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Block (FRA:SQ3) Cyclically Adjusted PS Ratio : 3.77 (As of May. 14, 2024)


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What is Block Cyclically Adjusted PS Ratio?

As of today (2024-05-14), Block's current share price is €64.64. Block's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €17.16. Block's Cyclically Adjusted PS Ratio for today is 3.77.

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

FRA:SQ3' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.26   Med: 3.74   Max: 4.67
Current: 3.83

During the past years, Block's highest Cyclically Adjusted PS Ratio was 4.67. The lowest was 2.26. And the median was 3.74.

FRA:SQ3's Cyclically Adjusted PS Ratio is ranked worse than
69.83% of 1442 companies
in the Software industry
Industry Median: 1.855 vs FRA:SQ3: 3.83

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.

Block's adjusted revenue per share data for the three months ended in Mar. 2024 was €8.599. 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 €17.16 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Block Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Block'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.

Block Cyclically Adjusted PS Ratio Chart

Block 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 - - - - 4.27

Block 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 - - 2.50 4.27 4.54

Competitive Comparison of Block's Cyclically Adjusted PS Ratio

For the Software - Infrastructure subindustry, Block'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.


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

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

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



Block 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=64.64/17.16
=3.77

* 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.

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

For example, Block'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)
=8.599/129.4194*129.4194
=8.599

Current CPI (Mar. 2024) = 129.4194.

Block Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.000 100.560 0.000
201409 0.621 100.428 0.800
201412 0.716 99.070 0.935
201503 0.814 99.621 1.057
201506 0.972 100.684 1.249
201509 0.917 100.392 1.182
201512 1.026 99.792 1.331
201603 1.028 100.470 1.324
201606 1.167 101.688 1.485
201609 1.137 101.861 1.445
201612 1.202 101.863 1.527
201703 1.177 102.862 1.481
201706 1.304 103.349 1.633
201709 1.279 104.136 1.590
201712 1.334 104.011 1.660
201803 1.369 105.290 1.683
201806 1.730 106.317 2.106
201809 1.592 106.507 1.934
201812 1.980 105.998 2.418
201903 2.025 107.251 2.444
201906 2.455 108.070 2.940
201909 2.467 108.329 2.947
201912 1.988 108.420 2.373
202003 2.874 108.902 3.415
202006 3.881 108.767 4.618
202009 5.277 109.815 6.219
202012 4.263 109.897 5.020
202103 8.473 111.754 9.812
202106 7.434 114.631 8.393
202109 6.483 115.734 7.250
202112 7.802 117.630 8.584
202203 6.642 121.301 7.087
202206 7.167 125.017 7.419
202209 7.695 125.227 7.953
202212 7.328 125.222 7.574
202303 7.474 127.348 7.596
202306 8.421 128.729 8.466
202309 8.611 129.860 8.582
202312 8.326 129.419 8.326
202403 8.599 129.419 8.599

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.


Block  (FRA:SQ3) 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.


Block Cyclically Adjusted PS Ratio Related Terms

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


Block (FRA:SQ3) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Block Inc (FRA:SQ3) » Definitions » Cyclically Adjusted PS Ratio
Address
1455 Market Street, Suite 600, San Francisco, CA, USA, 94103
Founded in 2009, Block provides payment services to merchants, along with related services. The company also launched Cash App, a person-to-person payment network. In 2022, Square's payment volume was a little over $200 million.

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