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Semtech (Semtech) Cyclically Adjusted PS Ratio : 3.21 (As of Apr. 27, 2024)


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What is Semtech Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Semtech's current share price is $35.77. Semtech's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was $11.16. Semtech's Cyclically Adjusted PS Ratio for today is 3.21.

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

SMTC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.31   Med: 4.7   Max: 9.49
Current: 3.11

During the past years, Semtech's highest Cyclically Adjusted PS Ratio was 9.49. The lowest was 1.31. And the median was 4.70.

SMTC's Cyclically Adjusted PS Ratio is ranked worse than
61.25% of 671 companies
in the Semiconductors industry
Industry Median: 2.25 vs SMTC: 3.11

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.

Semtech's adjusted revenue per share data for the three months ended in Jan. 2024 was $2.998. 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 $11.16 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Semtech Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Semtech'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.

Semtech Cyclically Adjusted PS Ratio Chart

Semtech Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.46 7.88 7.14 3.10 1.78

Semtech Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 3.10 1.79 2.65 1.25 1.78

Competitive Comparison of Semtech's Cyclically Adjusted PS Ratio

For the Semiconductors subindustry, Semtech'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.


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

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

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



Semtech 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=35.77/11.16
=3.21

* 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.

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

For example, Semtech's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=2.998/129.4194*129.4194
=2.998

Current CPI (Jan. 2024) = 129.4194.

Semtech Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 1.955 100.023 2.530
201407 2.148 100.520 2.766
201410 2.201 100.176 2.844
201501 1.936 98.604 2.541
201504 1.950 99.824 2.528
201507 1.907 100.691 2.451
201510 1.776 100.346 2.291
201601 1.822 99.957 2.359
201604 2.001 100.947 2.565
201607 2.062 101.524 2.629
201610 2.072 101.988 2.629
201701 2.098 102.456 2.650
201704 2.134 103.167 2.677
201707 2.270 103.278 2.845
201710 2.216 104.070 2.756
201801 2.075 104.578 2.568
201804 1.913 105.708 2.342
201807 2.369 106.324 2.884
201810 2.525 106.695 3.063
201901 2.343 106.200 2.855
201904 1.932 107.818 2.319
201907 2.024 108.250 2.420
201910 2.095 108.577 2.497
202001 2.066 108.841 2.457
202004 2.005 108.173 2.399
202007 2.177 109.318 2.577
202010 2.336 109.861 2.752
202101 2.492 110.364 2.922
202104 2.577 112.673 2.960
202107 2.821 115.183 3.170
202110 2.985 116.696 3.310
202201 2.920 118.619 3.186
202204 3.132 121.978 3.323
202207 3.271 125.002 3.387
202210 2.782 125.734 2.864
202301 2.620 126.223 2.686
202304 3.700 127.992 3.741
202307 3.724 128.974 3.737
202310 3.128 129.810 3.119
202401 2.998 129.419 2.998

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.


Semtech  (NAS:SMTC) 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.


Semtech Cyclically Adjusted PS Ratio Related Terms

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


Semtech (Semtech) Business Description

Industry
Traded in Other Exchanges
Address
200 Flynn Road, Camarillo, CA, USA, 93012-8790
Semtech Corp is engaged in designing, developing, manufacturing and marketing analog and mixed-signal semiconductors, algorithms and wireless semiconductors, connectivity modules, gateways, routers and connected services for IoT. The company operates in four reportable segments' 1) Signal Integrity, 2) Advanced Protection and Sensing, 3) IoT System and 4) IoT Connected Services. The majority of the company's revenue is earned through Advanced Protection and Sensing Products segment. Geographically majority of the company's revenue is earned from Asia Pacific region.
Executives
Sylvia Summers director 200 FLYNN ROAD, CAMARILLO CA 93012
Mark Lin officer: EVP and CFO 200 FLYNN ROAD, CAMARILLO CA 93012
Michael W Rodensky officer: VP 200 FLYNN ROAD, CAMARILLO CA 93012
Walsh Paul V Jr director 200 FLYNN ROAD, CAMARILLO CA 93012
Hong Q Hou director, Board of Directors
Paul H Pickle director, officer: President and CEO 200 FLYNN ROAD, CAMARILLO CA 93012
Gregory Michael Fischer director 200 FLYNN ROAD, CAMARILLO CA 93012
William Ross Gray officer: VP 200 FLYNN ROAD, CAMARILLO CA 93012
Thomas John Mueller officer: EVP 200 FLYNN ROAD, CAMARILLO CA 93012
Asaf Silberstein officer: Vice President 200 FLYNN ROAD, CAMARILLO CA 93012-8079
Julie Anne Mcgee officer: SVP and CMO 200 FLYNN ROAD, CAMARILLO CA 93012
John Michael Wilson officer: Vice President SEMTECH CORPORATION, 200 FLYNN ROAD, CAMARILLO CA 93012-8790
Christopher H Chang officer: SVP 200 FLYNN ROAD, CAMARILLO CA 93012-8790
Mohan Maheswaran director, officer: President and CEO 200 FLYNN ROAD, CAMARILLO CA 93012
Emeka Chukwu officer: VP - Chief Financial Officer 200 FLYNN ROAD, CAMARILLO CA 93012-8790

Semtech (Semtech) Headlines

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