GURUFOCUS.COM » STOCK LIST » Technology » Software » Leidos Holdings Inc (BSP:L1DO34) » Definitions » Cyclically Adjusted PS Ratio

Leidos Holdings (BSP:L1DO34) Cyclically Adjusted PS Ratio : 1.57 (As of Jun. 02, 2024)


View and export this data going back to 2020. Start your Free Trial

What is Leidos Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-02), Leidos Holdings's current share price is R$76.50. Leidos Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$48.85. Leidos Holdings's Cyclically Adjusted PS Ratio for today is 1.57.

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

BSP:L1DO34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.88   Max: 1.55
Current: 1.51

During the past years, Leidos Holdings's highest Cyclically Adjusted PS Ratio was 1.55. The lowest was 0.37. And the median was 0.88.

BSP:L1DO34's Cyclically Adjusted PS Ratio is ranked better than
55.8% of 1448 companies
in the Software industry
Industry Median: 1.835 vs BSP:L1DO34: 1.51

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.

Leidos Holdings's adjusted revenue per share data for the three months ended in Mar. 2024 was R$14.449. 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 R$48.85 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Leidos Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Leidos Holdings'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.

Leidos Holdings Cyclically Adjusted PS Ratio Chart

Leidos Holdings Annual Data
Trend Jan14 Jan15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.12 1.25 1.05 1.16 1.14

Leidos Holdings 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 1.00 0.95 0.97 1.14 1.35

Competitive Comparison of Leidos Holdings's Cyclically Adjusted PS Ratio

For the Information Technology Services subindustry, Leidos Holdings'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.


Leidos Holdings's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



Leidos Holdings 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.

Leidos Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=76.50/48.85
=1.57

* 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.

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

For example, Leidos Holdings'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)
=14.449/131.7762*131.7762
=14.449

Current CPI (Mar. 2024) = 131.7762.

Leidos Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201401 3.850 98.692 5.141
201404 3.755 100.023 4.947
201407 3.925 100.520 5.145
201410 4.224 100.176 5.556
201501 4.338 98.604 5.797
201506 5.286 100.684 6.918
201509 6.962 100.392 9.138
201603 6.556 100.470 8.599
201606 5.959 101.688 7.722
201609 5.331 101.861 6.897
201612 5.572 101.863 7.208
201703 5.274 102.862 6.756
201706 5.538 103.349 7.061
201709 5.091 104.136 6.442
201712 5.280 104.011 6.689
201803 5.202 105.290 6.511
201806 6.193 106.317 7.676
201809 6.915 106.507 8.556
201812 6.853 105.998 8.520
201903 6.733 107.251 8.273
201906 7.204 108.070 8.784
201909 8.054 108.329 9.797
201912 8.539 108.420 10.378
202003 9.803 108.902 11.862
202006 10.499 108.767 12.720
202009 12.158 109.815 14.589
202012 11.618 109.897 13.931
202103 12.972 111.754 15.296
202106 12.125 114.631 13.938
202109 12.858 115.734 14.640
202112 13.805 117.630 15.465
202203 12.420 121.301 13.493
202206 13.157 125.017 13.868
202209 13.709 125.227 14.426
202212 14.052 125.222 14.788
202303 13.961 127.348 14.446
202306 13.499 128.729 13.819
202309 14.135 129.860 14.344
202312 13.831 129.419 14.083
202403 14.449 131.776 14.449

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.


Leidos Holdings  (BSP:L1DO34) 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.


Leidos Holdings Cyclically Adjusted PS Ratio Related Terms

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


Leidos Holdings (BSP:L1DO34) Business Description

Industry
Traded in Other Exchanges
Address
1750 Presidents Street, Reston, VA, USA, 20190
Leidos Holdings Inc is a technology, engineering, and science company that provides services and solutions in the defense, intelligence, civil and health markets, both domestically and internationally. Company customer includes the U.S. Department of Defense ("DoD"), the U.S. Intelligence Community, the U.S. Department of Homeland Security ("DHS"), the Federal Aviation Administration ("FAA"), the Department of Veterans Affairs ("VA"), and many other U.S. civilian, state and local government agencies, etc. The company is engaged in three reportable segments; Defense Solutions, Civil, and Health. Defense Solutions provides leading-edge and technologically advanced services, solutions, and products to a broad customer base. It generates key revenue from Defense Solutions.

Leidos Holdings (BSP:L1DO34) Headlines

No Headlines