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Knowles (Knowles) Cyclically Adjusted PS Ratio : 1.53 (As of Apr. 27, 2024)


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What is Knowles Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Knowles's current share price is $16.03. Knowles's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $10.46. Knowles's Cyclically Adjusted PS Ratio for today is 1.53.

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

KN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.06   Med: 1.49   Max: 1.76
Current: 1.52

During the past years, Knowles's highest Cyclically Adjusted PS Ratio was 1.76. The lowest was 1.06. And the median was 1.49.

KN's Cyclically Adjusted PS Ratio is ranked worse than
62.41% of 1889 companies
in the Hardware industry
Industry Median: 1.01 vs KN: 1.52

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.

Knowles's adjusted revenue per share data for the three months ended in Dec. 2023 was $2.373. 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 $10.46 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Knowles Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Knowles'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.

Knowles Cyclically Adjusted PS Ratio Chart

Knowles 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 - - - 1.47 1.71

Knowles 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 1.47 1.53 1.65 1.38 1.71

Competitive Comparison of Knowles's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, Knowles'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.


Knowles's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Knowles 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=16.03/10.46
=1.53

* 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.

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

For example, Knowles'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)
=2.373/129.4194*129.4194
=2.373

Current CPI (Dec. 2023) = 129.4194.

Knowles Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.212 99.695 4.170
201406 3.304 100.560 4.252
201409 3.537 100.428 4.558
201412 0.694 99.070 0.907
201503 2.188 99.621 2.842
201506 2.260 100.684 2.905
201509 2.784 100.392 3.589
201512 1.437 99.792 1.864
201603 2.093 100.470 2.696
201606 2.147 101.688 2.733
201609 2.722 101.861 3.458
201612 1.527 101.863 1.940
201703 1.892 102.862 2.380
201706 1.840 103.349 2.304
201709 2.169 104.136 2.696
201712 2.289 104.011 2.848
201803 1.990 105.290 2.446
201806 2.076 106.317 2.527
201809 2.619 106.507 3.182
201812 2.360 105.998 2.881
201903 1.986 107.251 2.397
201906 2.218 108.070 2.656
201909 2.513 108.329 3.002
201912 2.446 108.420 2.920
202003 1.777 108.902 2.112
202006 1.662 108.767 1.978
202009 2.226 109.815 2.623
202012 2.521 109.897 2.969
202103 2.116 111.754 2.450
202106 2.105 114.631 2.377
202109 2.476 115.734 2.769
202112 2.482 117.630 2.731
202203 2.136 121.301 2.279
202206 2.043 125.017 2.115
202209 1.937 125.227 2.002
202212 2.164 125.222 2.237
202303 1.579 127.348 1.605
202306 1.885 128.729 1.895
202309 1.916 129.860 1.910
202312 2.373 129.419 2.373

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.


Knowles  (NYSE:KN) 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.


Knowles Cyclically Adjusted PS Ratio Related Terms

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


Knowles (Knowles) Business Description

Industry
Traded in Other Exchanges
Address
1151 Maplewood Drive, Itasca, IL, USA, 60143
Knowles Corp is engaged in the manufacturing of micro-acoustic microphones and balanced armature speakers, audio solutions, high-performance capacitors, and radio frequency filtering products. It operates in three segments; the Precision Devices segment specializes in the design and delivery of high-performance capacitor products and RF solutions, Medtech & Specialty Audio segment designs and manufactures microphones and balanced armature speakers used in applications and the Consumer MEMS Microphones segment designs and manufactures micro-electro-mechanical systems microphones and audio solutions used in applications. The majority of its revenue comes from the Consumer MEMS Microphones segment.
Executives
Raymond D. Cabrera officer: Senior VP, HR & CAO KNOWLES CORPORATION, 1151 MAPLEWOOD DRIVE, ITASCA IL 60143
Erania Brackett director C/O DENTSPLY SIRONA INC, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Daniel J Crowley director 870 WINTER STREET, WALTHAM MA 02451
Jeffrey Niew director, officer: President & CEO KNOWLES CORPORATION, 1151 MAPLEWOOD DRIVE, ITASCA IL 60143
Cheryl L Shavers director 400 COLLINS ROAD NE, M/S 124-323, CEDAR RAPIDS IA 52498
John S. Anderson officer: Senior VP & CFO KNOWLES CORPORATION, 1151 MAPLEWOOD DRIVE, ITASCA IL 60143
Daniel J. Giesecke officer: Senior VP & COO KNOWLES CORPORATION, 1151 MAPLEWOOD DRIVE, ITASCA IL 60143
Bastarrica Air A. Jr. officer: Vice President & Controller 1151 MAPLEWOOD DR, ITASCA IL 60143-2071
Donald Macleod director
Michael S Wishart director SPANSION INC., 915 DEGUIGNE DRIVE, SUNNYVALE CA 94085-3836
Ronald Steven Jankov director 3875 FREEDOM CIRCLE, SUITE 900, SANTA CLARA CA 95054
Didier Hirsch director 5301 STEVENS CREEK BOULEVARD, SANTA CLARA CA 95051
Christian Scherp officer: Co-President, MCE KNOWLES CORPORATION, 1151 MAPLEWOOD DRIVE, ITASCA IL 60143
Ye Jane Li director 200 FLYNN ROAD, CAMARILLO CA 93012-8790
Michael S. Polacek officer: President, Intelligent Audio KNOWLES CORPORATION, 1151 MAPLEWOOD DRIVE, ITASCA IL 60143