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Wolfson Microelectronics (LSE:WLF) Cyclically Adjusted PS Ratio : (As of May. 21, 2024)


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What is Wolfson Microelectronics Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Wolfson Microelectronics Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Wolfson Microelectronics'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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Wolfson Microelectronics Cyclically Adjusted PS Ratio Chart

Wolfson Microelectronics Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec12 Dec13
Cyclically Adjusted PS Ratio
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Wolfson Microelectronics Quarterly Data
Mar09 Jun09 Sep09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14
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Competitive Comparison of Wolfson Microelectronics's Cyclically Adjusted PS Ratio

For the Semiconductor Equipment & Materials subindustry, Wolfson Microelectronics'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.


Wolfson Microelectronics's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

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

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



Wolfson Microelectronics 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.

Wolfson Microelectronics's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec13 is calculated as:

For example, Wolfson Microelectronics's adjusted Revenue per Share data for the fiscal year that ended in Dec13 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec13 (Change)*Current CPI (Dec13)
=0.932/99.2000*99.2000
=0.932

Current CPI (Dec13) = 99.2000.

Wolfson Microelectronics Annual Data

Revenue per Share CPI Adj_RevenuePerShare
200112 1.464 75.000 1.936
200212 2.262 76.300 2.941
200312 0.433 77.300 0.556
200412 0.535 78.600 0.675
200512 0.820 80.300 1.013
200612 0.873 82.600 1.048
200712 0.964 84.500 1.132
200812 1.131 87.100 1.288
201212 0.947 97.300 0.965
201312 0.932 99.200 0.932

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.


Wolfson Microelectronics  (LSE:WLF) 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.


Wolfson Microelectronics Cyclically Adjusted PS Ratio Related Terms

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Wolfson Microelectronics (LSE:WLF) Business Description

Traded in Other Exchanges
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Address
Wolfson Microelectronics PLC supplies high performance mixed-signal semiconductors to the consumer electronics market. The company's two segments are Audio Hubs and Discrete and Power Products. Audio Hubs includes the supply and sale of Audio Hubs high performance audio integrated circuit solutions. Discrete and Power Products includes the supply and sale of integrated circuits which are discrete components. The company operates in Japan, Asia Pacific, Americas and Europe.

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