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Ribbon Communications (Ribbon Communications) Cyclically Adjusted PS Ratio : 0.51 (As of May. 22, 2024)


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What is Ribbon Communications Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Ribbon Communications's current share price is $3.25. Ribbon Communications's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $6.42. Ribbon Communications's Cyclically Adjusted PS Ratio for today is 0.51.

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

RBBN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.3   Med: 1.15   Max: 3.83
Current: 0.5

During the past years, Ribbon Communications's highest Cyclically Adjusted PS Ratio was 3.83. The lowest was 0.30. And the median was 1.15.

RBBN's Cyclically Adjusted PS Ratio is ranked better than
69.9% of 299 companies
in the Telecommunication Services industry
Industry Median: 1.06 vs RBBN: 0.50

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.

Ribbon Communications's adjusted revenue per share data for the three months ended in Mar. 2024 was $1.042. 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 $6.42 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ribbon Communications Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ribbon Communications'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.

Ribbon Communications Cyclically Adjusted PS Ratio Chart

Ribbon Communications 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 0.56 1.17 1.01 0.44 0.45

Ribbon Communications 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 0.53 0.43 0.42 0.45 0.50

Competitive Comparison of Ribbon Communications's Cyclically Adjusted PS Ratio

For the Telecom Services subindustry, Ribbon Communications'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.


Ribbon Communications's Cyclically Adjusted PS Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Ribbon Communications's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Ribbon Communications 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.

Ribbon Communications's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.25/6.42
=0.51

* 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.

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

For example, Ribbon Communications'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)
=1.042/131.7762*131.7762
=1.042

Current CPI (Mar. 2024) = 131.7762.

Ribbon Communications Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.529 100.560 2.004
201409 1.485 100.428 1.949
201412 1.558 99.070 2.072
201503 1.015 99.621 1.343
201506 1.105 100.684 1.446
201509 1.367 100.392 1.794
201512 1.536 99.792 2.028
201603 1.195 100.470 1.567
201606 1.231 101.688 1.595
201609 1.316 101.861 1.702
201612 1.373 101.863 1.776
201703 1.087 102.862 1.393
201706 1.125 103.349 1.434
201709 1.489 104.136 1.884
201712 1.683 104.011 2.132
201803 1.189 105.290 1.488
201806 1.345 106.317 1.667
201809 1.453 106.507 1.798
201812 1.565 105.998 1.946
201903 1.099 107.251 1.350
201906 1.314 108.070 1.602
201909 1.243 108.329 1.512
201912 1.460 108.420 1.775
202003 1.306 108.902 1.580
202006 1.457 108.767 1.765
202009 1.524 109.815 1.829
202012 1.453 109.897 1.742
202103 1.321 111.754 1.558
202106 1.370 114.631 1.575
202109 1.420 115.734 1.617
202112 1.551 117.630 1.738
202203 1.161 121.301 1.261
202206 1.370 125.017 1.444
202209 1.303 125.227 1.371
202212 1.388 125.222 1.461
202303 1.105 127.348 1.143
202306 1.238 128.729 1.267
202309 1.187 129.860 1.205
202312 1.318 129.419 1.342
202403 1.042 131.776 1.042

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.


Ribbon Communications  (NAS:RBBN) 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.


Ribbon Communications Cyclically Adjusted PS Ratio Related Terms

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


Ribbon Communications (Ribbon Communications) Business Description

Traded in Other Exchanges
Address
6500 Chase Oaks Boulevard, Suite 100, Plano, TX, USA, 75023
Ribbon Communications Inc provides network solutions primarily to telecommunications, wireless and cable service providers worldwide. It enables service providers and enterprises to modernize their communications networks and provide secure real-time communications solutions to their customers and employees. Its solutions enable its customers with a secure way to connect and leverage multivendor, multiprotocol communications systems and applications across their networks and the cloud, around the world and in a rapidly changing ecosystem of IP-enabled devices such as smartphones and tablets.
Executives
Miguel A Lopez officer: EVP, CFO HARRIS CORPORATION, 1025 W NASA BOULEVARD, MELBOURNE FL 32919
Bruce William Mcclelland director, officer: President & CEO 3871 LAKEFIELD DRIVE, SUWANEE GA 30024
Dan Redington officer: EVP of Global Sales 6500 CHASE OAKS BOULEVARD, SUITE 100, PLANO TX 75023
Scott Mair director 6500 CHASE OAKS BOULEVARD, SUITE 100, PLANO TX 75023
Swarth Investments Inc. 10 percent owner NEWPORT HOUSE, 15 THE GRANGE, ST PETER PORT Y7 GY1 4LA
Jpmorgan Chase & Co 10 percent owner 383 MADISON AVENUE, NEW YORK NY 10017
Sam Bucci officer: EVP & GM IP Optical Networks 3605 E PLANO PARKWAY, PLANO TX 75074
Bruns H Grayson director 950 WINTER STREET, WALTHAM MA 02451
Stephen J. Mccaffery officer: EVP EMEAS and APAC Sales VICTORIA ROAD, WEST YORKSHIRE, SALTAIRE X0 BD183LF
Eric S Marmurek officer: SVP, Finance & CAO C/O 4 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Patrick W Macken officer: EVP, Chief Legal Officer 4515 THREE CHIMNEYS LANE, CUMMING GA 30041
Beatriz V Infante director 4 TECHNOLOGY PARK DRIVE, SONUS NETWORKS, INC., WESTFORD MA 01886
Ewing R Stewart Jr director 100 CENTURETEL DRIVE, MONROE LA 71203
Steven M Bruny officer: EVP Sales, Americas C/O 4 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Shaul Shani director 4001 WEST PKWY, C/O SAPIENS USA INC, CURRY NC 27519