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Signify NV (XAMS:LIGHT) Cyclically Adjusted PS Ratio : 0.43 (As of Jun. 07, 2024)


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What is Signify NV Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Signify NV's current share price is €25.18. Signify NV's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was €58.75. Signify NV's Cyclically Adjusted PS Ratio for today is 0.43.

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

XAMS:LIGHT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.42   Med: 0.57   Max: 0.89
Current: 0.42

During the past 12 years, Signify NV's highest Cyclically Adjusted PS Ratio was 0.89. The lowest was 0.42. And the median was 0.57.

XAMS:LIGHT's Cyclically Adjusted PS Ratio is ranked better than
84.39% of 2197 companies
in the Industrial Products industry
Industry Median: 1.42 vs XAMS:LIGHT: 0.42

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.

Signify NV's adjusted revenue per share data of for the fiscal year that ended in Dec23 was €52.647. 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 €58.75 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Signify NV Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Signify 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.

Signify NV Cyclically Adjusted PS Ratio Chart

Signify 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 - - 0.76 0.53 0.52

Signify 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 - - - 0.52 -

Competitive Comparison of Signify NV's Cyclically Adjusted PS Ratio

For the Electrical Equipment & Parts subindustry, Signify 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.


Signify NV's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Signify NV's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Signify 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=25.18/58.75
=0.43

* 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.

Signify NV's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Signify NV's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=52.647/126.4500*126.4500
=52.647

Current CPI (Dec23) = 126.4500.

Signify NV Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 46.540 99.050 59.414
201512 49.767 99.730 63.101
201612 47.433 100.710 59.556
201712 48.293 101.970 59.887
201812 47.204 103.970 57.410
201912 48.948 106.800 57.954
202012 50.134 107.850 58.780
202112 53.325 114.010 59.143
202212 58.889 124.940 59.601
202312 52.647 126.450 52.647

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.


Signify NV  (XAMS:LIGHT) 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.


Signify NV Cyclically Adjusted PS Ratio Related Terms

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


Signify NV (XAMS:LIGHT) Business Description

Address
High Tech Campus 48, Eindhoven, NLD, 5656 AE
Signify NV is a Netherlands-based firm that provides lighting solutions. The company's product portfolio includes luminaires, lamps, light-emitting diode (LED) lamps, LED tubes, and decorative lighting. Its product application is very broad-based as it is used in almost every industry. The operating segments are Digital Solutions, Digital Products, and Conventional Products. The firm generates of its revenues from its Digital Solutions segment and operates mainly in Europe, the Americas, as well as other international markets.

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