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Quantum (Quantum) Cyclically Adjusted PS Ratio : 0.03 (As of Jun. 07, 2024)


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What is Quantum Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Quantum's current share price is $0.4801. Quantum's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2023 was $13.89. Quantum's Cyclically Adjusted PS Ratio for today is 0.03.

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

QMCO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.25   Max: 0.57
Current: 0.03

During the past years, Quantum's highest Cyclically Adjusted PS Ratio was 0.57. The lowest was 0.02. And the median was 0.25.

QMCO's Cyclically Adjusted PS Ratio is ranked better than
99.06% of 1922 companies
in the Hardware industry
Industry Median: 1.1 vs QMCO: 0.03

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.

Quantum's adjusted revenue per share data for the three months ended in Jun. 2023 was $0.980. 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 $13.89 for the trailing ten years ended in Jun. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Quantum Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Quantum'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.

Quantum Cyclically Adjusted PS Ratio Chart

Quantum Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.16 0.51 0.15 0.08

Quantum Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 0.09 0.07 0.08 0.08 0.08

Competitive Comparison of Quantum's Cyclically Adjusted PS Ratio

For the Computer Hardware subindustry, Quantum'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.


Quantum's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Quantum 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.4801/13.89
=0.03

* 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.

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

For example, Quantum's adjusted Revenue per Share data for the three months ended in Jun. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=0.98/128.7287*128.7287
=0.980

Current CPI (Jun. 2023) = 128.7287.

Quantum Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201309 4.257 98.790 5.547
201312 4.703 98.326 6.157
201403 4.102 99.695 5.297
201406 4.089 100.560 5.234
201409 4.196 100.428 5.378
201412 3.753 99.070 4.877
201503 4.434 99.621 5.730
201506 3.431 100.684 4.387
201509 3.559 100.392 4.564
201512 3.880 99.792 5.005
201603 3.618 100.470 4.636
201606 3.493 101.688 4.422
201609 3.957 101.861 5.001
201612 3.891 101.863 4.917
201703 3.195 102.862 3.998
201706 3.429 103.349 4.271
201709 3.233 104.136 3.997
201712 3.331 104.011 4.123
201803 2.704 105.290 3.306
201806 3.033 106.317 3.672
201809 2.533 106.507 3.061
201812 2.868 105.998 3.483
201903 2.893 107.251 3.472
201906 2.931 108.070 3.491
201909 2.915 108.329 3.464
201912 2.219 108.420 2.635
202003 2.212 108.902 2.615
202006 1.837 108.767 2.174
202009 2.130 109.815 2.497
202012 2.395 109.897 2.805
202103 1.838 111.754 2.117
202106 1.560 114.631 1.752
202109 1.591 115.734 1.770
202112 1.603 117.630 1.754
202203 1.579 121.301 1.676
202206 1.161 125.017 1.195
202209 1.083 125.227 1.113
202212 1.199 125.222 1.233
202303 1.128 127.348 1.140
202306 0.980 128.729 0.980

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.


Quantum  (NAS:QMCO) 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.


Quantum Cyclically Adjusted PS Ratio Related Terms

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


Quantum (Quantum) Business Description

Industry
Traded in Other Exchanges
Address
224 Airport Parkway, Suite 550, San Jose, CA, USA, 95110
Quantum Corp is a United States-based company engaged in providing scale-out storage, archive, and data protection for small businesses and large multinational enterprises. Its solutions capture, share, manage and preserve digital assets throughout the data lifecycle. The scale-out portfolio offerings enable customers to manage large unstructured data sets, provide ingest capabilities, real-time collaboration, scalability, and protection. It derives primary revenues from the products based on tape technology. A majority of the firm's revenue is generated in the Americas, with the rest coming from Europe and Asia-Pacific.
Executives
Brian E Cabrera officer: Chief Legal & Ofcr; Corp Secy CALLIDUS SOFTWARE INC., 160 W. SANTA CLARA STREET, SUITE 1500, SAN JOSE CA 95113
James J Lerner director, officer: Pres. & CEO, Chairman of Board C/O SEAGATE TECHNOLOGY PLC, 10200 S. DEANZA BLVD., CUPERTINO CA 95014
Laura A. Nash officer: Chief Accounting Officer C/O QUANTUM CORPORATION, 224 AIRPORT PARKWAY, SUITE 550, SAN JOSE CA 95110
John Hurley officer: Chief Revenue Officer 224 AIRPORT PARKWAY, SUITE 550, SAN JOSE CA 95110
Kenneth P. Gianella officer: Chief Financial Officer C/O SILVER SPRING NETWORKS, INC., 230 W. TASMAN DRIVE, SAN JOSE CA 95134
Hugues Meyrath director 1745 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Don Jaworksi director 224 AIRPORT PARKWAY SUITE 550, C/O QUANTUM CORPORATION, SAN JOSE CA 95110
Lewis W. Moorehead officer: Chief Accounting Officer 1 BROADWAY, 14TH FLOOR, CAMBRIDGE MA 02142
J Michael Dodson officer: Senior Vice President, CFO 1220 N. SIMON CIRCLE, ANAHEIM CA 92806
Christopher D. Neumeyer director 224 AIRPORT PARKWAY SUITE 550, SAN JOSE CA 95110
Pacific Investment Management Co Llc 10 percent owner 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Yue Zhou White director C/O QUANTUM CORPORATION, 224 AIRPORT PARKWAY, SUITE 550, SAN JOSE CA 95110
Marc E Rothman director 1303 E ALGONQUIN ROAD, SCHAUMBURG X1 60196
Raghavendra Rau director C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
John Fichthorn director C/O DIALECTIC CAPITAL MANAGEMENT, LLC, 17 STATE STREET, SUITE 3930, NEW YORK NY 10004