GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Netgear Inc (NAS:NTGR) » Definitions » Cyclically Adjusted PS Ratio

Netgear (Netgear) Cyclically Adjusted PS Ratio : 0.36 (As of Apr. 27, 2024)


View and export this data going back to 2003. Start your Free Trial

What is Netgear Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Netgear's current share price is $14.85. Netgear's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $40.83. Netgear's Cyclically Adjusted PS Ratio for today is 0.36.

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

NTGR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.82   Max: 1.4
Current: 0.36

During the past years, Netgear's highest Cyclically Adjusted PS Ratio was 1.40. The lowest was 0.26. And the median was 0.82.

NTGR's Cyclically Adjusted PS Ratio is ranked better than
78.88% of 1889 companies
in the Hardware industry
Industry Median: 1.01 vs NTGR: 0.36

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.

Netgear's adjusted revenue per share data for the three months ended in Dec. 2023 was $6.369. 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 $40.83 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Netgear Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Netgear'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.

Netgear Cyclically Adjusted PS Ratio Chart

Netgear 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 0.69 1.09 0.73 0.44 0.36

Netgear Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.44 0.44 0.34 0.30 0.36

Competitive Comparison of Netgear's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, Netgear'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.


Netgear's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Netgear 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.

Netgear's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14.85/40.83
=0.36

* 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.

Netgear's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Netgear's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=6.369/129.4194*129.4194
=6.369

Current CPI (Dec. 2023) = 129.4194.

Netgear Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 9.366 99.695 12.159
201406 9.172 100.560 11.804
201409 9.747 100.428 12.561
201412 9.988 99.070 13.048
201503 8.762 99.621 11.383
201506 8.417 100.684 10.819
201509 10.573 100.392 13.630
201512 10.887 99.792 14.119
201603 9.326 100.470 12.013
201606 9.305 101.688 11.843
201609 9.980 101.861 12.680
201612 5.378 101.863 6.833
201703 9.481 102.862 11.929
201706 9.987 103.349 12.506
201709 10.974 104.136 13.638
201712 0.934 104.011 1.162
201803 7.508 105.290 9.229
201806 7.797 106.317 9.491
201809 8.170 106.507 9.928
201812 8.480 105.998 10.354
201903 7.577 107.251 9.143
201906 7.189 108.070 8.609
201909 8.355 108.329 9.982
201912 8.192 108.420 9.779
202003 7.773 108.902 9.237
202006 9.313 108.767 11.081
202009 12.300 109.815 14.496
202012 11.639 109.897 13.707
202103 9.993 111.754 11.573
202106 9.815 114.631 11.081
202109 9.421 115.734 10.535
202112 8.390 117.630 9.231
202203 7.174 121.301 7.654
202206 7.726 125.017 7.998
202209 8.598 125.227 8.886
202212 8.602 125.222 8.890
202303 6.230 127.348 6.331
202306 5.915 128.729 5.947
202309 6.701 129.860 6.678
202312 6.369 129.419 6.369

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.


Netgear  (NAS:NTGR) 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.


Netgear Cyclically Adjusted PS Ratio Related Terms

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


Netgear (Netgear) Business Description

Industry
Traded in Other Exchanges
Address
350 East Plumeria Drive, San Jose, CA, USA, 95134
Netgear Inc is a provider of networking solutions. The reportable segments of the company are connected home, and Small and Medium Businesses (SMB). The Connected Home segment focuses on consumers and consists of high-performance, dependable, and easy-to-use 4G/5G mobile, Wi-Fi internet networking solutions and smart devices such as Orbi Voice smart speakers and Meural digital canvas; and SMB focused on small and medium-sized businesses and consists of business networking, storage, wireless LAN and security solutions that bring enterprise-class functionality to small and medium-sized businesses at an affordable price.
Executives
Andrew Wonki Kim officer: SVP, Legal and Corp. Dev. 892 RUSSET DR., SUNNYVALE CA 94087
Martin Westhead officer: CTO 350 E. PLUMERIA DR., SAN JOSE CA 95134
Heidi Cormack officer: SVP, Marketing 350 E. PLUMERIA DR., SAN JOSE CA 95134
Vikram Mehta officer: SVP, CBU 350 E. PLUMERIA DR., SAN JOSE CA 95134
Michael A Werdann officer: SVP of Worldwide Sales 4500 GREAT AMERICAN PARKWAY, C/O NETGEAR INC, SANTA CLARA CA 95054
Laura Durr director C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Mark G Merrill officer: Chief Technology Officer
Patrick Cs Lo director, officer: Chairman and CEO
Shravan Goli director 1040 AVENUE OF THE AMERICAS, NEW YORK NY 10016
David John Henry officer: SVP, Home Networking 350 E. PLUMERIA DR., SAN JOSE CA 95134
Thomas H Waechter director
Michael F Falcon officer: SVP, Operations
Tamesa Rogers officer: SVP, Human Resources 350 EAST PLUMERIA DR, SAN JOSE CA 95134
Murray Bryan officer: CFO 350 E. PLUMERIA DR., SAN JOSE CA 95134
Gregory J Rossman director 500 NYALA FARM RD, WESTPORT CT 06880