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Dentsply Sirona (WBO:XRAY) Cyclically Adjusted PS Ratio : 1.34 (As of May. 14, 2024)


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What is Dentsply Sirona Cyclically Adjusted PS Ratio?

As of today (2024-05-14), Dentsply Sirona's current share price is €26.26. Dentsply Sirona's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €19.67. Dentsply Sirona's Cyclically Adjusted PS Ratio for today is 1.34.

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

WBO:XRAY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.25   Med: 2.8   Max: 3.62
Current: 1.33

During the past years, Dentsply Sirona's highest Cyclically Adjusted PS Ratio was 3.62. The lowest was 1.25. And the median was 2.80.

WBO:XRAY's Cyclically Adjusted PS Ratio is ranked better than
66.53% of 475 companies
in the Medical Devices & Instruments industry
Industry Median: 2.18 vs WBO:XRAY: 1.33

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.

Dentsply Sirona's adjusted revenue per share data for the three months ended in Mar. 2024 was €4.205. 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 €19.67 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dentsply Sirona Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Dentsply Sirona'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.

Dentsply Sirona Cyclically Adjusted PS Ratio Chart

Dentsply Sirona 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 2.86 2.65 2.67 1.48 1.66

Dentsply Sirona 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 1.81 1.85 1.58 1.66 1.57

Competitive Comparison of Dentsply Sirona's Cyclically Adjusted PS Ratio

For the Medical Instruments & Supplies subindustry, Dentsply Sirona'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.


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

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

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



Dentsply Sirona 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.

Dentsply Sirona's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=26.26/19.67
=1.34

* 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.

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

For example, Dentsply Sirona'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)
=4.205/129.4194*129.4194
=4.205

Current CPI (Mar. 2024) = 129.4194.

Dentsply Sirona Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.907 100.560 5.028
201409 3.808 100.428 4.907
201412 4.052 99.070 5.293
201503 4.247 99.621 5.517
201506 4.370 100.684 5.617
201509 4.060 100.392 5.234
201512 4.323 99.792 5.606
201603 3.889 100.470 5.010
201606 3.831 101.688 4.876
201609 3.598 101.861 4.571
201612 4.034 101.863 5.125
201703 3.598 102.862 4.527
201706 3.851 103.349 4.822
201709 3.632 104.136 4.514
201712 4.029 104.011 5.013
201803 3.373 105.290 4.146
201806 3.961 106.317 4.822
201809 3.557 106.507 4.322
201812 4.185 105.998 5.110
201903 3.722 107.251 4.491
201906 3.958 108.070 4.740
201909 3.884 108.329 4.640
201912 4.477 108.420 5.344
202003 3.581 108.902 4.256
202006 1.994 108.767 2.373
202009 3.420 109.815 4.031
202012 4.046 109.897 4.765
202103 3.919 111.754 4.538
202106 3.994 114.631 4.509
202109 4.009 115.734 4.483
202112 4.463 117.630 4.910
202203 4.040 121.301 4.310
202206 4.495 125.017 4.653
202209 4.451 125.227 4.600
202212 4.312 125.222 4.457
202303 4.259 127.348 4.328
202306 4.453 128.729 4.477
202309 4.190 129.860 4.176
202312 4.421 129.419 4.421
202403 4.205 129.419 4.205

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.


Dentsply Sirona  (WBO:XRAY) 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.


Dentsply Sirona Cyclically Adjusted PS Ratio Related Terms

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


Dentsply Sirona (WBO:XRAY) Business Description

Traded in Other Exchanges
Address
13320 Ballantyne Corporate Place, Charlotte, NC, USA, 28277-3607
Dentsply Sirona is one of the world's largest manufacturers of dental equipment and supplies. It is a result of a merger of equals in 2016 between Dentsply International (manufactured dental consumables and lab products) and Sirona Dental Systems (manufactured technologically-advanced dental equipment). The firm's wide portfolio consists of dental consumables, lab products, CAD/CAM and imaging technology, medical devices, and specialty products in orthodontics, endodontics, and implantation. It distributes two-thirds of its dental consumables, technology and equipment through third-party distributors and the remaining portfolio is either sold to labs and offices through the firm's salesforce or directly to consumers (such as Byte clear aligner).