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Motorola Solutions (LTS:0K3H) Cyclically Adjusted PS Ratio : 7.32 (As of May. 26, 2024)


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What is Motorola Solutions Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Motorola Solutions's current share price is $365.02. Motorola Solutions's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $49.87. Motorola Solutions's Cyclically Adjusted PS Ratio for today is 7.32.

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

LTS:0K3H' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.7   Med: 3.4   Max: 7.36
Current: 7.3

During the past years, Motorola Solutions's highest Cyclically Adjusted PS Ratio was 7.36. The lowest was 0.70. And the median was 3.40.

LTS:0K3H's Cyclically Adjusted PS Ratio is ranked worse than
94.17% of 1922 companies
in the Hardware industry
Industry Median: 1.07 vs LTS:0K3H: 7.30

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.

Motorola Solutions's adjusted revenue per share data for the three months ended in Mar. 2024 was $14.366. 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 $49.87 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Motorola Solutions Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Motorola Solutions'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.

Motorola Solutions Cyclically Adjusted PS Ratio Chart

Motorola Solutions 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 4.91 4.88 6.95 5.82 6.48

Motorola Solutions 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 6.31 6.30 5.71 6.48 7.10

Competitive Comparison of Motorola Solutions's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, Motorola Solutions'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.


Motorola Solutions's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Motorola Solutions 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.

Motorola Solutions's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=365.02/49.87
=7.32

* 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.

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

For example, Motorola Solutions'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)
=14.366/131.7762*131.7762
=14.366

Current CPI (Mar. 2024) = 131.7762.

Motorola Solutions Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.437 100.560 7.125
201409 5.786 100.428 7.592
201412 7.957 99.070 10.584
201503 5.615 99.621 7.427
201506 6.530 100.684 8.547
201509 7.064 100.392 9.272
201512 9.365 99.792 12.367
201603 6.740 100.470 8.840
201606 8.181 101.688 10.602
201609 9.033 101.861 11.686
201612 11.050 101.863 14.295
201703 7.540 102.862 9.659
201706 8.858 103.349 11.294
201709 9.734 104.136 12.318
201712 12.080 104.011 15.305
201803 8.605 105.290 10.770
201806 10.250 106.317 12.705
201809 10.788 106.507 13.348
201812 13.014 105.998 16.179
201903 9.490 107.251 11.660
201906 10.562 108.070 12.879
201909 11.304 108.329 13.751
201912 13.554 108.420 16.474
202003 9.409 108.902 11.385
202006 9.320 108.767 11.292
202009 10.767 109.815 12.920
202012 13.101 109.897 15.709
202103 10.237 111.754 12.071
202106 11.386 114.631 13.089
202109 12.102 115.734 13.779
202112 13.318 117.630 14.920
202203 10.930 121.301 11.874
202206 12.522 125.017 13.199
202209 13.837 125.227 14.561
202212 15.748 125.222 16.572
202303 12.578 127.348 13.015
202306 13.922 128.729 14.252
202309 14.886 129.860 15.106
202312 16.583 129.419 16.885
202403 14.366 131.776 14.366

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.


Motorola Solutions  (LTS:0K3H) 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.


Motorola Solutions Cyclically Adjusted PS Ratio Related Terms

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


Motorola Solutions (LTS:0K3H) Business Description

Address
500 West Monroe Street, Suite 4400, Chicago, IL, USA, 60661
Motorola Solutions is a leading provider of communications and analytics, primarily serving public safety departments as well as schools, hospitals, and businesses. The bulk of the firm's revenue comes from sales of land mobile radios and radio network infrastructure, but the firm also sells surveillance equipment and dispatch software. Most of Motorola's revenue comes from government agencies, while roughly 25% comes from schools and private businesses. Motorola has customers in over 100 countries and in every state in the United States.

Motorola Solutions (LTS:0K3H) Headlines

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