12.026
202103 10.381 111.754 12.241
202106 10.619 114.631 12.207
202109 10.994 115.734 12.518
202112 11.103 117.630 12.438
202203 10.329 121.301 11.221
202206 11.156 125.017 11.759
202209 11.599 125.227 12.206
202212 11.598 125.222 12.205
202303 11.586 127.348 11.989
202306 11.650 128.729 11.926
202309 11.844 129.860 12.019
202312 11.610 129.419 11.821
202403 11.436 131.776 11.436

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.


F5  (NAS:FFIV) 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.


F5 Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of F5's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


F5 (FFIV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » F5 Inc (NAS:FFIV) » Definitions » Cyclically Adjusted PS Ratio
Traded in Other Exchanges
Address
801 5th Avenue, Seattle, WA, USA, 98104
F5 is a market leader in the application delivery controller market. The company sells products for security, application performance, and automation. Its three customer verticals are enterprises, service providers, and government entities. Revenue is evenly split between its services business and products business with revenue trending toward products due to software adoption. The Seattle-based firm was incorporated in 1996, has about 6,500 employees, and generates about 55% its revenue within the Americas, 25% in EMEA, and 20% in APAC/Japan.
Executives
Francis J. Pelzer officer: EVP, Chief Financial Officer CONCUR TECHNOLOGIES, INC., 18400 NE UNION HILL RD., REDMOND WA 98052
Scot Frazier Rogers officer: Interim General Counsel C/O F5 NETWORKS, INC., 401 ELLIOTT AVE. WEST, SEATTLE WA 98119
Chad Michael Whalen officer: EVP, Worldwide Sales C/O F5 NETWORKS, INC., 401 ELLIOTT AVE. WEST, SEATTLE WA 98119
Alan Higginson director
Francois Locoh-donou director, officer: President, CEO & Director C/O F5 NETWORKS, INC., 401 ELLIOTT AVE. W., SEATTLE WA 98119
Thomas Dean Fountain officer: EVP and Chief Strategy Officer C/O F5 NETWORKS, INC., 401 ELLIOTT AVE. WEST, SEATTLE WA 98119
Tami A. Erwin director 1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Ana Maria White officer: EVP and Chief HR Officer C/O F5 NETWORKS, INC., 401 ELLIOTT AVE. WEST, SEATTLE WA 98119
Michael L Dreyer director C/O F5 NETWORKS, INC., 401 ELLIOTT AVE. WEST, SEATTLE WA 98119
Mika Yamamoto officer: EVP, Chief Marketing Officer 21300 VICTORY BLVD.,, 12TH FLOOR, WOODLAND HILLS CA 91367
Geng Lin officer: EVP, Chief Technology Officer C/O F5 NETWORKS, INC., 401 ELLIOTT AVE. WEST, SEATTLE WA 98119
Marianne Budnik director C/O ACME PACKET, INC., 100 CROSBY DRIVE, BEDFORD MA 01730
Phillips James Malcolm Jr director C/O F5, INC., 801 FIFTH AVE., SEATTLE WA 98104
Michael F Montoya director C/O F5 NETWORKS, INC., 801 FIFTH AVE., SEATTLE WA 98104
Deborah L Bevier director PO BOX 91258, BELLEVUE WA 98009