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Motorola Solutions (BUE:MSI) Cyclically Adjusted PS Ratio : 8.43 (As of Jun. 10, 2024)


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What is Motorola Solutions Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Motorola Solutions's current share price is ARS22588.00. Motorola Solutions's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ARS2,679.53. Motorola Solutions's Cyclically Adjusted PS Ratio for today is 8.43.

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

BUE:MSI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.7   Med: 3.43   Max: 7.43
Current: 7.43

During the past years, Motorola Solutions's highest Cyclically Adjusted PS Ratio was 7.43. The lowest was 0.70. And the median was 3.43.

BUE:MSI's Cyclically Adjusted PS Ratio is ranked worse than
94.64% of 1922 companies
in the Hardware industry
Industry Median: 1.08 vs BUE:MSI: 7.43

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.

Motorola Solutions's adjusted revenue per share data for the three months ended in Mar. 2024 was ARS60,515.109. 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 ARS2,679.53 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Motorola Solutions Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Motorola Solutions'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.

Motorola Solutions Cyclically Adjusted PS Ratio Chart

Motorola Solutions 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 4.91 4.88 6.95 5.82 6.48

Motorola Solutions 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 6.31 6.30 5.71 6.48 7.10

Competitive Comparison of Motorola Solutions's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, Motorola Solutions'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.


Motorola Solutions's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Motorola Solutions 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.

Motorola Solutions's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=22588.00/2679.53
=8.43

* 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.

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

For example, Motorola Solutions'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)
=60515.109/131.7762*131.7762
=60,515.109

Current CPI (Mar. 2024) = 131.7762.

Motorola Solutions Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 220.885 100.560 289.454
201409 243.547 100.428 319.570
201412 340.211 99.070 452.527
201503 247.624 99.621 327.551
201506 296.667 100.684 388.281
201509 332.093 100.392 435.913
201512 606.073 99.792 800.321
201603 492.163 100.470 645.517
201606 571.825 101.688 741.020
201609 673.716 101.861 871.577
201612 875.888 101.863 1,133.106
201703 581.200 102.862 744.572
201706 730.253 103.349 931.116
201709 852.845 104.136 1,079.215
201712 1,153.362 104.011 1,461.245
201803 866.903 105.290 1,084.982
201806 1,278.230 106.317 1,584.324
201809 1,984.929 106.507 2,455.868
201812 2,453.437 105.998 3,050.104
201903 1,854.872 107.251 2,279.038
201906 2,359.538 108.070 2,877.139
201909 3,160.897 108.329 3,845.041
201912 4,050.829 108.420 4,923.468
202003 2,919.974 108.902 3,533.313
202006 3,190.331 108.767 3,865.221
202009 3,996.551 109.815 4,795.800
202012 5,330.742 109.897 6,392.042
202103 4,610.619 111.754 5,436.653
202106 5,393.207 114.631 6,199.840
202109 5,916.785 115.734 6,736.909
202112 6,724.937 117.630 7,533.711
202203 5,867.935 121.301 6,374.673
202206 7,533.827 125.017 7,941.165
202209 9,613.071 125.227 10,115.862
202212 13,200.365 125.222 13,891.303
202303 12,424.133 127.348 12,856.171
202306 16,706.836 128.729 17,102.351
202309 26,047.531 129.860 26,431.987
202312 29,932.742 129.419 30,477.834
202403 60,515.109 131.776 60,515.109

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.


Motorola Solutions  (BUE:MSI) 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.


Motorola Solutions Cyclically Adjusted PS Ratio Related Terms

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


Motorola Solutions (BUE:MSI) Business Description

Industry
Address
500 West Monroe Street, Suite 4400, Chicago, IL, USA, 60661
Motorola Solutions is a leading provider of communications and analytics, primarily serving public safety departments as well as schools, hospitals, and businesses. The bulk of the firm's revenue comes from sales of land mobile radios and radio network infrastructure, but the firm also sells surveillance equipment and dispatch software. Most of Motorola's revenue comes from government agencies, while roughly 25% comes from schools and private businesses. Motorola has customers in over 100 countries and in every state in the United States.