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OSPN (OneSpan) Cyclically Adjusted PS Ratio : 2.28 (As of Oct. 08, 2024)


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What is OneSpan Cyclically Adjusted PS Ratio?

As of today (2024-10-08), OneSpan's current share price is $15.21. OneSpan's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was $6.67. OneSpan's Cyclically Adjusted PS Ratio for today is 2.28.

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

OSPN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.19   Med: 3.31   Max: 9.29
Current: 2.22

During the past years, OneSpan's highest Cyclically Adjusted PS Ratio was 9.29. The lowest was 1.19. And the median was 3.31.

OSPN's Cyclically Adjusted PS Ratio is ranked worse than
53.09% of 1377 companies
in the Software industry
Industry Median: 1.96 vs OSPN: 2.22

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.

OneSpan's adjusted revenue per share data for the three months ended in Jun. 2024 was $1.562. 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 $6.67 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


OneSpan Cyclically Adjusted PS Ratio Historical Data

The historical data trend for OneSpan'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.

OneSpan Cyclically Adjusted PS Ratio Chart

OneSpan 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 3.34 3.83 2.93 1.81 1.66

OneSpan Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 2.32 1.66 1.66 1.75 1.92

Competitive Comparison of OneSpan's Cyclically Adjusted PS Ratio

For the Software - Infrastructure subindustry, OneSpan'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.


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

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

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



OneSpan 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.21/6.67
=2.28

* 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.

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

For example, OneSpan's adjusted Revenue per Share data for the three months ended in Jun. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=1.562/132.5538*132.5538
=1.562

Current CPI (Jun. 2024) = 132.5538.

OneSpan Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 1.331 100.428 1.757
201412 1.577 99.070 2.110
201503 1.642 99.621 2.185
201506 1.646 100.684 2.167
201509 1.511 100.392 1.995
201512 1.278 99.792 1.698
201603 1.176 100.470 1.552
201606 1.365 101.688 1.779
201609 1.096 101.861 1.426
201612 1.197 101.863 1.558
201703 1.055 102.862 1.360
201706 1.147 103.349 1.471
201709 1.284 104.136 1.634
201712 1.368 104.011 1.743
201803 1.134 105.290 1.428
201806 1.242 106.317 1.549
201809 1.315 106.507 1.637
201812 1.580 105.998 1.976
201903 1.189 107.251 1.470
201906 1.403 108.070 1.721
201909 1.986 108.329 2.430
201912 1.752 108.420 2.142
202003 1.397 108.902 1.700
202006 1.373 108.767 1.673
202009 1.285 109.815 1.551
202012 1.324 109.897 1.597
202103 1.270 111.754 1.506
202106 1.317 114.631 1.523
202109 1.319 115.734 1.511
202112 1.502 117.630 1.693
202203 1.322 121.301 1.445
202206 1.315 125.017 1.394
202209 1.439 125.227 1.523
202212 1.375 125.222 1.456
202303 1.438 127.348 1.497
202306 1.380 128.729 1.421
202309 1.454 129.860 1.484
202312 1.606 129.419 1.645
202403 1.686 131.776 1.696
202406 1.562 132.554 1.562

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.


OneSpan  (NAS:OSPN) 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.


OneSpan Cyclically Adjusted PS Ratio Related Terms

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


OneSpan Business Description

Industry
Traded in Other Exchanges
Address
1 Marina Park Drive, Unit 1410, Boston, MA, USA, 02210
OneSpan Inc is a provider of information technology security solutions for banking and financial services and application security markets. Its solutions secure and manage access to digital assets and protect online transactions, via mobile devices and in-person. Authentication and anti-fraud solutions are the organization's primary product offerings and include multifactor authentication and virtual private network access capabilities. The company derives revenues from hardware and license fees, maintenance and support fees, and subscription fees. A large majority of the firm's revenue is generated in Europe, the Middle East, and Africa, and the rest in the United States and Asia-Pacific region.
Executives
Jorge Garcia Martell officer: Chief Financial Officer 121 W WACKER #2050, CHICAGO IL 60601
Michael J Mcconnell director P.O. BOX 6280, NEWPORT BEACH CA 92658
Marc Zenner director 1000 LOUISIANA STREET, SUITE 3850, HOUSTON TX 77002
Lara Mataac other: General Counsel 121 W WACKER #2050, CHICAGO IL 60601
Alfred A Nietzel director ONE ADP BOULEVARD, ROSELAND NJ 07068
Steven Worth officer: General Counsel 121 W. WACKER, 20TH FLOOR, CHICAGO IL 60601
T Kendall Hunt director, 10 percent owner, officer: Chief Executive Officer C/O VASCO DATA SECURITY, 1901 S MEYERS ROAD, OAKBROOK TERRACE IL 60181
Matthew Moynahan officer: Chief Executive Officer 121 W WACKER #2050, CHICAGO IL 60601
Marianne Johnson director 121 W. WACKER #2050, CHICAGO IL 60601
Marc Boroditsky director 121 W. WACKER DR., SUITE 2050, CHICAGO IL 60614
John Bosshart other: Principal Accounting Officer 500 W. MADISON STREET, #1000, CHICAGO IL 60661
Sarika Garg director 121 W. WACKER, 20TH FLOOR, CHICAGO IL 60601
Garry L Capers director 3680 VICTORIA STREET N, SHOREVIEW MN 55126
Naureen Hassan director 121 W. WACKER #2050, CHICAGO IL 60601
Scott Clements officer: President and COO 1901 S. MEYERS ROAD SUITE 210, OAKBROOK TERRACE IL 60181

OneSpan Headlines

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