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Spok Holdings (Spok Holdings) Cyclically Adjusted PS Ratio : 1.56 (As of May. 28, 2024)


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What is Spok Holdings Cyclically Adjusted PS Ratio?

As of today (2024-05-28), Spok Holdings's current share price is $15.20. Spok Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $9.72. Spok Holdings's Cyclically Adjusted PS Ratio for today is 1.56.

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

SPOK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.61   Med: 1.21   Max: 1.83
Current: 1.56

During the past years, Spok Holdings's highest Cyclically Adjusted PS Ratio was 1.83. The lowest was 0.61. And the median was 1.21.

SPOK's Cyclically Adjusted PS Ratio is ranked worse than
56.93% of 339 companies
in the Healthcare Providers & Services industry
Industry Median: 1.19 vs SPOK: 1.56

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.

Spok Holdings's adjusted revenue per share data for the three months ended in Mar. 2024 was $1.707. 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 $9.72 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Spok Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Spok 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.

Spok Holdings Cyclically Adjusted PS Ratio Chart

Spok 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 1.22 1.15 0.95 0.83 1.60

Spok 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 1.02 1.34 1.45 1.60 1.64

Competitive Comparison of Spok Holdings's Cyclically Adjusted PS Ratio

For the Health Information Services subindustry, Spok 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.


Spok Holdings's Cyclically Adjusted PS Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Spok Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Spok 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.20/9.72
=1.56

* 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.

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

For example, Spok 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)
=1.707/131.7762*131.7762
=1.707

Current CPI (Mar. 2024) = 131.7762.

Spok Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.221 100.560 2.910
201409 2.249 100.428 2.951
201412 2.369 99.070 3.151
201503 2.183 99.621 2.888
201506 2.207 100.684 2.889
201509 2.166 100.392 2.843
201512 2.253 99.792 2.975
201603 2.192 100.470 2.875
201606 2.170 101.688 2.812
201609 2.208 101.861 2.856
201612 2.152 101.863 2.784
201703 2.013 102.862 2.579
201706 2.078 103.349 2.650
201709 2.181 104.136 2.760
201712 2.190 104.011 2.775
201803 2.139 105.290 2.677
201806 2.057 106.317 2.550
201809 2.183 106.507 2.701
201812 2.225 105.998 2.766
201903 2.158 107.251 2.651
201906 2.057 108.070 2.508
201909 2.067 108.329 2.514
201912 2.097 108.420 2.549
202003 1.966 108.902 2.379
202006 1.870 108.767 2.266
202009 1.962 109.815 2.354
202012 1.963 109.897 2.354
202103 1.870 111.754 2.205
202106 1.842 114.631 2.117
202109 1.842 115.734 2.097
202112 1.773 117.630 1.986
202203 1.726 121.301 1.875
202206 1.702 125.017 1.794
202209 1.696 125.227 1.785
202212 1.585 125.222 1.668
202303 1.644 127.348 1.701
202306 1.800 128.729 1.843
202309 1.745 129.860 1.771
202312 1.660 129.419 1.690
202403 1.707 131.776 1.707

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.


Spok Holdings  (NAS:SPOK) 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.


Spok Holdings Cyclically Adjusted PS Ratio Related Terms

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


Spok Holdings (Spok Holdings) Business Description

Traded in Other Exchanges
Address
5911 Kingstown Village Parkway, 6th Floor, Alexandria, VA, USA, 22315
Spok Holdings Inc is a provider of healthcare communications. It reports three market segments namely Healthcare, Government, and Large enterprise. The company provides paging services and software solutions in the United States and abroad.
Executives
Vincent D Kelly director, officer: President & CEO C/O RENTON MEDIA INC, 1300 EAST NINTH ST, CLEVELAND OH 44114
Sharon Woods-keisling officer: Corporate Secretary, Treasurer 6677 RICHMOND HIGHWAY, ALEXANDRIA VA 22306
Michael W Wallace officer: Chief Financial Officer SAWGRASS CORPORATE INDUSTRIAL PARK, 14000 NW 4TH ST, SUNRISE FL 33325
Calvin Rice officer: Controller C/O SPOK HOLDINGS, INC., 6850 VERSAR CTR STE 420, SPRINGFIELD VA 22151
Todd J Stein director C/O SPOK HOLDINGS, INC., 6850 VERSAR CTR STE 420, SPRINGFIELD VA 22151
Barbara Peterson Byrne director C/O SPOK HOLDINGS, INC., 6850 VERSAR CTR STE 420, SPRINGFIELD VA 22315
Randy Hyun director C/O SPOK HOLDINGS, INC., 5911 KINGSTOWNE VILLAGE PARKWAY 6TH FLR, ALEXANDRIA VA 22315
Matthew Oristano director C/O ARCH WIRELESS INC, 1800 WEST PARK DR. #250, WESTBOROUGH MA 01581
Brian Oreilly director C/O METROCALL, 6677 RICHMOND HWY, ALEXANDRIA VA 22306
Christine Cournoyer director 150 SHAW ROAD, CHESTNUT MA 02467
Brett A Shockley director 7125 NORTHLAND TERRACE, MINNEAPOLIS MN 55428
Royce Yudkoff director C/O METROCALL, 6677 RICHMOND HWY, ALEXANDRIA VA 22306
Stacia Hylton director 6850 VERSAR CENTER STE 420, SPRINGFIELD VA 22151
Tom Saine officer: Chief Technology Officer 6677 RICHMOND HIGHWAY, ALEXANDIRA VA 22306
Ted Peterman officer: Controller C/O SPōK HOLDINGS, INC., 6850 VERSAR CTR STE 420, SPRINGFIELD VA 22151

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