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Melexis NV (XBRU:MELE) Cyclically Adjusted PS Ratio : 4.85 (As of Apr. 27, 2024)


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What is Melexis NV Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Melexis NV's current share price is €80.95. Melexis NV's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €16.68. Melexis NV's Cyclically Adjusted PS Ratio for today is 4.85.

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

XBRU:MELE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.27   Med: 6.96   Max: 11.46
Current: 4.89

During the past years, Melexis NV's highest Cyclically Adjusted PS Ratio was 11.46. The lowest was 4.27. And the median was 6.96.

XBRU:MELE's Cyclically Adjusted PS Ratio is ranked worse than
75.6% of 672 companies
in the Semiconductors industry
Industry Median: 2.24 vs XBRU:MELE: 4.89

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.

Melexis NV's adjusted revenue per share data for the three months ended in Mar. 2024 was €5.983. 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 €16.68 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Melexis NV Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Melexis NV'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.

Melexis NV Cyclically Adjusted PS Ratio Chart

Melexis NV 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 6.91 7.68 8.74 5.55 5.59

Melexis NV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 7.11 5.89 5.17 5.59 4.51

Competitive Comparison of Melexis NV's Cyclically Adjusted PS Ratio

For the Semiconductors subindustry, Melexis NV'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.


Melexis NV's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

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

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



Melexis NV 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.

Melexis NV's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=80.95/16.68
=4.85

* 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.

Melexis NV's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Melexis NV's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=5.983/128.2922*128.2922
=5.983

Current CPI (Mar. 2024) = 128.2922.

Melexis NV Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.013 99.482 2.596
201409 2.143 99.195 2.772
201412 2.193 99.086 2.839
201503 2.331 99.423 3.008
201506 2.534 100.107 3.247
201509 2.516 100.245 3.220
201512 2.512 100.572 3.204
201603 2.731 101.653 3.447
201606 2.767 102.267 3.471
201609 2.818 102.118 3.540
201612 2.965 102.614 3.707
201703 3.060 103.972 3.776
201706 3.165 103.902 3.908
201709 3.165 104.170 3.898
201712 3.275 104.804 4.009
201803 3.436 105.419 4.182
201806 3.529 106.063 4.269
201809 3.606 106.618 4.339
201812 3.484 107.252 4.167
201903 2.924 107.876 3.477
201906 2.925 107.896 3.478
201909 3.049 107.470 3.640
201912 3.141 108.065 3.729
202003 3.403 108.550 4.022
202006 2.484 108.540 2.936
202009 3.018 108.441 3.570
202012 3.622 108.511 4.282
202103 3.868 109.522 4.531
202106 3.942 110.305 4.585
202109 4.010 111.543 4.612
202112 4.115 114.705 4.602
202203 4.543 118.620 4.913
202206 5.168 120.948 5.482
202209 5.453 124.120 5.636
202212 5.535 126.578 5.610
202303 5.657 126.528 5.736
202306 5.837 125.973 5.944
202309 6.168 127.083 6.227
202312 6.200 128.292 6.200
202403 5.983 128.292 5.983

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.


Melexis NV  (XBRU:MELE) 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.


Melexis NV Cyclically Adjusted PS Ratio Related Terms

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


Melexis NV (XBRU:MELE) Business Description

Industry
Traded in Other Exchanges
Address
Rozendaalstraat 12, Ieper, BEL, 8900
Melexis designs sensor integrated circuits, which are a type of analog/mixed-signal chip, for the automobile industry. Its chips measure variables like positioning, temperature, electrical current, and pressure and convert real-world signals into digital signals to control car functionalities like the powertrain, rotation, safety systems, and pumps and fans, among many others.

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