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Zebra Technologies (STU:ZT1A) Cyclically Adjusted PS Ratio : 3.44 (As of May. 26, 2024)


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What is Zebra Technologies Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Zebra Technologies's current share price is €299.00. Zebra Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €86.83. Zebra Technologies's Cyclically Adjusted PS Ratio for today is 3.44.

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

STU:ZT1A' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.77   Med: 3.89   Max: 9.2
Current: 3.42

During the past years, Zebra Technologies's highest Cyclically Adjusted PS Ratio was 9.20. The lowest was 1.77. And the median was 3.89.

STU:ZT1A's Cyclically Adjusted PS Ratio is ranked worse than
81.95% of 1922 companies
in the Hardware industry
Industry Median: 1.07 vs STU:ZT1A: 3.42

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.

Zebra Technologies's adjusted revenue per share data for the three months ended in Mar. 2024 was €20.872. 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 €86.83 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zebra Technologies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Zebra Technologies'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.

Zebra Technologies Cyclically Adjusted PS Ratio Chart

Zebra Technologies 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 5.06 6.67 8.49 3.08 2.96

Zebra Technologies 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 3.66 3.31 2.59 2.96 3.16

Competitive Comparison of Zebra Technologies's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, Zebra Technologies'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.


Zebra Technologies's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Zebra Technologies 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.

Zebra Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=299.00/86.83
=3.44

* 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.

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

For example, Zebra Technologies'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)
=20.872/131.7762*131.7762
=20.872

Current CPI (Mar. 2024) = 131.7762.

Zebra Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.140 100.560 5.425
201409 4.573 100.428 6.000
201412 12.393 99.070 16.484
201503 16.285 99.621 21.541
201506 15.574 100.684 20.383
201509 15.956 100.392 20.944
201512 17.049 99.792 22.513
201603 14.862 100.470 19.493
201606 15.181 101.688 19.673
201609 15.583 101.861 20.160
201612 17.234 101.863 22.295
201703 15.275 102.862 19.569
201706 15.010 103.349 19.139
201709 15.022 104.136 19.009
201712 16.096 104.011 20.393
201803 14.677 105.290 18.369
201806 15.966 106.317 19.789
201809 17.195 106.507 21.275
201812 18.342 105.998 22.803
201903 17.293 107.251 21.248
201906 17.765 108.070 21.662
201909 18.779 108.329 22.844
201912 19.667 108.420 23.904
202003 17.528 108.902 21.210
202006 15.816 108.767 19.162
202009 17.892 109.815 21.470
202012 19.981 109.897 23.959
202103 20.967 111.754 24.723
202106 21.201 114.631 24.372
202109 22.660 115.734 25.801
202112 24.099 117.630 26.997
202203 24.328 121.301 26.429
202206 26.636 125.017 28.076
202209 26.684 125.227 28.080
202212 27.304 125.222 28.733
202303 25.359 127.348 26.241
202306 21.671 128.729 22.184
202309 17.449 129.860 17.707
202312 17.900 129.419 18.226
202403 20.872 131.776 20.872

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.


Zebra Technologies  (STU:ZT1A) 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.


Zebra Technologies Cyclically Adjusted PS Ratio Related Terms

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


Zebra Technologies (STU:ZT1A) Business Description

Traded in Other Exchanges
Address
3 Overlook Point, Lincolnshire, IL, USA, 60069
Zebra Technologies is a leading provider of automatic identification and data capture technology to enterprises. Its solutions include barcode printers and scanners, mobile computers, and workflow optimization software. The firm primarily serves the retail, transportation logistics, manufacturing, and healthcare markets, designing custom solutions to improve efficiency at its customers.

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