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TE Connectivity (FRA:9TC) Cyclically Adjusted PS Ratio : (As of May. 18, 2024)


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What is TE Connectivity Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


TE Connectivity Cyclically Adjusted PS Ratio Historical Data

The historical data trend for TE Connectivity'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.

TE Connectivity Cyclically Adjusted PS Ratio Chart

TE Connectivity Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.92 2.98 3.97 2.94 3.06

TE Connectivity Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.36 3.55 3.06 3.45 3.49

Competitive Comparison of TE Connectivity's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, TE Connectivity'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.


TE Connectivity's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



TE Connectivity 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.

TE Connectivity's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, TE Connectivity's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=11.795/107.3549*107.3549
=11.795

Current CPI (Mar. 2024) = 107.3549.

TE Connectivity Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.440 101.517 5.753
201409 5.717 101.247 6.062
201412 5.987 100.704 6.382
201503 6.895 100.339 7.377
201506 6.743 100.464 7.206
201509 6.565 99.785 7.063
201512 6.668 99.386 7.203
201603 7.204 99.475 7.775
201606 7.694 100.088 8.253
201609 6.105 99.604 6.580
201612 8.088 99.380 8.737
201703 8.405 100.040 9.020
201706 8.370 100.285 8.960
201709 5.975 100.254 6.398
201712 8.008 100.213 8.579
201803 8.160 100.836 8.688
201806 8.708 101.435 9.216
201809 8.592 101.246 9.110
201812 8.552 100.906 9.099
201903 8.881 101.571 9.387
201906 8.847 102.044 9.307
201909 8.891 101.396 9.414
201912 8.461 101.063 8.988
202003 8.657 101.048 9.197
202006 6.856 100.743 7.306
202009 8.415 100.585 8.981
202012 8.694 100.241 9.311
202103 9.401 100.800 10.012
202106 9.584 101.352 10.152
202109 9.746 101.533 10.305
202112 10.239 101.776 10.800
202203 11.126 103.205 11.573
202206 11.962 104.783 12.256
202209 13.758 104.835 14.089
202212 11.366 104.666 11.658
202303 12.218 106.245 12.346
202306 11.641 106.576 11.726
202309 12.041 106.570 12.130
202312 11.224 106.461 11.318
202403 11.795 107.355 11.795

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.


TE Connectivity  (FRA:9TC) 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.


TE Connectivity Cyclically Adjusted PS Ratio Related Terms

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TE Connectivity (FRA:9TC) Business Description

Industry
Traded in Other Exchanges
Address
Muhlenstrasse 26, Schaffhausen, CHE, CH-8200
TE Connectivity is the largest electrical connector supplier in the world, supplying interconnect and sensor solutions to the transportation, industrial, and communications markets. With operations in 150 countries and over 500,000 stock-keeping units, TE has a broad portfolio that forms the electrical architecture of its end customers' cutting-edge innovations.

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