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NVIDIA (WBO:NVDA) Cyclically Adjusted PS Ratio : 110.68 (As of Apr. 28, 2024)


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What is NVIDIA Cyclically Adjusted PS Ratio?

As of today (2024-04-28), NVIDIA's current share price is €813.50. NVIDIA's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was €7.35. NVIDIA's Cyclically Adjusted PS Ratio for today is 110.68.

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

WBO:NVDA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.27   Med: 21   Max: 117.86
Current: 109.68

During the past years, NVIDIA's highest Cyclically Adjusted PS Ratio was 117.86. The lowest was 2.27. And the median was 21.00.

WBO:NVDA's Cyclically Adjusted PS Ratio is ranked worse than
99.55% of 672 companies
in the Semiconductors industry
Industry Median: 2.24 vs WBO:NVDA: 109.68

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.

NVIDIA's adjusted revenue per share data for the three months ended in Jan. 2024 was €8.136. 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 €7.35 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


NVIDIA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for NVIDIA'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.

NVIDIA Cyclically Adjusted PS Ratio Chart

NVIDIA Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.93 38.76 54.59 34.64 76.91

NVIDIA 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 34.64 46.58 72.00 56.64 76.91

Competitive Comparison of NVIDIA's Cyclically Adjusted PS Ratio

For the Semiconductors subindustry, NVIDIA'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.


NVIDIA's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

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

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



NVIDIA 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=813.50/7.35
=110.68

* 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.

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

For example, NVIDIA'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)
=8.136/129.4194*129.4194
=8.136

Current CPI (Jan. 2024) = 129.4194.

NVIDIA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 0.350 100.023 0.453
201407 0.357 100.520 0.460
201410 0.433 100.176 0.559
201501 0.486 98.604 0.638
201504 0.468 99.824 0.607
201507 0.471 100.691 0.605
201510 0.514 100.346 0.663
201601 0.550 99.957 0.712
201604 0.480 100.947 0.615
201607 0.510 101.524 0.650
201610 0.697 101.988 0.884
201701 0.742 102.456 0.937
201704 0.705 103.167 0.884
201707 0.764 103.278 0.957
201710 0.893 104.070 1.111
201801 0.949 104.578 1.174
201804 1.042 105.708 1.276
201807 1.068 106.324 1.300
201810 1.107 106.695 1.343
201901 0.776 106.200 0.946
201904 0.802 107.818 0.963
201907 0.934 108.250 1.117
201910 1.102 108.577 1.314
202001 1.126 108.841 1.339
202004 1.139 108.173 1.363
202007 1.343 109.318 1.590
202010 1.594 109.861 1.878
202101 1.625 110.364 1.906
202104 1.872 112.673 2.150
202107 2.174 115.183 2.443
202110 2.412 116.696 2.675
202201 2.656 118.619 2.898
202204 3.025 121.978 3.210
202207 2.619 125.002 2.712
202210 2.409 125.734 2.480
202301 2.267 126.223 2.324
202304 2.634 127.992 2.663
202307 4.886 128.974 4.903
202310 6.880 129.810 6.859
202401 8.136 129.419 8.136

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.


NVIDIA  (WBO:NVDA) 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.


NVIDIA Cyclically Adjusted PS Ratio Related Terms

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


NVIDIA (WBO:NVDA) Business Description

Industry
Address
2788 San Tomas Expressway, Santa Clara, CA, USA, 95051
Nvidia is a leading developer of graphics processing units. Traditionally, GPUs were used to enhance the experience on computing platforms, most notably in gaming applications on PCs. GPU use cases have since emerged as important semiconductors used in artificial intelligence. Nvidia not only offers AI GPUs, but also a software platform, Cuda, used for AI model development and training. Nvidia is also expanding its data center networking solutions, helping to tie GPUs together to handle complex workloads.

NVIDIA (WBO:NVDA) Headlines

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