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Keysight Technologies (Keysight Technologies) Cyclically Adjusted PS Ratio : 5.70 (As of Apr. 28, 2024)


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What is Keysight Technologies Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Keysight Technologies's current share price is $148.55. Keysight Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was $26.06. Keysight Technologies's Cyclically Adjusted PS Ratio for today is 5.70.

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

KEYS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.66   Med: 6.22   Max: 7.53
Current: 5.7

During the past years, Keysight Technologies's highest Cyclically Adjusted PS Ratio was 7.53. The lowest was 4.66. And the median was 6.22.

KEYS's Cyclically Adjusted PS Ratio is ranked worse than
92.11% of 1889 companies
in the Hardware industry
Industry Median: 1.01 vs KEYS: 5.70

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.

Keysight Technologies's adjusted revenue per share data for the three months ended in Jan. 2024 was $7.153. 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 $26.06 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Keysight Technologies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Keysight Technologies'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.

Keysight Technologies Cyclically Adjusted PS Ratio Chart

Keysight Technologies Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 7.15 4.70

Keysight Technologies Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 7.27 5.74 6.29 4.70 5.88

Competitive Comparison of Keysight Technologies's Cyclically Adjusted PS Ratio

For the Scientific & Technical Instruments subindustry, Keysight Technologies'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.


Keysight Technologies's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Keysight Technologies 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.

Keysight Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=148.55/26.06
=5.70

* 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.

Keysight Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=7.153/129.4194*129.4194
=7.153

Current CPI (Jan. 2024) = 129.4194.

Keysight Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 4.454 100.023 5.763
201407 4.538 100.520 5.843
201410 4.563 100.176 5.895
201501 4.124 98.604 5.413
201504 4.327 99.824 5.610
201507 3.866 100.691 4.969
201510 4.386 100.346 5.657
201601 4.192 99.957 5.428
201604 4.250 100.947 5.449
201607 4.157 101.524 5.299
201610 4.366 101.988 5.540
201701 4.197 102.456 5.302
201704 4.207 103.167 5.278
201707 4.473 103.278 5.605
201710 4.670 104.070 5.808
201801 4.429 104.578 5.481
201804 5.211 105.708 6.380
201807 5.257 106.324 6.399
201810 5.482 106.695 6.650
201901 5.295 106.200 6.453
201904 5.707 107.818 6.850
201907 5.691 108.250 6.804
201910 5.864 108.577 6.990
202001 5.733 108.841 6.817
202004 4.735 108.173 5.665
202007 5.321 109.318 6.299
202010 6.524 109.861 7.685
202101 6.277 110.364 7.361
202104 6.529 112.673 7.499
202107 6.699 115.183 7.527
202110 6.920 116.696 7.675
202201 6.793 118.619 7.411
202204 7.383 121.978 7.833
202207 7.602 125.002 7.871
202210 7.929 125.734 8.161
202301 7.672 126.223 7.866
202304 7.765 127.992 7.852
202307 7.721 128.974 7.748
202310 7.324 129.810 7.302
202401 7.153 129.419 7.153

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.


Keysight Technologies  (NYSE:KEYS) 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.


Keysight Technologies Cyclically Adjusted PS Ratio Related Terms

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


Keysight Technologies (Keysight Technologies) Business Description

Traded in Other Exchanges
Address
1400 Fountaingrove Parkway, Santa Rosa, CA, USA, 95403-1738
Keysight Technologies is a leader in the field of testing and measurement, helping electronics OEMs and suppliers alike bring products to market to fit industry standards and specifications. Keysight specializes in the communications market, but also supplies into the government, automotive, industrial, and semiconductor manufacturing markets. Keysight's solutions include testing tools, analytical software, and services. The firm's stated objective is to reduce time to market and improve efficiency at its more than 30,000 customers.
Executives
Ronald S. Nersesian director, officer: CEO 5301 STEVENS CREEK BLVD., MS 1A-LC, SANTA CLARA CA 95051
Kailash Narayanan officer: SVP 1400 FOUNTAINGROVE PARKWAY, SANTA ROSA CA 95403
Neil Dougherty officer: SVP & CFO 1400 FOUNTAINGROVE PARKWAY, SANTA ROSA CA 95403
Huei Sin Ee officer: SVP 1400 FOUNTAINGROVE PARKWAY, SANTA ROSA CA 95403
John Page officer: SVP 1400 FOUNTAINGROVE PARKWAY, SANTA ROSA CA 95403
Jeffrey K Li officer: SVP and Secretary 1400 FOUNTAINGROVE PKWY, SANTA ROSA CA 95403
Soon Chai Gooi officer: SVP 5301 STEVENS CREEK BLVD., SANTA CLARA CA 95051
James Cullen director 5301 STEVENS CREEK BLVD, MS 1A-LC, SANTA CLARA CA 95051
Satish Dhanasekaran officer: SVP 1400 FOUNTAINGROVE PARKWAY, SANTA ROSA CA 95403
Lisa M. Poole officer: VP and Controller 1400 FOUNTAINGROVE PARKWAY, SANTA ROSA CA 95403
Richard P Hamada director 2211 S 47TH ST, PHOENIX AZ 85034
Kevin A Stephens director 1220 AUGUSTA DRIVE, SUITE 600, HOUSTON TX 77057
Charles J Dockendorff director COVIDIEN LTD., 15 HAMPSHIRE STREET, MANSFIELD MA 02048
Ingrid A Estrada officer: SVP 1400 FOUNTAINGROVE PARKWAY, SANTA ROSA CA 95403
John C. Skinner officer: VP & Controller 1400 FOUNTAINGROVE PARKWAY, SANTA ROSA CA 95403