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Masimo (LTS:0JZ2) Cyclically Adjusted PS Ratio : 5.37 (As of Jun. 10, 2024)


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What is Masimo Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Masimo's current share price is $126.48. Masimo's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $23.56. Masimo's Cyclically Adjusted PS Ratio for today is 5.37.

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

LTS:0JZ2' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.31   Med: 8.86   Max: 20.97
Current: 5.3

During the past years, Masimo's highest Cyclically Adjusted PS Ratio was 20.97. The lowest was 2.31. And the median was 8.86.

LTS:0JZ2's Cyclically Adjusted PS Ratio is ranked worse than
73.17% of 477 companies
in the Medical Devices & Instruments industry
Industry Median: 2.17 vs LTS:0JZ2: 5.30

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.

Masimo's adjusted revenue per share data for the three months ended in Mar. 2024 was $9.092. 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 $23.56 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Masimo Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Masimo'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.

Masimo Cyclically Adjusted PS Ratio Chart

Masimo Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.98 19.83 18.54 7.61 5.17

Masimo 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 9.00 7.74 3.98 5.17 6.21

Competitive Comparison of Masimo's Cyclically Adjusted PS Ratio

For the Medical Devices subindustry, Masimo'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.


Masimo's Cyclically Adjusted PS Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Masimo's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Masimo 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.

Masimo's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=126.48/23.56
=5.37

* 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.

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

For example, Masimo'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)
=9.092/131.7762*131.7762
=9.092

Current CPI (Mar. 2024) = 131.7762.

Masimo Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.480 100.560 3.250
201409 2.639 100.428 3.463
201412 3.044 99.070 4.049
201503 2.864 99.621 3.788
201506 2.901 100.684 3.797
201509 2.842 100.392 3.730
201512 3.157 99.792 4.169
201603 3.295 100.470 4.322
201606 3.276 101.688 4.245
201609 3.129 101.861 4.048
201612 3.713 101.863 4.803
201703 3.541 102.862 4.536
201706 3.423 103.349 4.365
201709 3.443 104.136 4.357
201712 3.740 104.011 4.738
201803 3.837 105.290 4.802
201806 3.796 106.317 4.705
201809 3.745 106.507 4.634
201812 3.947 105.998 4.907
201903 4.354 107.251 5.350
201906 4.024 108.070 4.907
201909 3.999 108.329 4.865
201912 4.324 108.420 5.255
202003 4.682 108.902 5.665
202006 5.171 108.767 6.265
202009 4.772 109.815 5.726
202012 5.095 109.897 6.109
202103 5.165 111.754 6.090
202106 5.315 114.631 6.110
202109 5.328 115.734 6.067
202112 5.678 117.630 6.361
202203 5.309 121.301 5.767
202206 10.222 125.017 10.775
202209 10.153 125.227 10.684
202212 11.426 125.222 12.024
202303 10.386 127.348 10.747
202306 8.369 128.729 8.567
202309 8.885 129.860 9.016
202312 10.203 129.419 10.389
202403 9.092 131.776 9.092

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.


Masimo  (LTS:0JZ2) 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.


Masimo Cyclically Adjusted PS Ratio Related Terms

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


Masimo (LTS:0JZ2) Business Description

Traded in Other Exchanges
Address
52 Discovery, Irvine, CA, USA, 92618
Masimo Corp is a global technology company. The company's segment includes healthcare and non-healthcare. The healthcare business segment is a key revenue driver, develops, manufactures, and markets a variety of noninvasive patient monitoring technologies, hospital automation and connectivity solutions, remote monitoring devices and consumer health products. Its non-healthcare segment includes consumer audio business develops, manufactures, markets sells and licenses premium and luxury audio sound products and related integration technologies.

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