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Arrow Electronics (STU:ARW) Cyclically Adjusted PS Ratio : 0.29 (As of Jun. 06, 2024)


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What is Arrow Electronics Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Arrow Electronics's current share price is €119.00. Arrow Electronics's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €404.64. Arrow Electronics's Cyclically Adjusted PS Ratio for today is 0.29.

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

STU: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.

STU:ARW's Cyclically Adjusted PS Ratio is ranked better than
83.35% of 1922 companies
in the Hardware industry
Industry Median: 1.1 vs STU: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 €116.215. 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 €404.64 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
=119.00/404.64
=0.29

* 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)
=116.215/131.7762*131.7762
=116.215

Current CPI (Mar. 2024) = 131.7762.

Arrow Electronics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 41.546 100.560 54.443
201409 43.617 100.428 57.232
201412 52.959 99.070 70.443
201503 47.590 99.621 62.951
201506 53.746 100.684 70.343
201509 53.241 100.392 69.885
201512 66.047 99.792 87.215
201603 52.980 100.470 69.488
201606 57.342 101.688 74.309
201609 57.529 101.861 74.424
201612 63.835 101.863 82.581
201703 59.243 102.862 75.896
201706 63.624 103.349 81.124
201709 64.243 104.136 81.295
201712 71.377 104.011 90.431
201803 62.628 105.290 78.383
201806 71.380 106.317 88.473
201809 72.446 106.507 89.634
201812 79.545 105.998 98.890
201903 73.368 107.251 90.146
201906 76.784 108.070 93.628
201909 77.064 108.329 93.744
201912 81.001 108.420 98.450
202003 71.204 108.902 86.160
202006 74.049 108.767 89.714
202009 78.623 109.815 94.346
202012 91.046 109.897 109.172
202103 92.938 111.754 109.589
202106 95.254 114.631 109.501
202109 99.703 115.734 113.523
202112 113.019 117.630 126.611
202203 119.846 121.301 130.196
202206 133.879 125.017 141.118
202209 144.033 125.227 151.566
202212 143.625 125.222 151.143
202303 137.188 127.348 141.959
202306 137.022 128.729 140.266
202309 133.265 129.860 135.232
202312 130.879 129.419 133.262
202403 116.215 131.776 116.215

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  (STU: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 (STU:ARW) 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.