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Motorola Solutions (MIL:1MSI) Cyclically Adjusted PS Ratio : 7.41 (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 €334.80. Motorola Solutions's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €45.17. Motorola Solutions's Cyclically Adjusted PS Ratio for today is 7.41.

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

MIL:1MSI' 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.

MIL:1MSI's Cyclically Adjusted PS Ratio is ranked worse than
94.17% of 1922 companies
in the Hardware industry
Industry Median: 1.07 vs MIL:1MSI: 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 €13.216. 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 €45.17 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
=334.80/45.17
=7.41

* 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)
=13.216/131.7762*131.7762
=13.216

Current CPI (Mar. 2024) = 131.7762.

Motorola Solutions Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.002 100.560 5.244
201409 4.490 100.428 5.892
201412 6.453 99.070 8.583
201503 5.188 99.621 6.863
201506 5.818 100.684 7.615
201509 6.294 100.392 8.262
201512 8.597 99.792 11.352
201603 6.053 100.470 7.939
201606 7.281 101.688 9.435
201609 8.048 101.861 10.412
201612 10.476 101.863 13.552
201703 7.050 102.862 9.032
201706 7.884 103.349 10.053
201709 8.167 104.136 10.335
201712 10.208 104.011 12.933
201803 6.979 105.290 8.735
201806 8.774 106.317 10.875
201809 9.245 106.507 11.438
201812 11.439 105.998 14.221
201903 8.399 107.251 10.320
201906 9.348 108.070 11.399
201909 10.264 108.329 12.486
201912 12.199 108.420 14.827
202003 8.515 108.902 10.304
202006 8.276 108.767 10.027
202009 9.141 109.815 10.969
202012 10.769 109.897 12.913
202103 8.599 111.754 10.140
202106 9.451 114.631 10.865
202109 10.287 115.734 11.713
202112 11.786 117.630 13.203
202203 9.925 121.301 10.782
202206 11.846 125.017 12.486
202209 13.975 125.227 14.706
202212 14.866 125.222 15.644
202303 11.748 127.348 12.157
202306 12.850 128.729 13.154
202309 13.949 129.860 14.155
202312 15.207 129.419 15.484
202403 13.216 131.776 13.216

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  (MIL:1MSI) 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 (MIL:1MSI) 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 (MIL:1MSI) Headlines

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