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Tucows (Tucows) Cyclically Adjusted PS Ratio : 0.67 (As of May. 23, 2024)


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What is Tucows Cyclically Adjusted PS Ratio?

As of today (2024-05-23), Tucows's current share price is $20.17. Tucows's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $30.25. Tucows's Cyclically Adjusted PS Ratio for today is 0.67.

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

TCX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.57   Med: 3.07   Max: 6.06
Current: 0.64

During the past years, Tucows's highest Cyclically Adjusted PS Ratio was 6.06. The lowest was 0.57. And the median was 3.07.

TCX's Cyclically Adjusted PS Ratio is ranked better than
78.06% of 1445 companies
in the Software industry
Industry Median: 1.86 vs TCX: 0.64

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.

Tucows's adjusted revenue per share data for the three months ended in Mar. 2024 was $8.006. 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 $30.25 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tucows Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Tucows'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.

Tucows Cyclically Adjusted PS Ratio Chart

Tucows 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 3.38 3.58 3.54 1.26 0.91

Tucows 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 0.70 0.97 0.70 0.91 0.61

Competitive Comparison of Tucows's Cyclically Adjusted PS Ratio

For the Software - Infrastructure subindustry, Tucows'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.


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

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

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



Tucows 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=20.17/30.25
=0.67

* 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.

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

For example, Tucows'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)
=8.006/126.2576*126.2576
=8.006

Current CPI (Mar. 2024) = 126.2576.

Tucows Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.034 99.473 3.851
201409 3.298 99.394 4.189
201412 3.200 98.367 4.107
201503 3.495 99.789 4.422
201506 3.743 100.500 4.702
201509 3.892 100.421 4.893
201512 4.052 99.947 5.119
201603 4.119 101.054 5.146
201606 4.398 102.002 5.444
201609 4.620 101.765 5.732
201612 4.585 101.449 5.706
201703 6.455 102.634 7.941
201706 7.803 103.029 9.562
201709 7.882 103.345 9.630
201712 8.376 103.345 10.233
201803 8.876 105.004 10.673
201806 7.506 105.557 8.978
201809 7.738 105.636 9.249
201812 7.934 105.399 9.504
201903 7.286 106.979 8.599
201906 7.760 107.690 9.098
201909 8.201 107.611 9.622
201912 8.035 107.769 9.413
202003 7.839 107.927 9.170
202006 7.708 108.401 8.978
202009 6.956 108.164 8.120
202012 6.596 108.559 7.671
202103 6.564 110.298 7.514
202106 6.954 111.720 7.859
202109 7.014 112.905 7.844
202112 7.588 113.774 8.421
202203 7.541 117.646 8.093
202206 7.717 120.806 8.065
202209 7.241 120.648 7.578
202212 7.322 120.964 7.642
202303 7.443 122.702 7.659
202306 7.841 124.203 7.971
202309 7.997 125.230 8.063
202312 7.978 125.072 8.054
202403 8.006 126.258 8.006

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.


Tucows  (NAS:TCX) 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.


Tucows Cyclically Adjusted PS Ratio Related Terms

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


Tucows (Tucows) Business Description

Industry
Traded in Other Exchanges
Address
96 Mowat Avenue, Toronto, ON, CAN, M6K 3M1
Tucows Inc provides us consumers and small businesses with mobile phone services nationally and high-speed fixed Internet access in selected towns. The Company offers Mobile Service Enabler (MSE) solutions, as well as professional services to other retail mobile providers. The Company is also a global distributor of Internet services, including domain name registration, digital certificates, and email. It provides these services primarily through a global Internet-based distribution network of Internet Service Providers, web hosting companies, and other providers of Internet services to end-users. It operates in three segments: Domain Services, Mobile Services, and Fiber Internet Services. It generates the majority of its revenue from Domain Services.
Executives
Elliot Noss director, officer: Chief Executive Officer
Robin Chase director 96 MOWAT AVENUE, TORONTO A6 M6K3M1
Lee Matheson director 96 MOWAT AVE, TORONTO A6 M6K 3M1
Gigi Sohn director 96 MOWAT AVE, TORONTO A6 M6K 3M1
Blacksheep Fund Management Ltd 10 percent owner ROCK HOUSE, MAIN STREET, BLACKROCK, CO. DUBLIN L2 A94 YY39
Michael Alan Koenig officer: Chief Operating Officer 96 MOWAT AVE, TORONTO A6 M6K 3M1
Blacksheep Master Fund Ltd. 10 percent owner C/O MOURANT GOVERNANCE SERVICES, PO BOX 1348, 94 SOLARIS AVE., GRAND CAYMAN E9 KY1-1108
Herdwick Capital Ltd 10 percent owner C/O BLACKSHEEP FUND MANAGEMENT LIMITED, ROCK HOUSE, MAIN STREET, BLACKROCK, CO. DUBLIN L2 A94 YY39
Alexis Fortune 10 percent owner C/O BLACKSHEEP FUND MANAGEMENT LIMITED, ROCK HOUSE, MAIN STREET, BLACKROCK, CO. DUBLIN L2 A94 YY39
David John Woroch officer: VP Sales & Customer Support 96 MOWAT AVENUE, TORONTO A6 M6K 3M1
Marlene Carl director 96 MOWAT AVENUE, TORONTO A6 M6K3M1
Bret Fausett officer: Chief Legal Officer & VP 96 MOWAT AVENUE, TORONTO A6 M6K3M1
Jessica Sybil-lynne Johannson officer: VP HR 612-11 BRONTE ROAD, OAKVILLE A6 L6L0E1
Justin Reilly officer: CPO 96 MOWAT AVENUE, TORONTO A6 M6K3M1
Jill Szchumacher officer: EVP Networks 96 MOWAT AVENUE, TORONTO A6 M6K3M1