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JVCKenwood (JVCKenwood) Cyclically Adjusted PS Ratio : 0.35 (As of May. 20, 2024)


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What is JVCKenwood Cyclically Adjusted PS Ratio?

As of today (2024-05-20), JVCKenwood's current share price is $2.38. JVCKenwood's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $6.88. JVCKenwood's Cyclically Adjusted PS Ratio for today is 0.35.

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

JVCKF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.11   Max: 0.45
Current: 0.38

During the past years, JVCKenwood's highest Cyclically Adjusted PS Ratio was 0.45. The lowest was 0.06. And the median was 0.11.

JVCKF's Cyclically Adjusted PS Ratio is ranked better than
66.27% of 999 companies
in the Vehicles & Parts industry
Industry Median: 0.66 vs JVCKF: 0.38

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.

JVCKenwood's adjusted revenue per share data for the three months ended in Dec. 2023 was $4.181. 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 $6.88 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


JVCKenwood Cyclically Adjusted PS Ratio Historical Data

The historical data trend for JVCKenwood'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.

JVCKenwood Cyclically Adjusted PS Ratio Chart

JVCKenwood 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 0.09 0.10 0.09 0.18 -

JVCKenwood 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 0.18 0.23 0.32 0.35 -

Competitive Comparison of JVCKenwood's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, JVCKenwood'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.


JVCKenwood's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, JVCKenwood's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



JVCKenwood 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.38/6.88
=0.35

* 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.

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

For example, JVCKenwood'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)
=4.181/106.8000*106.8000
=4.181

Current CPI (Dec. 2023) = 106.8000.

JVCKenwood Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 6.063 95.700 6.766
201406 4.699 98.000 5.121
201409 4.625 98.500 5.015
201412 4.324 97.900 4.717
201503 4.676 97.900 5.101
201506 3.922 98.400 4.257
201509 4.328 98.500 4.693
201512 4.447 98.100 4.841
201603 4.949 97.900 5.399
201606 4.488 98.100 4.886
201609 4.998 98.000 5.447
201612 4.927 98.400 5.348
201703 5.231 98.100 5.695
201706 4.471 98.500 4.848
201709 4.973 98.800 5.376
201712 4.812 99.400 5.170
201803 5.680 99.200 6.115
201806 4.729 99.200 5.091
201809 4.516 99.900 4.828
201812 4.262 99.700 4.566
201903 4.447 99.700 4.764
201906 4.154 99.800 4.445
201909 4.146 100.100 4.424
201912 4.063 100.500 4.318
202003 4.075 100.300 4.339
202006 2.900 99.900 3.100
202009 3.845 99.900 4.111
202012 4.536 99.300 4.879
202103 4.418 99.900 4.723
202106 3.574 99.500 3.836
202109 3.323 100.100 3.545
202112 3.770 100.100 4.022
202203 4.466 101.100 4.718
202206 3.288 101.800 3.449
202209 3.672 103.100 3.804
202212 4.046 104.100 4.151
202303 4.082 104.400 4.176
202306 3.791 105.200 3.849
202309 3.884 106.200 3.906
202312 4.181 106.800 4.181

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.


JVCKenwood  (OTCPK:JVCKF) 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.


JVCKenwood Cyclically Adjusted PS Ratio Related Terms

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


JVCKenwood (JVCKenwood) Business Description

Traded in Other Exchanges
Address
3-12, Moriyacho, Kanagawa-ku, Kanagawa, Yokohama-shi, JPN, 221-0022
JVCKenwood Corp is involved in manufacturing and sale of electronic and entertainment products. Its Business divisions include Automotive Sector, Public Service Sector and Media Service Sector. The product portfolio of the company comprise of Car Navigation systems, Dashcams, Car Speakers, Security systems, Projectors and Audio and video contents among others.

JVCKenwood (JVCKenwood) Headlines

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