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Koninklijke Philips NV (MIL:1PHIA) Cyclically Adjusted PS Ratio : 1.21 (As of May. 17, 2024)


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What is Koninklijke Philips NV Cyclically Adjusted PS Ratio?

As of today (2024-05-17), Koninklijke Philips NV's current share price is €25.91. Koninklijke Philips NV's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €21.36. Koninklijke Philips NV's Cyclically Adjusted PS Ratio for today is 1.21.

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

MIL:1PHIA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.5   Med: 1.07   Max: 2.23
Current: 1.19

During the past years, Koninklijke Philips NV's highest Cyclically Adjusted PS Ratio was 2.23. The lowest was 0.50. And the median was 1.07.

MIL:1PHIA's Cyclically Adjusted PS Ratio is ranked better than
70.4% of 473 companies
in the Medical Devices & Instruments industry
Industry Median: 2.19 vs MIL:1PHIA: 1.19

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.

Koninklijke Philips NV's adjusted revenue per share data for the three months ended in Mar. 2024 was €4.416. 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 €21.36 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Koninklijke Philips NV Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Koninklijke Philips NV'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.

Koninklijke Philips NV Cyclically Adjusted PS Ratio Chart

Koninklijke Philips NV 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 1.88 1.99 1.45 0.59 0.96

Koninklijke Philips NV 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 0.72 0.89 0.85 0.96 0.84

Competitive Comparison of Koninklijke Philips NV's Cyclically Adjusted PS Ratio

For the Medical Devices subindustry, Koninklijke Philips NV'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.


Koninklijke Philips NV's Cyclically Adjusted PS Ratio Distribution in the Medical Devices & Instruments Industry

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

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



Koninklijke Philips NV 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.

Koninklijke Philips NV's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=25.91/21.36
=1.21

* 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.

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

For example, Koninklijke Philips NV'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)
=4.416/128.5800*128.5800
=4.416

Current CPI (Mar. 2024) = 128.5800.

Koninklijke Philips NV Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.919 99.240 6.373
201409 5.076 99.960 6.529
201412 6.353 99.050 8.247
201503 5.275 99.750 6.800
201506 5.925 100.230 7.601
201509 5.705 100.500 7.299
201512 -0.334 99.730 -0.431
201603 5.413 100.310 6.939
201606 4.085 100.260 5.239
201609 4.052 100.570 5.181
201612 5.096 100.710 6.506
201703 5.541 101.440 7.023
201706 4.146 101.370 5.259
201709 3.956 102.030 4.985
201712 5.047 101.970 6.364
201803 3.805 102.470 4.775
201806 4.186 103.100 5.221
201809 4.151 103.950 5.135
201812 5.440 103.970 6.728
201903 4.076 105.370 4.974
201906 4.640 105.840 5.637
201909 4.699 106.700 5.663
201912 3.645 106.800 4.388
202003 4.203 106.850 5.058
202006 4.023 107.510 4.811
202009 5.060 107.880 6.031
202012 3.650 107.850 4.352
202103 3.876 108.870 4.578
202106 4.287 109.670 5.026
202109 4.195 110.790 4.869
202112 4.344 114.010 4.899
202203 4.172 119.460 4.491
202206 4.374 119.050 4.724
202209 4.507 126.890 4.567
202212 4.796 124.940 4.936
202303 4.376 124.720 4.511
202306 4.566 125.830 4.666
202309 4.597 127.160 4.648
202312 4.554 126.450 4.631
202403 4.416 128.580 4.416

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.


Koninklijke Philips NV  (MIL:1PHIA) 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.


Koninklijke Philips NV Cyclically Adjusted PS Ratio Related Terms

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


Koninklijke Philips NV (MIL:1PHIA) Business Description

Address
Philips Center, Amstelplein 2, Amsterdam, NLD, 1096 BC
Philips is a diversified global healthcare company operating in three segments: diagnosis and treatment, connected care, and personal health. Around 50% of the company's revenue comes from the diagnosis and treatment segment, which features imaging systems, ultrasound equipment, image-guided therapy solutions and healthcare informatics. The connected care segment (around 30% of revenue) encompasses monitoring and analytics systems for hospitals and sleep and respiratory care devices, whereas the personal health business (remainder of revenue) includes electric toothbrushes and men's grooming and personal-care products.

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