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Agilent Technologies (LTS:0HAV) Cyclically Adjusted PS Ratio : 7.49 (As of May. 26, 2024)


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What is Agilent Technologies Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Agilent Technologies's current share price is $149.79. Agilent Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was $20.00. Agilent Technologies's Cyclically Adjusted PS Ratio for today is 7.49.

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

LTS:0HAV' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.02   Med: 4.42   Max: 10.74
Current: 7.67

During the past years, Agilent Technologies's highest Cyclically Adjusted PS Ratio was 10.74. The lowest was 2.02. And the median was 4.42.

LTS:0HAV's Cyclically Adjusted PS Ratio is ranked worse than
82.84% of 134 companies
in the Medical Diagnostics & Research industry
Industry Median: 2.38 vs LTS:0HAV: 7.67

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.

Agilent Technologies's adjusted revenue per share data for the three months ended in Jan. 2024 was $5.639. 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 $20.00 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Agilent Technologies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Agilent 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.

Agilent Technologies Cyclically Adjusted PS Ratio Chart

Agilent 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 4.74 6.36 9.34 7.69 5.32

Agilent Technologies Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 8.44 7.44 6.66 5.32 6.62

Competitive Comparison of Agilent Technologies's Cyclically Adjusted PS Ratio

For the Diagnostics & Research subindustry, Agilent 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.


Agilent Technologies's Cyclically Adjusted PS Ratio Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Agilent Technologies's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Agilent 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=149.79/20
=7.49

* 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.

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

For example, Agilent Technologies's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=5.639/130.1244*130.1244
=5.639

Current CPI (Jan. 2024) = 130.1244.

Agilent Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 2.932 100.023 3.814
201407 2.985 100.520 3.864
201410 3.086 100.176 4.009
201501 3.036 98.604 4.007
201504 2.858 99.824 3.726
201507 3.036 100.691 3.923
201510 3.117 100.346 4.042
201601 3.096 99.957 4.030
201604 3.107 100.947 4.005
201607 3.183 101.524 4.080
201610 3.377 101.988 4.309
201701 3.273 102.456 4.157
201704 3.391 103.167 4.277
201707 3.417 103.278 4.305
201710 3.614 104.070 4.519
201801 3.749 104.578 4.665
201804 3.699 105.708 4.553
201807 3.713 106.324 4.544
201810 4.019 106.695 4.902
201901 3.988 106.200 4.886
201904 3.857 107.818 4.655
201907 4.032 108.250 4.847
201910 4.381 108.577 5.250
202001 4.335 108.841 5.183
202004 3.968 108.173 4.773
202007 4.042 109.318 4.811
202010 4.753 109.861 5.630
202101 5.010 110.364 5.907
202104 4.967 112.673 5.736
202107 5.183 115.183 5.855
202110 5.407 116.696 6.029
202201 5.525 118.619 6.061
202204 5.339 121.978 5.696
202207 5.746 125.002 5.981
202210 6.226 125.734 6.443
202301 5.912 126.223 6.095
202304 5.781 127.992 5.877
202307 5.668 128.974 5.719
202310 5.703 129.810 5.717
202401 5.639 130.124 5.639

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.


Agilent Technologies  (LTS:0HAV) 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.


Agilent Technologies Cyclically Adjusted PS Ratio Related Terms

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


Agilent Technologies (LTS:0HAV) Business Description

Traded in Other Exchanges
Address
5301 Stevens Creek Boulevard, Santa Clara, CA, USA, 95051
Originally spun out of Hewlett-Packard in 1999, Agilent has evolved into a leading life sciences and diagnostics firm. Today, Agilent's measurement technologies serve a broad base of customers with its three operating segments: life science and applied tools, cross lab (consisting of consumables and services related to life science and applied tools), and diagnostics and genomics. Over half of its sales are generated from the biopharmaceutical, chemical, and advanced materials end markets, but it also supports clinical lab, environmental, forensics, food, academic, and government-related organizations. The company is geographically diverse, with operations in the U.S. and China representing the largest country concentrations.

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