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Dentsply Sirona (BSP:XRAY34) Cyclically Adjusted PS Ratio : 1.54 (As of Jun. 07, 2024)


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What is Dentsply Sirona Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Dentsply Sirona's current share price is R$167.00. Dentsply Sirona's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$108.58. Dentsply Sirona's Cyclically Adjusted PS Ratio for today is 1.54.

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

BSP:XRAY34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.25   Med: 2.8   Max: 3.62
Current: 1.28

During the past years, Dentsply Sirona's highest Cyclically Adjusted PS Ratio was 3.62. The lowest was 1.25. And the median was 2.80.

BSP:XRAY34's Cyclically Adjusted PS Ratio is ranked better than
65.97% of 476 companies
in the Medical Devices & Instruments industry
Industry Median: 2.16 vs BSP:XRAY34: 1.28

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.

Dentsply Sirona's adjusted revenue per share data for the three months ended in Mar. 2024 was R$22.761. 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$108.58 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dentsply Sirona Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Dentsply Sirona'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.

Dentsply Sirona Cyclically Adjusted PS Ratio Chart

Dentsply Sirona 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 2.86 2.65 2.67 1.48 1.66

Dentsply Sirona 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 1.81 1.85 1.58 1.66 1.54

Competitive Comparison of Dentsply Sirona's Cyclically Adjusted PS Ratio

For the Medical Instruments & Supplies subindustry, Dentsply Sirona'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.


Dentsply Sirona's Cyclically Adjusted PS Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Dentsply Sirona's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Dentsply Sirona 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.

Dentsply Sirona's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=167.00/108.58
=1.54

* 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.

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

For example, Dentsply Sirona'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)
=22.761/131.7762*131.7762
=22.761

Current CPI (Mar. 2024) = 131.7762.

Dentsply Sirona Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 11.869 100.560 15.553
201409 11.474 100.428 15.056
201412 13.200 99.070 17.558
201503 14.438 99.621 19.098
201506 15.263 100.684 19.976
201509 17.786 100.392 23.346
201512 18.277 99.792 24.135
201603 16.015 100.470 21.005
201606 14.738 101.688 19.099
201609 13.137 101.861 16.995
201612 14.271 101.863 18.462
201703 12.036 102.862 15.419
201706 14.260 103.349 18.182
201709 13.562 104.136 17.162
201712 15.712 104.011 19.906
201803 13.637 105.290 17.068
201806 17.450 106.317 21.629
201809 17.052 106.507 21.098
201812 18.490 105.998 22.987
201903 16.151 107.251 19.844
201906 17.244 108.070 21.027
201909 17.623 108.329 21.437
201912 20.417 108.420 24.815
202003 19.332 108.902 23.393
202006 11.648 108.767 14.112
202009 21.753 109.815 26.103
202012 25.323 109.897 30.365
202103 26.292 111.754 31.002
202106 24.197 114.631 27.816
202109 24.899 115.734 28.350
202112 28.520 117.630 31.950
202203 22.140 121.301 24.052
202206 23.984 125.017 25.281
202209 23.107 125.227 24.316
202212 23.960 125.222 25.214
202303 23.748 127.348 24.574
202306 23.414 128.729 23.968
202309 22.082 129.860 22.408
202312 23.624 129.419 24.054
202403 22.761 131.776 22.761

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.


Dentsply Sirona  (BSP:XRAY34) 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.


Dentsply Sirona Cyclically Adjusted PS Ratio Related Terms

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


Dentsply Sirona (BSP:XRAY34) Business Description

Traded in Other Exchanges
Address
13320 Ballantyne Corporate Place, Charlotte, NC, USA, 28277-3607
Dentsply Sirona is one of the world's largest manufacturers of dental equipment and supplies. It is a result of a merger of equals in 2016 between Dentsply International (manufactured dental consumables and lab products) and Sirona Dental Systems (manufactured technologically-advanced dental equipment). The firm's wide portfolio consists of dental consumables, lab products, CAD/CAM and imaging technology, medical devices, and specialty products in orthodontics, endodontics, and implantation. It distributes two-thirds of its dental consumables, technology and equipment through third-party distributors and the remaining portfolio is either sold to labs and offices through the firm's salesforce or directly to consumers (such as Byte clear aligner).

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