GURUFOCUS.COM » STOCK LIST » Technology » Software » Palo Alto Networks Inc (XTER:5AP) » Definitions » Cyclically Adjusted PS Ratio

Palo Alto Networks (XTER:5AP) Cyclically Adjusted PS Ratio : 22.12 (As of Jun. 08, 2024)


View and export this data going back to 2012. Start your Free Trial

What is Palo Alto Networks Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Palo Alto Networks's current share price is €278.55. Palo Alto Networks's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2024 was €12.59. Palo Alto Networks's Cyclically Adjusted PS Ratio for today is 22.12.

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

XTER:5AP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 11.63   Med: 19.12   Max: 29.68
Current: 22.2

During the past years, Palo Alto Networks's highest Cyclically Adjusted PS Ratio was 29.68. The lowest was 11.63. And the median was 19.12.

XTER:5AP's Cyclically Adjusted PS Ratio is ranked worse than
97.19% of 1461 companies
in the Software industry
Industry Median: 1.81 vs XTER:5AP: 22.20

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.

Palo Alto Networks's adjusted revenue per share data for the three months ended in Apr. 2024 was €5.217. 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 €12.59 for the trailing ten years ended in Apr. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Palo Alto Networks Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Palo Alto Networks'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.

Palo Alto Networks Cyclically Adjusted PS Ratio Chart

Palo Alto Networks Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 14.62 18.20 17.37 21.42

Palo Alto Networks Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 16.43 21.42 19.91 26.65 21.82

Competitive Comparison of Palo Alto Networks's Cyclically Adjusted PS Ratio

For the Software - Infrastructure subindustry, Palo Alto Networks'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.


Palo Alto Networks's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



Palo Alto Networks 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.

Palo Alto Networks's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=278.55/12.59
=22.12

* 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.

Palo Alto Networks's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2024 is calculated as:

For example, Palo Alto Networks's adjusted Revenue per Share data for the three months ended in Apr. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=5.217/131.7762*131.7762
=5.217

Current CPI (Apr. 2024) = 131.7762.

Palo Alto Networks Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201407 0.564 100.520 0.739
201410 0.637 100.176 0.838
201501 0.773 98.604 1.033
201504 0.876 99.824 1.156
201507 1.024 100.691 1.340
201510 1.037 100.346 1.362
201601 1.187 99.957 1.565
201604 1.157 100.947 1.510
201607 1.360 101.524 1.765
201610 1.342 101.988 1.734
201701 1.460 102.456 1.878
201704 1.476 103.167 1.885
201707 1.598 103.278 2.039
201710 1.566 104.070 1.983
201801 1.637 104.578 2.063
201804 1.678 105.708 2.092
201807 2.023 106.324 2.507
201810 2.028 106.695 2.505
201901 2.209 106.200 2.741
201904 2.283 107.818 2.790
201907 2.504 108.250 3.048
201910 2.408 108.577 2.923
202001 2.495 108.841 3.021
202004 2.757 108.173 3.359
202007 2.871 109.318 3.461
202010 2.807 109.861 3.367
202101 2.902 110.364 3.465
202104 3.088 112.673 3.612
202107 3.539 115.183 4.049
202110 3.671 116.696 4.145
202201 3.953 118.619 4.391
202204 4.328 121.978 4.676
202207 5.109 125.002 5.386
202210 4.689 125.734 4.914
202301 4.632 126.223 4.836
202304 4.553 127.992 4.688
202307 4.975 128.974 5.083
202310 5.085 129.810 5.162
202401 5.072 130.124 5.136
202404 5.217 131.776 5.217

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.


Palo Alto Networks  (XTER:5AP) 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.


Palo Alto Networks Cyclically Adjusted PS Ratio Related Terms

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


Palo Alto Networks (XTER:5AP) Business Description

Traded in Other Exchanges
Address
3000 Tannery Way, Santa Clara, CA, USA, 95054
Palo Alto Networks is a platform-based cybersecurity vendor with product offerings covering network security, cloud security, and security operations. The California-based firm has more than 85,000 customers across the world, including more than three fourths of the Global 2000.

Palo Alto Networks (XTER:5AP) Headlines

No Headlines