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Tachi-S Co (Tachi-S Co) Cyclically Adjusted PS Ratio : 0.30 (As of Jun. 04, 2024)


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What is Tachi-S Co Cyclically Adjusted PS Ratio?

As of today (2024-06-04), Tachi-S Co's current share price is $13.60. Tachi-S Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $45.11. Tachi-S Co's Cyclically Adjusted PS Ratio for today is 0.30.

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

TCISF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.18   Max: 0.32
Current: 0.25

During the past years, Tachi-S Co's highest Cyclically Adjusted PS Ratio was 0.32. The lowest was 0.11. And the median was 0.18.

TCISF's Cyclically Adjusted PS Ratio is ranked better than
77.97% of 1003 companies
in the Vehicles & Parts industry
Industry Median: 0.68 vs TCISF: 0.25

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.

Tachi-S Co's adjusted revenue per share data for the three months ended in Dec. 2023 was $15.926. 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 $45.11 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tachi-S Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Tachi-S 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.

Tachi-S Co Cyclically Adjusted PS Ratio Chart

Tachi-S 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 0.13 0.16 0.13 0.16 -

Tachi-S 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 0.16 0.20 0.22 0.22 -

Competitive Comparison of Tachi-S Co's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, Tachi-S 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.


Tachi-S Co's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

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

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



Tachi-S 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.

Tachi-S Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.60/45.11
=0.30

* 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.

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

For example, Tachi-S 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)
=15.926/106.8000*106.8000
=15.926

Current CPI (Dec. 2023) = 106.8000.

Tachi-S Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 16.616 95.700 18.543
201406 15.512 98.000 16.905
201409 15.308 98.500 16.598
201412 13.934 97.900 15.201
201503 16.721 97.900 18.241
201506 14.598 98.400 15.844
201509 16.151 98.500 17.512
201512 17.327 98.100 18.864
201603 19.039 97.900 20.770
201606 17.188 98.100 18.712
201609 18.841 98.000 20.533
201612 17.800 98.400 19.320
201703 19.297 98.100 21.008
201706 17.245 98.500 18.698
201709 18.253 98.800 19.731
201712 18.433 99.400 19.805
201803 21.886 99.200 23.563
201806 18.765 99.200 20.203
201809 19.065 99.900 20.382
201812 19.120 99.700 20.482
201903 19.527 99.700 20.918
201906 19.544 99.800 20.915
201909 19.416 100.100 20.716
201912 18.091 100.500 19.225
202003 18.827 100.300 20.047
202006 10.325 99.900 11.038
202009 11.521 99.900 12.317
202012 16.446 99.300 17.688
202103 16.268 99.900 17.392
202106 13.028 99.500 13.984
202109 12.217 100.100 13.035
202112 12.332 100.100 13.157
202203 15.437 101.100 16.307
202206 10.861 101.800 11.394
202209 11.851 103.100 12.276
202212 14.057 104.100 14.422
202303 15.416 104.400 15.770
202306 14.052 105.200 14.266
202309 13.758 106.200 13.836
202312 15.926 106.800 15.926

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.


Tachi-S Co  (OTCPK:TCISF) 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.


Tachi-S Co Cyclically Adjusted PS Ratio Related Terms

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


Tachi-S Co (Tachi-S Co) Business Description

Traded in Other Exchanges
Address
3-3-7, Matsubara-cho, Akishima-shi, Tokyo, JPN, 196-8611
Tachi-S Co., Ltd. is a seat systems manufacturer for automotive seats, originally from Japan. Its product portfolio includes: springs, automotive seats, frames, mechanisms, foam, and soft trim. Tachi-S generates sales in Japan, China, Latin America, and North America. The company has joint ventures and technical collaboration with companies in Europe, Asia, Mexico, and North America.

Tachi-S Co (Tachi-S Co) Headlines

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