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Qorvo (XTER:2QO) Cyclically Adjusted PS Ratio : (As of Apr. 28, 2024)


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What is Qorvo Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Qorvo Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Qorvo'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.

Qorvo Cyclically Adjusted PS Ratio Chart

Qorvo 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 - - - - -

Qorvo 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 - - 3.41 3.13 3.60

Competitive Comparison of Qorvo's Cyclically Adjusted PS Ratio

For the Semiconductors subindustry, Qorvo'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.


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

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

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



Qorvo 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.

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

For example, Qorvo'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)
=10.099/129.4194*129.4194
=10.099

Current CPI (Dec. 2023) = 129.4194.

Qorvo Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.247 99.695 1.619
201406 1.568 100.560 2.018
201409 1.896 100.428 2.443
201412 2.169 99.070 2.833
201503 3.936 99.621 5.113
201506 3.886 100.684 4.995
201509 4.186 100.392 5.396
201512 4.089 99.792 5.303
201603 4.107 100.470 5.290
201606 4.874 101.688 6.203
201609 5.822 101.861 7.397
201612 6.176 101.863 7.847
201703 4.751 102.862 5.978
201706 4.492 103.349 5.625
201709 5.271 104.136 6.551
201712 5.626 104.011 7.000
201803 4.265 105.290 5.242
201806 4.698 106.317 5.719
201809 5.896 106.507 7.164
201812 5.768 105.998 7.043
201903 4.846 107.251 5.848
201906 5.667 108.070 6.787
201909 6.133 108.329 7.327
201912 6.603 108.420 7.882
202003 6.040 108.902 7.178
202006 5.989 108.767 7.126
202009 7.748 109.815 9.131
202012 7.779 109.897 9.161
202103 7.816 111.754 9.051
202106 8.093 114.631 9.137
202109 9.492 115.734 10.614
202112 8.897 117.630 9.789
202203 9.720 121.301 10.371
202206 9.233 125.017 9.558
202209 11.282 125.227 11.660
202212 6.951 125.222 7.184
202303 5.872 127.348 5.968
202306 6.101 128.729 6.134
202309 10.488 129.860 10.452
202312 10.099 129.419 10.099

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.


Qorvo  (XTER:2QO) 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.


Qorvo Cyclically Adjusted PS Ratio Related Terms

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Qorvo (XTER:2QO) Business Description

Industry
Traded in Other Exchanges
Address
7628 Thorndike Road, Greensboro, NC, USA, 27409-9421
Qorvo represents the combined entity of RF Micro Devices and TriQuint Semiconductor, which merged in January 2015. The company specializes in radio frequency filters, power amplifiers, and front-end modules used in many of the world's most advanced smartphones. Qorvo also has a suite of products sold into a variety of nonsmartphone end markets, such as wireless base stations, cable TV and networking equipment, and infrastructure and military applications.

Qorvo (XTER:2QO) Headlines

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