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Microvision (Microvision) Cyclically Adjusted PS Ratio : 7.64 (As of Jun. 08, 2024)


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What is Microvision Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Microvision's current share price is $1.07. Microvision's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $0.14. Microvision's Cyclically Adjusted PS Ratio for today is 7.64.

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

MVIS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.58   Med: 3.38   Max: 102.86
Current: 7.86

During the past years, Microvision's highest Cyclically Adjusted PS Ratio was 102.86. The lowest was 0.58. And the median was 3.38.

MVIS's Cyclically Adjusted PS Ratio is ranked worse than
95.17% of 1924 companies
in the Hardware industry
Industry Median: 1.09 vs MVIS: 7.86

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.

Microvision's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.005. 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 $0.14 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Microvision Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Microvision'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.

Microvision Cyclically Adjusted PS Ratio Chart

Microvision 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 2.72 24.44 26.76 - 19.28

Microvision 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 17.61 31.88 15.55 19.28 13.52

Competitive Comparison of Microvision's Cyclically Adjusted PS Ratio

For the Scientific & Technical Instruments subindustry, Microvision'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.


Microvision's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Microvision 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.07/0.14
=7.64

* 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.

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

For example, Microvision'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)
=0.005/131.7762*131.7762
=0.005

Current CPI (Mar. 2024) = 131.7762.

Microvision Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.014 100.560 0.018
201409 0.022 100.428 0.029
201412 0.015 99.070 0.020
201503 0.020 99.621 0.026
201506 0.087 100.684 0.114
201509 0.051 100.392 0.067
201512 0.039 99.792 0.051
201603 0.078 100.470 0.102
201606 0.081 101.688 0.105
201609 0.077 101.861 0.100
201612 0.051 101.863 0.066
201703 0.008 102.862 0.010
201706 0.019 103.349 0.024
201709 0.072 104.136 0.091
201712 0.029 104.011 0.037
201803 0.028 105.290 0.035
201806 0.025 106.317 0.031
201809 0.124 106.507 0.153
201812 0.019 105.998 0.024
201903 0.018 107.251 0.022
201906 0.012 108.070 0.015
201909 0.010 108.329 0.012
201912 0.038 108.420 0.046
202003 0.012 108.902 0.015
202006 0.004 108.767 0.005
202009 0.004 109.815 0.005
202012 0.003 109.897 0.004
202103 0.003 111.754 0.004
202106 0.005 114.631 0.006
202109 0.004 115.734 0.005
202112 0.003 117.630 0.003
202203 0.002 121.301 0.002
202206 0.002 125.017 0.002
202209 0.000 125.227 0.000
202212 0.000 125.222 0.000
202303 0.004 127.348 0.004
202306 0.002 128.729 0.002
202309 0.006 129.860 0.006
202312 0.027 129.419 0.027
202403 0.005 131.776 0.005

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.


Microvision  (NAS:MVIS) 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.


Microvision Cyclically Adjusted PS Ratio Related Terms

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


Microvision (Microvision) Business Description

Industry
Traded in Other Exchanges
Address
18390 NE 68th Street, Redmond, WA, USA, 98052
Microvision Inc is engaged in developing a lidar sensor to be used in automotive safety and autonomous driving applications. Its lidar sensor uses laser beam scanning (LBS) technology, which is based on systems that include micro-electrical mechanical systems (MEMS), laser diodes, optomechanics, electronics, algorithms, and software. The company has also developed solutions for Augmented Reality, Interactive Displays, and Consumer Lidars.
Executives
Robert Paul Carlile director 1226 ALKI AVE SW, 5200, SEATTLE WA 98116
Judith Mecham Curran director 17883 STONEBROOK CT, NORTHVILLE MI 48168
Mark Bradley Spitzer director 5 MINK TRAP LANE, SHARON MA 02067
Sumit Sharma director, officer: CEO 541 LAKE WASHINGTON BLVD E, SEATTLE WA 98112
Jeffrey A Herbst director 35 ORCHARD HILLS STREET, ATHERTON CA 94027
Drew G Markham officer: VP, General Counsel 6244 185TH AVE NE, STE 100, REDMOND WA 98052
Seval F Oz director 14901 BRONSON AVENUE, SAN JOSE CA 95124
Simon Biddiscombe director C/O MOBILEIRON, INC., 415 EAST MIDDLEFIELD ROAD, MOUNTAIN VIEW CA 94043
Anubhav Verma officer: VP, Chief Financial Officer 6244 185TH AVE NE, STE 100, REDMOND WA 98052
Stephen Patrick Holt officer: Chief Financial Officer C/O MICROVISION, INC., 6222 185TH AVE NE, REDMOND WA 98052
Brian V Turner director P.O. BOX 91123, SEATTLE WA 98111-9223
Perry Mulligan director EMULEX CORPORATION, 3333 SUSAN STREET, COSTA MESA CA 92626
Bernee Dl Strom director, Director 5500 LAKE WASHINGTON BLVD NE, UNIT 3B, KIRKLAND WA 98033
Alexander Y Tokman officer: President and COO C/O MICROVISION, INC., 6222 185TH AVENUE NE, REDMOND WA 98052
David J Westgor officer: VP,General Counsel & Secretary C/O MICROVISION, INC., 6244 185TH AVENUE NE, REDMOND WA 98052