GURUFOCUS.COM » STOCK LIST » Technology » Software » Q2 Holdings Inc (NYSE:QTWO) » Definitions » Cyclically Adjusted PS Ratio

Q2 Holdings (Q2 Holdings) Cyclically Adjusted PS Ratio : 8.08 (As of May. 23, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Q2 Holdings Cyclically Adjusted PS Ratio?

As of today (2024-05-23), Q2 Holdings's current share price is $61.49. Q2 Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $7.61. Q2 Holdings's Cyclically Adjusted PS Ratio for today is 8.08.

The historical rank and industry rank for Q2 Holdings's Cyclically Adjusted PS Ratio or its related term are showing as below:

QTWO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.28   Med: 5.03   Max: 10.28
Current: 8.1

During the past years, Q2 Holdings's highest Cyclically Adjusted PS Ratio was 10.28. The lowest was 3.28. And the median was 5.03.

QTWO's Cyclically Adjusted PS Ratio is ranked worse than
87.82% of 1445 companies
in the Software industry
Industry Median: 1.86 vs QTWO: 8.10

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.

Q2 Holdings's adjusted revenue per share data for the three months ended in Mar. 2024 was $2.784. 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 $7.61 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Q2 Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Q2 Holdings'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.

Q2 Holdings Cyclically Adjusted PS Ratio Chart

Q2 Holdings 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 - - - 4.09 5.90

Q2 Holdings 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 3.61 4.41 4.50 5.90 6.91

Competitive Comparison of Q2 Holdings's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, Q2 Holdings'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.


Q2 Holdings's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Q2 Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Q2 Holdings's Cyclically Adjusted PS Ratio falls into.



Q2 Holdings 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.

Q2 Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=61.49/7.61
=8.08

* 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.

Q2 Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Q2 Holdings'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)
=2.784/131.7762*131.7762
=2.784

Current CPI (Mar. 2024) = 131.7762.

Q2 Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.562 100.560 0.736
201409 0.614 100.428 0.806
201412 0.643 99.070 0.855
201503 0.678 99.621 0.897
201506 0.706 100.684 0.924
201509 0.748 100.392 0.982
201512 0.784 99.792 1.035
201603 0.865 100.470 1.135
201606 0.913 101.688 1.183
201609 0.961 101.861 1.243
201612 1.047 101.863 1.354
201703 1.096 102.862 1.404
201706 1.160 103.349 1.479
201709 1.211 104.136 1.532
201712 1.237 104.011 1.567
201803 1.300 105.290 1.627
201806 1.375 106.317 1.704
201809 1.408 106.507 1.742
201812 1.548 105.998 1.924
201903 1.629 107.251 2.002
201906 1.726 108.070 2.105
201909 1.668 108.329 2.029
201912 1.800 108.420 2.188
202003 1.902 108.902 2.302
202006 1.904 108.767 2.307
202009 1.938 109.815 2.326
202012 1.994 109.897 2.391
202103 2.088 111.754 2.462
202106 2.193 114.631 2.521
202109 2.241 115.734 2.552
202112 2.320 117.630 2.599
202203 2.352 121.301 2.555
202206 2.451 125.017 2.584
202209 2.523 125.227 2.655
202212 2.545 125.222 2.678
202303 2.643 127.348 2.735
202306 2.651 128.729 2.714
202309 2.649 129.860 2.688
202312 2.760 129.419 2.810
202403 2.784 131.776 2.784

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.


Q2 Holdings  (NYSE:QTWO) 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.


Q2 Holdings Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Q2 Holdings's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Q2 Holdings (Q2 Holdings) Business Description

Industry
Traded in Other Exchanges
Address
10355 Pecan Park Boulevard, Austin, TX, USA, 78729
Q2 Holdings Inc. is a provider of cloud-based virtual banking solutions for regional financial institutions to deliver mobile banking services to retail and commercial end-users who wish to bank anywhere and anytime. Its solutions operate on an integrated tablet-first platform which provides financial institutions a comprehensive view of account holder activity and meets the regulatory and security requirements applicable to the industry. The firm generates revenue from subscription-based arrangements for software offerings, typically for five years. A large majority of the firm's revenue is generated in the United States.
Executives
John E Breeden officer: EVP, Operations 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Kirk L Coleman officer: Chief Banking Officer 10355 PECAN PARK BLVD, AUSITN TX 78729
Kim Rutledge officer: SVP, Human Resources 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
James Offerdahl director 11501 DOMAIN DRIVE, SUITE 200, AUSTIN TX 78758
Michael A. Volanoski officer: Chief Revenue Officer 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
David J Mehok officer: Chief Financial Officer 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
R. H. Seale director, 10 percent owner, officer: Chairman 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Michael S Kerr officer: SVP, General Counsel 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Jonathan Price officer: SVP, Corp and Business Dev 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Matthew P Flake director, officer: President and CEO 10355 PECAN PARK BOULEVARD CONTACT STREE, AUSTIN TX 78729
Barry G Benton officer: SVP, General Counsel 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Lynn Antipas Tyson director 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Rebecca Lynn Atchison director 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Adam D Anderson officer: EVP, Chief Technology Officer 13785 RESEARCH BLVD., SUITE 150, AUSTIN TX 78750
Bharath Oruganti officer: SVP, Service Delivery C/O SHORETEL, INC., 960 STEWART DRIVE, SUNNYVALE CA 94085