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Alcatel-Lucent (Alcatel-Lucent) Cyclically Adjusted PS Ratio : (As of May. 05, 2024)


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What is Alcatel-Lucent Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Alcatel-Lucent Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Alcatel-Lucent'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.

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Alcatel-Lucent Cyclically Adjusted PS Ratio Chart

Alcatel-Lucent Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted PS Ratio
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Alcatel-Lucent Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Jun16
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Competitive Comparison of Alcatel-Lucent's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, Alcatel-Lucent'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.


Alcatel-Lucent's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Alcatel-Lucent's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Alcatel-Lucent 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.

Alcatel-Lucent's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2016 is calculated as:

For example, Alcatel-Lucent's adjusted Revenue per Share data for the three months ended in Jun. 2016 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2016 (Change)*Current CPI (Jun. 2016)
=0.716/100.6300*100.6300
=0.716

Current CPI (Jun. 2016) = 100.6300.

Alcatel-Lucent Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200606 2.531 89.650 2.841
200609 2.666 89.600 2.994
200612 3.496 89.710 3.922
200703 2.282 89.950 2.553
200706 2.577 90.720 2.859
200709 2.681 90.960 2.966
200712 3.380 92.030 3.696
200803 2.656 92.810 2.880
200806 2.823 93.960 3.023
200809 2.582 93.670 2.774
200812 2.963 92.950 3.208
200903 2.079 93.090 2.247
200906 2.420 93.500 2.605
200909 2.378 93.330 2.564
200912 2.559 93.800 2.745
201003 1.901 94.570 2.023
201006 2.063 94.910 2.187
201009 2.346 94.790 2.491
201012 2.846 95.450 3.000
201103 2.320 96.450 2.421
201106 2.374 96.910 2.465
201109 1.817 96.910 1.887
201112 1.785 97.800 1.837
201203 1.402 98.670 1.430
201206 1.961 98.780 1.998
201209 2.045 98.760 2.084
201212 2.370 99.100 2.407
201303 1.743 99.630 1.760
201306 1.891 99.700 1.909
201309 1.949 99.630 1.969
201312 2.115 99.800 2.133
201403 1.486 100.240 1.492
201406 1.611 100.180 1.618
201409 1.515 99.920 1.526
201412 1.641 99.860 1.654
201503 1.258 100.170 1.264
201506 1.387 100.440 1.390
201509 1.376 99.950 1.385
201512 1.589 100.040 1.598
201606 0.716 100.630 0.716

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.


Alcatel-Lucent  (NYSE:ALU) 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.


Alcatel-Lucent Cyclically Adjusted PS Ratio Related Terms

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Alcatel-Lucent (Alcatel-Lucent) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Alcatel-Lucent SA was incorporated on June 18, 1898. The Company is engaged in designing, manufacturing, operations and sales of equipment, material and software related to domestic, industrial, civil, military or other applications concerning electricity, telecommunications, computers, electronics, aerospace industry, nuclear energy, metallurgy, and, in general, of all the means of production or transmission of energy or communication. The Company's core Networking segment includes three business divisions: IP Routing, IP Transport and IP Platforms. The IP ROUTING focus is on the intelligent IP router market and emerging Software Defined Networking (SDN) markets and related professional services. In IP TRANSPORT segment company designs, manufactures and markets optical networking equipment to transport information over fiber optic connections over long distances on land or under sea, as well as for short distances in metropolitan and regional areas. The portfolio also includes related professional services and microwave wireless transmission equipment. In IP PLATFORMS, the Company offers software and services to service providers that allow them to meet the market evolution needs of mobile and fixed networks. The Company's access segment includes four business divisions: WIRELESS are committed to a wireless access portfolio that is suited to the operators that are moving to 4G/LTE quickly and decisively. FIXED ACCESS IP-based fixed access products and related professional services provides support for both DSL and fiber, allowing service providers to extend Ultra-Broadband access to the customer's premise regardless of technology and to seamlessly combine copper and fiber access technologies and FTTx deployment models to achieve the fastest return-on-investment and time-to-market. In LICENSING the Intellectual Property Business Group works to monetize the patent portfolio through licensing and patent sales while also maintaining and prosecuting patents. The managed services portfolio includes Build-Operate-Manage-Transfer (BOMT) Solutions, Operations Transformation Solutions, and Network Operations Services. These services can be delivered across a wide array of network technologies including Network Access (FTTx), Next generation wireless (LTE, Small Cells, 4G), and IP Networks. The Company's Other segment includes Enterprise and Government businesses to provide end-to-end products, solutions and services for small, medium, large and extra-large companies to improve conversations and collaboration across employees, customers and partners. The Company sells all of its products and services to the world's telecommunications service providers through its direct sales force. The Company's competitors include Avaya, Cisco Systems, Ericsson, Fujitsu, Huawei, Nokia Solutions and Networks (NSN), Samsung, Adtran, Calix, Ciena, Juniper, Ericsson and Huawei.

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