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Skyworks Solutions (BSP:S1SL34) Cyclically Adjusted PS Ratio : 4.42 (As of Apr. 28, 2024)


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What is Skyworks Solutions Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Skyworks Solutions's current share price is R$258.96. Skyworks Solutions's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was R$58.64. Skyworks Solutions's Cyclically Adjusted PS Ratio for today is 4.42.

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

BSP:S1SL34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.38   Med: 7.4   Max: 14.35
Current: 4

During the past years, Skyworks Solutions's highest Cyclically Adjusted PS Ratio was 14.35. The lowest was 3.38. And the median was 7.40.

BSP:S1SL34's Cyclically Adjusted PS Ratio is ranked worse than
70.68% of 672 companies
in the Semiconductors industry
Industry Median: 2.24 vs BSP:S1SL34: 4.00

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.

Skyworks Solutions's adjusted revenue per share data for the three months ended in Dec. 2023 was R$18.283. 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 R$58.64 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Skyworks Solutions Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Skyworks 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.

Skyworks Solutions Cyclically Adjusted PS Ratio Chart

Skyworks Solutions Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.43 9.04 8.59 3.68 3.82

Skyworks Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.85 4.81 4.40 3.82 4.31

Competitive Comparison of Skyworks Solutions's Cyclically Adjusted PS Ratio

For the Semiconductors subindustry, Skyworks 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.


Skyworks Solutions's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

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

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



Skyworks 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=258.96/58.64
=4.42

* 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.

Skyworks Solutions's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Skyworks Solutions's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=18.283/129.4194*129.4194
=18.283

Current CPI (Dec. 2023) = 129.4194.

Skyworks Solutions Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.909 99.695 3.776
201406 3.397 100.560 4.372
201409 4.333 100.428 5.584
201412 5.479 99.070 7.157
201503 6.132 99.621 7.966
201506 6.450 100.684 8.291
201509 8.820 100.392 11.370
201512 9.237 99.792 11.979
201603 7.414 100.470 9.550
201606 6.712 101.688 8.542
201609 7.197 101.861 9.144
201612 8.186 101.863 10.401
201703 7.118 102.862 8.956
201706 7.954 103.349 9.960
201709 8.300 104.136 10.315
201712 9.342 104.011 11.624
201803 8.125 105.290 9.987
201806 9.224 106.317 11.228
201809 11.496 106.507 13.969
201812 10.621 105.998 12.968
201903 8.913 107.251 10.755
201906 8.527 108.070 10.212
201909 9.885 108.329 11.809
201912 10.717 108.420 12.793
202003 10.939 108.902 13.000
202006 11.357 108.767 13.513
202009 15.313 109.815 18.047
202012 23.259 109.897 27.391
202103 19.794 111.754 22.923
202106 16.808 114.631 18.976
202109 20.682 115.734 23.128
202112 25.665 117.630 28.237
202203 20.214 121.301 21.567
202206 19.263 125.017 19.941
202209 22.925 125.227 23.693
202212 21.763 125.222 22.493
202303 18.781 127.348 19.087
202306 16.248 128.729 16.335
202309 18.670 129.860 18.607
202312 18.283 129.419 18.283

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.


Skyworks Solutions  (BSP:S1SL34) 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.


Skyworks Solutions Cyclically Adjusted PS Ratio Related Terms

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


Skyworks Solutions (BSP:S1SL34) Business Description

Traded in Other Exchanges
Address
5260 California Avenue, Irvine, CA, USA, 92617
Skyworks Solutions produces semiconductors for wireless handsets and other devices that are used to enable wireless connectivity. Its main products include power amplifiers, filters, switches, and integrated front-end modules that support wireless transmissions. Skyworks' customers are mostly large smartphone manufacturers, but the firm also has a growing presence in nonhandset applications such as wireless routers, medical devices, and automobiles.

Skyworks Solutions (BSP:S1SL34) Headlines

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