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Keysight Technologies (FRA:1KT) Cyclically Adjusted PS Ratio : 4.95 (As of Jun. 07, 2024)


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What is Keysight Technologies Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Keysight Technologies's current share price is €124.84. Keysight Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2024 was €25.21. Keysight Technologies's Cyclically Adjusted PS Ratio for today is 4.95.

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

FRA:1KT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.66   Med: 6.15   Max: 7.53
Current: 5.14

During the past years, Keysight Technologies's highest Cyclically Adjusted PS Ratio was 7.53. The lowest was 4.66. And the median was 6.15.

FRA:1KT's Cyclically Adjusted PS Ratio is ranked worse than
89.8% of 1922 companies
in the Hardware industry
Industry Median: 1.1 vs FRA:1KT: 5.14

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.

Keysight Technologies's adjusted revenue per share data for the three months ended in Apr. 2024 was €6.476. 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 €25.21 for the trailing ten years ended in Apr. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Keysight Technologies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Keysight Technologies'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.

Keysight Technologies Cyclically Adjusted PS Ratio Chart

Keysight Technologies Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 7.15 4.70

Keysight Technologies 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 5.74 6.29 4.70 5.85 5.55

Competitive Comparison of Keysight Technologies's Cyclically Adjusted PS Ratio

For the Scientific & Technical Instruments subindustry, Keysight Technologies'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.


Keysight Technologies's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Keysight Technologies 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.

Keysight Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=124.84/25.21
=4.95

* 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.

Keysight Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2024 is calculated as:

For example, Keysight Technologies'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)
=6.476/131.7762*131.7762
=6.476

Current CPI (Apr. 2024) = 131.7762.

Keysight Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201407 3.354 100.520 4.397
201410 3.600 100.176 4.736
201501 3.550 98.604 4.744
201504 3.999 99.824 5.279
201507 3.514 100.691 4.599
201510 3.908 100.346 5.132
201601 3.861 99.957 5.090
201604 3.744 100.947 4.887
201607 3.762 101.524 4.883
201610 3.965 101.988 5.123
201701 3.945 102.456 5.074
201704 3.925 103.167 5.013
201707 3.878 103.278 4.948
201710 3.974 104.070 5.032
201801 3.631 104.578 4.575
201804 4.247 105.708 5.294
201807 4.500 106.324 5.577
201810 4.769 106.695 5.890
201901 4.638 106.200 5.755
201904 5.079 107.818 6.208
201907 5.076 108.250 6.179
201910 5.301 108.577 6.434
202001 5.165 108.841 6.253
202004 4.357 108.173 5.308
202007 4.629 109.318 5.580
202010 5.545 109.861 6.651
202101 5.153 110.364 6.153
202104 5.459 112.673 6.385
202107 5.667 115.183 6.483
202110 5.965 116.696 6.736
202201 6.005 118.619 6.671
202204 6.836 121.978 7.385
202207 7.473 125.002 7.878
202210 8.048 125.734 8.435
202301 7.120 126.223 7.433
202304 7.082 127.992 7.291
202307 6.979 128.974 7.131
202310 6.936 129.810 7.041
202401 6.567 130.124 6.650
202404 6.476 131.776 6.476

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.


Keysight Technologies  (FRA:1KT) 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.


Keysight Technologies Cyclically Adjusted PS Ratio Related Terms

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


Keysight Technologies (FRA:1KT) Business Description

Traded in Other Exchanges
Address
1400 Fountaingrove Parkway, Santa Rosa, CA, USA, 95403-1738
Keysight Technologies is a leader in the field of testing and measurement, helping electronics OEMs and suppliers alike bring products to market to fit industry standards and specifications. Keysight specializes in the communications market, but also supplies into the government, automotive, industrial, and semiconductor manufacturing markets. Keysight's solutions include testing tools, analytical software, and services. The firm's stated objective is to reduce time to market and improve efficiency at its more than 30,000 customers.

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