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Masimo (MEX:MASI) Cyclically Adjusted PS Ratio : 5.44 (As of Jun. 23, 2024)


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What is Masimo Cyclically Adjusted PS Ratio?

As of today (2024-06-23), Masimo's current share price is MXN1940.00. Masimo's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was MXN356.66. Masimo's Cyclically Adjusted PS Ratio for today is 5.44.

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

MEX:MASI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.31   Med: 8.85   Max: 20.97
Current: 5.55

During the past years, Masimo's highest Cyclically Adjusted PS Ratio was 20.97. The lowest was 2.31. And the median was 8.85.

MEX:MASI's Cyclically Adjusted PS Ratio is ranked worse than
74.95% of 479 companies
in the Medical Devices & Instruments industry
Industry Median: 2.12 vs MEX:MASI: 5.55

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.

Masimo's adjusted revenue per share data for the three months ended in Mar. 2024 was MXN150.897. 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 MXN356.66 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Masimo Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Masimo'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.

Masimo Cyclically Adjusted PS Ratio Chart

Masimo 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 12.98 19.83 18.54 7.61 5.17

Masimo 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 9.00 7.74 3.98 5.17 6.21

Competitive Comparison of Masimo's Cyclically Adjusted PS Ratio

For the Medical Devices subindustry, Masimo'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.


Masimo's Cyclically Adjusted PS Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Masimo's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Masimo 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.

Masimo's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1940.00/356.66
=5.44

* 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.

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

For example, Masimo'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)
=150.897/131.7762*131.7762
=150.897

Current CPI (Mar. 2024) = 131.7762.

Masimo Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 32.168 100.560 42.154
201409 35.429 100.428 46.488
201412 44.906 99.070 59.731
201503 43.657 99.621 57.748
201506 45.522 100.684 59.580
201509 48.024 100.392 63.037
201512 54.279 99.792 71.676
201603 56.718 100.470 74.391
201606 60.578 101.688 78.502
201609 60.507 101.861 78.277
201612 76.541 101.863 99.018
201703 66.679 102.862 85.422
201706 61.882 103.349 78.903
201709 62.481 104.136 79.065
201712 73.457 104.011 93.066
201803 69.714 105.290 87.251
201806 74.598 106.317 92.462
201809 70.042 106.507 86.660
201812 77.501 105.998 96.349
201903 84.454 107.251 103.767
201906 77.303 108.070 94.261
201909 78.955 108.329 96.044
201912 81.559 108.420 99.129
202003 109.788 108.902 132.849
202006 119.350 108.767 144.598
202009 105.418 109.815 126.500
202012 101.351 109.897 121.529
202103 105.572 111.754 124.486
202106 105.807 114.631 121.632
202109 109.545 115.734 124.729
202112 116.471 117.630 130.478
202203 105.706 121.301 114.834
202206 205.655 125.017 216.774
202209 204.236 125.227 214.918
202212 222.760 125.222 234.420
202303 187.208 127.348 193.718
202306 143.486 128.729 146.883
202309 154.766 129.860 157.050
202312 173.182 129.419 176.336
202403 150.897 131.776 150.897

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.


Masimo  (MEX:MASI) 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.


Masimo Cyclically Adjusted PS Ratio Related Terms

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


Masimo (MEX:MASI) Business Description

Traded in Other Exchanges
Address
52 Discovery, Irvine, CA, USA, 92618
Masimo Corp is a global technology company. The company's segment includes healthcare and non-healthcare. The healthcare business segment is a key revenue driver, develops, manufactures, and markets a variety of noninvasive patient monitoring technologies, hospital automation and connectivity solutions, remote monitoring devices and consumer health products. Its non-healthcare segment includes consumer audio business develops, manufactures, markets sells and licenses premium and luxury audio sound products and related integration technologies.

Masimo (MEX:MASI) Headlines

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