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Analog Devices (Analog Devices) Cyclically Adjusted PS Ratio : 11.35 (As of May. 18, 2024)


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What is Analog Devices Cyclically Adjusted PS Ratio?

As of today (2024-05-18), Analog Devices's current share price is $214.08. Analog Devices's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was $18.86. Analog Devices's Cyclically Adjusted PS Ratio for today is 11.35.

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

ADI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.07   Med: 8.64   Max: 13.14
Current: 11.35

During the past years, Analog Devices's highest Cyclically Adjusted PS Ratio was 13.14. The lowest was 5.07. And the median was 8.64.

ADI's Cyclically Adjusted PS Ratio is ranked worse than
90.94% of 684 companies
in the Semiconductors industry
Industry Median: 2.325 vs ADI: 11.35

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.

Analog Devices's adjusted revenue per share data for the three months ended in Jan. 2024 was $5.038. 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 $18.86 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Analog Devices Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Analog Devices'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.

Analog Devices Cyclically Adjusted PS Ratio Chart

Analog Devices Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.66 9.19 12.08 8.55 8.47

Analog Devices Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 10.01 10.15 10.97 8.47 10.20

Competitive Comparison of Analog Devices's Cyclically Adjusted PS Ratio

For the Semiconductors subindustry, Analog Devices'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.


Analog Devices's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

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

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



Analog Devices 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.

Analog Devices's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=214.08/18.86
=11.35

* 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.

Analog Devices's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Analog Devices's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=5.038/130.1244*130.1244
=5.038

Current CPI (Jan. 2024) = 130.1244.

Analog Devices Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 2.182 100.023 2.839
201407 2.282 100.520 2.954
201410 2.570 100.176 3.338
201501 2.445 98.604 3.227
201504 2.590 99.824 3.376
201507 2.713 100.691 3.506
201510 3.092 100.346 4.010
201601 2.444 99.957 3.182
201604 2.494 100.947 3.215
201607 2.800 101.524 3.589
201610 3.221 101.988 4.110
201701 3.144 102.456 3.993
201704 3.321 103.167 4.189
201707 3.863 103.278 4.867
201710 4.515 104.070 5.645
201801 4.187 104.578 5.210
201804 4.172 105.708 5.136
201807 4.146 106.324 5.074
201810 4.095 106.695 4.994
201901 4.137 106.200 5.069
201904 4.089 107.818 4.935
201907 3.967 108.250 4.769
201910 3.874 108.577 4.643
202001 3.502 108.841 4.187
202004 3.547 108.173 4.267
202007 3.914 109.318 4.659
202010 4.099 109.861 4.855
202101 4.177 110.364 4.925
202104 4.461 112.673 5.152
202107 4.730 115.183 5.344
202110 4.796 116.696 5.348
202201 5.063 118.619 5.554
202204 5.647 121.978 6.024
202207 5.974 125.002 6.219
202210 6.297 125.734 6.517
202301 6.357 126.223 6.553
202304 6.414 127.992 6.521
202307 6.110 128.974 6.164
202310 5.428 129.810 5.441
202401 5.038 130.124 5.038

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.


Analog Devices  (NAS:ADI) 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.


Analog Devices Cyclically Adjusted PS Ratio Related Terms

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


Analog Devices (Analog Devices) Business Description

Address
One Analog Way, Wilmington, MA, USA, 01887
Analog Devices is a leading analog, mixed signal, and digital signal processing chipmaker. The firm has a significant market share lead in converter chips, which are used to translate analog signals to digital and vice versa. The company serves tens of thousands of customers, and more than half of its chip sales are made to industrial and automotive end markets. Analog Devices' chips are also incorporated into wireless infrastructure equipment.
Executives
Vincent Roche officer: V.P., WORLDWIDE SALES
James Champy director C/O PEROT SYSTEMS CORP, 2300 WEST PLANO PKWY, PLANO TX 75075
Vivek Jain officer: SVP, Global Operations 120 SAN GABRIEL DRIVE, SUNNYVALE CA 94086
James Michael Mollica officer: Interim CFO C/O ANALOG DEVICES, INC., ONE ANALOG WAY, WILMINGTON MA 01887
Prashanth Mahendra-rajah officer: SVP, Finance & CFO C/O WABCO HOLDINGS INC., ONE CENTENNIAL AVENUE, PISCATAWAY NJ 08855
Kenton J Sicchitano director ONE TECHNOLOGY WAY, C/O ANALOG DEVICES, INC., NORWOOD MA 02062
Stephen M Jennings director LTX CORPORATION, UNIVERSITY AVE, WESTWOOD MA 02090
Edward H. Frank director C/O FUSION-IO, INC., 2855 E. COTTONWOOD PARKWAY, SUITE 100, SALT LAKE CITY UT 84121
Michael Sondel officer: CAO (principal acct. officer) ONE TECHNOLOGY WAY, NORWOOD MA 02062
Tunc Doluca director
Ray Stata director, officer: CHAIRMAN
Andre' Andonian director ONE ANALOG WAY, WILMINGTON MA 01887
Bruce R Evans director C/O SUMMIT PARTNERS, 222 BERKELEY STREET, 18TH FLOOR, BOSTON MA 02116
Gregory M Bryant officer: Executive Vice President 2200 MISSION COLLEGE BLVD, SANTA CLARA CA 95054
Mercedes Johnson director MICRON TECHNOLOGY, INC, 8000 S FEDERAL WAY, MS 1-557, BOISE ID 83716