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Intuit (Intuit) Cyclically Adjusted PS Ratio : 16.13 (As of Jun. 06, 2024)


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What is Intuit Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Intuit's current share price is $572.65. Intuit's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2024 was $35.51. Intuit's Cyclically Adjusted PS Ratio for today is 16.13.

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

INTU' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6   Med: 13.39   Max: 29.5
Current: 16.17

During the past years, Intuit's highest Cyclically Adjusted PS Ratio was 29.50. The lowest was 6.00. And the median was 13.39.

INTU's Cyclically Adjusted PS Ratio is ranked worse than
95.41% of 1459 companies
in the Software industry
Industry Median: 1.83 vs INTU: 16.17

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.

Intuit's adjusted revenue per share data for the three months ended in Apr. 2024 was $23.722. 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 $35.51 for the trailing ten years ended in Apr. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Intuit Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Intuit'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.

Intuit Cyclically Adjusted PS Ratio Chart

Intuit Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.80 15.79 23.36 16.52 16.03

Intuit Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 14.37 16.03 15.05 18.68 17.62

Competitive Comparison of Intuit's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, Intuit'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.


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

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

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



Intuit 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=572.65/35.51
=16.13

* 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.

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

For example, Intuit's adjusted Revenue per Share data for the three months ended in Apr. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=23.722/131.7762*131.7762
=23.722

Current CPI (Apr. 2024) = 131.7762.

Intuit Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201407 1.550 100.520 2.032
201410 2.140 100.176 2.815
201501 2.628 98.604 3.512
201504 7.571 99.824 9.994
201507 2.486 100.691 3.253
201510 2.621 100.346 3.442
201601 3.470 99.957 4.575
201604 8.862 100.947 11.568
201607 2.911 101.524 3.778
201610 3.016 101.988 3.897
201701 3.908 102.456 5.026
201704 9.773 103.167 12.483
201707 3.299 103.278 4.209
201710 3.555 104.070 4.501
201801 5.150 104.578 6.489
201804 11.115 105.708 13.856
201807 3.273 106.324 4.057
201810 3.848 106.695 4.753
201901 5.689 106.200 7.059
201904 12.394 107.818 15.148
201907 3.765 108.250 4.583
201910 4.413 108.577 5.356
202001 6.424 108.841 7.778
202004 11.371 108.173 13.852
202007 6.879 109.318 8.292
202010 4.992 109.861 5.988
202101 5.773 110.364 6.893
202104 15.120 112.673 17.684
202107 9.179 115.183 10.501
202110 7.245 116.696 8.181
202201 9.314 118.619 10.347
202204 19.692 121.978 21.274
202207 8.500 125.002 8.961
202210 9.144 125.734 9.583
202301 10.784 126.223 11.258
202304 21.265 127.992 21.894
202307 9.583 128.974 9.791
202310 10.523 129.810 10.682
202401 11.923 130.124 12.074
202404 23.722 131.776 23.722

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.


Intuit  (NAS:INTU) 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.


Intuit Cyclically Adjusted PS Ratio Related Terms

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


Intuit (Intuit) Business Description

Industry
Address
2700 Coast Avenue, Mountain View, CA, USA, 94043
Intuit is a provider of small-business accounting software (QuickBooks), personal tax solutions (TurboTax), and professional tax offerings (Lacerte). Founded in the mid-1980s, Intuit controls the majority of U.S. market share for small-business accounting and DIY tax-filing software.
Executives
Alex G. Balazs officer: EVP, Chief Technology Officer C/O INTUIT INC., 2700 COAST AVE, MOUNTAIN VIEW CA 94043
Laura A Fennell officer: VP, General Counsel, Corp. Sec C/O INTUIT INC., PO BOX 7850, MOUNTAIN VIEW CA 94039-7850
Raul Vazquez director 500 STAPLES DR., FRAMINGHAM MA 01702
Sasan K Goodarzi officer: Senior Vice President C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Sandeep Aujla officer: EVP and CFO C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Mark P. Notarainni officer: EVP, Consumer Group C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Marianna Tessel officer: EVP, Chief Technology Officer C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Lauren D Hotz officer: VP, Chief Accounting Officer C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
James Alexander Chriss officer: EVP and GM SBSEG C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Kerry J Mclean officer: SVP, General Counsel C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Michelle M Clatterbuck officer: EVP and CFO C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Ryan Roslansky director C/O GODADDY INC., 2155 E. GODADDY WAY, TEMPE AZ 85284
Eric S. Yuan director C/O ZOOM VIDEO COMMUNICATIONS, INC., 55 ALMADEN BOULEVARD, 6TH FLOOR, SAN JOSE CA 95113
Eve B Burton director 770 BROADWAY, NEW YORK NY 10003
Varun Krishna officer: EVP, Consumer Group 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043

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