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Issuer Direct (Issuer Direct) Cyclically Adjusted PS Ratio : 1.56 (As of May. 24, 2024)


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What is Issuer Direct Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Issuer Direct's current share price is $9.85. Issuer Direct's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $6.32. Issuer Direct's Cyclically Adjusted PS Ratio for today is 1.56.

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

ISDR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.57   Med: 3.8   Max: 6.42
Current: 1.57

During the past years, Issuer Direct's highest Cyclically Adjusted PS Ratio was 6.42. The lowest was 1.57. And the median was 3.80.

ISDR's Cyclically Adjusted PS Ratio is ranked better than
55.09% of 1445 companies
in the Software industry
Industry Median: 1.86 vs ISDR: 1.57

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.

Issuer Direct's adjusted revenue per share data for the three months ended in Mar. 2024 was $1.822. 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 $6.32 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Issuer Direct Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Issuer Direct'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.

Issuer Direct Cyclically Adjusted PS Ratio Chart

Issuer Direct 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 2.84 3.98 5.81 4.35 2.90

Issuer Direct 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 3.51 3.03 2.97 2.90 2.05

Competitive Comparison of Issuer Direct's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, Issuer Direct'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.


Issuer Direct's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



Issuer Direct 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.

Issuer Direct's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.85/6.32
=1.56

* 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.

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

For example, Issuer Direct'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)
=1.822/131.7762*131.7762
=1.822

Current CPI (Mar. 2024) = 131.7762.

Issuer Direct Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.727 100.560 2.263
201409 1.521 100.428 1.996
201412 1.488 99.070 1.979
201503 1.289 99.621 1.705
201506 1.316 100.684 1.722
201509 1.092 100.392 1.433
201512 0.888 99.792 1.173
201603 1.135 100.470 1.489
201606 1.074 101.688 1.392
201609 0.979 101.861 1.267
201612 0.952 101.863 1.232
201703 0.958 102.862 1.227
201706 1.140 103.349 1.454
201709 0.965 104.136 1.221
201712 1.099 104.011 1.392
201803 1.135 105.290 1.421
201806 1.211 106.317 1.501
201809 0.903 106.507 1.117
201812 0.914 105.998 1.136
201903 1.080 107.251 1.327
201906 1.068 108.070 1.302
201909 1.039 108.329 1.264
201912 1.036 108.420 1.259
202003 1.050 108.902 1.271
202006 1.299 108.767 1.574
202009 1.296 109.815 1.555
202012 1.248 109.897 1.496
202103 1.305 111.754 1.539
202106 1.497 114.631 1.721
202109 1.430 115.734 1.628
202112 1.495 117.630 1.675
202203 1.379 121.301 1.498
202206 1.540 125.017 1.623
202209 1.452 125.227 1.528
202212 1.906 125.222 2.006
202303 2.262 127.348 2.341
202306 2.534 128.729 2.594
202309 1.980 129.860 2.009
202312 1.973 129.419 2.009
202403 1.822 131.776 1.822

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.


Issuer Direct  (AMEX:ISDR) 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.


Issuer Direct Cyclically Adjusted PS Ratio Related Terms

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


Issuer Direct (Issuer Direct) Business Description

Industry
Traded in Other Exchanges
Address
One Glenwood Avenue, Suite 1001, Raleigh, NC, USA, 27603
Issuer Direct Corp is a communications and compliance company. It focuses on the needs of corporate issuers. It provides disclosure management solutions, shareholder communications tools, and cloud-based compliance technologies. The company serves a diverse range of client base in the financial services industry, including brokerage firms, banks, mutual funds, accounting and the legal communities. Its current brands and products include the following: Issuer Direct, Accesswire, Investor Network, Blueprint, Classify, iProxy Direct, iR Direct and annual report service. Its primary geographic markets are North America and Europe of which North America contributes the vast majority of total revenue.
Executives
Brian R Balbirnie director, 10 percent owner, officer: Chairman & CEO C/O ISSUER DIRECT CORP., 500 PERIMETER PARK DRIVE, SUITE D, MORRISVILLE NC 27560
J. Patrick Galleher director 11 S. 12TH STREET, RICHMOND VA 23219
William H Everett director 6 ARROWWOOD LANE, ANDOVER MA 01810
Steven Winfield Knerr officer: Chief Financial Officer 500 PERIMETER PARK DRIVE, SUITE D, MORRISVILLE NC 27560
Timothy Pitoniak officer: Chief Financial Officer 8651 10TH ST N, APT 132, ST. PETERSBURG FL 33702
Marti Beller Lazear director 1000 CENTRAL AVENUE, ST. PETERSBURG FL 33705
Graeme P. Rein director 221 WILCOX ST, SUITE A, CASTLE ROCK CO 80104
Eric Alan Frank director 23 WASHINGTON AVENUE, IRVINGTON NY 10533
Michael Joseph Nowlan director 336 GLENGARRY AVE., NORTH YORK A6 M5M1E6
Red Oak Partners, Llc 10 percent owner 95 S. FEDERAL HWY, SUITE 201, BOCA RATON FL 33432
Wesley T Pollard officer: Chief Financial Officer 10109 SPORTING CLUB DR, RALEIGH NC 27617
James Michael 10 percent owner 5321 RIDGELOCH PLACE, RALEIGH NC 27612
David Sandberg director 40 SE 5TH STREET, SUITE 502, BOCA RATON FL 33432
Andre Boisvert director 46939 BAYSIDE PKWY, FREMONT CA 94538
Lori A Jones officer: Chief Executive Officer 8310 N. NEW BRAUNFELS, SUITE 205, SAN ANTONIO TX 78217