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Pixelworks (Pixelworks) Cyclically Adjusted PS Ratio : 0.87 (As of May. 14, 2024)


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What is Pixelworks Cyclically Adjusted PS Ratio?

As of today (2024-05-14), Pixelworks's current share price is $1.87. Pixelworks's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $2.16. Pixelworks's Cyclically Adjusted PS Ratio for today is 0.87.

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

PXLW' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.93   Max: 2.72
Current: 0.84

During the past years, Pixelworks's highest Cyclically Adjusted PS Ratio was 2.72. The lowest was 0.27. And the median was 0.93.

PXLW's Cyclically Adjusted PS Ratio is ranked better than
79.97% of 684 companies
in the Semiconductors industry
Industry Median: 2.275 vs PXLW: 0.84

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.

Pixelworks's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.353. 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 $2.16 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pixelworks Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Pixelworks'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.

Pixelworks Cyclically Adjusted PS Ratio Chart

Pixelworks 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 1.27 1.07 1.82 0.77 0.61

Pixelworks 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 0.77 0.65 0.76 0.51 0.61

Competitive Comparison of Pixelworks's Cyclically Adjusted PS Ratio

For the Semiconductors subindustry, Pixelworks'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.


Pixelworks's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

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

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



Pixelworks 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.87/2.16
=0.87

* 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.

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

For example, Pixelworks'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)
=0.353/129.4194*129.4194
=0.353

Current CPI (Dec. 2023) = 129.4194.

Pixelworks Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.610 99.695 0.792
201406 0.669 100.560 0.861
201409 0.744 100.428 0.959
201412 0.652 99.070 0.852
201503 0.617 99.621 0.802
201506 0.641 100.684 0.824
201509 0.644 100.392 0.830
201512 0.486 99.792 0.630
201603 0.400 100.470 0.515
201606 0.447 101.688 0.569
201609 0.482 101.861 0.612
201612 0.557 101.863 0.708
201703 0.729 102.862 0.917
201706 0.648 103.349 0.811
201709 0.576 104.136 0.716
201712 0.536 104.011 0.667
201803 0.435 105.290 0.535
201806 0.539 106.317 0.656
201809 0.565 106.507 0.687
201812 0.559 105.998 0.683
201903 0.430 107.251 0.519
201906 0.478 108.070 0.572
201909 0.474 108.329 0.566
201912 0.418 108.420 0.499
202003 0.354 108.902 0.421
202006 0.235 108.767 0.280
202009 0.201 109.815 0.237
202012 0.220 109.897 0.259
202103 0.179 111.754 0.207
202106 0.269 114.631 0.304
202109 0.288 115.734 0.322
202112 0.311 117.630 0.342
202203 0.310 121.301 0.331
202206 0.353 125.017 0.365
202209 0.320 125.227 0.331
202212 0.307 125.222 0.317
202303 0.179 127.348 0.182
202306 0.243 128.729 0.244
202309 0.284 129.860 0.283
202312 0.353 129.419 0.353

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.


Pixelworks  (NAS:PXLW) 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.


Pixelworks Cyclically Adjusted PS Ratio Related Terms

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


Pixelworks (Pixelworks) Business Description

Industry
Traded in Other Exchanges
Address
16760 Upper Boones Ferry Road, Suite 101, Portland, OR, USA, 97224
Pixelworks Inc is a provider of visual processing semiconductor and software solutions that enable consistently high-quality and authentic viewing experiences in a wide variety of applications. The company defines its key target markets as Mobile (smartphone and tablet), Home and Enterprise (projectors, personal video recorders (PVR), and over-the-air (OTA) streaming devices), and Cinema (creation, remastering, and delivery of digital video content). The company operates in one segment: the design, development, marketing and sale of IC solutions for use in electronic display devices. The company generates its revenue from two broad product markets: the Mobile market and the Home and Enterprise market. The majority of the revenue is earned in Japan.
Executives
Haley F Green officer: Chief Financial Officer 16760 SW UPPER BOONES FERRY RD., SUITE 101, PORTLAND OR 97224
Todd Debonis officer: Chief Operating Officer 47211 LAKEVIEW BLVD, FREMONT CA 94538
Daniel Heneghan director
John Y. Liu director 16760 SW UPPER BOONES FERRY RD., SUITE 101, PORTLAND OR 97224
Dean Warren Butler director C/O SYNAPTICS INCORPORATED, 1251 MCKAY DRIVE, SAN JOSE CA 95131
Elias Nader officer: VP and Chief Financial Officer 1778 MCCARTHY BLVD., C/O SIGMA DESIGNS, INC., MILPITAS CA 95035
C Scott Gibson director PMB 316, PO BOX 30,000, JACKSON WY 83002
David J. Tupman director 1028 CHURCH ST., SAN FRANCISCO CA 94114
Amy L Bunszel director 226 AIRPORT PARKWAY, SUITE 595, SAN JOSE CA 95110
Richard L Sanquini director 14087 LOMA RIO DR, SARATOGA CA 95070
Steven L Moore officer: VP Finance, CFO & Treasurer
Stephen L Domenik director, officer: Chief Executive Officer C/O SEVIN ROSEN FUNDS, 13455 NOEL RD #1670, DALLAS TX 75240
Bruce A Walicek director 8100 SW NYBERG ROAD, TUALATIN OR 97062
Northern Right Capital Management, L.p. other: Member of a 13(d) 10% Group 9 OLD KINGS HWY. S., 4TH FLOOR, DARIEN CT 06820
Bradley J. Shisler other: See Remarks 7400 49TH AVENUE NORTH, NEW HOPE MN 55428