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Motorola Solutions (BSP:M1SI34) Cyclically Adjusted PS Ratio : 8.20 (As of May. 23, 2024)


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What is Motorola Solutions Cyclically Adjusted PS Ratio?

As of today (2024-05-23), Motorola Solutions's current share price is R$468.12. Motorola Solutions's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$57.11. Motorola Solutions's Cyclically Adjusted PS Ratio for today is 8.20.

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

BSP:M1SI34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.7   Med: 3.4   Max: 7.43
Current: 7.43

During the past years, Motorola Solutions's highest Cyclically Adjusted PS Ratio was 7.43. The lowest was 0.70. And the median was 3.40.

BSP:M1SI34's Cyclically Adjusted PS Ratio is ranked worse than
94.22% of 1922 companies
in the Hardware industry
Industry Median: 1.06 vs BSP:M1SI34: 7.43

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.

Motorola Solutions's adjusted revenue per share data for the three months ended in Mar. 2024 was R$17.884. 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 R$57.11 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Motorola Solutions Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Motorola Solutions'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.

Motorola Solutions Cyclically Adjusted PS Ratio Chart

Motorola Solutions 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 4.91 4.88 6.95 5.82 6.48

Motorola Solutions 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 6.31 6.30 5.71 6.48 7.10

Competitive Comparison of Motorola Solutions's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, Motorola Solutions'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.


Motorola Solutions's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Motorola Solutions 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.

Motorola Solutions's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=468.12/57.11
=8.20

* 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.

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

For example, Motorola Solutions'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)
=17.884/131.7762*131.7762
=17.884

Current CPI (Mar. 2024) = 131.7762.

Motorola Solutions Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.039 100.560 3.982
201409 3.382 100.428 4.438
201412 5.256 99.070 6.991
201503 4.410 99.621 5.833
201506 5.080 100.684 6.649
201509 6.893 100.392 9.048
201512 9.086 99.792 11.998
201603 6.231 100.470 8.173
201606 7.002 101.688 9.074
201609 7.347 101.861 9.505
201612 9.266 101.863 11.987
201703 5.895 102.862 7.552
201706 7.298 103.349 9.305
201709 7.623 104.136 9.646
201712 9.951 104.011 12.607
201803 7.054 105.290 8.829
201806 9.664 106.317 11.978
201809 11.081 106.507 13.710
201812 12.635 105.998 15.708
201903 9.112 107.251 11.196
201906 10.181 108.070 12.414
201909 11.642 108.329 14.162
201912 13.908 108.420 16.904
202003 11.493 108.902 13.907
202006 12.089 108.767 14.646
202009 14.535 109.815 17.442
202012 16.850 109.897 20.205
202103 14.421 111.754 17.005
202106 14.314 114.631 16.455
202109 15.972 115.734 18.186
202112 18.828 117.630 21.092
202203 13.598 121.301 14.772
202206 15.802 125.017 16.656
202209 18.139 125.227 19.088
202212 20.651 125.222 21.732
202303 16.379 127.348 16.949
202306 16.894 128.729 17.294
202309 18.380 129.860 18.651
202312 20.314 129.419 20.684
202403 17.884 131.776 17.884

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.


Motorola Solutions  (BSP:M1SI34) 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.


Motorola Solutions Cyclically Adjusted PS Ratio Related Terms

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


Motorola Solutions (BSP:M1SI34) Business Description

Address
500 West Monroe Street, Suite 4400, Chicago, IL, USA, 60661
Motorola Solutions is a leading provider of communications and analytics, primarily serving public safety departments as well as schools, hospitals, and businesses. The bulk of the firm's revenue comes from sales of land mobile radios and radio network infrastructure, but the firm also sells surveillance equipment and dispatch software. Most of Motorola's revenue comes from government agencies, while roughly 25% comes from schools and private businesses. Motorola has customers in over 100 countries and in every state in the United States.

Motorola Solutions (BSP:M1SI34) Headlines

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