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Digital Garage (TSE:4819) Cyclically Adjusted PS Ratio : 2.59 (As of Jun. 09, 2024)


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What is Digital Garage Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Digital Garage's current share price is 円2283.00. Digital Garage's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円883.00. Digital Garage's Cyclically Adjusted PS Ratio for today is 2.59.

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

TSE:4819' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.59   Med: 5.2   Max: 7.33
Current: 2.59

During the past years, Digital Garage's highest Cyclically Adjusted PS Ratio was 7.33. The lowest was 2.59. And the median was 5.20.

TSE:4819's Cyclically Adjusted PS Ratio is ranked worse than
62.01% of 1461 companies
in the Software industry
Industry Median: 1.81 vs TSE:4819: 2.59

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.

Digital Garage's adjusted revenue per share data for the three months ended in Mar. 2024 was 円216.310. 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883.00 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Digital Garage Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Digital Garage'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.

Digital Garage Cyclically Adjusted PS Ratio Chart

Digital Garage Annual Data
Trend Jun15 Jun16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.14 6.24 5.57 5.09 3.75

Digital Garage 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 5.09 4.41 3.90 4.18 3.75

Competitive Comparison of Digital Garage's Cyclically Adjusted PS Ratio

For the Information Technology Services subindustry, Digital Garage'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.


Digital Garage's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



Digital Garage 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.

Digital Garage's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2283.00/883
=2.59

* 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.

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

For example, Digital Garage'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)
=216.31/107.2000*107.2000
=216.310

Current CPI (Mar. 2024) = 107.2000.

Digital Garage Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 209.845 98.000 229.545
201409 172.516 98.500 187.753
201412 207.211 97.900 226.895
201503 177.804 97.900 194.694
201506 250.927 98.400 273.368
201509 219.112 98.500 238.465
201512 201.495 98.100 220.186
201603 246.511 97.900 269.928
201606 260.266 98.100 284.409
201609 244.883 98.000 267.872
201612 259.039 98.400 282.205
201703 268.222 98.100 293.103
201706 276.645 98.500 301.080
201709 329.563 98.800 357.583
201712 319.531 99.400 344.605
201803 -386.206 99.200 -417.352
201806 179.354 99.200 193.818
201809 202.114 99.900 216.883
201812 166.382 99.700 178.898
201903 176.959 99.700 190.271
201906 161.435 99.800 173.405
201909 223.280 100.100 239.117
201912 178.038 100.500 189.907
202003 162.003 100.300 173.148
202006 149.340 99.900 160.253
202009 241.218 99.900 258.845
202012 184.860 99.300 199.567
202103 230.226 99.900 247.049
202106 212.012 99.500 228.419
202109 571.616 100.100 612.160
202112 251.209 100.100 269.027
202203 298.344 101.100 316.345
202206 339.888 101.800 357.917
202209 -67.114 103.100 -69.783
202212 165.231 104.100 170.151
202303 167.875 104.400 172.377
202306 258.174 105.200 263.082
202309 200.928 106.200 202.820
202312 115.248 106.800 115.680
202403 216.310 107.200 216.310

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.


Digital Garage  (TSE:4819) 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.


Digital Garage Cyclically Adjusted PS Ratio Related Terms

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


Digital Garage (TSE:4819) Business Description

Industry
Traded in Other Exchanges
Address
Daikanyama DG Bldg., Tokyo, JPN
Digital Garage Inc integrates three technologies--information technology, marketing technology, and financial technology--into one solution that it provides to its business customers. The company operates three primary business segments. The incubation segment invests in and develops startups and new businesses. The marketing segment provides advertising and promotion solutions that reach consumers. The financial segment offers payment solutions to monetize Internet businesses. The marketing and financial segments provide most of the company's revenue. Digital Garage operates primarily in Japan.

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