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Palo Alto Networks (NEOE:PANW) Cyclically Adjusted PS Ratio : 22.45 (As of Jun. 08, 2024)


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What is Palo Alto Networks Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Palo Alto Networks's current share price is C$18.63. Palo Alto Networks's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2024 was C$0.83. Palo Alto Networks's Cyclically Adjusted PS Ratio for today is 22.45.

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

NEOE:PANW' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 11.63   Med: 19.12   Max: 29.68
Current: 22.64

During the past years, Palo Alto Networks's highest Cyclically Adjusted PS Ratio was 29.68. The lowest was 11.63. And the median was 19.12.

NEOE:PANW's Cyclically Adjusted PS Ratio is ranked worse than
97.19% of 1461 companies
in the Software industry
Industry Median: 1.81 vs NEOE:PANW: 22.64

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.

Palo Alto Networks's adjusted revenue per share data for the three months ended in Apr. 2024 was C$7.654. 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 C$0.83 for the trailing ten years ended in Apr. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Palo Alto Networks Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Palo Alto Networks'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.

Palo Alto Networks Cyclically Adjusted PS Ratio Chart

Palo Alto Networks Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 14.62 18.20 17.37 21.42

Palo Alto Networks Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 16.43 21.42 19.91 26.65 21.82

Competitive Comparison of Palo Alto Networks's Cyclically Adjusted PS Ratio

For the Software - Infrastructure subindustry, Palo Alto Networks'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.


Palo Alto Networks's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



Palo Alto Networks 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.

Palo Alto Networks's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=18.63/0.83
=22.45

* 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.

Palo Alto Networks's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2024 is calculated as:

For example, Palo Alto Networks's adjusted Revenue per Share data for the three months ended in Apr. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=7.654/131.7762*131.7762
=7.654

Current CPI (Apr. 2024) = 131.7762.

Palo Alto Networks Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201407 0.820 100.520 1.075
201410 0.905 100.176 1.190
201501 1.089 98.604 1.455
201504 1.170 99.824 1.545
201507 1.449 100.691 1.896
201510 1.522 100.346 1.999
201601 1.830 99.957 2.413
201604 1.683 100.947 2.197
201607 1.961 101.524 2.545
201610 1.958 101.988 2.530
201701 2.047 102.456 2.633
201704 2.125 103.167 2.714
201707 2.339 103.278 2.984
201710 2.320 104.070 2.938
201801 2.481 104.578 3.126
201804 2.622 105.708 3.269
201807 3.103 106.324 3.846
201810 3.031 106.695 3.744
201901 3.354 106.200 4.162
201904 3.432 107.818 4.195
201907 3.678 108.250 4.477
201910 3.513 108.577 4.264
202001 3.625 108.841 4.389
202004 4.210 108.173 5.129
202007 4.454 109.318 5.369
202010 4.364 109.861 5.235
202101 4.498 110.364 5.371
202104 4.616 112.673 5.399
202107 5.241 115.183 5.996
202110 5.295 116.696 5.979
202201 5.644 118.619 6.270
202204 5.902 121.978 6.376
202207 6.724 125.002 7.088
202210 6.324 125.734 6.628
202301 6.699 126.223 6.994
202304 6.732 127.992 6.931
202307 7.271 128.974 7.429
202310 7.362 129.810 7.474
202401 7.416 130.124 7.510
202404 7.654 131.776 7.654

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.


Palo Alto Networks  (NEOE:PANW) 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.


Palo Alto Networks Cyclically Adjusted PS Ratio Related Terms

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


Palo Alto Networks (NEOE:PANW) Business Description

Comparable Companies
Traded in Other Exchanges
Address
3000 Tannery Way, Santa Clara, CA, USA, 95054
Palo Alto Networks is a platform-based cybersecurity vendor with product offerings covering network security, cloud security, and security operations. The California-based firm has more than 85,000 customers across the world, including more than three fourths of the Global 2000.