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As of today (2024-05-26), Avid Technology's current share price is $27.04. Avid Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 was $12.78. Avid Technology's Cyclically Adjusted PS Ratio for today is 2.12.
The historical rank and industry rank for Avid Technology's Cyclically Adjusted PS Ratio or its related term are showing as below:
During the past years, Avid Technology's highest Cyclically Adjusted PS Ratio was 2.84. The lowest was 0.22. And the median was 0.43.
AVID's Cyclically Adjusted PS Ratio is not rankedThe 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.
Avid Technology's adjusted revenue per share data for the three months ended in Sep. 2023 was $2.059. 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 $12.78 for the trailing ten years ended in Sep. 2023.
The historical data trend for Avid Technology'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.
Avid Technology 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 | 1.75 | 2.04 | 2.46 | 1.97 | 2.10 |
For the Software - Application subindustry, Avid Technology'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.
For the Software industry and Technology sector, Avid Technology's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Avid Technology's Cyclically Adjusted PS Ratio falls into.
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.
Avid Technology's Cyclically Adjusted PS Ratio for today is calculated as
Cyclically Adjusted PS Ratio | = | Share Price | / | Cyclically Adjusted Revenue per Share |
= | 27.04 | / | 12.78 | |
= | 2.12 |
* 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.
Avid Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 is calculated as:
For example, Avid Technology'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) |
= | 2.059 | / | 129.8595 | * | 129.8595 | |
= | 2.059 |
Current CPI (Sep. 2023) = 129.8595.
Avid Technology Quarterly Data
Revenue per Share | CPI | Adj_RevenuePerShare | |
201312 | 3.764 | 98.326 | 4.971 |
201403 | 3.450 | 99.695 | 4.494 |
201406 | 3.186 | 100.560 | 4.114 |
201409 | 3.633 | 100.428 | 4.698 |
201412 | 3.239 | 99.070 | 4.246 |
201503 | 3.036 | 99.621 | 3.958 |
201506 | 2.769 | 100.684 | 3.571 |
201509 | 3.458 | 100.392 | 4.473 |
201512 | 3.519 | 99.792 | 4.579 |
201603 | 3.621 | 100.470 | 4.680 |
201606 | 3.374 | 101.688 | 4.309 |
201609 | 2.940 | 101.861 | 3.748 |
201612 | 2.822 | 101.863 | 3.598 |
201703 | 2.553 | 102.862 | 3.223 |
201706 | 2.500 | 103.349 | 3.141 |
201709 | 2.545 | 104.136 | 3.174 |
201712 | 2.602 | 104.011 | 3.249 |
201803 | 2.365 | 105.290 | 2.917 |
201806 | 2.371 | 106.317 | 2.896 |
201809 | 2.464 | 106.507 | 3.004 |
201812 | 2.692 | 105.998 | 3.298 |
201903 | 2.457 | 107.251 | 2.975 |
201906 | 2.319 | 108.070 | 2.787 |
201909 | 2.140 | 108.329 | 2.565 |
201912 | 2.504 | 108.420 | 2.999 |
202003 | 1.999 | 108.902 | 2.384 |
202006 | 1.794 | 108.767 | 2.142 |
202009 | 2.020 | 109.815 | 2.389 |
202012 | 2.267 | 109.897 | 2.679 |
202103 | 2.042 | 111.754 | 2.373 |
202106 | 2.038 | 114.631 | 2.309 |
202109 | 2.189 | 115.734 | 2.456 |
202112 | 2.596 | 117.630 | 2.866 |
202203 | 2.217 | 121.301 | 2.373 |
202206 | 2.165 | 125.017 | 2.249 |
202209 | 2.304 | 125.227 | 2.389 |
202212 | 2.632 | 125.222 | 2.729 |
202303 | 2.232 | 127.348 | 2.276 |
202306 | 2.461 | 128.729 | 2.483 |
202309 | 2.059 | 129.860 | 2.059 |
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.
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.
Thank you for viewing the detailed overview of Avid Technology's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Kenneth L Gayron | officer: EVP & Chief Financial Officer | 75 NETWORK DRIVE, BURLINGTON MA 34212 |
Timothy Claman | officer: SVP & GM Video Post & Storage | 75 NETWORK DRIVE, BURLINGTON MA 01803 |
Cordiner Tom J. A. | officer: SVP of Global Sales | PINEWOOD ROAD, IVER HEATH, BUCKINGHAMSHIRE, ENGLAND X0 01803 |
David Toomey | officer: SVP & GM Audio and Music | 75 NETWORK DRIVE, BURLINGTON MA 01830 |
Mariesa Victoria | officer: VP & Chief Accounting Officer | 75 NETWORK DRIVE, BURLINGTON MA 01803 |
Christian Asmar | director | 152 WEST 57TH STREET, 17TH FLOOR, NEW YORK CITY NY 10019 |
Dana Ruzicka | officer: VP, Chief Product Officer | 75 NETWORK DRIVE, BURLINGTON MA 01803 |
Nancy Hawthorne | director | AVID TECHNOLOGY, INC., 75 NETWORK DRIVE, BURLINGTON MA 01803 |
Robert M Bakish | director | AVID TECHNOLOGY, INC., 75 NETWORK DRIVE, BURLINGTON MA 01803 |
Lior Netzer | officer: SVP & GM, Media & Cloud | 75 NETWORK DRIVE, BURLINGTON MA 01803 |
Kevin W. Riley | officer: Chief Technology Officer | 75 NETWORK DRIVE, BURLINGTON MA 01803 |
Garrard Brown | officer: Chief Accounting Officer, other: Principal Accounting Officer | AVID TECHNOLOGY, INC., 75 NETWORK DRIVE, BURLINGTON MA 01803 |
Jason A Duva | officer: Senior VP & General Counsel, other: Corporate Secretary | AVID TECHNOLOGY, INC., 75 NETWORK DRIVE, BURLINGTON MA 01803 |
Lauren Taylor Wolfe | 10 percent owner | 3100 CUMBERLAND BOULEVARD, SUITE 1700, ATLANTA GA 30339 |
Impactive Capital Llc | 10 percent owner | 152 WEST 57TH, 17TH FLOOR, NEW YORK CITY NY 10019 |
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