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Monolithic Power Systems (Monolithic Power Systems) Cyclically Adjusted PS Ratio : 33.91 (As of May. 15, 2024)


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What is Monolithic Power Systems Cyclically Adjusted PS Ratio?

As of today (2024-05-15), Monolithic Power Systems's current share price is $713.71. Monolithic Power Systems's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $21.05. Monolithic Power Systems's Cyclically Adjusted PS Ratio for today is 33.91.

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

MPWR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.61   Med: 16.73   Max: 46.54
Current: 33.91

During the past years, Monolithic Power Systems's highest Cyclically Adjusted PS Ratio was 46.54. The lowest was 4.61. And the median was 16.73.

MPWR's Cyclically Adjusted PS Ratio is ranked worse than
97.81% of 684 companies
in the Semiconductors industry
Industry Median: 2.29 vs MPWR: 33.91

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.

Monolithic Power Systems's adjusted revenue per share data for the three months ended in Mar. 2024 was $9.358. 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 $21.05 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Monolithic Power Systems Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Monolithic Power Systems'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.

Monolithic Power Systems Cyclically Adjusted PS Ratio Chart

Monolithic Power Systems 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 19.47 35.28 37.97 21.04 31.06

Monolithic Power Systems Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 28.06 28.83 23.50 31.06 32.19

Competitive Comparison of Monolithic Power Systems's Cyclically Adjusted PS Ratio

For the Semiconductors subindustry, Monolithic Power Systems'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.


Monolithic Power Systems's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Monolithic Power Systems's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Monolithic Power Systems 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.

Monolithic Power Systems's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=713.71/21.05
=33.91

* 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.

Monolithic Power Systems's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Monolithic Power Systems's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=9.358/129.4194*129.4194
=9.358

Current CPI (Mar. 2024) = 129.4194.

Monolithic Power Systems Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.728 100.560 2.224
201409 1.972 100.428 2.541
201412 1.878 99.070 2.453
201503 1.811 99.621 2.353
201506 1.998 100.684 2.568
201509 2.241 100.392 2.889
201512 2.097 99.792 2.720
201603 2.029 100.470 2.614
201606 2.255 101.688 2.870
201609 2.541 101.861 3.228
201612 2.444 101.863 3.105
201703 2.320 102.862 2.919
201706 2.585 103.349 3.237
201709 2.965 104.136 3.685
201712 2.931 104.011 3.647
201803 2.917 105.290 3.586
201806 3.148 106.317 3.832
201809 3.581 106.507 4.351
201812 3.407 105.998 4.160
201903 3.125 107.251 3.771
201906 3.320 108.070 3.976
201909 3.683 108.329 4.400
201912 3.585 108.420 4.279
202003 3.552 108.902 4.221
202006 3.976 108.767 4.731
202009 5.525 109.815 6.511
202012 4.896 109.897 5.766
202103 5.333 111.754 6.176
202106 6.142 114.631 6.934
202109 6.761 115.734 7.560
202112 6.976 117.630 7.675
202203 7.828 121.301 8.352
202206 9.547 125.017 9.883
202209 10.247 125.227 10.590
202212 9.476 125.222 9.794
202303 9.271 127.348 9.422
202306 9.048 128.729 9.097
202309 9.732 129.860 9.699
202312 9.288 129.419 9.288
202403 9.358 129.419 9.358

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.


Monolithic Power Systems  (NAS:MPWR) 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.


Monolithic Power Systems Cyclically Adjusted PS Ratio Related Terms

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


Monolithic Power Systems (Monolithic Power Systems) Business Description

Traded in Other Exchanges
Address
5808 Lake Washington Boulevard NE, Kirkland, WA, USA, 98033
Monolithic Power Systems is an analog and mixed-signal chipmaker, specializing in power management solutions. The firm's mission is to reduce total energy consumption in end systems, and it serves the computing, automotive, industrial, communications, and consumer end markets. MPS uses a fabless manufacturing model, partnering with third-party chip foundries to host its proprietary BCD process technology.
Executives
Maurice Sciammas officer: Sr. V.P.of Sales and Marketing 79 GREAT OAKS BLVD, SAN JOSE CA 95119
Deming Xiao officer: Vice President of Operations 79 GREAT OAKS BLVD, SAN JOSE CA 95119
Saria Tseng officer: VP and General Counsel 79 GREAT OAKS BLVD, SAN JOSE CA 95119
Michael Hsing director, 10 percent owner, officer: President and CEO 79 GREAT OAKS BLVD, SAN JOSE CA 95119
Theodore Blegen officer: CFO 5808 LAKE WASHINGTON BLVD NE, KIRKLAND WA 98033
James C Moyer director, 10 percent owner, officer: Chief Design Engineer 79 GREAT OAKS BLVD, SAN JOSE CA 95119
Chang Kuo Wei Herbert director, 10 percent owner C/O MARVELL SEMICONDUCTOR, INC., 5488 MARVELL LANE, SANTA CLARA CA 95054
Eileen Wynne director MONOLITHIC POWER SYSTEMS, 79 GREAT OAKS BLVD, SAN JOSE CA 95117
Jeff Zhou director 6409 GUADALUPE MINES ROAD, SAN JOSE CA 95120
Eugen J Elmiger director BUEELHADE 3A, SEMPACH STADT V8 6204
Victor K Lee director C/O LEADIS TECHNOLOGY, 800 W. CALIFORNIA AVENUE, SUITE 200, SUNNYVALE CA 94086
Carintia Martinez director 5808 LAKE WASHINGTON BLVD NE, KIRKLAND WA 98033
Meera Rao officer: VP of Finance, Corp Controller 1050 ENTERPRISE WAY, SUITE 700, SUNNYVALE CA 94089
Douglas M Mcburnie director 233 S. HILLVIEW DRIVE, MILPITAS CA 95035
Smith- Pilkington Karen A director 343 STATE STREET, ROCHESTER NY 146500211

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