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NVIDIA (NVIDIA) Cyclically Adjusted PS Ratio : 117.24 (As of May. 20, 2024)


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What is NVIDIA Cyclically Adjusted PS Ratio?

As of today (2024-05-20), NVIDIA's current share price is $942.57. NVIDIA's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was $8.04. NVIDIA's Cyclically Adjusted PS Ratio for today is 117.24.

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

NVDA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.29   Med: 21.41   Max: 117.27
Current: 115.05

During the past years, NVIDIA's highest Cyclically Adjusted PS Ratio was 117.27. The lowest was 2.29. And the median was 21.41.

NVDA's Cyclically Adjusted PS Ratio is ranked worse than
99.56% of 684 companies
in the Semiconductors industry
Industry Median: 2.325 vs NVDA: 115.05

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 $8.862. 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 $8.04 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 76.54

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 76.54

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
=942.57/8.04
=117.24

* 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)
=8.862/130.1244*130.1244
=8.862

Current CPI (Jan. 2024) = 130.1244.

NVIDIA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 0.484 100.023 0.630
201407 0.483 100.520 0.625
201410 0.549 100.176 0.713
201501 0.565 98.604 0.746
201504 0.507 99.824 0.661
201507 0.518 100.691 0.669
201510 0.577 100.346 0.748
201601 0.597 99.957 0.777
201604 0.545 100.947 0.703
201607 0.563 101.524 0.722
201610 0.767 101.988 0.979
201701 0.790 102.456 1.003
201704 0.755 103.167 0.952
201707 0.881 103.278 1.110
201710 1.049 104.070 1.312
201801 1.157 104.578 1.440
201804 1.279 105.708 1.574
201807 1.247 106.324 1.526
201810 1.272 106.695 1.551
201901 0.886 106.200 1.086
201904 0.901 107.818 1.087
201907 1.047 108.250 1.259
201910 1.219 108.577 1.461
202001 1.250 108.841 1.494
202004 1.238 108.173 1.489
202007 1.544 109.318 1.838
202010 1.875 109.861 2.221
202101 1.979 110.364 2.333
202104 2.239 112.673 2.586
202107 2.570 115.183 2.903
202110 2.799 116.696 3.121
202201 3.004 118.619 3.295
202204 3.267 121.978 3.485
202207 2.665 125.002 2.774
202210 2.373 125.734 2.456
202301 2.443 126.223 2.519
202304 2.888 127.992 2.936
202307 5.405 128.974 5.453
202310 7.265 129.810 7.283
202401 8.862 130.124 8.862

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  (NAS: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 (NVIDIA) 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.
Executives
Mark A Stevens director 2788 SAN TOMAS EXPRESSWAY, SANTA CLARA CA 95051
Debora Shoquist officer: EVP, Operations C/O NVIDIA CORPORATION, 2788 SAN TOMAS EXPRESSWAY, SANTA CLARA CA 95051
Robertson Donald F Jr officer: Principal Accounting Officer C/O NVIDIA CORPORATION, 2788 SAN TOMAS EXPRESSWAY, SANTA CLARA CA 95051
Dawn E Hudson director 2530 ZANKER ROAD, SAN JOSE CA 95131
John Dabiri director 2788 SAN TOMAS EXPRESSWAY, SANTA CLARA CA 95051
Jen Hsun Huang director, officer: President and CEO 2788 SAN TOMAS EXPRESSWAY, SANTA CLARA CA 95051
Kress Colette officer: Chief Financial Officer & EVP C/O NVIDIA CORPORATION, 2788 SAN TOMAS EXPRESSWAY, SANTA CLARA CA 95051
Melissa Lora director C/O KB HOME, 10990 WILSHIRE BOULEVARD, 7TH FLOOR, LOS ANGELES CA 90024
Tench Coxe director 755 PAGE MILL ROAD, SUITE A-200, PALO ALTO CA 94304
A Brooke Seawell director 2788 SAN TOMAS EXPRESSWAY, C/O NVIDIA CORPORATION, SANTA CLARA CA 94063
Harvey C Jones director 300 RIDGEVIEW DRIVE, PALM BEACH FL 33480
Persis Drell director 943 LATHROP PLACE, STANFORD CA 94305
Mark L Perry director 176 WEST BLITHEDALE AVE, MILL VALLEY CA 94941
Robert K Burgess director MACROMEDIA/ 600 TOWNSEND ST, SAN FRANCISCO CA 94103
Michael G Mccaffery director 2788 SAN TOMAS EXPRESSWAY, SANTA CLARA CA 95051