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Skyworks Solutions (LTS:0L77) Cyclically Adjusted PS Ratio : 2.57 (As of May. 01, 2024)


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What is Skyworks Solutions Cyclically Adjusted PS Ratio?

As of today (2024-05-01), Skyworks Solutions's current share price is $107.50. Skyworks Solutions's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $41.88. Skyworks Solutions's Cyclically Adjusted PS Ratio for today is 2.57.

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

LTS:0L77' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.38   Med: 7.4   Max: 14.35
Current: 4.08

During the past years, Skyworks Solutions's highest Cyclically Adjusted PS Ratio was 14.35. The lowest was 3.38. And the median was 7.40.

LTS:0L77's Cyclically Adjusted PS Ratio is ranked worse than
70.59% of 680 companies
in the Semiconductors industry
Industry Median: 2.28 vs LTS:0L77: 4.08

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.

Skyworks Solutions's adjusted revenue per share data for the three months ended in Dec. 2023 was $7.463. 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 $41.88 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Skyworks Solutions Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Skyworks Solutions'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.

Skyworks Solutions Cyclically Adjusted PS Ratio Chart

Skyworks Solutions Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.43 9.04 8.59 3.68 3.82

Skyworks Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.85 4.81 4.40 3.82 4.31

Competitive Comparison of Skyworks Solutions's Cyclically Adjusted PS Ratio

For the Semiconductors subindustry, Skyworks Solutions'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.


Skyworks Solutions's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

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

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



Skyworks Solutions 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.

Skyworks Solutions's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=107.50/41.88
=2.57

* 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.

Skyworks Solutions's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Skyworks Solutions's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=7.463/129.4194*129.4194
=7.463

Current CPI (Dec. 2023) = 129.4194.

Skyworks Solutions Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.503 99.695 3.249
201406 3.038 100.560 3.910
201409 3.706 100.428 4.776
201412 4.148 99.070 5.419
201503 3.904 99.621 5.072
201506 4.145 100.684 5.328
201509 4.519 100.392 5.826
201512 4.760 99.792 6.173
201603 4.010 100.470 5.165
201606 3.921 101.688 4.990
201609 4.425 101.861 5.622
201612 4.881 101.863 6.201
201703 4.552 102.862 5.727
201706 4.827 103.349 6.045
201709 5.299 104.136 6.586
201712 5.671 104.011 7.056
201803 4.956 105.290 6.092
201806 4.892 106.317 5.955
201809 5.596 106.507 6.800
201812 5.470 105.998 6.679
201903 4.641 107.251 5.600
201906 4.423 108.070 5.297
201909 4.799 108.329 5.733
201912 5.222 108.420 6.233
202003 4.477 108.902 5.321
202006 4.378 108.767 5.209
202009 5.672 109.815 6.685
202012 9.042 109.897 10.648
202103 7.025 111.754 8.135
202106 6.685 114.631 7.547
202109 7.836 115.734 8.763
202112 9.077 117.630 9.987
202203 8.124 121.301 8.668
202206 7.632 125.017 7.901
202209 8.744 125.227 9.037
202212 8.298 125.222 8.576
202303 7.211 127.348 7.328
202306 6.695 128.729 6.731
202309 7.561 129.860 7.535
202312 7.463 129.419 7.463

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.


Skyworks Solutions  (LTS:0L77) 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.


Skyworks Solutions Cyclically Adjusted PS Ratio Related Terms

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


Skyworks Solutions (LTS:0L77) Business Description

Address
5260 California Avenue, Irvine, CA, USA, 92617
Skyworks Solutions produces semiconductors for wireless handsets and other devices that are used to enable wireless connectivity. Its main products include power amplifiers, filters, switches, and integrated front-end modules that support wireless transmissions. Skyworks' customers are mostly large smartphone manufacturers, but the firm also has a growing presence in nonhandset applications such as wireless routers, medical devices, and automobiles.

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