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TD Synnex (TD Synnex) Cyclically Adjusted PS Ratio : 0.22 (As of Apr. 28, 2024)


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What is TD Synnex Cyclically Adjusted PS Ratio?

As of today (2024-04-28), TD Synnex's current share price is $117.44. TD Synnex's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was $527.29. TD Synnex's Cyclically Adjusted PS Ratio for today is 0.22.

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

SNX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.17   Max: 0.33
Current: 0.22

During the past years, TD Synnex's highest Cyclically Adjusted PS Ratio was 0.33. The lowest was 0.07. And the median was 0.17.

SNX's Cyclically Adjusted PS Ratio is ranked better than
87.77% of 1889 companies
in the Hardware industry
Industry Median: 1.01 vs SNX: 0.22

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.

TD Synnex's adjusted revenue per share data for the three months ended in Feb. 2024 was $158.444. 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 $527.29 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


TD Synnex Cyclically Adjusted PS Ratio Historical Data

The historical data trend for TD Synnex'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.

TD Synnex Cyclically Adjusted PS Ratio Chart

TD Synnex Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.21 0.25 0.21 0.19

TD Synnex Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.19 0.18 0.20 0.19 0.20

Competitive Comparison of TD Synnex's Cyclically Adjusted PS Ratio

For the Electronics & Computer Distribution subindustry, TD Synnex'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.


TD Synnex's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



TD Synnex 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.

TD Synnex's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=117.44/527.29
=0.22

* 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.

TD Synnex's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, TD Synnex's adjusted Revenue per Share data for the three months ended in Feb. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=158.444/129.4194*129.4194
=158.444

Current CPI (Feb. 2024) = 129.4194.

TD Synnex Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 88.527 100.373 114.146
201408 90.488 100.352 116.698
201411 97.498 99.635 126.644
201502 81.481 99.032 106.483
201505 82.703 100.333 106.679
201508 84.737 100.548 109.068
201511 90.016 100.135 116.342
201602 79.206 100.040 102.467
201605 85.607 101.355 109.311
201608 92.827 101.617 118.225
201611 98.045 101.829 124.610
201702 88.676 102.779 111.661
201705 99.123 103.256 124.240
201708 107.595 103.587 134.427
201711 126.356 104.072 157.130
201802 112.396 105.052 138.467
201805 123.504 106.148 150.581
201808 122.160 106.383 148.613
201811 118.935 106.338 144.751
201902 103.078 106.649 125.086
201905 112.348 108.048 134.570
201908 122.011 108.245 145.879
201911 37.111 108.519 44.259
202002 79.658 109.139 94.460
202005 87.585 108.175 104.785
202008 103.557 109.662 122.214
202011 118.969 109.793 140.235
202102 95.786 110.968 111.713
202105 113.269 113.576 129.069
202108 100.588 115.421 112.788
202111 163.347 117.269 180.271
202202 161.327 119.703 174.422
202205 159.489 123.323 167.374
202208 160.953 124.958 166.700
202211 170.866 125.607 176.052
202302 159.991 126.928 163.132
202305 150.167 128.314 151.460
202308 150.306 129.538 150.169
202311 159.401 129.548 159.243
202402 158.444 129.419 158.444

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.


TD Synnex  (NYSE:SNX) 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.


TD Synnex Cyclically Adjusted PS Ratio Related Terms

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


TD Synnex (TD Synnex) Business Description

Industry
Traded in Other Exchanges
Address
44201 Nobel Drive, Fremont, CA, USA, 94538
TD Synnex Corp is a global distributor and solutions aggregator for the IT ecosystem. Its edge-to-cloud portfolio is anchored in some of the technology segments including cloud, cybersecurity, big data/analytics, IoT, mobility, and everything as a service.
Executives
Michael Urban officer: President, Worldwide Distrib. 44201 NOBEL DRIVE, FREMONT CA 94538
Dennis Polk director, officer: Chief Operating Officer 44201 NOBEL DRIVE, FREMONT CA 94538
Fred A Breidenbach director
Apollo Management Holdings Gp, Llc 10 percent owner 9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Peer Developments Ltd 10 percent owner 4TH FLOOR, NO. 75, SEC. 3,, MING-SHENG E. ROAD,, TAIPEI F5 00000
Silver Star Developments Ltd 10 percent owner NO 200 WEN HWA 2ND RD, KUEI SHAN HSIANG, TAOYUAN F5 00000
Matthew Miau director 44201 NOBEL DRIVE, FREMONT CA 94538
Claude J Pumilia director 6363 S FIDDLER'S GREEN CIRCLE, SUITE 1400, GREENWOOD VILLAGE CO 80111
Kathleen M Crusco director C/O CALIX, INC., 1035 N. MCDOWELL BLVD, PETALUMA CA 94954
Marshall Witt officer: Chief Financial Officer 44201 NOBEL DRIVE, FREMONT CA 94538
Ap Ix Tiger Co-invest (ml) Gp, Llc 10 percent owner 9 WEST 57TH STREET 41ST FLOOR, NEW YORK NY 10019
Ap Ix Tiger Holdings Gp, Llc 10 percent owner 9 WEST 57TH STREET 41ST FLOOR, NEW YORK NY 10019
Tiger Parent Holdings Gp, Llc 10 percent owner 9 WEST 57TH STREET 41ST FLOOR, NEW YORK NY 10019
Ap Ix Tiger Co-invest (ml), L.p. 10 percent owner 9 WEST 57TH STREET 41ST FLOOR, NEW YORK NY 10019
Richard T Hume director, officer: Chief Executive Officer 5350 TECH DATA DRIVE, CLEARWATER FL 33760