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Logitech International (LTS:0QK6) Cyclically Adjusted PS Ratio : 3.63 (As of Apr. 28, 2024)


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What is Logitech International Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Logitech International's current share price is CHF72.26. Logitech International's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was CHF19.89. Logitech International's Cyclically Adjusted PS Ratio for today is 3.63.

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

LTS:0QK6' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.5   Med: 2.86   Max: 7.99
Current: 3.68

During the past years, Logitech International's highest Cyclically Adjusted PS Ratio was 7.99. The lowest was 0.50. And the median was 2.86.

LTS:0QK6's Cyclically Adjusted PS Ratio is ranked worse than
85.02% of 1889 companies
in the Hardware industry
Industry Median: 1.01 vs LTS:0QK6: 3.68

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.

Logitech International's adjusted revenue per share data for the three months ended in Dec. 2023 was CHF6.896. 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 CHF19.89 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Logitech International Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Logitech International'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.

Logitech International Cyclically Adjusted PS Ratio Chart

Logitech International Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.03 3.12 6.67 4.07 2.81

Logitech International 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 3.11 2.81 2.78 3.25 4.03

Competitive Comparison of Logitech International's Cyclically Adjusted PS Ratio

For the Computer Hardware subindustry, Logitech International'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.


Logitech International's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Logitech International 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.

Logitech International's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=72.26/19.89
=3.63

* 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.

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

For example, Logitech International'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)
=6.896/106.4611*106.4611
=6.896

Current CPI (Dec. 2023) = 106.4611.

Logitech International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.966 101.224 2.068
201406 2.605 101.517 2.732
201409 2.992 101.247 3.146
201412 3.544 100.704 3.747
201503 2.603 100.339 2.762
201506 2.500 100.464 2.649
201509 3.040 99.785 3.243
201512 3.742 99.386 4.008
201603 2.557 99.475 2.737
201606 2.832 100.088 3.012
201609 3.317 99.604 3.545
201612 4.097 99.380 4.389
201703 3.070 100.040 3.267
201706 3.048 100.285 3.236
201709 3.600 100.254 3.823
201712 4.740 100.213 5.036
201803 3.316 100.836 3.501
201806 3.570 101.435 3.747
201809 3.955 101.246 4.159
201812 5.076 100.906 5.355
201903 3.697 101.571 3.875
201906 3.771 102.044 3.934
201909 4.218 101.396 4.429
201912 5.227 101.063 5.506
202003 4.002 101.048 4.216
202006 4.428 100.743 4.679
202009 6.711 100.585 7.103
202012 8.583 100.241 9.116
202103 8.257 100.800 8.721
202106 6.924 101.352 7.273
202109 7.035 101.533 7.376
202112 8.861 101.776 9.269
202203 6.781 103.205 6.995
202206 6.762 104.783 6.870
202209 6.805 104.835 6.911
202212 7.279 104.666 7.404
202303 5.501 106.245 5.512
202306 5.479 106.576 5.473
202309 5.983 106.570 5.977
202312 6.896 106.461 6.896

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.


Logitech International  (LTS:0QK6) 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.


Logitech International Cyclically Adjusted PS Ratio Related Terms

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


Logitech International (LTS:0QK6) Business Description

Address
EPFL - Quartier de l'Innovation, Daniel Borel Innovation Center, Lausanne, CHE, 1015
Logitech was founded in 1981 and is headquartered in Lausanne, Switzerland. The company specializes in designing and manufacturing computer peripherals such as mice, keyboards, webcams, conference room cameras, headsets, and music-related products such as wireless speakers.

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