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Cluster Technology Co (TSE:4240) Cyclically Adjusted PS Ratio : 2.10 (As of May. 22, 2024)


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What is Cluster Technology Co Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Cluster Technology Co's current share price is 円309.00. Cluster Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円147.13. Cluster Technology Co's Cyclically Adjusted PS Ratio for today is 2.10.

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

TSE:4240' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.94   Med: 2.74   Max: 4.73
Current: 2.13

During the past years, Cluster Technology Co's highest Cyclically Adjusted PS Ratio was 4.73. The lowest was 1.94. And the median was 2.74.

TSE:4240's Cyclically Adjusted PS Ratio is ranked worse than
71.36% of 1924 companies
in the Hardware industry
Industry Median: 1.07 vs TSE:4240: 2.13

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.

Cluster Technology Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円37.594. 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147.13 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cluster Technology Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Cluster Technology 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.

Cluster Technology Co Cyclically Adjusted PS Ratio Chart

Cluster Technology 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 2.81 2.37 2.93 2.60 2.48

Cluster Technology 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 2.64 2.48 2.47 2.57 2.52

Competitive Comparison of Cluster Technology Co's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Cluster Technology 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.


Cluster Technology Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Cluster Technology 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=309.00/147.13
=2.10

* 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.

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

For example, Cluster Technology 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)
=37.594/106.8000*106.8000
=37.594

Current CPI (Dec. 2023) = 106.8000.

Cluster Technology Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 29.060 95.700 32.431
201406 27.421 98.000 29.883
201409 30.796 98.500 33.391
201412 33.699 97.900 36.763
201503 26.077 97.900 28.448
201506 33.330 98.400 36.175
201509 30.438 98.500 33.003
201512 27.214 98.100 29.627
201603 33.911 97.900 36.994
201606 24.009 98.100 26.138
201609 31.107 98.000 33.900
201612 32.200 98.400 34.949
201703 31.176 98.100 33.941
201706 31.538 98.500 34.196
201709 32.189 98.800 34.795
201712 29.583 99.400 31.785
201803 37.272 99.200 40.128
201806 32.249 99.200 34.720
201809 34.777 99.900 37.179
201812 41.740 99.700 44.712
201903 37.971 99.700 40.675
201906 33.379 99.800 35.720
201909 37.259 100.100 39.753
201912 36.627 100.500 38.923
202003 39.523 100.300 42.084
202006 25.357 99.900 27.108
202009 28.247 99.900 30.198
202012 34.535 99.300 37.143
202103 41.271 99.900 44.122
202106 37.098 99.500 39.820
202109 40.013 100.100 42.691
202112 41.991 100.100 44.802
202203 40.038 101.100 42.295
202206 36.792 101.800 38.599
202209 40.422 103.100 41.873
202212 38.019 104.100 39.005
202303 47.256 104.400 48.342
202306 38.089 105.200 38.668
202309 38.473 106.200 38.690
202312 37.594 106.800 37.594

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.


Cluster Technology Co  (TSE:4240) 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.


Cluster Technology Co Cyclically Adjusted PS Ratio Related Terms

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


Cluster Technology Co (TSE:4240) Business Description

Traded in Other Exchanges
N/A
Address
5-28, 4-chome, Shibukawa-cho Higashi Osaka, Osaka prefecture, Osaka, JPN, 577-0836
Cluster Technology Co Ltd develops and manufactures composite materials and Nano-micromachining including metal mold making. It also manufactures and sale molding dies, plastic molding materials. Its nanotechnology/microtechnology business products include sensor holders for autofocus of digital single lens reflex cameras, peripheral parts of image sensors, base parts of inkjet heads.

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