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EMC (LTS:0QYV) Cyclically Adjusted PS Ratio : (As of May. 24, 2024)


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What is EMC Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


EMC Cyclically Adjusted PS Ratio Historical Data

The historical data trend for EMC'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.

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EMC Cyclically Adjusted PS Ratio Chart

EMC Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted PS Ratio
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EMC Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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Competitive Comparison of EMC's Cyclically Adjusted PS Ratio

For the Computer Hardware subindustry, EMC'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.


EMC's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



EMC 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.

EMC's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2016 is calculated as:

For example, EMC's adjusted Revenue per Share data for the three months ended in Jun. 2016 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2016 (Change)*Current CPI (Jun. 2016)
=2.957/101.6881*101.6881
=2.957

Current CPI (Jun. 2016) = 101.6881.

EMC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200609 1.565 85.606 1.859
200612 1.701 85.142 2.032
200703 1.707 86.640 2.003
200706 1.816 87.906 2.101
200709 1.796 87.964 2.076
200712 2.024 88.616 2.323
200803 1.665 90.090 1.879
200806 1.819 92.320 2.004
200809 1.986 92.307 2.188
200812 2.202 88.697 2.525
200903 1.801 89.744 2.041
200906 1.734 91.003 1.938
200909 1.769 91.120 1.974
200912 2.055 91.111 2.294
201003 1.958 91.821 2.168
201006 2.123 91.962 2.348
201009 1.963 92.162 2.166
201012 2.205 92.474 2.425
201103 1.874 94.283 2.021
201106 1.796 95.235 1.918
201109 1.978 95.727 2.101
201112 2.334 95.213 2.493
201203 2.113 96.783 2.220
201206 2.303 96.819 2.419
201209 2.242 97.633 2.335
201212 2.518 96.871 2.643
201303 2.330 98.209 2.413
201306 2.410 98.518 2.488
201309 2.362 98.790 2.431
201312 2.763 98.326 2.857
201403 2.324 99.695 2.370
201406 2.552 100.560 2.581
201409 2.748 100.428 2.782
201412 3.339 99.070 3.427
201503 2.755 99.621 2.812
201506 2.871 100.684 2.900
201509 3.035 100.392 3.074
201512 3.558 99.792 3.626
201603 2.734 100.470 2.767
201606 2.957 101.688 2.957

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.


EMC  (LTS:0QYV) 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.


EMC Cyclically Adjusted PS Ratio Related Terms

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


EMC (LTS:0QYV) Business Description

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EMC Corp is a Massachusetts corporation, incorporated in 1979. The Company together with its subsidiaries supports the businesses and service providers to transform information technology (IT) operations to an as a service model (ITaaS). The Company operates in three segments: EMC Information Infrastructure, Pivotal and VMware Virtual Infrastructure. The Company's information infrastructure provides a foundation for organizations to store, manage, protect, analyze and secure ever-increasing quantities of information, while at the same time improving business agility, lowering cost and increasing competitive advantage. VMware Virtual Infrastructure provides virtualization infrastructure solutions. Pivotal provides application and data infrastructure software, agile development services and data science consulting. The Company offers a comprehensive portfolio of enterprise storage systems and software - including high-end EMC VMAX and mid-tier EMC VNX unified storage and a portfolio of backup products that support enterprise application workloads. The Company's two additional storage families, EMC Isilon and EMC Atmos, are specifically designed to handle vast quantities of unstructured data. EMC supports a broad range of customers, including service providers, around the world - in every industry, in both public and private sectors, and of sizes ranging from the Fortune 500 to small business and individual consumers. The Company markets its products through direct sales and through multiple distribution channels. It has a direct sales presence throughout North America, Latin America, Europe, the Middle East, South Africa and the Asia Pacific region. The Company also has agreements in place with many partners, including value-added resellers and distributors, cloud service providers, systems integrators, outsourcers, Independent Software Vendors ("ISVs"), and Original Equipment Manufacturers ("OEMs"). The Company competes with many companies in the markets it serve, including companies that offer IT products and services and others that offer specific information storage, protection, security, management and intelligence, data analytics or virtualization products or services.

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