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Hologic (LTS:0J5Q) Cyclically Adjusted PS Ratio : 4.57 (As of May. 22, 2024)


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What is Hologic Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Hologic's current share price is $74.54. Hologic's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $16.31. Hologic's Cyclically Adjusted PS Ratio for today is 4.57.

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

LTS:0J5Q' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.93   Med: 4.74   Max: 7.36
Current: 4.58

During the past years, Hologic's highest Cyclically Adjusted PS Ratio was 7.36. The lowest was 2.93. And the median was 4.74.

LTS:0J5Q's Cyclically Adjusted PS Ratio is ranked worse than
67.58% of 475 companies
in the Medical Devices & Instruments industry
Industry Median: 2.2 vs LTS:0J5Q: 4.58

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.

Hologic's adjusted revenue per share data for the three months ended in Mar. 2024 was $4.284. 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 $16.31 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hologic Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Hologic'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.

Hologic Cyclically Adjusted PS Ratio Chart

Hologic 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 5.03 6.13 5.76 4.34 4.38

Hologic 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 5.25 5.18 4.38 4.49 4.77

Competitive Comparison of Hologic's Cyclically Adjusted PS Ratio

For the Medical Instruments & Supplies subindustry, Hologic'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.


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

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

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



Hologic 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=74.54/16.31
=4.57

* 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.

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

For example, Hologic'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)
=4.284/131.7762*131.7762
=4.284

Current CPI (Mar. 2024) = 131.7762.

Hologic Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.266 100.560 2.969
201409 2.283 100.428 2.996
201412 2.305 99.070 3.066
201503 2.279 99.621 3.015
201506 2.371 100.684 3.103
201509 2.384 100.392 3.129
201512 2.381 99.792 3.144
201603 2.408 100.470 3.158
201606 2.541 101.688 3.293
201609 2.573 101.861 3.329
201612 2.584 101.863 3.343
201703 2.501 102.862 3.204
201706 2.802 103.349 3.573
201709 2.820 104.136 3.569
201712 2.817 104.011 3.569
201803 2.848 105.290 3.564
201806 2.990 106.317 3.706
201809 2.983 106.507 3.691
201812 3.050 105.998 3.792
201903 3.040 107.251 3.735
201906 3.148 108.070 3.839
201909 3.220 108.329 3.917
201912 3.153 108.420 3.832
202003 2.859 108.902 3.460
202006 3.152 108.767 3.819
202009 5.118 109.815 6.142
202012 6.149 109.897 7.373
202103 5.897 111.754 6.954
202106 4.518 114.631 5.194
202109 5.109 115.734 5.817
202112 5.745 117.630 6.436
202203 5.660 121.301 6.149
202206 3.962 125.017 4.176
202209 3.774 125.227 3.971
202212 4.309 125.222 4.535
202303 4.109 127.348 4.252
202306 3.987 128.729 4.081
202309 3.825 129.860 3.881
202312 4.217 129.419 4.294
202403 4.284 131.776 4.284

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.


Hologic  (LTS:0J5Q) 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.


Hologic Cyclically Adjusted PS Ratio Related Terms

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


Hologic (LTS:0J5Q) Business Description

Traded in Other Exchanges
Address
250 Campus Drive, Marlborough, MA, USA, 01752
Hologic manufactures proprietary products for the healthcare needs of women. The company operates in five segments: diagnostics (60% of total sales, boosted by pandemic), breast health (14% of sales, suppressed by pandemic), surgical (11%), and skeletal health (1%). While the company traditionally focused on breast health, the acquisition of Gen-Probe put greater emphasis on commercial diagnostics. The United States accounts for the largest portion of the firm's revenue (69%), followed by Europe (20%), Asia (8%), and other international markets (3%). Hologic is headquartered in Bedford, Massachusetts.

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