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NVIDIA (UKEX:NVDA) Cyclically Adjusted PS Ratio : 94.74 (As of Jun. 03, 2024)


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What is NVIDIA Cyclically Adjusted PS Ratio?

As of today (2024-06-03), NVIDIA's current share price is ₴33612.00. NVIDIA's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2024 was ₴354.79. NVIDIA's Cyclically Adjusted PS Ratio for today is 94.74.

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

UKEX:NVDA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.29   Med: 21.58   Max: 120.21
Current: 120.17

During the past years, NVIDIA's highest Cyclically Adjusted PS Ratio was 120.21. The lowest was 2.29. And the median was 21.58.

UKEX:NVDA's Cyclically Adjusted PS Ratio is ranked worse than
99.41% of 683 companies
in the Semiconductors industry
Industry Median: 2.31 vs UKEX:NVDA: 120.17

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.

NVIDIA's adjusted revenue per share data for the three months ended in Apr. 2024 was ₴424.087. 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 ₴354.79 for the trailing ten years ended in Apr. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


NVIDIA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for NVIDIA'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.

NVIDIA Cyclically Adjusted PS Ratio Chart

NVIDIA Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.93 38.76 54.59 34.64 76.54

NVIDIA Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 46.58 72.00 56.64 76.54 94.71

Competitive Comparison of NVIDIA's Cyclically Adjusted PS Ratio

For the Semiconductors subindustry, NVIDIA'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.


NVIDIA's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

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

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



NVIDIA 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=33612.00/354.79
=94.74

* 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=424.087/131.7762*131.7762
=424.087

Current CPI (Apr. 2024) = 131.7762.

NVIDIA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201407 19.573 100.520 25.659
201410 22.244 100.176 29.261
201501 22.880 98.604 30.577
201504 20.532 99.824 27.104
201507 21.012 100.691 27.499
201510 23.403 100.346 30.733
201601 24.183 99.957 31.881
201604 22.075 100.947 28.817
201607 22.822 101.524 29.623
201610 31.095 101.988 40.177
201701 32.003 102.456 41.161
201704 30.619 103.167 39.110
201707 35.696 103.278 45.546
201710 42.530 104.070 53.853
201801 46.893 104.578 59.089
201804 51.826 105.708 64.607
201807 50.549 106.324 62.650
201810 51.570 106.695 63.693
201901 35.920 106.200 44.571
201904 36.516 107.818 44.630
201907 42.421 108.250 51.640
201910 49.416 108.577 59.975
202001 50.662 108.841 61.338
202004 50.173 108.173 61.121
202007 62.575 109.318 75.431
202010 76.009 109.861 91.172
202101 80.210 110.364 95.772
202104 90.759 112.673 106.147
202107 104.157 115.183 119.162
202110 113.429 116.696 128.087
202201 121.764 118.619 135.270
202204 132.404 121.978 143.039
202207 107.993 125.002 113.845
202210 96.191 125.734 100.813
202301 99.009 126.223 103.365
202304 117.064 127.992 120.525
202307 219.061 128.974 223.820
202310 294.465 129.810 298.926
202401 359.193 130.124 363.753
202404 424.087 131.776 424.087

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.


NVIDIA  (UKEX:NVDA) 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.


NVIDIA Cyclically Adjusted PS Ratio Related Terms

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


NVIDIA (UKEX:NVDA) Business Description

Industry
Address
2788 San Tomas Expressway, Santa Clara, CA, USA, 95051
Nvidia is a leading developer of graphics processing units. Traditionally, GPUs were used to enhance the experience on computing platforms, most notably in gaming applications on PCs. GPU use cases have since emerged as important semiconductors used in artificial intelligence. Nvidia not only offers AI GPUs, but also a software platform, Cuda, used for AI model development and training. Nvidia is also expanding its data center networking solutions, helping to tie GPUs together to handle complex workloads.