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ScanSource (ScanSource) Cyclically Adjusted PS Ratio : 0.30 (As of Jun. 08, 2024)


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What is ScanSource Cyclically Adjusted PS Ratio?

As of today (2024-06-08), ScanSource's current share price is $46.04. ScanSource's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $154.45. ScanSource's Cyclically Adjusted PS Ratio for today is 0.30.

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

SCSC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.31   Max: 0.44
Current: 0.3

During the past years, ScanSource's highest Cyclically Adjusted PS Ratio was 0.44. The lowest was 0.13. And the median was 0.31.

SCSC's Cyclically Adjusted PS Ratio is ranked better than
82.9% of 1924 companies
in the Hardware industry
Industry Median: 1.09 vs SCSC: 0.30

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.

ScanSource's adjusted revenue per share data for the three months ended in Mar. 2024 was $29.587. 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 $154.45 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ScanSource Cyclically Adjusted PS Ratio Historical Data

The historical data trend for ScanSource'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.

ScanSource Cyclically Adjusted PS Ratio Chart

ScanSource Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.19 0.21 0.21 0.20

ScanSource 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 0.20 0.20 0.20 0.26 0.29

Competitive Comparison of ScanSource's Cyclically Adjusted PS Ratio

For the Electronics & Computer Distribution subindustry, ScanSource'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.


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

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

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



ScanSource 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=46.04/154.45
=0.30

* 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.

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

For example, ScanSource'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)
=29.587/131.7762*131.7762
=29.587

Current CPI (Mar. 2024) = 131.7762.

ScanSource Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 26.356 100.560 34.538
201409 27.496 100.428 36.079
201412 27.991 99.070 37.232
201503 26.450 99.621 34.987
201506 29.828 100.684 39.039
201509 31.180 100.392 40.928
201512 36.931 99.792 48.768
201603 30.747 100.470 40.328
201606 33.718 101.688 43.695
201609 36.199 101.861 46.830
201612 35.784 101.863 46.293
201703 32.029 102.862 41.032
201706 35.712 103.349 45.535
201709 36.145 104.136 45.739
201712 40.245 104.011 50.988
201803 34.978 105.290 43.777
201806 12.164 106.317 15.077
201809 37.775 106.507 46.737
201812 40.622 105.998 50.501
201903 34.677 107.251 42.607
201906 13.148 108.070 16.032
201909 32.896 108.329 40.016
201912 32.495 108.420 39.495
202003 29.357 108.902 35.523
202006 25.103 108.767 30.413
202009 29.862 109.815 35.834
202012 31.831 109.897 38.168
202103 28.542 111.754 33.656
202106 33.282 114.631 38.260
202109 33.374 115.734 38.000
202112 33.369 117.630 37.382
202203 32.723 121.301 35.549
202206 37.595 125.017 39.628
202209 37.084 125.227 39.024
202212 39.653 125.222 41.729
202303 34.810 127.348 36.020
202306 37.675 128.729 38.567
202309 34.804 129.860 35.318
202312 34.925 129.419 35.561
202403 29.587 131.776 29.587

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.


ScanSource  (NAS:SCSC) 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.


ScanSource Cyclically Adjusted PS Ratio Related Terms

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


ScanSource (ScanSource) Business Description

Industry
Traded in Other Exchanges
Address
6 Logue Court, Greenville, SC, USA, 29615
ScanSource Inc provides value-added services for technology manufacturers and sells to resellers in specialty technology markets. The firm's operations are organized in two segments: Specialty Technology Solutions and Modern Communications and Cloud. It generates maximum revenue from the Specialty Technology Solutions segment. The Specialty Technology Solutions segment includes the Company's business in mobility and barcode, POS, payments, security and networking technologies. Geographically, it derives a majority of revenue from the United States.
Executives
Michael L Baur officer: President and CEO 6 LOGUE COURT, GREENVILLE SC 29615
Peter C Browning director GMS INC., 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084
Brandy Ford officer: SVP & Chief Accounting Officer 6 LOGUE COURT, GREENVILLE SC 29615
John Charles Eldh officer: Sr. EVP & Chief Revenue Off. 6 LOGUE COURT, GREENVILLE SC 29615
Vernon J Nagel director 1330 W. FULTON STREET, SUITE 350, CHICAGO IL 60607
Shana C Smith officer: Sr. EVP & Chief Legal Officer 1875 EXPLORER ST SUITE 800, RESTON VA 20190
Charles R Whitchurch director 143 FULLER LANE, WINNDKER IL 60093
Charles Alexander Mathis officer: Vice-President & CFO 627 ISLAND PARK DRIVE, DANIEL ISLAND SC 29492
Rachel Hayden officer: Senior Executive VP & CIO 6 LOGUE COURT, GREENVILLE SC 29615
Michael J Grainger director C/O INGRAM MICRO INC WORLD WIDE L, 1600 E ST ANDREW PLACE, SANTA ANA CA 92705
Stephen Jones officer: Sr. EVP & CFO 6 LOGUE COURT, GREENVILLE SC 29615
Emory Frank Edward Jr. director 2809 SHARON VIEW ROAD, CHARLOTTE NC 28210
Jeffrey R Rodek director 4151 GULF SHORE BLVD N, PH2, NAPLES FL 34103
Matthew Dean officer: VP and General Counsel 101 LEDGESTONE WAY, GREER SC 29651
Gerald Lyons officer: SVP & Principal Acctg Officer 6 LOGUE CT., GREENVILLE SC 29615