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Niterra Co (STU:NGK) Cyclically Adjusted PS Ratio : 2.03 (As of Jun. 07, 2024)


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What is Niterra Co Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Niterra Co's current share price is €27.20. Niterra Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €13.41. Niterra Co's Cyclically Adjusted PS Ratio for today is 2.03.

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

STU:NGK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.77   Med: 1.3   Max: 2.33
Current: 2.06

During the past years, Niterra Co's highest Cyclically Adjusted PS Ratio was 2.33. The lowest was 0.77. And the median was 1.30.

STU:NGK's Cyclically Adjusted PS Ratio is ranked worse than
78.23% of 1006 companies
in the Vehicles & Parts industry
Industry Median: 0.66 vs STU:NGK: 2.06

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.

Niterra Co's adjusted revenue per share data for the three months ended in Mar. 2024 was €4.854. 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 €13.41 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Niterra Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Niterra 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.

Niterra Co Cyclically Adjusted PS Ratio Chart

Niterra Co 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 0.89 1.07 1.04 1.31 2.24

Niterra Co 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 1.31 1.35 1.54 1.50 2.24

Competitive Comparison of Niterra Co's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, Niterra 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.


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

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

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



Niterra 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=27.20/13.41
=2.03

* 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.

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

For example, Niterra Co'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)
=4.854/107.2000*107.2000
=4.854

Current CPI (Mar. 2024) = 107.2000.

Niterra Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.802 98.000 3.065
201409 2.802 98.500 3.049
201412 2.775 97.900 3.039
201503 3.166 97.900 3.467
201506 3.112 98.400 3.390
201509 3.338 98.500 3.633
201512 3.326 98.100 3.635
201603 3.484 97.900 3.815
201606 3.537 98.100 3.865
201609 3.588 98.000 3.925
201612 3.478 98.400 3.789
201703 3.902 98.100 4.264
201706 3.700 98.500 4.027
201709 3.599 98.800 3.905
201712 3.718 99.400 4.010
201803 3.844 99.200 4.154
201806 3.989 99.200 4.311
201809 3.762 99.900 4.037
201812 4.019 99.700 4.321
201903 4.159 99.700 4.472
201906 4.263 99.800 4.579
201909 4.330 100.100 4.637
201912 4.279 100.500 4.564
202003 4.282 100.300 4.577
202006 3.111 99.900 3.338
202009 4.459 99.900 4.785
202012 4.576 99.300 4.940
202103 4.578 99.900 4.913
202106 4.392 99.500 4.732
202109 4.401 100.100 4.713
202112 4.734 100.100 5.070
202203 5.025 101.100 5.328
202206 4.763 101.800 5.016
202209 4.922 103.100 5.118
202212 4.823 104.100 4.967
202303 4.927 104.400 5.059
202306 4.752 105.200 4.842
202309 4.795 106.200 4.840
202312 4.905 106.800 4.923
202403 4.854 107.200 4.854

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.


Niterra Co  (STU:NGK) 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.


Niterra Co Cyclically Adjusted PS Ratio Related Terms

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


Niterra Co (STU:NGK) Business Description

Traded in Other Exchanges
Address
14-18, Takatsuji-cho, Mizuho-ku, Nagoya, JPN, 467-8525
Niterra Co Ltd is a producer of spark plugs for internal combustion engines in the automotive industry and various ceramic products and tools. Under its two brands NGK Spark Plugs and NTK Technical Ceramics, the company produces spark plugs, glow plugs, sensors, semiconductor packages, cutting tools, medical products, and fine ceramics. NGK's largest end markets are Asia including Japan, North America, and Europe. The company produces in Japan and Brazil, while subsidiaries across the globe assemble and sell parts in their respective regions. The automotive components division generates the lion's share of sales for NGK Spark Plug.

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