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Ebix (EBIXQ) Cyclically Adjusted PS Ratio : 0.02 (As of May. 22, 2024)


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What is Ebix Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Ebix's current share price is $0.475. Ebix's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 was $19.94. Ebix's Cyclically Adjusted PS Ratio for today is 0.02.

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

EBIXQ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.02   Med: 4.85   Max: 14.63
Current: 0.02

During the past years, Ebix's highest Cyclically Adjusted PS Ratio was 14.63. The lowest was 0.02. And the median was 4.85.

EBIXQ's Cyclically Adjusted PS Ratio is ranked better than
99.31% of 1445 companies
in the Software industry
Industry Median: 1.87 vs EBIXQ: 0.02

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.

Ebix's adjusted revenue per share data for the three months ended in Sep. 2023 was $3.861. 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 $19.94 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ebix Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ebix'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.

Ebix Cyclically Adjusted PS Ratio Chart

Ebix Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.76 3.65 3.47 2.10 1.10

Ebix Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1.08 1.10 0.69 1.29 0.50

Competitive Comparison of Ebix's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, Ebix'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.


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

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

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



Ebix 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.475/19.94
=0.02

* 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=3.861/129.8595*129.8595
=3.861

Current CPI (Sep. 2023) = 129.8595.

Ebix Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 1.319 98.326 1.742
201403 1.332 99.695 1.735
201406 1.332 100.560 1.720
201409 1.328 100.428 1.717
201412 1.654 99.070 2.168
201503 1.773 99.621 2.311
201506 1.835 100.684 2.367
201509 1.936 100.392 2.504
201512 2.072 99.792 2.696
201603 2.133 100.470 2.757
201606 2.201 101.688 2.811
201609 2.281 101.861 2.908
201612 2.465 101.863 3.143
201703 2.474 102.862 3.123
201706 2.762 103.349 3.470
201709 2.935 104.136 3.660
201712 3.308 104.011 4.130
201803 3.419 105.290 4.217
201806 3.941 106.317 4.814
201809 4.067 106.507 4.959
201812 4.366 105.998 5.349
201903 4.670 107.251 5.654
201906 4.704 108.070 5.652
201909 4.806 108.329 5.761
201912 4.780 108.420 5.725
202003 4.494 108.902 5.359
202006 3.625 108.767 4.328
202009 5.001 109.815 5.914
202012 7.274 109.897 8.595
202103 9.438 111.754 10.967
202106 8.020 114.631 9.085
202109 6.245 115.734 7.007
202112 8.687 117.630 9.590
202203 9.305 121.301 9.962
202206 8.154 125.017 8.470
202209 8.378 125.227 8.688
202212 8.284 125.222 8.591
202303 7.871 127.348 8.026
202306 3.837 128.729 3.871
202309 3.861 129.860 3.861

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.


Ebix  (OTCPK:EBIXQ) 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.


Ebix Cyclically Adjusted PS Ratio Related Terms

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


Ebix (EBIXQ) Business Description

Industry
Traded in Other Exchanges
Address
1 Ebix Way, Johns Creek, GA, USA, 30097
Ebix Inc is a provider of enterprise cloud e-commerce solutions for the insurance, finance, and healthcare industries. The company derives its revenues primarily from its financial transaction fees, software subscription, and transaction fees, software license fees, risk compliance solutions services fees, and professional service fees, including associated fees for consulting, implementation, training, and project management provided to customers with installed systems and applications. These exchanges connect multiple entities within the insurance and healthcare markets, enabling participants to carry and process data from one entity to another. Ebix generates the majority of its revenue from India.
Executives
Elizabeth A. Lapuma director 520 LAKE COOK ROAD, SUITE 315, DEERFIELD IL 60015
Jill M Krueger director
Priyanka Kaul director 1 EBIX WAY, JOHNS CREEK GA 30097
Senge James Scott Sr officer: Senior Vice President 1629 SEEGAR ROAD, PITTSBURGH PA 15241
Neil D Eckert director 62 BISHOPSGATE, LONDON X0 EC2N 4AW
Steven M Hamil officer: Chief Financial Officer 1 EBIX WAY, JOHNS CREEK GA 30097
Robin Raina director, officer: Chairman & CEO 5 CONCOURSE PARKWAY S 3200, ATLANTA GA 30328
Pavan Bhalla director 1109 BRECKENRIDGE LANE, ALPHARETTA GA 30005
Hans Ueli Keller director BOHLSTRASSE 25, 6300, ZUG V8 6300
Rolf Herter director STOCKERSTRASSE 38, ZURICH V8 CH-8002
Hans U Benz director AGERISTRASSE 24, ZUG V8 CH-6300
George Hebard director C/O ICAHN CAPITAL LP, 767 FIFTH AVE., SUITE 4700, NEW YORK NY 10153
Robert F Kerris officer: Chief Financial Officer 2840 TALIMORE COURT, MARIETTA GA 30066
Fondation Rennes 10 percent owner RATIKONSTRASSE 13, VADUZ, PRINCIPALITY OF LIECHTENSTEIN N2 FL-9490
D'apice Leon Royden Thomas officer: See Remarks 1 URALBA PLACE, WAHROONGA NSW C3 2076