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Cirrus Logic (STU:CRU) Cyclically Adjusted PS Ratio : 4.25 (As of Jun. 10, 2024)


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What is Cirrus Logic Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Cirrus Logic's current share price is €109.00. Cirrus Logic's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €25.63. Cirrus Logic's Cyclically Adjusted PS Ratio for today is 4.25.

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

STU:CRU' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.33   Med: 4.11   Max: 6.65
Current: 4.21

During the past years, Cirrus Logic's highest Cyclically Adjusted PS Ratio was 6.65. The lowest was 2.33. And the median was 4.11.

STU:CRU's Cyclically Adjusted PS Ratio is ranked worse than
70.54% of 679 companies
in the Semiconductors industry
Industry Median: 2.28 vs STU:CRU: 4.21

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.

Cirrus Logic's adjusted revenue per share data for the three months ended in Mar. 2024 was €6.157. 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 €25.63 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cirrus Logic Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Cirrus Logic'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.

Cirrus Logic Cyclically Adjusted PS Ratio Chart

Cirrus Logic Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.03 4.60 3.80 4.33 3.32

Cirrus Logic 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 4.33 3.14 2.79 3.07 3.32

Competitive Comparison of Cirrus Logic's Cyclically Adjusted PS Ratio

For the Semiconductors subindustry, Cirrus Logic'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.


Cirrus Logic's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Cirrus Logic's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Cirrus Logic 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.

Cirrus Logic's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=109.00/25.63
=4.25

* 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.

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

For example, Cirrus Logic'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)
=6.157/131.7762*131.7762
=6.157

Current CPI (Mar. 2024) = 131.7762.

Cirrus Logic Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.736 100.560 2.275
201409 2.506 100.428 3.288
201412 3.713 99.070 4.939
201503 3.580 99.621 4.736
201506 3.792 100.684 4.963
201509 4.121 100.392 5.409
201512 4.856 99.792 6.412
201603 3.185 100.470 4.177
201606 3.513 101.688 4.552
201609 5.751 101.861 7.440
201612 7.428 101.863 9.609
201703 4.568 102.862 5.852
201706 4.250 103.349 5.419
201709 5.380 104.136 6.808
201712 6.222 104.011 7.883
201803 3.802 105.290 4.758
201806 3.544 106.317 4.393
201809 5.028 106.507 6.221
201812 4.690 105.998 5.831
201903 3.540 107.251 4.350
201906 3.499 108.070 4.267
201909 5.865 108.329 7.134
201912 5.574 108.420 6.775
202003 4.167 108.902 5.042
202006 3.573 108.767 4.329
202009 4.904 109.815 5.885
202012 6.659 109.897 7.985
202103 4.114 111.754 4.851
202106 3.867 114.631 4.445
202109 6.661 115.734 7.584
202112 8.221 117.630 9.210
202203 7.589 121.301 8.244
202206 6.442 125.017 6.790
202209 9.509 125.227 10.006
202212 9.853 125.222 10.369
202303 6.102 127.348 6.314
202306 5.167 128.729 5.289
202309 8.009 129.860 8.127
202312 10.210 129.419 10.396
202403 6.157 131.776 6.157

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.


Cirrus Logic  (STU:CRU) 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.


Cirrus Logic Cyclically Adjusted PS Ratio Related Terms

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


Cirrus Logic (STU:CRU) Business Description

Industry
Traded in Other Exchanges
Address
800 West 6th Street, Austin, TX, USA, 78701
Cirrus Logic Inc is a provider of integrated circuits for audio and voice signal processing applications. The firm's products are organized into two streams: portable audio products, and non-portable audio and other products. These products include analog and mixed-signal components targeting mobile devices, smart homes, and applications in the automotive, energy, and industrial markets. Roughly half of the firm's revenue is generated in China, with the rest coming from the United States, Europe, South Korea, and countries across the world.