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Mastercard (Mastercard) Cyclically Adjusted PS Ratio : 26.33 (As of Apr. 27, 2024)


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What is Mastercard Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Mastercard's current share price is $462.42. Mastercard's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $17.56. Mastercard's Cyclically Adjusted PS Ratio for today is 26.33.

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

MA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 13.47   Med: 23.29   Max: 35.89
Current: 26.31

During the past years, Mastercard's highest Cyclically Adjusted PS Ratio was 35.89. The lowest was 13.47. And the median was 23.29.

MA's Cyclically Adjusted PS Ratio is ranked worse than
93.73% of 367 companies
in the Credit Services industry
Industry Median: 2.87 vs MA: 26.31

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.

Mastercard's adjusted revenue per share data for the three months ended in Dec. 2023 was $6.988. 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 $17.56 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mastercard Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mastercard'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.

Mastercard Cyclically Adjusted PS Ratio Chart

Mastercard 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 30.83 32.92 27.85 22.75 24.28

Mastercard Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 22.75 22.79 23.76 23.08 24.28

Competitive Comparison of Mastercard's Cyclically Adjusted PS Ratio

For the Credit Services subindustry, Mastercard'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.


Mastercard's Cyclically Adjusted PS Ratio Distribution in the Credit Services Industry

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

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



Mastercard 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=462.42/17.56
=26.33

* 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.

Mastercard's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Mastercard's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=6.988/129.4194*129.4194
=6.988

Current CPI (Dec. 2023) = 129.4194.

Mastercard Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.827 99.695 2.372
201406 2.026 100.560 2.607
201409 2.147 100.428 2.767
201412 2.078 99.070 2.715
201503 1.936 99.621 2.515
201506 2.095 100.684 2.693
201509 2.233 100.392 2.879
201512 2.225 99.792 2.886
201603 2.200 100.470 2.834
201606 2.447 101.688 3.114
201609 2.621 101.861 3.330
201612 2.524 101.863 3.207
201703 2.527 102.862 3.179
201706 2.840 103.349 3.556
201709 3.182 104.136 3.955
201712 3.116 104.011 3.877
201803 3.387 105.290 4.163
201806 3.494 106.317 4.253
201809 3.737 106.507 4.541
201812 3.668 105.998 4.478
201903 3.768 107.251 4.547
201906 4.013 108.070 4.806
201909 4.384 108.329 5.237
201912 4.357 108.420 5.201
202003 3.969 108.902 4.717
202006 3.309 108.767 3.937
202009 3.818 109.815 4.500
202012 4.120 109.897 4.852
202103 4.163 111.754 4.821
202106 4.555 114.631 5.143
202109 5.035 115.734 5.630
202112 5.290 117.630 5.820
202203 5.267 121.301 5.620
202206 5.644 125.017 5.843
202209 5.946 125.227 6.145
202212 6.047 125.222 6.250
202303 6.013 127.348 6.111
202306 6.606 128.729 6.641
202309 6.928 129.860 6.905
202312 6.988 129.419 6.988

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.


Mastercard  (NYSE:MA) 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.


Mastercard Cyclically Adjusted PS Ratio Related Terms

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


Mastercard (Mastercard) Business Description

Address
2000 Purchase Street, Purchase, NY, USA, 10577
Mastercard is the second-largest payment processor in the world, having processed close to over $8 trillion in transactions during 2022. Mastercard operates in over 200 countries and processes transactions in over 150 currencies.
Executives
Ajay Bhalla officer: President Cyber & Intelligence 2000 PURCHASE STREET, PURCHASE NY 10577
Craig Vosburg officer: President, North America 2000 PURCHASE STREET, PURCHASE NY 10577
Edward Grunde Mclaughlin officer: President, Operations & Tech 2000 PURCHASE STREET, PURCHASE NY 10577
Foundation Mastercard 10 percent owner 250 YONGE STREET, SUITE 2400, TORONTO A6 M5B 2L7
Richard K Davis director 800 NICOLLET MALL, MINNEAPOLIS MN 55402
J. Mehra Sachin officer: Chief Financial Officer HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Hai Ling officer: Co-President, Intl Markets 2000 PURCHASE STREET, PURCHASE NY 10577
Timothy H Murphy officer: General Counsel 2000 PURCHASE STREET, PURCHASE NY 10577
Raj Seshadri officer: President, Data & Services 880 CARILLON PARKWAY, ST. PETERSBURG FL 33716
Raghuvir Malhotra officer: Co-President, Intl Markets 2000 PURCHASE STREET, PURCHASE NY 10577
Michael Miebach officer: Chief Product Officer 2000 PURCHASE STREET, PURCHASE NY 10577
Linda Pistecchia Kirkpatrick officer: President, North America 2000 PURCHASE STREET, PURCHASE NY 10577
Harit Talwar director 2500 LAKE COOK ROAD, RIVERWOODS IL 60015
Sandra A Arkell officer: Controller 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Candido Bracher director 2000 PURCHASE STREET, PURCHASE NY 10577