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SecureWorks (SecureWorks) Cyclically Adjusted PS Ratio : 0.92 (As of May. 22, 2024)


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What is SecureWorks Cyclically Adjusted PS Ratio?

As of today (2024-05-22), SecureWorks's current share price is $6.21. SecureWorks's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was $6.73. SecureWorks's Cyclically Adjusted PS Ratio for today is 0.92.

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

SCWX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.86   Med: 0.95   Max: 1.14
Current: 0.91

During the past years, SecureWorks's highest Cyclically Adjusted PS Ratio was 1.14. The lowest was 0.86. And the median was 0.95.

SCWX's Cyclically Adjusted PS Ratio is ranked better than
69.69% of 1445 companies
in the Software industry
Industry Median: 1.87 vs SCWX: 0.91

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.

SecureWorks's adjusted revenue per share data for the three months ended in Jan. 2024 was $1.032. 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 $6.73 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SecureWorks Cyclically Adjusted PS Ratio Historical Data

The historical data trend for SecureWorks'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.

SecureWorks Cyclically Adjusted PS Ratio Chart

SecureWorks Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1.02

SecureWorks Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 - - - 0.87 1.02

Competitive Comparison of SecureWorks's Cyclically Adjusted PS Ratio

For the Software - Infrastructure subindustry, SecureWorks'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.


SecureWorks's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



SecureWorks 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.

SecureWorks's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.21/6.73
=0.92

* 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.

SecureWorks's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, SecureWorks's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=1.032/130.1244*130.1244
=1.032

Current CPI (Jan. 2024) = 130.1244.

SecureWorks Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201310 0.000 98.536 0.000
201401 0.766 98.692 1.010
201410 0.941 100.176 1.222
201501 1.006 98.604 1.328
201504 1.090 99.824 1.421
201507 1.125 100.691 1.454
201510 1.242 100.346 1.611
201601 1.166 99.957 1.518
201604 1.419 100.947 1.829
201607 1.296 101.524 1.661
201610 1.339 101.988 1.708
201701 1.524 102.456 1.936
201704 1.420 103.167 1.791
201707 1.447 103.278 1.823
201710 1.457 104.070 1.822
201801 1.505 104.578 1.873
201804 1.567 105.708 1.929
201807 1.593 106.324 1.950
201810 1.645 106.695 2.006
201901 1.622 106.200 1.987
201904 1.651 107.818 1.993
201907 1.693 108.250 2.035
201910 1.755 108.577 2.103
202001 1.762 108.841 2.107
202004 1.744 108.173 2.098
202007 1.701 109.318 2.025
202010 1.738 109.861 2.059
202101 1.712 110.364 2.019
202104 1.701 112.673 1.964
202107 1.617 115.183 1.827
202110 1.605 116.696 1.790
202201 1.533 118.619 1.682
202204 1.445 121.978 1.542
202207 1.375 125.002 1.431
202210 1.312 125.734 1.358
202301 1.361 126.223 1.403
202304 1.105 127.992 1.123
202307 1.079 128.974 1.089
202310 1.036 129.810 1.039
202401 1.032 130.124 1.032

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.


SecureWorks  (NAS:SCWX) 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.


SecureWorks Cyclically Adjusted PS Ratio Related Terms

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


SecureWorks (SecureWorks) Business Description

Industry
Traded in Other Exchanges
Address
One Concourse Parkway North East, Suite 500, Atlanta, GA, USA, 30328
SecureWorks Corp is a cybersecurity provider of technology-driven solutions singularly focused on protecting its customers by outpacing and outmaneuvering the adversary. The company offers its customers the following services; software-as-a-service, or SaaS, solutions, managed solutions, and professional services, including incident response and adversarial services. Its solutions enable organizations to fortify their cyber defenses to prevent security breaches, detect malicious activity in real-time, prioritize and respond to security incidents, and predict emerging threats.
Executives
Neil Gagnon 10 percent owner 1370 AVENUE OF THE AMERICAS, 24TH FLOOR, NEW YORK NY 10019
Alpana Wegner officer: Chief Financial Officer C/O BENEFITFOCUS, INC., 100 BENEFITFOCUS WAY, CHARLESTON SC 29492
Stephen Fulton officer: President, Customer Success C/O SECUREWORKS CORP., ONE CONCOURSE PARKWAY NE, SUITE 500, ATLANTA GA 30328
Pamela Daley director C/O PATHEON N.V., HERENGRACHT 483, AMSTERDAM P7 1017 BT
Mark J Hawkins director C/O LOGITECH, INC., 6505 KAISER DRIVE, FREMONT CA 94555
Wendy Thomas director, officer: Chief Executive Officer C/O SECUREWORKS CORP., ONE CONCOURSE PARKWAY NE, SUITE 500, ATLANTA GA 30328
George B Hanna officer: Chief Legal & Admin Officer C/O SECUREWORKS CORP., ONE CONCOURSE PARKWAY NE, SUITE 500, ATLANTA GA 30328
Christian Grant officer: VP, Chief Accounting Officer C/O SECUREWORKS CORP., ONE CONCOURSE PARKWAY NE, SUITE 500, ATLANTA GA 30328
Paul Parrish officer: Chief Financial Officer 705 WESTECH DRIVE, NORCROSS GA 30092
Michael R Cote 10 percent owner 1 CONCOURSE PARKWAY, SUITE 500, ATLANTA GA 30328
Centerview Capital Technology Employee Fund, L.p. 10 percent owner 555 CALIFORNIA STREET, SUITE 3305, SAN FRANCISCO CA 94104
Centerview Capital Technology Ltd. 10 percent owner 64 WILLOW PLACE, SUITE 101, MENLO PARK CA 94025
Centerview Capital Technology Fund Gp (delaware), L.p. 10 percent owner 64 WILLOW PLACE, SUITE 101, MENLO PARK CA 94025
Centerview Capital Technology Fund (delaware), L.p. 10 percent owner 64 WILLOW PLACE, SUITE 101, MENLO PARK CA 94025
Centerview Capital Technology Fund-a (delaware), L.p. 10 percent owner 64 WILLOW PLACE, SUITE 101, MENLO PARK CA 94025