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FLIR Systems (FRA:FL4) Cyclically Adjusted PS Ratio : (As of May. 26, 2024)


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What is FLIR Systems Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


FLIR Systems Cyclically Adjusted PS Ratio Historical Data

The historical data trend for FLIR 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.

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FLIR Systems Cyclically Adjusted PS Ratio Chart

FLIR Systems Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted PS Ratio
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FLIR Systems Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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Competitive Comparison of FLIR Systems's Cyclically Adjusted PS Ratio

For the Scientific & Technical Instruments subindustry, FLIR 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.


FLIR Systems's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



FLIR 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.

FLIR Systems's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2021 is calculated as:

For example, FLIR Systems's adjusted Revenue per Share data for the three months ended in Mar. 2021 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2021 (Change)*Current CPI (Mar. 2021)
=2.96/111.7544*111.7544
=2.960

Current CPI (Mar. 2021) = 111.7544.

FLIR Systems Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201106 1.672 95.235 1.962
201109 1.679 95.727 1.960
201112 1.949 95.213 2.288
201203 1.680 96.783 1.940
201206 1.739 96.819 2.007
201209 1.692 97.633 1.937
201212 1.961 96.871 2.262
201303 1.840 98.209 2.094
201306 2.053 98.518 2.329
201309 1.857 98.790 2.101
201312 2.031 98.326 2.308
201403 1.767 99.695 1.981
201406 1.886 100.560 2.096
201409 2.031 100.428 2.260
201412 2.463 99.070 2.778
201503 2.250 99.621 2.524
201506 2.475 100.684 2.747
201509 2.422 100.392 2.696
201512 2.884 99.792 3.230
201603 2.455 100.470 2.731
201606 2.579 101.688 2.834
201609 2.618 101.861 2.872
201612 3.256 101.863 3.572
201703 2.752 102.862 2.990
201706 2.791 103.349 3.018
201709 2.797 104.136 3.002
201712 2.944 104.011 3.163
201803 2.529 105.290 2.684
201806 2.765 106.317 2.906
201809 2.656 106.507 2.787
201812 2.836 105.998 2.990
201903 2.869 107.251 2.989
201906 3.112 108.070 3.218
201909 3.145 108.329 3.244
201912 3.235 108.420 3.334
202003 3.024 108.902 3.103
202006 3.250 108.767 3.339
202009 3.007 109.815 3.060
202012 3.269 109.897 3.324
202103 2.960 111.754 2.960

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.


FLIR Systems  (FRA:FL4) 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.


FLIR Systems Cyclically Adjusted PS Ratio Related Terms

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FLIR Systems (FRA:FL4) Business Description

Industry
Traded in Other Exchanges
N/A
Address
27700 SW Parkway Avenue, Wilsonville, OR, USA, 97070
FLIR Systems Inc designs, develops, markets, and distributes technologies that detect people, objects, and substances. The company's two business units are Industrial Technologies and Defense Technologies segment. The Industrial Technologies segment develops components used to create thermal, industrial, and other imaging systems. The Defense Technologies unit develops imaging and recognition solutions for military, law enforcement, and other government customers. The company operates around the world, with a significant portion of revenue coming from the United States.

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