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AudioEye (AudioEye) Cyclically Adjusted PS Ratio : 14.29 (As of May. 18, 2024)


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What is AudioEye Cyclically Adjusted PS Ratio?

As of today (2024-05-18), AudioEye's current share price is $22.00. AudioEye's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $1.54. AudioEye's Cyclically Adjusted PS Ratio for today is 14.29.

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

AEYE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.74   Med: 4.69   Max: 13.66
Current: 13.4

During the past years, AudioEye's highest Cyclically Adjusted PS Ratio was 13.66. The lowest was 2.74. And the median was 4.69.

AEYE's Cyclically Adjusted PS Ratio is ranked worse than
94.19% of 1445 companies
in the Software industry
Industry Median: 1.84 vs AEYE: 13.40

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.

AudioEye's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.690. 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 $1.54 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


AudioEye Cyclically Adjusted PS Ratio Historical Data

The historical data trend for AudioEye'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.

AudioEye Cyclically Adjusted PS Ratio Chart

AudioEye Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 7.39 3.06 3.75

AudioEye 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 5.36 3.52 3.44 3.75 6.50

Competitive Comparison of AudioEye's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, AudioEye'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.


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

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

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



AudioEye 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=22.00/1.54
=14.29

* 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.

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

For example, AudioEye'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)
=0.69/131.7762*131.7762
=0.690

Current CPI (Mar. 2024) = 131.7762.

AudioEye Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.023 100.560 0.030
201409 0.077 100.428 0.101
201412 0.075 99.070 0.100
201503 0.032 99.621 0.042
201506 0.033 100.684 0.043
201509 0.033 100.392 0.043
201512 0.008 99.792 0.011
201603 0.038 100.470 0.050
201606 0.048 101.688 0.062
201609 0.066 101.861 0.085
201612 0.093 101.863 0.120
201703 0.097 102.862 0.124
201706 0.152 103.349 0.194
201709 0.148 104.136 0.187
201712 0.165 104.011 0.209
201803 0.178 105.290 0.223
201806 0.191 106.317 0.237
201809 0.211 106.507 0.261
201812 0.236 105.998 0.293
201903 0.261 107.251 0.321
201906 0.319 108.070 0.389
201909 0.335 108.329 0.408
201912 0.402 108.420 0.489
202003 0.480 108.902 0.581
202006 0.591 108.767 0.716
202009 0.569 109.815 0.683
202012 0.556 109.897 0.667
202103 0.554 111.754 0.653
202106 0.548 114.631 0.630
202109 0.547 115.734 0.623
202112 0.571 117.630 0.640
202203 0.603 121.301 0.655
202206 0.659 125.017 0.695
202209 0.672 125.227 0.707
202212 0.672 125.222 0.707
202303 0.668 127.348 0.691
202306 0.668 128.729 0.684
202309 0.663 129.860 0.673
202312 0.663 129.419 0.675
202403 0.690 131.776 0.690

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.


AudioEye  (NAS:AEYE) 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.


AudioEye Cyclically Adjusted PS Ratio Related Terms

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


AudioEye (AudioEye) Business Description

Industry
Traded in Other Exchanges
N/A
Address
5210 East Williams Circle, Suite 750, Tucson, AZ, USA, 85711
AudioEye Inc is a software solution provider delivering immediate ADA and WCAG accessibility compliance at scale. Through patented technology, subject matter expertise and proprietary processes, it is eradicating all barriers to digital accessibility, helping creators get accessible and supporting them with ongoing advisory and automated upkeep. Trusted by the ADP, Tommy Hilfiger, A360 Media, Samsung, Landry's, and others. It helps everyone identify and resolve issues of accessibility and enhance user experiences, automating digital accessibility for the widest audiences.
Executives
David Moradi 10 percent owner 379 WEST BROADWAY, NEW YORK NY 10021
Jamil A. Tahir director 5210 E. WILLIAMS CIRCLE, SUITE 750, TUCSON AZ 85711
Katherine E. Fleming director ONE MIFFLIN PLACE, 119 MT. AUBURN STREET, SUITE 400, CAMBRIDGE MA 02138
Carr Bettis director, 10 percent owner, officer: Exec Chrmn/Chrmn of the Board 9070 S. RITA ROAD, SUITE 1450, TUCSON AZ 85747
Christopher Hundley officer: President C/O AUDIOEYE,INC., 5210 E. WILLIAMS CIRCLE, SUITE 750, TUSCON AZ 85711
Dominic Peter Varacalli officer: President 930 NW 12TH AVE, UNIT 228, PORTLAND OR 97209
Marc Lehmann director 5210 E. WILLIAMS CIRCLE, SUITE 750, TUCSON AZ 85711
Anthony L Coelho director 5210 E. WILLIAMS CIRCLE, SUITE 750, TUCSON AZ 85711
Kelly Georgevich officer: Chief Financial Officer 5210 E. WILLIAMS CIRCLE, SUITE 750, TUCSON AZ 85711
Sero Capital Llc 10 percent owner 1333 2ND STREET, 3RD FLOOR, SANTA MONICA CA 90401
Alexandre Zyngier director 5700 W. PLANO PARKWAY, SUITE 3600, PLANO TX 75093
Lonny Sternberg officer: Chief Operating Officer C/O AUDIOEYE, INC., 5210 E. WILLIAMS CIRCLE, SUITE 750, TUCSON AZ 85711
Heath Thompson officer: Chief Executive Officer C/O AUDIOEYE, INC., 5210 E. WILLIAMS CIRCLE, SUITE 750, TUCSON AZ 85711
Sean D. Bradley officer: President and CSO 9070 S. RITA ROAD, SUITE 1450, TUCSON AZ 85747
Sachin Barot officer: Chief Financial Officer C/O AUDIOEYE, INC., 5210 E. WILLIAMS CIRCLE, SUITE 750, TUCSON AZ 85711