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Constellation Software (Constellation Software) Cyclically Adjusted PS Ratio : 13.53 (As of Jun. 11, 2024)


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What is Constellation Software Cyclically Adjusted PS Ratio?

As of today (2024-06-11), Constellation Software's current share price is $2816.67. Constellation Software's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $208.20. Constellation Software's Cyclically Adjusted PS Ratio for today is 13.53.

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

CNSWF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 7.61   Med: 10.97   Max: 14.48
Current: 13.64

During the past years, Constellation Software's highest Cyclically Adjusted PS Ratio was 14.48. The lowest was 7.61. And the median was 10.97.

CNSWF's Cyclically Adjusted PS Ratio is ranked worse than
94.04% of 1459 companies
in the Software industry
Industry Median: 1.82 vs CNSWF: 13.64

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.

Constellation Software's adjusted revenue per share data for the three months ended in Mar. 2024 was $111.080. 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 $208.20 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Constellation Software Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Constellation Software'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.

Constellation Software Cyclically Adjusted PS Ratio Chart

Constellation Software 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 10.29 12.08 13.78 9.70 12.31

Constellation Software 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 11.18 11.39 11.01 12.31 13.13

Competitive Comparison of Constellation Software's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, Constellation Software'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.


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

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

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



Constellation Software 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.

Constellation Software's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2816.67/208.2
=13.53

* 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.

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

For example, Constellation Software'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)
=111.08/126.2576*126.2576
=111.080

Current CPI (Mar. 2024) = 126.2576.

Constellation Software Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 19.627 99.473 24.912
201409 19.763 99.394 25.104
201412 20.747 98.367 26.629
201503 19.955 99.789 25.248
201506 20.928 100.500 26.292
201509 21.723 100.421 27.312
201512 24.139 99.947 30.493
201603 22.980 101.054 28.712
201606 24.947 102.002 30.879
201609 25.748 101.765 31.945
201612 26.604 101.449 33.110
201703 26.205 102.634 32.237
201706 28.317 103.029 34.701
201709 30.033 103.345 36.692
201712 32.446 103.345 39.640
201803 33.928 105.004 40.795
201806 35.485 105.557 42.444
201809 35.768 105.636 42.750
201812 39.260 105.399 47.030
201903 38.647 106.979 45.611
201906 39.968 107.690 46.859
201909 41.006 107.611 48.111
201912 45.064 107.769 52.795
202003 44.970 107.927 52.608
202006 43.507 108.401 50.674
202009 47.282 108.164 55.191
202012 51.482 108.559 59.875
202103 55.493 110.298 63.523
202106 58.890 111.720 66.553
202109 61.297 112.905 68.546
202112 65.308 113.774 72.474
202203 67.525 117.646 72.468
202206 76.350 120.806 79.796
202209 81.399 120.648 85.184
202212 87.203 120.964 91.019
202303 90.506 122.702 93.129
202306 96.216 124.203 97.807
202309 100.321 125.230 101.144
202312 109.522 125.072 110.560
202403 111.080 126.258 111.080

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.


Constellation Software  (OTCPK:CNSWF) 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.


Constellation Software Cyclically Adjusted PS Ratio Related Terms

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


Constellation Software (Constellation Software) Business Description

Traded in Other Exchanges
Address
20 Adelaide Street East, Suite 1200, Toronto, ON, CAN, M5C 2T6
Constellation Software Inc is a Canada-based company that develops and customizes software for public- and private-sector markets. The firm acquires, manages, and builds vertical-specific businesses. The portfolio companies serve various markets including communications, credit unions, beverage distribution, tour operators, auto clubs, textiles and apparel, hospitality, and community care. The firm has operations in Canada; USA; UK/Europe and Other.

Constellation Software (Constellation Software) Headlines