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Kelly Services (Kelly Services) Cyclically Adjusted PS Ratio : 0.14 (As of May. 24, 2024)


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What is Kelly Services Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Kelly Services's current share price is $22.29. Kelly Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $162.03. Kelly Services's Cyclically Adjusted PS Ratio for today is 0.14.

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

KELYA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.13   Max: 0.2
Current: 0.14

During the past years, Kelly Services's highest Cyclically Adjusted PS Ratio was 0.20. The lowest was 0.08. And the median was 0.13.

KELYA's Cyclically Adjusted PS Ratio is ranked better than
91.2% of 693 companies
in the Business Services industry
Industry Median: 0.88 vs KELYA: 0.14

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.

Kelly Services's adjusted revenue per share data for the three months ended in Mar. 2024 was $29.193. 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 $162.03 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kelly Services Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kelly Services'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.

Kelly Services Cyclically Adjusted PS Ratio Chart

Kelly Services 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 0.15 0.14 0.11 0.10 0.13

Kelly Services 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 0.10 0.11 0.11 0.13 0.15

Competitive Comparison of Kelly Services's Cyclically Adjusted PS Ratio

For the Staffing & Employment Services subindustry, Kelly Services'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.


Kelly Services's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Kelly Services's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Kelly Services 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.

Kelly Services's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=22.29/162.03
=0.14

* 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.

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

For example, Kelly Services'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)
=29.193/131.7762*131.7762
=29.193

Current CPI (Mar. 2024) = 131.7762.

Kelly Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 37.714 100.560 49.422
201409 37.138 100.428 48.731
201412 38.000 99.070 50.545
201503 34.937 99.621 46.214
201506 36.640 100.684 47.955
201509 35.646 100.392 46.790
201512 38.262 99.792 50.525
201603 35.317 100.470 46.322
201606 35.914 101.688 46.540
201609 32.495 101.861 42.038
201612 33.705 101.863 43.603
201703 33.326 102.862 42.694
201706 34.371 103.349 43.825
201709 34.247 104.136 43.337
201712 35.917 104.011 45.505
201803 35.216 105.290 44.075
201806 35.745 106.317 44.305
201809 34.509 106.507 42.697
201812 35.368 105.998 43.969
201903 35.361 107.251 43.447
201906 34.885 108.070 42.538
201909 32.422 108.329 39.439
201912 33.954 108.420 41.268
202003 32.171 108.902 38.929
202006 24.754 108.767 29.991
202009 26.350 109.815 31.620
202012 31.588 109.897 37.877
202103 30.529 111.754 35.999
202106 31.851 114.631 36.615
202109 30.263 115.734 34.458
202112 31.653 117.630 35.460
202203 33.585 121.301 36.485
202206 33.175 125.017 34.969
202209 30.815 125.227 32.427
202212 32.640 125.222 34.348
202303 33.912 127.348 35.091
202306 33.440 128.729 34.232
202309 31.229 129.860 31.690
202312 34.515 129.419 35.144
202403 29.193 131.776 29.193

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.


Kelly Services  (NAS:KELYA) 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.


Kelly Services Cyclically Adjusted PS Ratio Related Terms

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


Kelly Services (Kelly Services) Business Description

Traded in Other Exchanges
Address
999 West Big Beaver Road, Troy, MI, USA, 48084
Kelly Services Inc is a provider of workforce solutions and consulting and staffing services. The company's operations are divided into five business segments namely Professional & Industrial, Science, Engineering & Technology, Education, Outsourcing & Consulting, and International. Other than OCG, each segment delivers talent through staffing services, permanent placement or outcome-based services. OCG segment delivers talent solutions including managed service provider, payroll process outsourcing, recruitment process outsourcing, and talent advisory services. International also delivers RPO talent solutions within its local markets. Majority of revenue is derived from Professional & Industrial.
Executives
Tammy L Browning officer: Senior Vice President 999 WEST BIG BEAVER RD, TROY MI 48084-4716
Timothy L Dupree officer: Senior Vice President 999 WEST BIG BEAVER RD, TROY MI 48084-4716
Daniel H Malan officer: Senior Vice President 999 WEST BIG BEAVER RD, TROY MI 48084-4716
Olivier Thirot officer: Senior Vice President 999 WEST BIG BEAVER ROAD, TROY MI 48084
Donald R Parfet director C/O 350 E MICHIGAN AVENUE STE 500, APJOHN GROUP LLC, KALAMAZOO MI 49007
Darren Simons officer: SVP and Chief Digital Officer 999 W. BIG BEAVER ROAD, TROY MI 48084-4716
Amala Duggirala director PO BOX 10247, BIRMINGHAM AL 35202-0247
Inamarie Johnson director 1019 MARKET STREET, SAN FRANCISCO CA 94103
Terrence B Larkin director 21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033
Jane E Dutton director 701 TAPPAN STREET, ANN ARBOR MI 49101-1234
James H Bradley officer: Senior Vice President 999 WEST BIG BEAVER RD, TROY MI 48084-4716
Vanessa Peterson Williams officer: General Counsel 999 WEST BIG BEAVER ROAD, TROY MI 48084-4716
Leslie A Murphy director 4811 S CHIPPING GLEN, BLOOMFIELD HILLS MI 48302
George S Corona officer: Executive Vice President 2653 TOWER HILL, ROCHESTER HILLS MI 48306
James Polehna officer: VP and Corporate Secretary 999 WEST BIG BEAVER ROAD, TROY MI 48084