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Koninklijke Philips NV (XAMS:PHIA) Cyclically Adjusted PS Ratio : 0.90 (As of Apr. 27, 2024)


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What is Koninklijke Philips NV Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Koninklijke Philips NV's current share price is €19.745. Koninklijke Philips NV's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €21.88. Koninklijke Philips NV's Cyclically Adjusted PS Ratio for today is 0.90.

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

XAMS:PHIA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.52   Med: 1.08   Max: 2.31
Current: 0.88

During the past years, Koninklijke Philips NV's highest Cyclically Adjusted PS Ratio was 2.31. The lowest was 0.52. And the median was 1.08.

XAMS:PHIA's Cyclically Adjusted PS Ratio is ranked better than
75.91% of 465 companies
in the Medical Devices & Instruments industry
Industry Median: 2.11 vs XAMS:PHIA: 0.88

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.

Koninklijke Philips NV's adjusted revenue per share data for the three months ended in Dec. 2023 was €4.710. 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 €21.88 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Koninklijke Philips NV Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Koninklijke Philips 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.

Koninklijke Philips NV Cyclically Adjusted PS Ratio Chart

Koninklijke Philips 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 1.88 1.99 1.45 0.59 0.96

Koninklijke Philips NV 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 0.59 0.72 0.89 0.85 0.96

Competitive Comparison of Koninklijke Philips NV's Cyclically Adjusted PS Ratio

For the Medical Devices subindustry, Koninklijke Philips 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.


Koninklijke Philips NV's Cyclically Adjusted PS Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Koninklijke Philips NV's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Koninklijke Philips 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=19.745/21.88
=0.90

* 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.

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

For example, Koninklijke Philips NV'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)
=4.71/126.4000*126.4000
=4.710

Current CPI (Dec. 2023) = 126.4000.

Koninklijke Philips NV Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 4.756 99.390 6.048
201406 5.087 99.240 6.479
201409 5.250 99.960 6.639
201412 6.571 99.050 8.385
201503 5.455 99.750 6.912
201506 6.127 100.230 7.727
201509 5.900 100.500 7.420
201512 -0.345 99.730 -0.437
201603 5.598 100.310 7.054
201606 4.224 100.260 5.325
201609 4.190 100.570 5.266
201612 5.270 100.710 6.614
201703 5.731 101.440 7.141
201706 4.288 101.370 5.347
201709 4.091 102.030 5.068
201712 5.219 101.970 6.469
201803 3.935 102.470 4.854
201806 4.329 103.100 5.307
201809 4.293 103.950 5.220
201812 5.625 103.970 6.839
201903 4.215 105.370 5.056
201906 4.799 105.840 5.731
201909 4.860 106.700 5.757
201912 3.770 106.800 4.462
202003 4.347 106.850 5.142
202006 4.161 107.510 4.892
202009 5.233 107.880 6.131
202012 3.775 107.850 4.424
202103 4.009 108.870 4.655
202106 4.434 109.670 5.110
202109 4.338 110.790 4.949
202112 4.493 114.010 4.981
202203 4.314 119.460 4.565
202206 4.523 119.050 4.802
202209 4.661 126.890 4.643
202212 4.960 124.940 5.018
202303 4.525 124.720 4.586
202306 4.722 125.830 4.743
202309 4.755 127.160 4.727
202312 4.710 126.400 4.710

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.


Koninklijke Philips NV  (XAMS:PHIA) 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.


Koninklijke Philips NV Cyclically Adjusted PS Ratio Related Terms

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


Koninklijke Philips NV (XAMS:PHIA) Business Description

Address
Philips Center, Amstelplein 2, Amsterdam, NLD, 1096 BC
Philips is a diversified global healthcare company operating in three segments: diagnosis and treatment, connected care, and personal health. Around 50% of the company's revenue comes from the diagnosis and treatment segment, which features imaging systems, ultrasound equipment, image-guided therapy solutions and healthcare informatics. The connected care segment (around 30% of revenue) encompasses monitoring and analytics systems for hospitals and sleep and respiratory care devices, whereas the personal health business (remainder of revenue) includes electric toothbrushes and men's grooming and personal-care products.

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