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ON Semiconductor (XTER:XS4) Cyclically Adjusted PS Ratio : 4.56 (As of Jun. 19, 2024)


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What is ON Semiconductor Cyclically Adjusted PS Ratio?

As of today (2024-06-19), ON Semiconductor's current share price is €65.98. ON Semiconductor's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €14.48. ON Semiconductor's Cyclically Adjusted PS Ratio for today is 4.56.

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

XTER:XS4' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.12   Med: 2.25   Max: 7.3
Current: 4.56

During the past years, ON Semiconductor's highest Cyclically Adjusted PS Ratio was 7.30. The lowest was 1.12. And the median was 2.25.

XTER:XS4's Cyclically Adjusted PS Ratio is ranked worse than
72.75% of 679 companies
in the Semiconductors industry
Industry Median: 2.3 vs XTER:XS4: 4.56

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.

ON Semiconductor's adjusted revenue per share data for the three months ended in Mar. 2024 was €3.926. 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 €14.48 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ON Semiconductor Cyclically Adjusted PS Ratio Historical Data

The historical data trend for ON Semiconductor'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.

ON Semiconductor Cyclically Adjusted PS Ratio Chart

ON Semiconductor 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 2.55 3.16 5.81 4.62 5.57

ON Semiconductor 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 5.89 6.57 6.28 5.57 4.75

Competitive Comparison of ON Semiconductor's Cyclically Adjusted PS Ratio

For the Semiconductors subindustry, ON Semiconductor'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.


ON Semiconductor's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

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

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



ON Semiconductor 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.

ON Semiconductor's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=65.98/14.48
=4.56

* 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.

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

For example, ON Semiconductor'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)
=3.926/131.7762*131.7762
=3.926

Current CPI (Mar. 2024) = 131.7762.

ON Semiconductor Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.254 100.560 1.643
201409 1.454 100.428 1.908
201412 1.592 99.070 2.118
201503 1.829 99.621 2.419
201506 1.798 100.684 2.353
201509 1.930 100.392 2.533
201512 1.849 99.792 2.442
201603 1.766 100.470 2.316
201606 1.871 101.688 2.425
201609 2.018 101.861 2.611
201612 2.798 101.863 3.620
201703 3.155 102.862 4.042
201706 2.796 103.349 3.565
201709 2.730 104.136 3.455
201712 2.684 104.011 3.400
201803 2.515 105.290 3.148
201806 2.805 106.317 3.477
201809 3.035 106.507 3.755
201812 3.146 105.998 3.911
201903 2.938 107.251 3.610
201906 2.855 108.070 3.481
201909 3.057 108.329 3.719
201912 3.018 108.420 3.668
202003 2.817 108.902 3.409
202006 2.628 108.767 3.184
202009 2.674 109.815 3.209
202012 2.752 109.897 3.300
202103 2.794 111.754 3.295
202106 3.124 114.631 3.591
202109 3.360 115.734 3.826
202112 3.664 117.630 4.105
202203 3.934 121.301 4.274
202206 4.413 125.017 4.652
202209 4.935 125.227 5.193
202212 4.434 125.222 4.666
202303 4.081 127.348 4.223
202306 4.308 128.729 4.410
202309 4.534 129.860 4.601
202312 4.213 129.419 4.290
202403 3.926 131.776 3.926

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.


ON Semiconductor  (XTER:XS4) 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.


ON Semiconductor Cyclically Adjusted PS Ratio Related Terms

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


ON Semiconductor (XTER:XS4) Business Description

Traded in Other Exchanges
Address
5005 East McDowell Road, Phoenix, AZ, USA, 85008
Onsemi is a supplier of power semiconductors and sensors focused on the automotive and industrial markets. Onsemi is the second-largest power chipmaker in the world and the largest supplier of image sensors to the automotive market. While the firm used to be highly vertically integrated, it now pursues a hybrid manufacturing strategy for flexible capacity. Onsemi is pivoting to focus on emerging applications like electric vehicles, autonomous vehicles, industrial automation, and renewable energy.

ON Semiconductor (XTER:XS4) Headlines

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