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FLIR Systems (BSP:F1LI34) Cyclically Adjusted PS Ratio : (As of May. 26, 2024)


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What is FLIR Systems Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


FLIR Systems Cyclically Adjusted PS Ratio Historical Data

The historical data trend for FLIR 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.

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FLIR Systems Cyclically Adjusted PS Ratio Chart

FLIR Systems Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted PS Ratio
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FLIR Systems Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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Competitive Comparison of FLIR Systems's Cyclically Adjusted PS Ratio

For the Scientific & Technical Instruments subindustry, FLIR 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.


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

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

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



FLIR 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.

FLIR Systems's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2021 is calculated as:

For example, FLIR Systems's adjusted Revenue per Share data for the three months ended in Mar. 2021 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2021 (Change)*Current CPI (Mar. 2021)
=19.86/111.7544*111.7544
=19.860

Current CPI (Mar. 2021) = 111.7544.

FLIR Systems Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201106 3.819 95.235 4.481
201109 4.039 95.727 4.715
201112 4.717 95.213 5.536
201203 3.985 96.783 4.601
201206 4.469 96.819 5.158
201209 4.421 97.633 5.060
201212 5.348 96.871 6.170
201303 4.728 98.209 5.380
201306 5.885 98.518 6.676
201309 5.622 98.790 6.360
201312 6.530 98.326 7.422
201403 5.683 99.695 6.370
201406 5.731 100.560 6.369
201409 6.119 100.428 6.809
201412 8.024 99.070 9.051
201503 7.650 99.621 8.582
201506 8.642 100.684 9.592
201509 10.608 100.392 11.809
201512 12.192 99.792 13.653
201603 10.112 100.470 11.248
201606 9.919 101.688 10.901
201609 9.557 101.861 10.485
201612 11.521 101.863 12.640
201703 9.204 102.862 10.000
201706 10.333 103.349 11.173
201709 10.441 104.136 11.205
201712 11.479 104.011 12.334
201803 10.224 105.290 10.852
201806 12.181 106.317 12.804
201809 12.734 106.507 13.361
201812 12.529 105.998 13.209
201903 12.453 107.251 12.976
201906 13.557 108.070 14.019
201909 14.269 108.329 14.720
201912 14.752 108.420 15.206
202003 16.330 108.902 16.758
202006 18.991 108.767 19.513
202009 19.127 109.815 19.465
202012 20.462 109.897 20.808
202103 19.860 111.754 19.860

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.


FLIR Systems  (BSP:F1LI34) 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.


FLIR Systems Cyclically Adjusted PS Ratio Related Terms

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


FLIR Systems (BSP:F1LI34) Business Description

Industry
Traded in Other Exchanges
N/A
Address
27700 SW Parkway Avenue, Wilsonville, OR, USA, 97070
FLIR Systems Inc designs, develops, markets, and distributes technologies that detect people, objects, and substances. The company's two business units are Industrial Technologies and Defense Technologies segment. The Industrial Technologies segment develops components used to create thermal, industrial, and other imaging systems. The Defense Technologies unit develops imaging and recognition solutions for military, law enforcement, and other government customers. The company operates around the world, with a significant portion of revenue coming from the United States.

FLIR Systems (BSP:F1LI34) Headlines

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