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Cisco Systems (BUE:CSCO) Cyclically Adjusted PS Ratio : 3.86 (As of May. 22, 2024)


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What is Cisco Systems Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Cisco Systems's current share price is ARS11213.00. Cisco Systems's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2024 was ARS2,906.27. Cisco Systems's Cyclically Adjusted PS Ratio for today is 3.86.

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

BUE:CSCO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.85   Med: 3.87   Max: 5.95
Current: 3.52

During the past years, Cisco Systems's highest Cyclically Adjusted PS Ratio was 5.95. The lowest was 2.85. And the median was 3.87.

BUE:CSCO's Cyclically Adjusted PS Ratio is ranked worse than
82.64% of 1924 companies
in the Hardware industry
Industry Median: 1.07 vs BUE:CSCO: 3.52

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.

Cisco Systems's adjusted revenue per share data for the three months ended in Apr. 2024 was ARS13,413.593. 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 ARS2,906.27 for the trailing ten years ended in Apr. 2024.

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 PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11213.00/2906.27
=3.86

* 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.

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)
=13413.593/131.7762*131.7762
=13,413.593

Current CPI (Apr. 2024) = 131.7762.

Cisco Systems Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201407 97.123 100.520 127.323
201410 100.684 100.176 132.445
201501 99.924 98.604 133.541
201504 104.969 99.824 138.569
201507 115.182 100.691 150.741
201510 118.462 100.346 155.566
201601 161.694 99.957 213.165
201604 173.887 100.947 226.993
201607 187.406 101.524 243.251
201610 187.072 101.988 241.711
201701 183.114 102.456 235.515
201704 182.242 103.167 232.779
201707 214.795 103.278 274.065
201710 214.944 104.070 272.168
201801 236.901 104.578 298.514
201804 258.690 105.708 322.484
201807 382.565 106.324 474.145
201810 584.741 106.695 722.199
201901 519.638 106.200 644.783
201904 635.133 107.818 776.263
201907 665.430 108.250 810.049
201910 886.747 108.577 1,076.215
202001 843.450 108.841 1,021.186
202004 910.234 108.173 1,108.843
202007 1,010.111 109.318 1,217.633
202010 1,071.474 109.861 1,285.219
202101 1,187.526 110.364 1,417.921
202104 1,386.609 112.673 1,621.704
202107 1,484.699 115.183 1,698.585
202110 1,501.453 116.696 1,695.483
202201 1,553.020 118.619 1,725.276
202204 1,710.102 121.978 1,847.467
202207 1,976.649 125.002 2,083.769
202210 2,439.419 125.734 2,556.638
202301 2,919.982 126.223 3,048.447
202304 3,134.872 127.992 3,227.555
202307 4,774.419 128.974 4,878.141
202310 6,280.646 129.810 6,375.792
202401 12,694.431 130.124 12,855.574
202404 13,413.593 131.776 13,413.593

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  (BUE: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 (BUE: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.