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Seagate Technology Holdings (HAM:847) Cyclically Adjusted PS Ratio : 2.12 (As of May. 17, 2024)


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What is Seagate Technology Holdings Cyclically Adjusted PS Ratio?

As of today (2024-05-17), Seagate Technology Holdings's current share price is €90.59. Seagate Technology Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €42.73. Seagate Technology Holdings's Cyclically Adjusted PS Ratio for today is 2.12.

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

HAM:847' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.64   Med: 1.58   Max: 2.74
Current: 2.16

During the past years, Seagate Technology Holdings's highest Cyclically Adjusted PS Ratio was 2.74. The lowest was 0.64. And the median was 1.58.

HAM:847's Cyclically Adjusted PS Ratio is ranked worse than
71.93% of 1920 companies
in the Hardware industry
Industry Median: 1.065 vs HAM:847: 2.16

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.

Seagate Technology Holdings's adjusted revenue per share data for the three months ended in Mar. 2024 was €7.148. 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 €42.73 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Seagate Technology Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Seagate Technology Holdings'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.

Seagate Technology Holdings Cyclically Adjusted PS Ratio Chart

Seagate Technology Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.33 1.31 2.23 1.60 1.33

Seagate Technology Holdings 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 1.44 1.33 1.42 1.86 2.04

Competitive Comparison of Seagate Technology Holdings's Cyclically Adjusted PS Ratio

For the Computer Hardware subindustry, Seagate Technology Holdings'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.


Seagate Technology Holdings's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Seagate Technology Holdings 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.

Seagate Technology Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=90.59/42.73
=2.12

* 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.

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

For example, Seagate Technology Holdings'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)
=7.148/120.9901*120.9901
=7.148

Current CPI (Mar. 2024) = 120.9901.

Seagate Technology Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 7.252 100.773 8.707
201409 8.716 100.474 10.496
201412 8.921 99.576 10.839
201503 9.324 99.975 11.284
201506 8.102 100.573 9.747
201509 8.462 100.274 10.210
201512 9.107 99.676 11.054
201603 7.820 99.676 9.492
201606 7.900 101.072 9.457
201609 8.279 100.274 9.989
201612 9.206 99.676 11.175
201703 8.334 100.374 10.046
201706 7.162 100.673 8.607
201709 7.562 100.474 9.106
201712 8.462 100.075 10.231
201803 7.812 100.573 9.398
201806 8.226 101.072 9.847
201809 8.778 101.371 10.477
201812 8.315 100.773 9.983
201903 7.208 101.670 8.578
201906 7.603 102.168 9.004
201909 8.670 102.268 10.257
201912 9.156 102.068 10.853
202003 9.353 102.367 11.055
202006 8.531 101.769 10.142
202009 7.585 101.072 9.080
202012 8.590 101.072 10.283
202103 9.679 102.367 11.440
202106 10.733 103.364 12.563
202109 11.462 104.859 13.225
202112 12.256 106.653 13.903
202203 11.460 109.245 12.692
202206 11.404 112.779 12.234
202209 9.787 113.504 10.433
202212 8.647 115.436 9.063
202303 8.392 117.609 8.633
202306 7.143 119.662 7.222
202309 6.550 120.749 6.563
202312 6.823 120.749 6.837
202403 7.148 120.990 7.148

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.


Seagate Technology Holdings  (HAM:847) 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.


Seagate Technology Holdings Cyclically Adjusted PS Ratio Related Terms

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


Seagate Technology Holdings (HAM:847) Business Description

Address
38/39 Fitzwilliam Square, Dublin, IRL, D02 NX53
Seagate is a leading supplier of hard disk drives for data storage to the enterprise and consumer markets. It forms a practical duopoly in the market with its chief rival, Western Digital; they are both vertically integrated.

Seagate Technology Holdings (HAM:847) Headlines

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