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Linear Technology (FRA:LTC) Cyclically Adjusted PS Ratio : (As of May. 27, 2024)


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What is Linear Technology Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Linear Technology Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Linear Technology'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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Linear Technology Cyclically Adjusted PS Ratio Chart

Linear Technology Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
Cyclically Adjusted PS Ratio
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Linear Technology Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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Competitive Comparison of Linear Technology's Cyclically Adjusted PS Ratio

For the Semiconductors subindustry, Linear Technology'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.


Linear Technology's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

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

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



Linear Technology 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.

Linear Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2016 is calculated as:

For example, Linear Technology's adjusted Revenue per Share data for the three months ended in Dec. 2016 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2016 (Change)*Current CPI (Dec. 2016)
=1.447/101.8627*101.8627
=1.447

Current CPI (Dec. 2016) = 101.8627.

Linear Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200703 0.632 86.640 0.743
200706 0.673 87.906 0.780
200709 0.883 87.964 1.023
200712 0.873 88.616 1.003
200803 0.854 90.090 0.966
200806 0.873 92.320 0.963
200809 0.965 92.307 1.065
200812 0.816 88.697 0.937
200903 0.679 89.744 0.771
200906 0.656 91.003 0.734
200909 0.711 91.120 0.795
200912 0.770 91.111 0.861
201003 1.002 91.821 1.112
201006 1.309 91.962 1.450
201009 1.283 92.162 1.418
201012 1.249 92.474 1.376
201103 1.080 94.283 1.167
201106 1.069 95.235 1.143
201109 1.029 95.727 1.095
201112 0.958 95.213 1.025
201203 1.007 96.783 1.060
201206 1.123 96.819 1.181
201209 1.102 97.633 1.150
201212 0.982 96.871 1.033
201303 1.018 98.209 1.056
201306 1.043 98.518 1.078
201309 1.064 98.790 1.097
201312 1.015 98.326 1.052
201403 1.031 99.695 1.053
201406 1.109 100.560 1.123
201409 1.176 100.428 1.193
201412 1.169 99.070 1.202
201503 1.403 99.621 1.435
201506 1.379 100.684 1.395
201509 1.242 100.392 1.260
201512 1.301 99.792 1.328
201603 1.325 100.470 1.343
201606 1.357 101.688 1.359
201609 1.356 101.861 1.356
201612 1.447 101.863 1.447

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.


Linear Technology  (FRA:LTC) 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.


Linear Technology Cyclically Adjusted PS Ratio Related Terms

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Linear Technology (FRA:LTC) Business Description

Traded in Other Exchanges
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Linear Technology designs and manufactures standard high-performance analog integrated circuits for a diverse customer base spanning industrial, automotive, communications, and high-end consumer electronics. The firm offers thousands of analog products to tens of thousands of original equipment manufacturers globally. Most of its products support functions such as power management, data interface, and conversion. International markets account for the lion's share of Linear's revenue.