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PAR Technology (PAR Technology) Cyclically Adjusted PS Ratio : 3.03 (As of May. 28, 2024)


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What is PAR Technology Cyclically Adjusted PS Ratio?

As of today (2024-05-28), PAR Technology's current share price is $48.34. PAR Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $15.97. PAR Technology's Cyclically Adjusted PS Ratio for today is 3.03.

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

PAR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.24   Med: 1.19   Max: 5.69
Current: 3.03

During the past years, PAR Technology's highest Cyclically Adjusted PS Ratio was 5.69. The lowest was 0.24. And the median was 1.19.

PAR's Cyclically Adjusted PS Ratio is ranked worse than
64.22% of 1445 companies
in the Software industry
Industry Median: 1.84 vs PAR: 3.03

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.

PAR Technology's adjusted revenue per share data for the three months ended in Mar. 2024 was $3.574. 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 $15.97 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PAR Technology Cyclically Adjusted PS Ratio Historical Data

The historical data trend for PAR Technology'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.

PAR Technology Cyclically Adjusted PS Ratio Chart

PAR Technology 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 1.95 4.12 3.38 1.65 2.75

PAR Technology 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 2.14 2.07 2.41 2.75 2.84

Competitive Comparison of PAR Technology's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, PAR Technology'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.


PAR Technology's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



PAR Technology 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.

PAR Technology's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=48.34/15.97
=3.03

* 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.

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

For example, PAR Technology'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)
=3.574/131.7762*131.7762
=3.574

Current CPI (Mar. 2024) = 131.7762.

PAR Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.677 100.560 4.818
201409 3.366 100.428 4.417
201412 3.800 99.070 5.055
201503 3.515 99.621 4.650
201506 3.760 100.684 4.921
201509 3.708 100.392 4.867
201512 3.614 99.792 4.772
201603 3.517 100.470 4.613
201606 3.360 101.688 4.354
201609 3.886 101.861 5.027
201612 3.819 101.863 4.941
201703 4.122 102.862 5.281
201706 3.848 103.349 4.906
201709 3.063 104.136 3.876
201712 3.482 104.011 4.411
201803 3.418 105.290 4.278
201806 3.219 106.317 3.990
201809 2.885 106.507 3.569
201812 2.904 105.998 3.610
201903 2.785 107.251 3.422
201906 2.716 108.070 3.312
201909 2.784 108.329 3.387
201912 3.182 108.420 3.867
202003 3.051 108.902 3.692
202006 2.504 108.767 3.034
202009 3.005 109.815 3.606
202012 2.706 109.897 3.245
202103 2.484 111.754 2.929
202106 2.706 114.631 3.111
202109 2.995 115.734 3.410
202112 3.034 117.630 3.399
202203 2.977 121.301 3.234
202206 3.154 125.017 3.325
202209 3.422 125.227 3.601
202212 3.596 125.222 3.784
202303 3.673 127.348 3.801
202306 3.675 128.729 3.762
202309 3.900 129.860 3.958
202312 3.851 129.419 3.921
202403 3.574 131.776 3.574

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.


PAR Technology  (NYSE:PAR) 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.


PAR Technology Cyclically Adjusted PS Ratio Related Terms

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


PAR Technology (PAR Technology) Business Description

Industry
Traded in Other Exchanges
Address
PAR Technology Park, 8383 Seneca Turnpike, New Hartford, NY, USA, 13413-4991
PAR Technology Corp together with its subsidiaries provides management technology solutions including software, hardware, and related services, integral to the point-of-sale infrastructure and task management, information gathering, assimilation and communication services. It has two segments. Restaurant/ Retail segment provides point-of-sale and management technology solutions such as hardware, software and integrated technical solutions to the restaurant and retail industries. Government segment provides intelligence, surveillance, and reconnaissance solutions and mission systems support. The company derives the majority of its revenues from the Restaurant/ Retail segment.
Executives
Douglas Gregory Rauch director 54 WILDE ROAD, WABAN MA 02468
Michael Anthony Steenberge officer: Chief Accounting Officer PAR TECHNOLOGY CORPORATION, 8383 SENECA TURNPIKE, NEW HARTFORD NY 13413
Cathy A King officer: VP, GEN COUNSEL & CORP SEC 5424 LAKE HOUSE ROAD, BRANTINGHAM NY 13312
Michael David Nelson officer: President of Subsidiary 747 GRAND WOOD CT., SPRINGBORO OH 45066
Raju Malhotra officer: CHF PRODUCT & TECH OFFICER 745 BROMFIELD RD, HILLSBOROUGH CA 94010
Narinder Singh director 4096 PIEDMONT AVENUE, #231, OAKLAND CA 94618
Keith Pascal director 1520 FOREST AVE., HIGHLAND PARK IL 60035
Sammon John W Jr director 8383 SENECA TURNPIKE, NEW HARTFORD NY 13413
Bryan A Menar officer: VP & Chief Financial Officer 8383 SENECA TURNPIKE, NEW HARTFORD NY 13413
Matthew R Cicchinelli officer: President, PGSC & RRC 8383 SENECA TURNPIKE, NEW HARTFORD NY 13413
Donald H Foley director, officer: President & CEO 8383 SENECA TURNPIKE, NEW HARTFORD NY 13413
Adam D Wyden 10 percent owner 1133 BROADWAY, SUITE 719, NEW YORK NY 10010
Adw Capital Management, Llc 10 percent owner 6431 ALLISON ROAD, MIAMI BEACH FL 33141
Adw Capital Partners, L.p. 10 percent owner 6431 ALLISON ROAD, MIAMI BEACH FL 33141
James C Stoffel director 101 KNOLLWOOD DRIVE, ROCHESTER NY 14618