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Moody's (WBO:MOCO) Cyclically Adjusted PS Ratio : 13.78 (As of May. 14, 2024)


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What is Moody's Cyclically Adjusted PS Ratio?

As of today (2024-05-14), Moody's's current share price is €372.30. Moody's's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €27.02. Moody's's Cyclically Adjusted PS Ratio for today is 13.78.

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

WBO:MOCO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.96   Med: 11.14   Max: 18.09
Current: 13.7

During the past years, Moody's's highest Cyclically Adjusted PS Ratio was 18.09. The lowest was 6.96. And the median was 11.14.

WBO:MOCO's Cyclically Adjusted PS Ratio is ranked worse than
87.76% of 580 companies
in the Capital Markets industry
Industry Median: 3.125 vs WBO:MOCO: 13.70

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.

Moody's's adjusted revenue per share data for the three months ended in Mar. 2024 was €8.959. 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 €27.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Moody's Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Moody's'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.

Moody's Cyclically Adjusted PS Ratio Chart

Moody's 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 13.49 14.76 16.83 10.66 13.70

Moody's 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 11.35 12.58 11.19 13.70 13.54

Competitive Comparison of Moody's's Cyclically Adjusted PS Ratio

For the Financial Data & Stock Exchanges subindustry, Moody's'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.


Moody's's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Moody's's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Moody's 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=372.30/27.02
=13.78

* 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.

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

For example, Moody's'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)
=8.959/129.4194*129.4194
=8.959

Current CPI (Mar. 2024) = 129.4194.

Moody's Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.981 100.560 3.837
201409 2.957 100.428 3.811
201412 3.381 99.070 4.417
201503 3.873 99.621 5.031
201506 4.002 100.684 5.144
201509 3.674 100.392 4.736
201512 3.972 99.792 5.151
201603 3.703 100.470 4.770
201606 4.222 101.688 5.373
201609 4.206 101.861 5.344
201612 4.613 101.863 5.861
201703 4.693 102.862 5.905
201706 4.595 103.349 5.754
201709 4.594 104.136 5.709
201712 5.063 104.011 6.300
201803 4.698 105.290 5.775
201806 5.174 106.317 6.298
201809 4.762 106.507 5.786
201812 4.795 105.998 5.855
201903 5.242 107.251 6.326
201906 5.616 108.070 6.725
201909 5.892 108.329 7.039
201912 5.810 108.420 6.935
202003 6.157 108.902 7.317
202006 6.742 108.767 8.022
202009 6.082 109.815 7.168
202012 5.602 109.897 6.597
202103 7.126 111.754 8.252
202106 6.860 114.631 7.745
202109 6.925 115.734 7.744
202112 7.260 117.630 7.988
202203 7.426 121.301 7.923
202206 7.066 125.017 7.315
202209 7.002 125.227 7.236
202212 6.615 125.222 6.837
202303 7.458 127.348 7.579
202306 7.490 128.729 7.530
202309 7.496 129.860 7.471
202312 7.388 129.419 7.388
202403 8.959 129.419 8.959

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.


Moody's  (WBO:MOCO) 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.


Moody's Cyclically Adjusted PS Ratio Related Terms

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


Moody's (WBO:MOCO) Business Description

Address
7 World Trade Center at 250 Greenwich Street, New York, NY, USA, 10007
Moody's, along with S&P Ratings, is a leading provider of credit ratings on fixed-income securities. The ratings segment, Moody's Investors Service, includes corporates, structured finance, financial institutions, and public finance ratings. MIS represents a majority of the firm's revenue and profits. The other segment, Moody's Analytics, consists of research, data, and analytics as well as enterprise risk solutions. RD&A's products include credit research, quantitative credit scores, economic research, business intelligence, know-your-customer tools, commercial real estate data and analytical tools, and training services. ERS includes risk-management software solutions for financial institutions.

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