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Yurtec (TSE:1934) Cyclically Adjusted PS Ratio : 0.53 (As of Jun. 02, 2024)


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What is Yurtec Cyclically Adjusted PS Ratio?

As of today (2024-06-02), Yurtec's current share price is 円1644.00. Yurtec's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円3,105.63. Yurtec's Cyclically Adjusted PS Ratio for today is 0.53.

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

TSE:1934' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.28   Max: 0.53
Current: 0.53

During the past years, Yurtec's highest Cyclically Adjusted PS Ratio was 0.53. The lowest was 0.19. And the median was 0.28.

TSE:1934's Cyclically Adjusted PS Ratio is ranked better than
57.98% of 1285 companies
in the Construction industry
Industry Median: 0.64 vs TSE:1934: 0.53

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.

Yurtec's adjusted revenue per share data for the three months ended in Dec. 2023 was 円937.366. 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 円3,105.63 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yurtec Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Yurtec'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.

Yurtec Cyclically Adjusted PS Ratio Chart

Yurtec 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 0.23 0.30 0.25 0.28 -

Yurtec 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 0.28 0.29 0.31 0.36 -

Competitive Comparison of Yurtec's Cyclically Adjusted PS Ratio

For the Engineering & Construction subindustry, Yurtec'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.


Yurtec's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Yurtec's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Yurtec 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1644.00/3105.63
=0.53

* 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.

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

For example, Yurtec'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)
=937.366/106.8000*106.8000
=937.366

Current CPI (Dec. 2023) = 106.8000.

Yurtec Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 811.913 95.700 906.085
201406 431.314 98.000 470.044
201409 718.039 98.500 778.544
201412 719.798 97.900 785.234
201503 866.520 97.900 945.295
201506 551.803 98.400 598.908
201509 677.635 98.500 734.735
201512 670.131 98.100 729.562
201603 848.067 97.900 925.164
201606 537.130 98.100 584.765
201609 742.094 98.000 808.731
201612 708.121 98.400 768.570
201703 854.885 98.100 930.700
201706 526.993 98.500 571.400
201709 667.266 98.800 721.296
201712 639.174 99.400 686.758
201803 943.200 99.200 1,015.461
201806 572.707 99.200 616.584
201809 687.418 99.900 734.897
201812 680.258 99.700 728.702
201903 912.981 99.700 977.998
201906 541.286 99.800 579.252
201909 720.946 100.100 769.201
201912 664.900 100.500 706.580
202003 908.157 100.300 967.011
202006 508.013 99.900 543.101
202009 626.753 99.900 670.042
202012 711.843 99.300 765.608
202103 909.429 99.900 972.242
202106 615.109 99.500 660.238
202109 765.277 100.100 816.499
202112 862.976 100.100 920.738
202203 907.316 101.100 958.470
202206 614.386 101.800 644.562
202209 786.119 103.100 814.331
202212 853.665 104.100 875.806
202303 922.494 104.400 943.701
202306 676.211 105.200 686.496
202309 801.058 106.200 805.584
202312 937.366 106.800 937.366

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.


Yurtec  (TSE:1934) 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.


Yurtec Cyclically Adjusted PS Ratio Related Terms

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


Yurtec (TSE:1934) Business Description

Industry
Traded in Other Exchanges
N/A
Address
4-1-1 Tsutsujigaoka, Sendai, Miyagi, JPN, 983-8622
Yurtec Corp is an engineering and construction company. It constructs, maintains and repairs electric power facilities of Tohoku Electric Power Co., Ltd. Its services include air conditioning equipment, plumbing sanitation facilities, information and communication equipment of various facilities and are also responsible for safety and security. It also deals with company transmission and transformation, construction and maintenance of power distribution equipment, construction related to information communication networks, and more. The company mainly operates in Japan.

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