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NVE (STU:NVK) Cyclically Adjusted PS Ratio : 11.27 (As of May. 23, 2024)


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What is NVE Cyclically Adjusted PS Ratio?

As of today (2024-05-23), NVE's current share price is €70.00. NVE's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €6.21. NVE's Cyclically Adjusted PS Ratio for today is 11.27.

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

STU:NVK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.77   Med: 11.18   Max: 20.69
Current: 11.03

During the past years, NVE's highest Cyclically Adjusted PS Ratio was 20.69. The lowest was 6.77. And the median was 11.18.

STU:NVK's Cyclically Adjusted PS Ratio is ranked worse than
90.48% of 683 companies
in the Semiconductors industry
Industry Median: 2.31 vs STU:NVK: 11.03

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.

NVE's adjusted revenue per share data for the three months ended in Mar. 2024 was €1.346. 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 €6.21 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


NVE Cyclically Adjusted PS Ratio Historical Data

The historical data trend for NVE'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.

NVE Cyclically Adjusted PS Ratio Chart

NVE Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.28 11.45 8.40 12.06 12.82

NVE 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 12.06 13.97 11.76 11.33 12.82

Competitive Comparison of NVE's Cyclically Adjusted PS Ratio

For the Semiconductors subindustry, NVE'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.


NVE's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

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

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



NVE 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=70.00/6.21
=11.27

* 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.

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

For example, NVE'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)
=1.346/131.7762*131.7762
=1.346

Current CPI (Mar. 2024) = 131.7762.

NVE Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.278 100.560 1.675
201409 1.317 100.428 1.728
201412 1.047 99.070 1.393
201503 1.436 99.621 1.900
201506 1.525 100.684 1.996
201509 1.335 100.392 1.752
201512 1.139 99.792 1.504
201603 1.132 100.470 1.485
201606 1.234 101.688 1.599
201609 1.345 101.861 1.740
201612 1.462 101.863 1.891
201703 1.324 102.862 1.696
201706 1.397 103.349 1.781
201709 1.211 104.136 1.532
201712 1.283 104.011 1.625
201803 1.322 105.290 1.655
201806 1.254 106.317 1.554
201809 1.326 106.507 1.641
201812 1.136 105.998 1.412
201903 1.019 107.251 1.252
201906 1.149 108.070 1.401
201909 1.218 108.329 1.482
201912 1.201 108.420 1.460
202003 1.149 108.902 1.390
202006 0.843 108.767 1.021
202009 0.769 109.815 0.923
202012 1.111 109.897 1.332
202103 1.019 111.754 1.202
202106 1.227 114.631 1.411
202109 1.199 115.734 1.365
202112 1.151 117.630 1.289
202203 1.262 121.301 1.371
202206 1.437 125.017 1.515
202209 2.241 125.227 2.358
202212 1.446 125.222 1.522
202303 2.472 127.348 2.558
202306 1.684 128.729 1.724
202309 1.381 129.860 1.401
202312 1.281 129.419 1.304
202403 1.346 131.776 1.346

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.


NVE  (STU:NVK) 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.


NVE Cyclically Adjusted PS Ratio Related Terms

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


NVE (STU:NVK) Business Description

Industry
Traded in Other Exchanges
Address
11409 Valley View Road, Eden Prarie, MN, USA, 55344
NVE Corp develops and sells devices that use spintronics, a nanotechnology that relies on electron spin. It manufactures high-performance spintronic products including sensors and couplers that are used to acquire and transmit data. The company's products include Digital sensors, Medical sensors, Rotation Sensors, GT Sensors, Angle Sensors, Analog sensors, MSOP Isolators, Passive-In Transceivers, and others. The company manufactures high-performance spintronic products including sensors and couplers. The company's designs are based on giant magnetoresistance GMR and tunneling magnetoresistance TMR combined with integrated circuitry.

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