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Sony Group (LSE:SON) Cyclically Adjusted PS Ratio : (As of May. 25, 2024)


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What is Sony Group Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sony Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sony Group'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.

Sony Group Cyclically Adjusted PS Ratio Chart

Sony Group 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 0.93 1.70 1.81 1.60 1.63

Sony Group 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 1.60 1.70 1.58 1.71 1.63

Competitive Comparison of Sony Group's Cyclically Adjusted PS Ratio

For the Consumer Electronics subindustry, Sony Group'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.


Sony Group's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Sony Group 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.

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

For example, Sony Group'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)
=3335.281/107.2000*107.2000
=3,335.281

Current CPI (Mar. 2024) = 107.2000.

Sony Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1,548.894 98.000 1,694.300
201409 1,821.929 98.500 1,982.851
201412 2,459.326 97.900 2,692.949
201503 1,856.615 97.900 2,032.984
201506 1,732.388 98.400 1,887.317
201509 1,813.525 98.500 1,973.704
201512 2,472.800 98.100 2,702.183
201603 1,747.759 97.900 1,913.787
201606 1,545.684 98.100 1,689.065
201609 1,618.262 98.000 1,770.180
201612 2,297.159 98.400 2,502.596
201703 1,823.935 98.100 1,993.128
201706 1,780.347 98.500 1,937.596
201709 1,976.210 98.800 2,144.228
201712 2,560.475 99.400 2,761.398
201803 1,869.367 99.200 2,020.122
201806 1,871.861 99.200 2,022.818
201809 2,091.407 99.900 2,244.233
201812 2,301.285 99.700 2,474.401
201903 2,038.458 99.700 2,191.802
201906 1,845.129 99.800 1,981.942
201909 2,033.438 100.100 2,177.668
201912 2,360.074 100.500 2,517.412
202003 1,675.552 100.300 1,790.819
202006 1,880.796 99.900 2,018.232
202009 2,017.014 99.900 2,164.403
202012 2,581.227 99.300 2,786.581
202103 2,143.013 99.900 2,299.610
202106 2,162.390 99.500 2,329.731
202109 2,270.203 100.100 2,431.226
202112 2,904.453 100.100 3,110.463
202203 2,169.234 101.100 2,300.118
202206 2,136.440 101.800 2,249.768
202209 2,515.583 103.100 2,615.621
202212 2,949.471 104.100 3,037.303
202303 3,455.378 104.400 3,548.051
202306 2,839.618 105.200 2,893.603
202309 2,710.240 106.200 2,735.760
202312 3,590.686 106.800 3,604.134
202403 3,335.281 107.200 3,335.281

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.


Sony Group  (LSE:SON) 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.


Sony Group Cyclically Adjusted PS Ratio Related Terms

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


Sony Group (LSE:SON) Business Description

Industry
Address
7-1, Konan 1-Chome, Minato-ku, Tokyo, JPN, 108-0075
Sony Group is a conglomerate with consumer electronics roots, which not only designs, develops, produces, and sells electronic equipment and devices, but also is engaged in content businesses, such as console and mobile games, music, and movies. Sony is a global top company of CMOS image sensors, game consoles, professional broadcasting cameras, and music publishing, and is one of the top players on digital cameras, wireless earphones, recorded music, movies, and so on. Sony's business portfolio is well diversified with six major business segments. The company fully consolidated Sony Financial in September 2020, which provides life and non-life insurance, banking, and other financial services.