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Cisco Systems (XSWX:CSCO) Cyclically Adjusted PS Ratio : (As of May. 22, 2024)


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What is Cisco Systems Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cisco Systems Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Cisco Systems'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.

Cisco Systems Cyclically Adjusted PS Ratio Chart

Cisco Systems Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.58 4.54 4.95 3.69 4.03

Cisco Systems Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 3.71 4.03 3.99 3.82 3.53

Competitive Comparison of Cisco Systems's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, Cisco Systems'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.


Cisco Systems's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Cisco Systems 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.

Cisco Systems's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2024 is calculated as:

For example, Cisco Systems's adjusted Revenue per Share data for the three months ended in Apr. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=2.822/131.7762*131.7762
=2.822

Current CPI (Apr. 2024) = 131.7762.

Cisco Systems Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201407 2.137 100.520 2.801
201410 2.263 100.176 2.977
201501 2.184 98.604 2.919
201504 2.262 99.824 2.986
201507 2.394 100.691 3.133
201510 2.403 100.346 3.156
201601 2.359 99.957 3.110
201604 2.282 100.947 2.979
201607 2.452 101.524 3.183
201610 2.408 101.988 3.111
201701 2.315 102.456 2.977
201704 2.369 103.167 3.026
201707 2.318 103.278 2.958
201710 2.387 104.070 3.022
201801 2.318 104.578 2.921
201804 2.492 105.708 3.107
201807 2.636 106.324 3.267
201810 2.816 106.695 3.478
201901 2.734 106.200 3.392
201904 2.960 107.818 3.618
201907 3.096 108.250 3.769
201910 3.058 108.577 3.711
202001 2.733 108.841 3.309
202004 2.740 108.173 3.338
202007 2.672 109.318 3.221
202010 2.565 109.861 3.077
202101 2.504 110.364 2.990
202104 2.785 112.673 3.257
202107 2.845 115.183 3.255
202110 2.805 116.696 3.167
202201 2.780 118.619 3.088
202204 2.909 121.978 3.143
202207 3.058 125.002 3.224
202210 3.295 125.734 3.453
202301 3.052 126.223 3.186
202304 3.197 127.992 3.292
202307 3.238 128.974 3.308
202310 3.236 129.810 3.285
202401 2.683 130.124 2.717
202404 2.822 131.776 2.822

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.


Cisco Systems  (XSWX:CSCO) 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.


Cisco Systems Cyclically Adjusted PS Ratio Related Terms

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


Cisco Systems (XSWX:CSCO) Business Description

Industry
Address
170 West Tasman Drive, San Jose, CA, USA, 95134-1706
Cisco Systems is the largest provider of networking equipment in the world and one of the largest software companies in the world. Its largest businesses are selling networking hardware and software (where it has leading market shares) and cybersecurity software like firewalls. It also has collaboration products, like its Webex suite, and observability tools. It primarily outsources its manufacturing to third parties and has a large sales and marketing staff—25,000 strong across 90 countries. Overall, Cisco employees 80,000 employees and sells its products globally.