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Belden (Belden) Cyclically Adjusted PS Ratio : 1.32 (As of Apr. 30, 2024)


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What is Belden Cyclically Adjusted PS Ratio?

As of today (2024-04-30), Belden's current share price is $81.27. Belden's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $61.47. Belden's Cyclically Adjusted PS Ratio for today is 1.32.

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

BDC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.55   Med: 1.35   Max: 2.29
Current: 1.37

During the past years, Belden's highest Cyclically Adjusted PS Ratio was 2.29. The lowest was 0.55. And the median was 1.35.

BDC's Cyclically Adjusted PS Ratio is ranked worse than
58.81% of 1896 companies
in the Hardware industry
Industry Median: 1.02 vs BDC: 1.37

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.

Belden's adjusted revenue per share data for the three months ended in Dec. 2023 was $13.110. 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 $61.47 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Belden Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Belden'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.

Belden Cyclically Adjusted PS Ratio Chart

Belden 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 1.09 0.81 1.19 1.20 1.26

Belden 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 1.20 1.43 1.56 1.56 1.26

Competitive Comparison of Belden's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, Belden'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.


Belden's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Belden 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=81.27/61.47
=1.32

* 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.

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

For example, Belden'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)
=13.11/129.4194*129.4194
=13.110

Current CPI (Dec. 2023) = 129.4194.

Belden Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 11.011 99.695 14.294
201406 13.567 100.560 17.461
201409 13.910 100.428 17.926
201412 13.999 99.070 18.288
201503 12.859 99.621 16.705
201506 13.549 100.684 17.416
201509 13.500 100.392 17.403
201512 14.066 99.792 18.242
201603 12.775 100.470 16.456
201606 14.145 101.688 18.002
201609 14.095 101.861 17.908
201612 14.368 101.863 18.255
201703 12.920 102.862 16.256
201706 14.256 103.349 17.852
201709 14.714 104.136 18.287
201712 7.126 104.011 8.867
201803 14.545 105.290 17.878
201806 16.319 106.317 19.865
201809 13.754 106.507 16.713
201812 5.890 105.998 7.191
201903 12.611 107.251 15.218
201906 13.843 108.070 16.578
201909 11.950 108.329 14.276
201912 12.011 108.420 14.337
202003 10.179 108.902 12.097
202006 9.511 108.767 11.317
202009 10.643 109.815 12.543
202012 8.653 109.897 10.190
202103 11.293 111.754 13.078
202106 12.723 114.631 14.364
202109 13.313 115.734 14.887
202112 13.386 117.630 14.728
202203 13.395 121.301 14.291
202206 14.884 125.017 15.408
202209 15.217 125.227 15.727
202212 15.076 125.222 15.581
202303 14.697 127.348 14.936
202306 16.066 128.729 16.152
202309 14.705 129.860 14.655
202312 13.110 129.419 13.110

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.


Belden  (NYSE:BDC) 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.


Belden Cyclically Adjusted PS Ratio Related Terms

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


Belden (Belden) Business Description

Industry
Traded in Other Exchanges
Address
1 North Brentwood Boulevard, 15th Floor, St. Louis, MO, USA, 63105
Belden Inc provides signal transmission products to distributors, end-users, installers, and original equipment manufacturers. The firm operates in two segments - Enterprise Solutions and Industrial Solutions. The Enterprise Solutions segment is a provider in network infrastructure solutions, as well as cabling and connectivity solutions for commercial audio/video and security applications. The Industrial Solutions segment is a provider of high-performance networking components and machine connectivity products.
Executives
Leah Tate officer: SVP - HR C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
Ashish Chand officer: EVP, Industrial Automation C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
Jay V Wirts officer: EVP, Enterprise Solutions C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
Doug Zink officer: VP and CAO 739 TRAGO CREEK DRIVE, BALLWIN MO 63021
Vivie Lee director 126 SIERRA POINT ROAD, BRISBANE CA 94005
Jonathan C Klein director 2 CERF LANE, PO BOX 1032, MT. KISCO NY 10549
Nancy E. Calderon director 1285 WAKEFIELD TRAIL, RENO NV 89523
Brian Lieser officer: EVP, Indust. Automation Solut. C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
Anshuman Mehrotra officer: SVP, Sales C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
Roel Vestjens officer: SVP, Broadcast Solutions C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
Gregory James Mccray director 422 HANDEL COURT, WHEATON IL 60187
Jeremy E Parks officer: SVP - Finance and CFO C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
John S Stroup director, officer: Chief Executive Officer 1 N. BRENTWOOD BLVD., SUITE 1500, ST. LOUIS MO 63105
Judy L Brown director C/O PERRIGO COMPANY, 515 EASTERN AVENUE, ALLEGAN MI 49010
Leo Kulmaczewski officer: SVP, Ops & Lean Enterprise C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105