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Cross Cat Co (TSE:2307) Cyclically Adjusted PS Ratio : 1.84 (As of Jun. 14, 2024)


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What is Cross Cat Co Cyclically Adjusted PS Ratio?

As of today (2024-06-14), Cross Cat Co's current share price is 円1311.00. Cross Cat Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円713.89. Cross Cat Co's Cyclically Adjusted PS Ratio for today is 1.84.

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

TSE:2307' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.66   Med: 1.2   Max: 2.73
Current: 1.86

During the past years, Cross Cat Co's highest Cyclically Adjusted PS Ratio was 2.73. The lowest was 0.66. And the median was 1.20.

TSE:2307's Cyclically Adjusted PS Ratio is ranked worse than
50.86% of 1457 companies
in the Software industry
Industry Median: 1.81 vs TSE:2307: 1.86

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.

Cross Cat Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円266.783. 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713.89 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cross Cat Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Cross Cat 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.

Cross Cat Co Cyclically Adjusted PS Ratio Chart

Cross Cat Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.01 0.72 1.03 2.02 1.94

Cross Cat Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.05 1.94 1.78 1.47 1.51

Competitive Comparison of Cross Cat Co's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, Cross Cat 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.


Cross Cat Co's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Cross Cat Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Cross Cat 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1311.00/713.89
=1.84

* 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.

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

For example, Cross Cat 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)
=266.783/106.8000*106.8000
=266.783

Current CPI (Dec. 2023) = 106.8000.

Cross Cat Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 144.273 95.700 161.007
201406 97.360 98.000 106.103
201409 129.627 98.500 140.550
201412 109.870 97.900 119.858
201503 137.447 97.900 149.942
201506 107.405 98.400 116.574
201509 141.876 98.500 153.831
201512 135.105 98.100 147.087
201603 163.655 97.900 178.533
201606 125.635 98.100 136.777
201609 165.752 98.000 180.636
201612 141.441 98.400 153.515
201703 171.325 98.100 186.519
201706 128.474 98.500 139.300
201709 146.356 98.800 158.207
201712 134.439 99.400 144.448
201803 174.167 99.200 187.510
201806 131.225 99.200 141.279
201809 155.480 99.900 166.219
201812 138.039 99.700 147.869
201903 170.755 99.700 182.915
201906 133.035 99.800 142.366
201909 168.515 100.100 179.794
201912 149.780 100.500 159.169
202003 186.130 100.300 198.192
202006 133.930 99.900 143.180
202009 152.735 99.900 163.284
202012 163.809 99.300 176.181
202103 190.960 99.900 204.149
202106 175.906 99.500 188.812
202109 199.046 100.100 212.369
202112 211.047 100.100 225.173
202203 221.618 101.100 234.113
202206 235.534 101.800 247.102
202209 228.144 103.100 236.332
202212 228.120 104.100 234.037
202303 229.409 104.400 234.683
202306 233.899 105.200 237.456
202309 255.619 106.200 257.063
202312 266.783 106.800 266.783

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.


Cross Cat Co  (TSE:2307) 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.


Cross Cat Co Cyclically Adjusted PS Ratio Related Terms

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


Cross Cat Co (TSE:2307) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1-2-70 Konan, Minato-ku, Shinagawa Season Terrace, Tokyo, JPN, 108-0075
Cross Cat Co Ltd provides an array of system solutions in the area of system development services and business intelligence. It provides system solutions and staffing services to the financial, credit, public, telecom, manufacturing, retail, and other sectors. It also offers staffing solutions such as employee dispatching and outsourcing services.

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