Cisco Systems (MIC:CSCO-RM) Cyclically Adjusted PS Ratio: (As of Jul. 27, 2026)

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What is Cisco Systems Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cisco Systems  (MIC:CSCO-RM) 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.


Cisco Systems Cyclically Adjusted PS Ratio Related Terms


Cisco Systems Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Cisco Systems'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.

Cisco Systems Cyclically Adjusted PS Ratio Chart

Cisco Systems Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.95 3.69 4.03 3.61 4.89

Cisco Systems Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 4.18 4.89 5.21 5.55 6.30

MIC:CSCO-RM vs MSI, HPE, LITE: Cyclically Adjusted PS Ratio Comparison

For the Communication Equipment subindustry, Cisco Systems'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.


Cisco Systems Cyclically Adjusted PS Ratio vs Hardware Industry

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

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



Cisco Systems 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.

Cisco Systems's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 is calculated as:

For example, Cisco Systems's adjusted Revenue per Share data for the three months ended in Apr. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=297.35/333.0200*333.0200
=297.350

Current CPI (Apr. 2026) = 333.0200.

Cisco Systems Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 166.070 240.628 229.835
201610 153.710 241.729 211.760
201701 137.210 242.839 188.164
201704 134.836 244.524 183.635
201707 143.528 244.786 195.263
201710 140.704 246.663 189.965
201801 135.956 247.867 182.663
201804 160.342 250.546 213.123
201807 164.806 252.006 217.787
201810 185.490 252.885 244.269
201901 180.721 251.712 239.097
201904 189.107 255.548 246.437
201907 198.963 256.571 258.247
201910 196.325 257.346 254.055
202001 178.091 257.971 229.901
202004 206.350 256.389 268.025
202007 210.078 259.101 270.011
202010 221.598 260.388 283.410
202101 215.152 261.582 273.910
202104 225.757 267.054 281.522
202107 226.195 273.003 275.922
202110 221.383 276.589 266.551
202201 226.687 281.148 268.511
202204 253.970 289.109 292.544
202207 174.210 296.276 195.815
202210 195.654 298.012 218.638
202301 244.250 299.170 271.886
202304 262.225 303.363 287.860
202307 330.322 305.691 359.853
202310 346.247 307.671 374.774
202401 280.601 308.417 302.985
202404 288.648 313.548 306.574
202407 295.368 314.540 312.722
202410 322.934 315.664 340.690
202501 344.082 317.671 360.707
202504 289.895 320.795 300.942
202507 299.538 323.048 308.784
202510 297.986 0.000
202601 294.265 325.252 301.293
202604 297.350 333.020 297.350

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.


Cisco Systems Business Description

Address 170 West Tasman Drive, San Jose, CA, USA, 95134-1706
Cisco Systems is the largest provider of networking equipment in the world and one of the largest software companies in the world. Its largest businesses are selling networking hardware and software (where it has leading market shares) and cybersecurity software such as firewalls. It also has collaboration products, like its Webex suite, and observability tools. It primarily outsources its manufacturing to third parties and has a large sales and marketing staff—25,000 strong across 90 countries. Overall, Cisco employs 80,000 people and sells its products globally.