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Citizen Watch Co (Citizen Watch Co) Cyclically Adjusted PS Ratio : 0.80 (As of May. 01, 2024)


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What is Citizen Watch Co Cyclically Adjusted PS Ratio?

As of today (2024-05-01), Citizen Watch Co's current share price is $30.65. Citizen Watch Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $38.09. Citizen Watch Co's Cyclically Adjusted PS Ratio for today is 0.80.

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

CHCLY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.62   Max: 1.04
Current: 0.99

During the past years, Citizen Watch Co's highest Cyclically Adjusted PS Ratio was 1.04. The lowest was 0.28. And the median was 0.62.

CHCLY's Cyclically Adjusted PS Ratio is ranked worse than
58.6% of 442 companies
in the Conglomerates industry
Industry Median: 0.74 vs CHCLY: 0.99

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.

Citizen Watch Co's adjusted revenue per share data for the three months ended in Dec. 2023 was $12.245. 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 $38.09 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Citizen Watch Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Citizen Watch Co'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.

Citizen Watch Co Cyclically Adjusted PS Ratio Chart

Citizen Watch Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 0.39 0.40 0.54 0.77

Citizen Watch Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.59 0.77 0.85 0.89 0.80

Competitive Comparison of Citizen Watch Co's Cyclically Adjusted PS Ratio

For the Conglomerates subindustry, Citizen Watch Co'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.


Citizen Watch Co's Cyclically Adjusted PS Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Citizen Watch Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Citizen Watch Co 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.

Citizen Watch Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=30.65/38.09
=0.80

* 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.

Citizen Watch Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Citizen Watch Co's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=12.245/106.8000*106.8000
=12.245

Current CPI (Dec. 2023) = 106.8000.

Citizen Watch Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 11.531 95.700 12.868
201406 11.479 98.000 12.510
201409 11.500 98.500 12.469
201412 11.728 97.900 12.794
201503 10.487 97.900 11.440
201506 10.472 98.400 11.366
201509 11.668 98.500 12.651
201512 12.021 98.100 13.087
201603 11.058 97.900 12.063
201606 11.431 98.100 12.445
201609 12.065 98.000 13.148
201612 11.313 98.400 12.279
201703 10.321 98.100 11.236
201706 10.292 98.500 11.159
201709 11.446 98.800 12.373
201712 12.641 99.400 13.582
201803 11.227 99.200 12.087
201806 10.634 99.200 11.449
201809 11.197 99.900 11.970
201812 13.070 99.700 14.001
201903 10.440 99.700 11.183
201906 10.184 99.800 10.898
201909 11.053 100.100 11.793
201912 11.790 100.500 12.529
202003 7.960 100.300 8.476
202006 5.479 99.900 5.857
202009 7.897 99.900 8.442
202012 9.573 99.300 10.296
202103 8.167 99.900 8.731
202106 9.551 99.500 10.252
202109 10.147 100.100 10.826
202112 11.246 100.100 11.999
202203 9.143 101.100 9.658
202206 9.066 101.800 9.511
202209 9.111 103.100 9.438
202212 10.455 104.100 10.726
202303 9.436 104.400 9.653
202306 10.300 105.200 10.457
202309 11.128 106.200 11.191
202312 12.245 106.800 12.245

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.


Citizen Watch Co  (OTCPK:CHCLY) 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.


Citizen Watch Co Cyclically Adjusted PS Ratio Related Terms

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


Citizen Watch Co (Citizen Watch Co) Business Description

Traded in Other Exchanges
Address
6-1-12, Tanashi-cho, Nishi Tokyo-shi, Tokyo, JPN, 188-8511
Citizen Watch Co Ltd primarily manufactures watches, machine tools, devices, and electronic products that it sells worldwide. Its watches and clocks segment contributes more than half of the company's revenue and includes brands such as Citizen, Bulova, xC, Q&Q, and Attesa. Machine Tools, which consists mostly of automatic lathes, and Devices, which consists largely of auto parts, switches, Chip LEDs, micro LCDs, and quartz crystals, each comprise roughly 15%-20% of total revenue. Electronic Products, which includes printers, health care equipment, and calculators, and Other Products collectively account for the remaining revenue. Japan and Asia (excluding Japan) each account for roughly a third of the company's total sales. Most of the remaining sales are from America and Europe.

Citizen Watch Co (Citizen Watch Co) Headlines

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