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VeriSign (STU:VRS) Cyclically Adjusted PS Ratio : 13.73 (As of May. 24, 2024)


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What is VeriSign Cyclically Adjusted PS Ratio?

As of today (2024-05-24), VeriSign's current share price is €158.95. VeriSign's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €11.58. VeriSign's Cyclically Adjusted PS Ratio for today is 13.73.

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

STU:VRS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 9.09   Med: 17.44   Max: 29.17
Current: 13.71

During the past years, VeriSign's highest Cyclically Adjusted PS Ratio was 29.17. The lowest was 9.09. And the median was 17.44.

STU:VRS's Cyclically Adjusted PS Ratio is ranked worse than
94.04% of 1444 companies
in the Software industry
Industry Median: 1.865 vs STU:VRS: 13.71

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.

VeriSign's adjusted revenue per share data for the three months ended in Mar. 2024 was €3.504. 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 €11.58 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


VeriSign Cyclically Adjusted PS Ratio Historical Data

The historical data trend for VeriSign'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.

VeriSign Cyclically Adjusted PS Ratio Chart

VeriSign 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 24.45 25.05 25.69 18.41 16.93

VeriSign 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 18.37 19.16 16.81 16.93 15.10

Competitive Comparison of VeriSign's Cyclically Adjusted PS Ratio

For the Software - Infrastructure subindustry, VeriSign'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.


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

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

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



VeriSign 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=158.95/11.58
=13.73

* 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.

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

For example, VeriSign'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)
=3.504/131.7762*131.7762
=3.504

Current CPI (Mar. 2024) = 131.7762.

VeriSign Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.306 100.560 1.711
201409 1.433 100.428 1.880
201412 1.528 99.070 2.032
201503 1.784 99.621 2.360
201506 1.755 100.684 2.297
201509 1.798 100.392 2.360
201512 1.877 99.792 2.479
201603 1.924 100.470 2.524
201606 1.952 101.688 2.530
201609 2.006 101.861 2.595
201612 2.164 101.863 2.799
201703 2.168 102.862 2.777
201706 2.071 103.349 2.641
201709 1.977 104.136 2.502
201712 2.010 104.011 2.547
201803 1.965 105.290 2.459
201806 2.101 106.317 2.604
201809 2.143 106.507 2.651
201812 2.226 105.998 2.767
201903 2.254 107.251 2.769
201906 2.271 108.070 2.769
201909 2.362 108.329 2.873
201912 2.376 108.420 2.888
202003 2.423 108.902 2.932
202006 2.416 108.767 2.927
202009 2.350 109.815 2.820
202012 2.307 109.897 2.766
202103 2.399 111.754 2.829
202106 2.430 114.631 2.793
202109 2.542 115.734 2.894
202112 2.706 117.630 3.031
202203 2.856 121.301 3.103
202206 3.060 125.017 3.225
202209 3.366 125.227 3.542
202212 3.291 125.222 3.463
202303 3.241 127.348 3.354
202306 3.302 128.729 3.380
202309 3.423 129.860 3.474
202312 3.420 129.419 3.482
202403 3.504 131.776 3.504

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.


VeriSign  (STU:VRS) 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.


VeriSign Cyclically Adjusted PS Ratio Related Terms

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


VeriSign (STU:VRS) Business Description

Industry
Address
12061 Bluemont Way, Reston, VA, USA, 20190
Verisign is the sole authorized registry for several generic top-level domains, including the widely utilized .com and .net top-level domains. The company operates critical internet infrastructure to support the domain name system, including operating two of the world's 13 root servers that are used to route internet traffic. In 2018, the firm sold off its Security Services business, signalling a renewed focus on the core registry business.