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CoreCivic (STU:PSRA) Cyclically Adjusted PS Ratio : 0.82 (As of Jun. 07, 2024)


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What is CoreCivic Cyclically Adjusted PS Ratio?

As of today (2024-06-07), CoreCivic's current share price is €14.305. CoreCivic's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €17.40. CoreCivic's Cyclically Adjusted PS Ratio for today is 0.82.

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

STU:PSRA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.35   Med: 1.23   Max: 2.88
Current: 0.84

During the past years, CoreCivic's highest Cyclically Adjusted PS Ratio was 2.88. The lowest was 0.35. And the median was 1.23.

STU:PSRA's Cyclically Adjusted PS Ratio is ranked better than
50.72% of 690 companies
in the Business Services industry
Industry Median: 0.88 vs STU:PSRA: 0.84

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.

CoreCivic's adjusted revenue per share data for the three months ended in Mar. 2024 was €4.059. 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 €17.40 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CoreCivic Cyclically Adjusted PS Ratio Historical Data

The historical data trend for CoreCivic'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.

CoreCivic Cyclically Adjusted PS Ratio Chart

CoreCivic 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 1.03 0.39 0.56 0.64 0.79

CoreCivic 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 0.50 0.51 0.61 0.79 0.83

Competitive Comparison of CoreCivic's Cyclically Adjusted PS Ratio

For the Security & Protection Services subindustry, CoreCivic'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.


CoreCivic's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, CoreCivic's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



CoreCivic 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14.305/17.4
=0.82

* 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.

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

For example, CoreCivic'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)
=4.059/131.7762*131.7762
=4.059

Current CPI (Mar. 2024) = 131.7762.

CoreCivic Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.579 100.560 3.380
201409 2.700 100.428 3.543
201412 2.918 99.070 3.881
201503 3.342 99.621 4.421
201506 3.474 100.684 4.547
201509 3.480 100.392 4.568
201512 3.490 99.792 4.609
201603 3.411 100.470 4.474
201606 3.494 101.688 4.528
201609 3.595 101.861 4.651
201612 3.739 101.863 4.837
201703 3.524 102.862 4.515
201706 3.275 103.349 4.176
201709 3.135 104.136 3.967
201712 3.142 104.011 3.981
201803 3.017 105.290 3.776
201806 3.246 106.317 4.023
201809 3.337 106.507 4.129
201812 3.570 105.998 4.438
201903 3.602 107.251 4.426
201906 3.638 108.070 4.436
201909 3.874 108.329 4.712
201912 3.760 108.420 4.570
202003 3.681 108.902 4.454
202006 3.469 108.767 4.203
202009 3.286 109.815 3.943
202012 3.216 109.897 3.856
202103 3.185 111.754 3.756
202106 3.159 114.631 3.631
202109 3.282 115.734 3.737
202112 3.474 117.630 3.892
202203 3.405 121.301 3.699
202206 3.560 125.017 3.752
202209 3.992 125.227 4.201
202212 3.829 125.222 4.029
202303 3.705 127.348 3.834
202306 3.756 128.729 3.845
202309 3.962 129.860 4.020
202312 3.924 129.419 3.995
202403 4.059 131.776 4.059

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.


CoreCivic  (STU:PSRA) 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.


CoreCivic Cyclically Adjusted PS Ratio Related Terms

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


CoreCivic (STU:PSRA) Business Description

Traded in Other Exchanges
Address
5501 Virginia Way, Suite 110, Brentwood, TN, USA, 37027
CoreCivic Inc is an owner and operator of private prisons and detention centers in the United States. It operates in three segments: Safety, Community, and Properties. The Safety segment operates roughly 50 facilities and owns majority of them. The Community segment owns and operates close to 30 residential reentry centers. The Properties segment owns approximately 15 properties for lease to third parties and government agencies. The vast majority of the company's revenue comes from the Safety segment. Its customers are federal, state, and local government agencies. Commercial contracts are typically 3-5 years long with multiple renewal options. CoreCivic operated as a Real Estate Investment Trust until January 2021 when it was reorganized as a taxable C Corporation.

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