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Monolithic Power Systems (FRA:NQG) Cyclically Adjusted PS Ratio : 33.95 (As of Jun. 06, 2024)


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What is Monolithic Power Systems Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Monolithic Power Systems's current share price is €665.80. Monolithic Power Systems's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €19.61. Monolithic Power Systems's Cyclically Adjusted PS Ratio for today is 33.95.

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

FRA:NQG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.61   Med: 16.92   Max: 46.54
Current: 35.38

During the past years, Monolithic Power Systems's highest Cyclically Adjusted PS Ratio was 46.54. The lowest was 4.61. And the median was 16.92.

FRA:NQG's Cyclically Adjusted PS Ratio is ranked worse than
97.8% of 681 companies
in the Semiconductors industry
Industry Median: 2.31 vs FRA:NQG: 35.38

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.

Monolithic Power Systems's adjusted revenue per share data for the three months ended in Mar. 2024 was €8.610. 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 €19.61 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Monolithic Power Systems Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Monolithic Power 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.

* Premium members only.

Monolithic Power Systems Cyclically Adjusted PS Ratio Chart

Monolithic Power Systems 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 19.47 35.28 37.97 21.04 31.06

Monolithic Power Systems 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 28.06 28.83 23.50 31.06 31.64

Competitive Comparison of Monolithic Power Systems's Cyclically Adjusted PS Ratio

For the Semiconductors subindustry, Monolithic Power 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.


Monolithic Power Systems's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

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

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



Monolithic Power 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.

Monolithic Power Systems's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=665.80/19.61
=33.95

* 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.

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

For example, Monolithic Power Systems'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)
=8.61/131.7762*131.7762
=8.610

Current CPI (Mar. 2024) = 131.7762.

Monolithic Power Systems Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.272 100.560 1.667
201409 1.530 100.428 2.008
201412 1.523 99.070 2.026
201503 1.674 99.621 2.214
201506 1.780 100.684 2.330
201509 1.997 100.392 2.621
201512 1.925 99.792 2.542
201603 1.822 100.470 2.390
201606 2.007 101.688 2.601
201609 2.264 101.861 2.929
201612 2.317 101.863 2.997
201703 2.169 102.862 2.779
201706 2.301 103.349 2.934
201709 2.488 104.136 3.148
201712 2.477 104.011 3.138
201803 2.365 105.290 2.960
201806 2.694 106.317 3.339
201809 3.069 106.507 3.797
201812 2.994 105.998 3.722
201903 2.766 107.251 3.399
201906 2.938 108.070 3.582
201909 3.344 108.329 4.068
201912 3.227 108.420 3.922
202003 3.215 108.902 3.890
202006 3.531 108.767 4.278
202009 4.691 109.815 5.629
202012 4.024 109.897 4.825
202103 4.480 111.754 5.283
202106 5.098 114.631 5.860
202109 5.747 115.734 6.544
202112 6.173 117.630 6.915
202203 7.108 121.301 7.722
202206 9.032 125.017 9.520
202209 10.349 125.227 10.890
202212 8.945 125.222 9.413
202303 8.659 127.348 8.960
202306 8.351 128.729 8.549
202309 9.119 129.860 9.254
202312 8.517 129.419 8.672
202403 8.610 131.776 8.610

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.


Monolithic Power Systems  (FRA:NQG) 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.


Monolithic Power Systems Cyclically Adjusted PS Ratio Related Terms

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


Monolithic Power Systems (FRA:NQG) Business Description

Traded in Other Exchanges
Address
5808 Lake Washington Boulevard NE, Kirkland, WA, USA, 98033
Monolithic Power Systems is an analog and mixed-signal chipmaker, specializing in power management solutions. The firm's mission is to reduce total energy consumption in end systems, and it serves the computing, automotive, industrial, communications, and consumer end markets. MPS uses a fabless manufacturing model, partnering with third-party chip foundries to host its proprietary BCD process technology.

Monolithic Power Systems (FRA:NQG) Headlines

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