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Agilent Technologies (FRA:AG8) Cyclically Adjusted PS Ratio : 6.96 (As of May. 01, 2024)


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What is Agilent Technologies Cyclically Adjusted PS Ratio?

As of today (2024-05-01), Agilent Technologies's current share price is €129.80. Agilent Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was €18.65. Agilent Technologies's Cyclically Adjusted PS Ratio for today is 6.96.

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

FRA:AG8' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.02   Med: 4.4   Max: 10.74
Current: 7.01

During the past years, Agilent Technologies's highest Cyclically Adjusted PS Ratio was 10.74. The lowest was 2.02. And the median was 4.40.

FRA:AG8's Cyclically Adjusted PS Ratio is ranked worse than
80.88% of 136 companies
in the Medical Diagnostics & Research industry
Industry Median: 2.235 vs FRA:AG8: 7.01

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.

Agilent Technologies's adjusted revenue per share data for the three months ended in Jan. 2024 was €5.177. 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 €18.65 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Agilent Technologies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Agilent Technologies'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.

Agilent Technologies Cyclically Adjusted PS Ratio Chart

Agilent Technologies Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.74 6.36 9.34 7.69 5.32

Agilent Technologies Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 8.44 7.44 6.66 5.32 6.66

Competitive Comparison of Agilent Technologies's Cyclically Adjusted PS Ratio

For the Diagnostics & Research subindustry, Agilent Technologies'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.


Agilent Technologies's Cyclically Adjusted PS Ratio Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Agilent Technologies's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Agilent Technologies 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.

Agilent Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=129.80/18.65
=6.96

* 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.

Agilent Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Agilent Technologies's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=5.177/129.4194*129.4194
=5.177

Current CPI (Jan. 2024) = 129.4194.

Agilent Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 2.123 100.023 2.747
201407 2.206 100.520 2.840
201410 2.435 100.176 3.146
201501 2.614 98.604 3.431
201504 2.640 99.824 3.423
201507 2.760 100.691 3.547
201510 2.778 100.346 3.583
201601 2.852 99.957 3.693
201604 2.737 100.947 3.509
201607 2.881 101.524 3.673
201610 3.066 101.988 3.891
201701 3.077 102.456 3.887
201704 3.164 103.167 3.969
201707 2.963 103.278 3.713
201710 3.075 104.070 3.824
201801 3.074 104.578 3.804
201804 3.015 105.708 3.691
201807 3.178 106.324 3.868
201810 3.496 106.695 4.241
201901 3.493 106.200 4.257
201904 3.432 107.818 4.120
201907 3.596 108.250 4.299
201910 3.961 108.577 4.721
202001 3.906 108.841 4.645
202004 3.651 108.173 4.368
202007 3.516 109.318 4.163
202010 4.040 109.861 4.759
202101 4.113 110.364 4.823
202104 4.153 112.673 4.770
202107 4.385 115.183 4.927
202110 4.661 116.696 5.169
202201 4.884 118.619 5.329
202204 4.944 121.978 5.246
202207 5.648 125.002 5.848
202210 6.319 125.734 6.504
202301 5.487 126.223 5.626
202304 5.272 127.992 5.331
202307 5.124 128.974 5.142
202310 5.400 129.810 5.384
202401 5.177 129.419 5.177

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.


Agilent Technologies  (FRA:AG8) 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.


Agilent Technologies Cyclically Adjusted PS Ratio Related Terms

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


Agilent Technologies (FRA:AG8) Business Description

Traded in Other Exchanges
Address
5301 Stevens Creek Boulevard, Santa Clara, CA, USA, 95051
Originally spun out of Hewlett-Packard in 1999, Agilent has evolved into a leading life sciences and diagnostics firm. Today, Agilent's measurement technologies serve a broad base of customers with its three operating segments: life science and applied tools, cross lab (consisting of consumables and services related to life science and applied tools), and diagnostics and genomics. Over half of its sales are generated from the biopharmaceutical, chemical, and advanced materials end markets, but it also supports clinical lab, environmental, forensics, food, academic, and government-related organizations. The company is geographically diverse, with operations in the U.S. and China representing the largest country concentrations.

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