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

FLIR Systems (FLIR Systems) Cyclically Adjusted PS Ratio : (As of May. 05, 2024)


View and export this data going back to 1993. Start your Free Trial

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.

* Premium members only.

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
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

FLIR Systems Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 - - - - -

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)
=3.524/111.7544*111.7544
=3.524

Current CPI (Mar. 2021) = 111.7544.

FLIR Systems Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201106 2.409 95.235 2.827
201109 2.309 95.727 2.696
201112 2.565 95.213 3.011
201203 2.220 96.783 2.563
201206 2.182 96.819 2.519
201209 2.181 97.633 2.496
201212 2.574 96.871 2.969
201303 2.383 98.209 2.712
201306 2.708 98.518 3.072
201309 2.483 98.790 2.809
201312 2.782 98.326 3.162
201403 2.444 99.695 2.740
201406 2.563 100.560 2.848
201409 2.617 100.428 2.912
201412 3.037 99.070 3.426
201503 2.435 99.621 2.732
201506 2.777 100.684 3.082
201509 2.718 100.392 3.026
201512 3.142 99.792 3.519
201603 2.734 100.470 3.041
201606 2.897 101.688 3.184
201609 2.938 101.861 3.223
201612 3.435 101.863 3.769
201703 2.943 102.862 3.197
201706 3.136 103.349 3.391
201709 3.333 104.136 3.577
201712 3.484 104.011 3.743
201803 3.118 105.290 3.309
201806 3.230 106.317 3.395
201809 3.099 106.507 3.252
201812 3.226 105.998 3.401
201903 3.242 107.251 3.378
201906 3.516 108.070 3.636
201909 3.464 108.329 3.574
201912 3.594 108.420 3.705
202003 3.342 108.902 3.430
202006 3.660 108.767 3.761
202009 3.542 109.815 3.605
202012 3.977 109.897 4.044
202103 3.524 111.754 3.524

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  (NAS:FLIR) 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 (FLIR Systems) 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.
Executives
John D Carter director 17575 LITTLE RIVER DRIVE, BEND OR 97707
James J Cannon officer: President and CEO 1000 STANLEY DRIVE, NEW BRITAIN CT 06053
Sonia Galindo officer: Sr VP, General Counsel and Sec C/O ROSETTA STONE, 1621 NORTH KENT STREET, SUITE 1200, ARLINGTON VA 22209
Travis Barton Johnson officer: VP, Controller & CAO 41789 IVY GLEN COURT, ASHBURN VA 20148
Paula M. Cooney officer: SVP and CHRO 1200 WILLOW LAKE BLVD., P.O. BOX 64683, ST. PAUL MN 55110
William Wright Crouch director 27700 SW PARKWAY AVENUE WILSONVILLE OR 97070
Carol P Lowe officer: Exec VP, Finance and CFO 4311 BEULAH CHURCH ROAD, WEDDINGTON NC 28104
Steven E Wynne director 27700 SW PARKWAY AVENUE, WILSONVILLE OR 97070
Angus L Macdonald director 27700 SW PARKWAY AVENUE WILSONVILLE OR 97070
Earl R Lewis director C/O NXSTAGE MEDICAL INC. (NXTM), 439 SOUTH UNION STREET, 5TH FLOOR, LAWRENCE MA 01843
Jeffrey Frank officer: Sr VP, Global Product Strategy 27700 SW PARKWAY AVE WILSONVILLE OR 97070
Wood John W Jr director C/O ANALOGIC, 8 CENTENNIAL DRIVE, PEABODY MA 01960
Cathy A Stauffer director
Robert S Tyrer director EDO CORP 60 EAST 42ND STR 42ND FL NEW YORK NY 10165
Michael T Smith director 190 NW SPANISH RIVER BOULEVARD, SUITE 101, BOCA RATON FL 33431

FLIR Systems (FLIR Systems) Headlines