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TE Connectivity (BSP:T1EL34) Cyclically Adjusted PS Ratio : 3.52 (As of May. 16, 2024)


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What is TE Connectivity Cyclically Adjusted PS Ratio?

As of today (2024-05-16), TE Connectivity's current share price is R$301.62. TE Connectivity's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$85.71. TE Connectivity's Cyclically Adjusted PS Ratio for today is 3.52.

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

BSP:T1EL34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.73   Med: 3.03   Max: 4.79
Current: 3.62

During the past years, TE Connectivity's highest Cyclically Adjusted PS Ratio was 4.79. The lowest was 1.73. And the median was 3.03.

BSP:T1EL34's Cyclically Adjusted PS Ratio is ranked worse than
83.38% of 1919 companies
in the Hardware industry
Industry Median: 1.06 vs BSP:T1EL34: 3.62

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.

TE Connectivity's adjusted revenue per share data for the three months ended in Mar. 2024 was R$31.863. 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 R$85.71 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


TE Connectivity Cyclically Adjusted PS Ratio Historical Data

The historical data trend for TE Connectivity'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.

TE Connectivity Cyclically Adjusted PS Ratio Chart

TE Connectivity Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.92 2.98 3.97 2.94 3.06

TE Connectivity 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 3.36 3.55 3.06 3.45 3.52

Competitive Comparison of TE Connectivity's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, TE Connectivity'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.


TE Connectivity's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



TE Connectivity 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.

TE Connectivity's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=301.62/85.71
=3.52

* 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.

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

For example, TE Connectivity'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)
=31.863/106.4611*106.4611
=31.863

Current CPI (Mar. 2024) = 106.4611.

TE Connectivity Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 8.264 101.517 8.667
201409 8.612 101.247 9.056
201412 9.752 100.704 10.310
201503 11.721 100.339 12.436
201506 11.775 100.464 12.478
201509 14.379 99.785 15.341
201512 14.095 99.386 15.098
201603 14.832 99.475 15.874
201606 14.798 100.088 15.740
201609 11.145 99.604 11.912
201612 14.308 99.380 15.328
201703 14.056 100.040 14.958
201706 15.497 100.285 16.451
201709 11.153 100.254 11.844
201712 15.614 100.213 16.588
201803 16.497 100.836 17.417
201806 19.182 101.435 20.132
201809 20.596 101.246 21.657
201812 18.892 100.906 19.932
201903 19.271 101.571 20.199
201906 19.273 102.044 20.107
201909 20.170 101.396 21.178
201912 19.292 101.063 20.322
202003 23.370 101.048 24.622
202006 20.030 100.743 21.167
202009 26.762 100.585 28.326
202012 27.207 100.241 28.895
202103 31.533 100.800 33.304
202106 29.031 101.352 30.494
202109 30.263 101.533 31.732
202112 32.713 101.776 34.219
202203 30.490 103.205 31.452
202206 31.914 104.783 32.425
202209 35.714 104.835 36.268
202212 31.579 104.666 32.121
202303 34.069 106.245 34.138
202306 30.607 106.576 30.574
202309 31.732 106.570 31.700
202312 29.986 106.461 29.986
202403 31.863 106.461 31.863

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.


TE Connectivity  (BSP:T1EL34) 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.


TE Connectivity Cyclically Adjusted PS Ratio Related Terms

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


TE Connectivity (BSP:T1EL34) Business Description

Industry
Traded in Other Exchanges
Address
Muhlenstrasse 26, Schaffhausen, CHE, CH-8200
TE Connectivity is the largest electrical connector supplier in the world, supplying interconnect and sensor solutions to the transportation, industrial, and communications markets. With operations in 150 countries and over 500,000 stock-keeping units, TE has a broad portfolio that forms the electrical architecture of its end customers' cutting-edge innovations.

TE Connectivity (BSP:T1EL34) Headlines

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