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MSI (Motorola Solutions) Cyclically Adjusted PS Ratio : 9.01 (As of Dec. 16, 2024)


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What is Motorola Solutions Cyclically Adjusted PS Ratio?

As of today (2024-12-16), Motorola Solutions's current share price is $469.79. Motorola Solutions's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was $52.14. Motorola Solutions's Cyclically Adjusted PS Ratio for today is 9.01.

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

MSI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.88   Med: 4.69   Max: 9.68
Current: 9.01

During the past years, Motorola Solutions's highest Cyclically Adjusted PS Ratio was 9.68. The lowest was 0.88. And the median was 4.69.

MSI's Cyclically Adjusted PS Ratio is ranked worse than
93.44% of 1616 companies
in the Hardware industry
Industry Median: 1.315 vs MSI: 9.01

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.

Motorola Solutions's adjusted revenue per share data for the three months ended in Sep. 2024 was $16.325. 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 $52.14 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Motorola Solutions Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Motorola 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.

Motorola Solutions Cyclically Adjusted PS Ratio Chart

Motorola Solutions 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 4.91 4.88 6.95 5.82 6.48

Motorola Solutions Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 5.71 6.48 7.10 7.56 8.62

Competitive Comparison of Motorola Solutions's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, Motorola 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.


Motorola Solutions's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Motorola 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=469.79/52.14
=9.01

* 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.

Motorola Solutions's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Motorola Solutions's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=16.325/133.0289*133.0289
=16.325

Current CPI (Sep. 2024) = 133.0289.

Motorola Solutions Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 7.957 99.070 10.685
201503 5.615 99.621 7.498
201506 6.530 100.684 8.628
201509 7.064 100.392 9.361
201512 9.365 99.792 12.484
201603 6.740 100.470 8.924
201606 8.181 101.688 10.702
201609 9.033 101.861 11.797
201612 11.050 101.863 14.431
201703 7.540 102.862 9.751
201706 8.858 103.349 11.402
201709 9.734 104.136 12.435
201712 12.080 104.011 15.450
201803 8.605 105.290 10.872
201806 10.250 106.317 12.825
201809 10.788 106.507 13.474
201812 13.014 105.998 16.333
201903 9.490 107.251 11.771
201906 10.562 108.070 13.001
201909 11.304 108.329 13.881
201912 13.554 108.420 16.630
202003 9.409 108.902 11.494
202006 9.320 108.767 11.399
202009 10.767 109.815 13.043
202012 13.101 109.897 15.859
202103 10.237 111.754 12.186
202106 11.386 114.631 13.213
202109 12.102 115.734 13.910
202112 13.318 117.630 15.062
202203 10.930 121.301 11.987
202206 12.522 125.017 13.325
202209 13.837 125.227 14.699
202212 15.748 125.222 16.730
202303 12.578 127.348 13.139
202306 13.922 128.729 14.387
202309 14.886 129.860 15.249
202312 16.583 129.419 17.045
202403 14.366 131.776 14.503
202406 15.432 132.554 15.487
202409 16.325 133.029 16.325

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.


Motorola Solutions  (NYSE:MSI) 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.


Motorola Solutions Cyclically Adjusted PS Ratio Related Terms

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


Motorola Solutions Business Description

Address
500 West Monroe Street, Suite 4400, Chicago, IL, USA, 60661
Motorola Solutions is a leading provider of communications and analytics, primarily serving public safety departments as well as schools, hospitals, and businesses. The bulk of the firm's revenue comes from sales of land mobile radios and radio network infrastructure, but the firm also sells surveillance equipment and dispatch software. Most of Motorola's revenue comes from government agencies, while roughly 25% comes from schools and private businesses. Motorola has customers in over 100 countries and in every state in the United States.
Executives
Gregory Q Brown director, officer: Chairman and CEO 500 WEST MONROE ST., CHICAGO IL 60661
Judy C Lewent director PO BOX 100, WHITEHOUSE STATION NJ 08889
Cynthia Yazdi officer: SVP, Communications & Brand 500 WEST MONROE STREET, CHICAGO IL 60661
Jason J Winkler officer: EVP and CFO 500 WEST MONROE STREET, CHICAGO IL 60661
James A Niewiara officer: SVP, GENERAL COUNSEL MOTOROLA SOLUTIONS, INC., 500 WEST MONROE ST., CHICAGO IL 60661
John P Molloy officer: EVP and COO 500 WEST MONROE ST., CHICAGO IL 60661
Rajan Naik officer: SVP, Strategy & Ventures 500 WEST MONROE STREET, CHICAGO IL 60661
Kenneth D Denman director
Karen E Dunning officer: SVP, Human Resources MOTOROLA SOLUTIONS, INC., 500 WEST MONROE ST., CHICAGO IL 60661
Katherine A Maher officer: CVP and CAO 500 WEST MONROE ST., CHICAGO IL 60661
Mark S. Hacker officer: EVP, GC & Chief Admin Officer 500 WEST MONROE ST., CHICAGO IL 60661
Joseph M Tucci director EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
Clayton M Jones director 400 COLLINS ROAD NE, CEDAR RAPIDS IA 52498
Ayanna Howard director 111 MCINNIS PARKWAY, SAN RAFAEL CA 94903
Mahesh Saptharishi officer: EVP and CTO 500 WEST MONROE ST., CHICAGO IL 60661