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Adeia (ADEA) Cyclically Adjusted PS Ratio : 1.77 (As of May. 26, 2024)


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What is Adeia Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Adeia's current share price is $11.80. Adeia's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $6.65. Adeia's Cyclically Adjusted PS Ratio for today is 1.77.

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

ADEA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.79   Med: 1.67   Max: 3.95
Current: 1.77

During the past years, Adeia's highest Cyclically Adjusted PS Ratio was 3.95. The lowest was 0.79. And the median was 1.67.

ADEA's Cyclically Adjusted PS Ratio is ranked better than
51.21% of 1445 companies
in the Software industry
Industry Median: 1.85 vs ADEA: 1.77

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.

Adeia's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.738. 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 $6.65 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Adeia Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Adeia'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.

Adeia Cyclically Adjusted PS Ratio Chart

Adeia 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 1.36 1.52 1.32 1.45 1.86

Adeia 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 1.33 1.64 1.58 1.86 1.64

Competitive Comparison of Adeia's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, Adeia'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.


Adeia's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



Adeia 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.80/6.65
=1.77

* 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.

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

For example, Adeia'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)
=0.738/131.7762*131.7762
=0.738

Current CPI (Mar. 2024) = 131.7762.

Adeia Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.697 100.560 0.913
201409 1.752 100.428 2.299
201412 1.116 99.070 1.484
201503 1.492 99.621 1.974
201506 1.210 100.684 1.584
201509 1.284 100.392 1.685
201512 1.204 99.792 1.590
201603 1.186 100.470 1.556
201606 1.356 101.688 1.757
201609 1.266 101.861 1.638
201612 1.366 101.863 1.767
201703 1.369 102.862 1.754
201706 1.846 103.349 2.354
201709 1.789 104.136 2.264
201712 2.578 104.011 3.266
201803 1.329 105.290 1.663
201806 1.304 106.317 1.616
201809 1.478 106.507 1.829
201812 4.231 105.998 5.260
201903 1.161 107.251 1.426
201906 1.525 108.070 1.860
201909 1.170 108.329 1.423
201912 1.833 108.420 2.228
202003 2.344 108.902 2.836
202006 1.990 108.767 2.411
202009 1.887 109.815 2.264
202012 0.530 109.897 0.636
202103 2.056 111.754 2.424
202106 2.119 114.631 2.436
202109 2.092 115.734 2.382
202112 -2.379 117.630 -2.665
202203 1.315 121.301 1.429
202206 1.025 125.017 1.080
202209 0.854 125.227 0.899
202212 0.910 125.222 0.958
202303 1.034 127.348 1.070
202306 0.738 128.729 0.755
202309 0.898 129.860 0.911
202312 0.768 129.419 0.782
202403 0.738 131.776 0.738

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.


Adeia  (NAS:ADEA) 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.


Adeia Cyclically Adjusted PS Ratio Related Terms

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


Adeia (ADEA) Business Description

Industry
Traded in Other Exchanges
Address
3025 Orchard Parkway, San Jose, CA, USA, 95134
Adeia Inc is a consumer and entertainment product/solutions licensing company. Its only operating segment being Intellectual Property Licensing (IP). In the IP segment, it primarily license innovations to leading companies in the broader entertainment industry, and those developing new technologies that will help drive this industry forward. It includes Pay-TV, Consumer Electronics, Connected Car, and Media Platform.
Executives
Mark Kokes officer: Chief Licensing Officer, Media C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Phyllis Turner-brim director C/O ADEIA INC., 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Kevin Tanji officer: Chief Legal Officer C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Dana Escobar officer: Chief Licensing Officer, Semi C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Adam Rymer director C/O ADEIA INC., 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Keith A Jones officer: Chief Financial Officer 4453 N FIRST ST, STE 100, SAN JOSE CA 95134
V Sue Molina director C/O DTS, INC., 5220 LAS VIRGENES ROAD, CALABASAS CA 91302
Laura Durr director C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Raghavendra Rau director C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Darcy Antonellis director 3900 DALLAS PKWY, SUITE 500, PLANO TX 75093
Christopher A Seams director C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
David C Habiger director C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Daniel M Moloney director C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE X1 95134
Mayes Tonia Oconnor director C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Geir Skaaden officer: Chief Products & Services Ofc C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134