GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Arrow Electronics Inc (NYSE:ARW) » Definitions » Cyclically Adjusted PS Ratio

Arrow Electronics (Arrow Electronics) Cyclically Adjusted PS Ratio : 0.30 (As of May. 22, 2024)


View and export this data going back to 1979. Start your Free Trial

What is Arrow Electronics Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Arrow Electronics's current share price is $132.01. Arrow Electronics's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $440.21. Arrow Electronics's Cyclically Adjusted PS Ratio for today is 0.30.

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

ARW' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.34   Max: 0.42
Current: 0.3

During the past years, Arrow Electronics's highest Cyclically Adjusted PS Ratio was 0.42. The lowest was 0.18. And the median was 0.34.

ARW's Cyclically Adjusted PS Ratio is ranked better than
82.69% of 1924 companies
in the Hardware industry
Industry Median: 1.07 vs ARW: 0.30

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.

Arrow Electronics's adjusted revenue per share data for the three months ended in Mar. 2024 was $126.321. 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 $440.21 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Arrow Electronics Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Arrow Electronics'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.

Arrow Electronics Cyclically Adjusted PS Ratio Chart

Arrow Electronics 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 0.32 0.34 0.41 0.27 0.29

Arrow Electronics 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 0.31 0.35 0.30 0.29 0.29

Competitive Comparison of Arrow Electronics's Cyclically Adjusted PS Ratio

For the Electronics & Computer Distribution subindustry, Arrow Electronics'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.


Arrow Electronics's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Arrow Electronics 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.

Arrow Electronics's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=132.01/440.21
=0.30

* 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.

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

For example, Arrow Electronics'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)
=126.321/131.7762*131.7762
=126.321

Current CPI (Mar. 2024) = 131.7762.

Arrow Electronics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 56.448 100.560 73.971
201409 56.207 100.428 73.752
201412 65.300 99.070 86.858
201503 51.505 99.621 68.129
201506 60.321 100.684 78.949
201509 59.754 100.392 78.434
201512 71.947 99.792 95.006
201603 58.997 100.470 77.380
201606 64.429 101.688 83.493
201609 64.566 101.861 83.528
201612 67.337 101.863 87.112
201703 63.361 102.862 81.171
201706 71.488 103.349 91.151
201709 76.570 104.136 96.894
201712 84.470 104.011 107.019
201803 77.224 105.290 96.651
201806 83.388 106.317 103.357
201809 84.535 106.507 104.592
201812 90.495 105.998 112.503
201903 82.902 107.251 101.860
201906 86.762 108.070 105.795
201909 84.873 108.329 103.243
201912 90.002 108.420 109.390
202003 78.678 108.902 95.204
202006 83.388 108.767 101.028
202009 92.606 109.815 111.126
202012 110.761 109.897 132.812
202103 110.641 111.754 130.463
202106 114.764 114.631 131.929
202109 117.297 115.734 133.556
202112 127.705 117.630 143.063
202203 131.989 121.301 143.387
202206 141.521 125.017 149.173
202209 142.607 125.227 150.066
202212 152.146 125.222 160.110
202303 146.883 127.348 151.991
202306 148.453 128.729 151.967
202309 142.226 129.860 144.325
202312 142.725 129.419 145.324
202403 126.321 131.776 126.321

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.


Arrow Electronics  (NYSE:ARW) 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.


Arrow Electronics Cyclically Adjusted PS Ratio Related Terms

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


Arrow Electronics (Arrow Electronics) Business Description

Industry
Traded in Other Exchanges
Address
9201 East Dry Creek Road, Centennial, CO, USA, 80112
Arrow Electronics Inc. is a provider of products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions. It has one of the world's broadest portfolios of product offerings available from electronic components and enterprise computing solutions suppliers, coupled with a range of services, solutions, and software, the company helps industrial and commercial customers introduce products, reduce their time to market, and enhance their overall competitiveness. The company has two business segments, the components business and the enterprise computing solutions.
Executives
Richard John Marano officer: President, Global Components 9201 E DRY CREEK ROAD, CENTENNIAL CO 80112
Gail Hamilton director 20330 STEVENS CREEK BLVD., CUPERTINO CA 95014
Kirk Schell officer: President, Global Components 9201 E DRY CREEK ROAD, CENTENNIAL CO 80112
Gretchen Zech officer: SVP, Global Human Resources 9201 E DRY CREEK RD, CENTENNIAL CO 80112
Andrew Charles Kerin director C/O ARAMARK CORPORATION, 1101 MARKET STREET, PHILADELPHIA PA 19107
Mary T Mcdowell director
Michael J Long director, officer: Chairman, President & CEO 9201 EAST DRY CREEK ROAD, CENTENNIAL CO 80112
Kristin Diana Russell officer: President, Global ECS 9201 E. DRY CREEK RD., CENTENNIAL CO 80112
Vincent P Melvin officer: Chief Information Officer ARROW ELECTRONICS, INC., 9201 EAST DRY CREEK ROAD, CENTENNIAL CO 80112
Rajesh K. Agrawal officer: SVP, Chief Financial Officer 9201 E. DRY CREEK RD., CENTENNIAL CO 80112
Carine Lamercie Jean-claude officer: SVP, Chief Legal Officer 9201 E. DRY CREEK RD., CENTENNIAL CO 80112
David Alan West officer: President, Global Components 9201 E. DRY CREEK RD., CENTENNIAL CO 80112
Christopher Stansbury officer: SVP & Chief Financial Officer C/O ARROW ELECTRONICS, INC, 9201 EAST DRY CREEK ROAD, CENTENNIAL CO 80112
Charles Ii Kostalnick officer: Chief Supply Chain Officer 2700 NORTH FIRST STREET, SAN JOSE CA 95134
Carol P Lowe director 4311 BEULAH CHURCH ROAD, WEDDINGTON NC 28104