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Power Integrations (Power Integrations) Cyclically Adjusted PS Ratio : 7.42 (As of Apr. 28, 2024)


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What is Power Integrations Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Power Integrations's current share price is $67.27. Power Integrations's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $9.07. Power Integrations's Cyclically Adjusted PS Ratio for today is 7.42.

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

POWI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.04   Med: 6.81   Max: 14.96
Current: 7.42

During the past years, Power Integrations's highest Cyclically Adjusted PS Ratio was 14.96. The lowest was 4.04. And the median was 6.81.

POWI's Cyclically Adjusted PS Ratio is ranked worse than
84.82% of 672 companies
in the Semiconductors industry
Industry Median: 2.24 vs POWI: 7.42

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.

Power Integrations's adjusted revenue per share data for the three months ended in Dec. 2023 was $1.561. 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 $9.07 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Power Integrations Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Power Integrations'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.

Power Integrations Cyclically Adjusted PS Ratio Chart

Power Integrations 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 7.63 12.08 11.90 8.19 9.05

Power Integrations 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 8.19 9.49 10.47 8.35 9.05

Competitive Comparison of Power Integrations's Cyclically Adjusted PS Ratio

For the Semiconductors subindustry, Power Integrations'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.


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

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

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



Power Integrations 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=67.27/9.07
=7.42

* 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.

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

For example, Power Integrations'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)
=1.561/129.4194*129.4194
=1.561

Current CPI (Dec. 2023) = 129.4194.

Power Integrations Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.333 99.695 1.730
201406 1.430 100.560 1.840
201409 1.465 100.428 1.888
201412 1.436 99.070 1.876
201503 1.373 99.621 1.784
201506 1.419 100.684 1.824
201509 1.517 100.392 1.956
201512 1.504 99.792 1.951
201603 1.505 100.470 1.939
201606 1.658 101.688 2.110
201609 1.715 101.861 2.179
201612 1.705 101.863 2.166
201703 1.730 102.862 2.177
201706 1.766 103.349 2.211
201709 1.817 104.136 2.258
201712 1.759 104.011 2.189
201803 1.687 105.290 2.074
201806 1.814 106.317 2.208
201809 1.835 106.507 2.230
201812 1.568 105.998 1.914
201903 1.514 107.251 1.827
201906 1.732 108.070 2.074
201909 1.911 108.329 2.283
201912 1.899 108.420 2.267
202003 1.820 108.902 2.163
202006 1.762 108.767 2.097
202009 1.991 109.815 2.346
202012 2.455 109.897 2.891
202103 2.827 111.754 3.274
202106 2.930 114.631 3.308
202109 2.881 115.734 3.222
202112 2.809 117.630 3.091
202203 3.030 121.301 3.233
202206 3.156 125.017 3.267
202209 2.782 125.227 2.875
202212 2.167 125.222 2.240
202303 1.846 127.348 1.876
202306 2.137 128.729 2.148
202309 2.174 129.860 2.167
202312 1.561 129.419 1.561

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.


Power Integrations  (NAS:POWI) 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.


Power Integrations Cyclically Adjusted PS Ratio Related Terms

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


Power Integrations (Power Integrations) Business Description

Traded in Other Exchanges
Address
5245 Hellyer Avenue, San Jose, CA, USA, 95138-1002
Power Integrations Inc design, develop and market analog and mixed-signal integrated circuits (ICs) and other electronic components and circuitry used in high-voltage power conversion. Products are used in power converters that convert electricity from a high-voltage source to the type of power required for a specified downstream use. Products are used in electronic products including mobile phones, computing and networking equipment, appliances, electronic utility meters, battery-powered tools, industrial controls, and home-automation, or internet of things applications such as networked thermostats, power strips and security devices. Geographically, revenue is generated in China and Hong Kong.
Executives
Sandeep Nayyar officer: Chief Financial Officer C/O SMART GLOBAL HOLDINGS, INC., 39870 EUREKA DRIVE, NEWARK CA 94560
Balu Balakrishnan officer: President & CEO C/O POWER INTEGRATIONS, 5245 HELLYER AVE, SAN JOSE CA 95138
David Mh Matthews officer: VP of Product Development 5245 HELLYER AVE, SAN JOSE CA 95138
Doug Bailey officer: VP Marketing 5245 HELLYER AVE, SAN JOSE CA 95138
Clifford Walker officer: VP of Corp Development C/O POWER INTEGRATIONS, 5245 HELLYER AVE, SAN JOSE CA 95138
Sunil Gupta officer: VP of Operations INTERSIL CORPORATION, 1001 MURPHY RANCH ROAD, MILPITAS CA 95035
Nicholas Brathwaite director C/O POWER INTEGRATIONS, 5245 HELLYER AVE, SAN JOSE CA 95138
Yang Chiah Yee officer: VP, Worldwide Sales 2911 ZANKER ROAD, SAN JOSE CA 95134
Radu Barsan officer: VP of Technology, Engineering 5245 HELLYER AVE, SAN JOSE CA 95138
Necip Sayiner director 400 W CESAR CHAVEZ, AUSTIN TX 78701
Ravi Vig director C/O ALLEGRO MICROSYSTEMS, INC., 955 PERIMETER ROAD, MANCHESTER NH 03103
Nancy Lee Gioia director 6555 WEST GOOD HOPE RD., MILWAUKEE WI 53223
Steven Sharp director C/O POWER INTEGRATIONS, 5245 HELLYER AVE, SAN JOSE CA 95138
Ben Sutherland officer: Acting VP of Sales 5245 HELLYER AVE, SAN JOSE CA 95138
Jennifer A Lloyd director 5245 HELLYER AVE, SAN JOSE CA 95138