GURUFOCUS.COM » STOCK LIST » Technology » Software » Xerox Holdings Corp (BUE:XROX) » Definitions » Cyclically Adjusted PS Ratio

Xerox Holdings (BUE:XROX) Cyclically Adjusted PS Ratio : 0.34 (As of May. 24, 2024)


View and export this data going back to 2019. Start your Free Trial

What is Xerox Holdings Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Xerox Holdings's current share price is ARS17280.00. Xerox Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ARS51,577.10. Xerox Holdings's Cyclically Adjusted PS Ratio for today is 0.34.

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

BUE:XROX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.42   Max: 0.72
Current: 0.29

During the past years, Xerox Holdings's highest Cyclically Adjusted PS Ratio was 0.72. The lowest was 0.25. And the median was 0.42.

BUE:XROX's Cyclically Adjusted PS Ratio is ranked better than
88.57% of 1444 companies
in the Software industry
Industry Median: 1.865 vs BUE:XROX: 0.29

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.

Xerox Holdings's adjusted revenue per share data for the three months ended in Mar. 2024 was ARS10,211.380. 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 ARS51,577.10 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Xerox Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Xerox 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.

Xerox Holdings Cyclically Adjusted PS Ratio Chart

Xerox Holdings 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 0.69 0.46 0.45 0.29 0.38

Xerox 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 0.31 0.30 0.32 0.38 0.37

Competitive Comparison of Xerox Holdings's Cyclically Adjusted PS Ratio

For the Information Technology Services subindustry, Xerox 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.


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

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

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



Xerox 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17280.00/51577.1
=0.34

* 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.

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

For example, Xerox 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)
=10211.38/131.7762*131.7762
=10,211.380

Current CPI (Mar. 2024) = 131.7762.

Xerox Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 135.999 100.560 178.217
201409 138.554 100.428 181.803
201412 -54.681 99.070 -72.733
201503 139.942 99.621 185.112
201506 150.939 100.684 197.551
201509 155.924 100.392 204.669
201512 -97.326 99.792 -128.519
201603 149.686 100.470 196.327
201606 152.817 101.688 198.033
201609 152.994 101.861 197.926
201612 168.511 101.863 217.997
201703 147.704 102.862 189.223
201706 160.802 103.349 205.032
201709 166.130 104.136 210.226
201712 183.748 104.011 232.798
201803 190.557 105.290 238.494
201806 242.683 106.317 300.798
201809 344.428 106.507 426.146
201812 361.666 105.998 449.622
201903 365.772 107.251 449.416
201906 429.739 108.070 524.009
201909 527.391 108.329 641.539
201912 679.141 108.420 825.443
202003 542.651 108.902 656.635
202006 465.256 108.767 563.677
202009 616.727 109.815 740.063
202012 787.510 109.897 944.296
202103 777.312 111.754 916.574
202106 898.582 114.631 1,032.978
202109 946.696 115.734 1,077.917
202112 1,055.487 117.630 1,182.425
202203 1,145.397 121.301 1,244.310
202206 1,354.750 125.017 1,427.999
202209 1,562.660 125.227 1,644.392
202212 2,077.602 125.222 2,186.349
202303 2,147.745 127.348 2,222.431
202306 2,681.120 128.729 2,744.592
202309 3,638.407 129.860 3,692.109
202312 5,068.047 129.419 5,160.339
202403 10,211.380 131.776 10,211.380

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.


Xerox Holdings  (BUE:XROX) 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.


Xerox Holdings Cyclically Adjusted PS Ratio Related Terms

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


Xerox Holdings (BUE:XROX) Business Description

Industry
Traded in Other Exchanges
Address
201 Merritt 7, P.O. Box 4505, Norwalk, CT, USA, 06851-1056
Xerox Holdings Corp is an original equipment manufacturing and software company. Xerox operates in one segment--design, development, and sale of printing technology and related solutions--while deriving 60% of its revenue from the U.S. and 40% from international markets. The company is an OEM of multifunction printers, or MFPs (printers that can print, copy, and scan), focusing on large enterprise markets. Apart from equipment, the company provides post-sales services like managed print services--a service that helps to bring smart servicing and efficiencies to how employers use their print/copy equipment. Xerox is attempting to enter new markets like digital print packaging solutions and printed electronics.

Xerox Holdings (BUE:XROX) Headlines

No Headlines