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Perion Network (XTAE:PERI) Cyclically Adjusted PS Ratio : 0.81 (As of May. 26, 2024)


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What is Perion Network Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Perion Network's current share price is ₪42.10. Perion Network's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₪51.69. Perion Network's Cyclically Adjusted PS Ratio for today is 0.81.

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

XTAE:PERI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.76   Max: 4.11
Current: 0.81

During the past years, Perion Network's highest Cyclically Adjusted PS Ratio was 4.11. The lowest was 0.16. And the median was 0.76.

XTAE:PERI's Cyclically Adjusted PS Ratio is ranked better than
68.11% of 301 companies
in the Interactive Media industry
Industry Median: 1.54 vs XTAE:PERI: 0.81

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.

Perion Network's adjusted revenue per share data for the three months ended in Mar. 2024 was ₪11.657. 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 ₪51.69 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Perion Network Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Perion Network'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.

Perion Network Cyclically Adjusted PS Ratio Chart

Perion Network 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 0.44 0.84 1.43 1.64 2.14

Perion Network 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 2.59 2.18 2.22 2.14 1.60

Competitive Comparison of Perion Network's Cyclically Adjusted PS Ratio

For the Internet Content & Information subindustry, Perion Network'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.


Perion Network's Cyclically Adjusted PS Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Perion Network's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Perion Network 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.

Perion Network's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=42.10/51.69
=0.81

* 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.

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

For example, Perion Network'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)
=11.657/131.7762*131.7762
=11.657

Current CPI (Mar. 2024) = 131.7762.

Perion Network Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 17.214 100.560 22.558
201409 13.639 100.428 17.896
201412 12.395 99.070 16.487
201503 7.665 99.621 10.139
201506 7.497 100.684 9.812
201509 8.111 100.392 10.647
201512 10.208 99.792 13.480
201603 10.923 100.470 14.327
201606 10.737 101.688 13.914
201609 10.515 101.861 13.603
201612 11.968 101.863 15.483
201703 8.780 102.862 11.248
201706 9.865 103.349 12.578
201709 8.883 104.136 11.241
201712 10.940 104.011 13.860
201803 8.622 105.290 10.791
201806 8.697 106.317 10.780
201809 7.919 106.507 9.798
201812 10.187 105.998 12.664
201903 7.612 107.251 9.353
201906 8.982 108.070 10.952
201909 8.949 108.329 10.886
201912 10.502 108.420 12.764
202003 8.567 108.902 10.366
202006 8.292 108.767 10.046
202009 10.771 109.815 12.925
202012 14.311 109.897 17.160
202103 9.175 111.754 10.819
202106 10.822 114.631 12.441
202109 11.696 115.734 13.317
202112 14.197 117.630 15.904
202203 9.750 121.301 10.592
202206 11.348 125.017 11.962
202209 12.092 125.227 12.724
202212 15.467 125.222 16.277
202303 10.737 127.348 11.110
202306 13.158 128.729 13.470
202309 13.489 129.860 13.688
202312 16.871 129.419 17.178
202403 11.657 131.776 11.657

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.


Perion Network  (XTAE:PERI) 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.


Perion Network Cyclically Adjusted PS Ratio Related Terms

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


Perion Network (XTAE:PERI) Business Description

Traded in Other Exchanges
Address
26 HaRokmim Street, Holon, ISR, 5885849
Perion Network Ltd is a technology company. It offers online advertising and searching solutions to brands, agencies, and publishers through desktop, mobile and social channels. Its products and services include Undertone, Codefuel, Make me reach, and Smilebox. The company earns prime revenue from search fees and online advertising services. It operates in the business segment of High Impact Advertising solutions. Geographically, the group has a business presence in North America, Europe, and Other countries of which a majority of the revenue is derived from North America.