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Konica Minolta (TSE:4902) Cyclically Adjusted PS Ratio : 0.21 (As of May. 26, 2024)


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What is Konica Minolta Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Konica Minolta's current share price is 円455.70. Konica Minolta's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円2,180.76. Konica Minolta's Cyclically Adjusted PS Ratio for today is 0.21.

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

TSE:4902' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.38   Max: 0.84
Current: 0.21

During the past years, Konica Minolta's highest Cyclically Adjusted PS Ratio was 0.84. The lowest was 0.14. And the median was 0.38.

TSE:4902's Cyclically Adjusted PS Ratio is ranked better than
93.66% of 2194 companies
in the Industrial Products industry
Industry Median: 1.43 vs TSE:4902: 0.21

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.

Konica Minolta's adjusted revenue per share data for the three months ended in Mar. 2024 was 円635.849. 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2,180.76 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Konica Minolta Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Konica Minolta'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.

Konica Minolta Cyclically Adjusted PS Ratio Chart

Konica Minolta 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 0.32 0.26 0.27 0.23

Konica Minolta 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 0.27 0.24 0.23 0.19 0.23

Competitive Comparison of Konica Minolta's Cyclically Adjusted PS Ratio

For the Business Equipment & Supplies subindustry, Konica Minolta'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.


Konica Minolta's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Konica Minolta's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Konica Minolta 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.

Konica Minolta's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=455.70/2180.76
=0.21

* 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.

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

For example, Konica Minolta'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)
=635.849/107.2000*107.2000
=635.849

Current CPI (Mar. 2024) = 107.2000.

Konica Minolta Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 442.620 98.000 484.172
201409 487.609 98.500 530.677
201412 503.822 97.900 551.683
201503 545.909 97.900 597.768
201506 496.003 98.400 540.361
201509 520.532 98.500 566.508
201512 513.390 98.100 561.013
201603 542.228 97.900 593.737
201606 461.159 98.100 503.937
201609 468.562 98.000 512.549
201612 478.174 98.400 520.938
201703 528.965 98.100 578.033
201706 467.460 98.500 508.748
201709 515.434 98.800 559.256
201712 528.008 99.400 569.441
201803 564.313 99.200 609.822
201806 514.445 99.200 555.933
201809 527.771 99.900 566.337
201812 524.917 99.700 564.404
201903 566.968 99.700 609.619
201906 488.676 99.800 524.910
201909 515.154 100.100 551.693
201912 502.669 100.500 536.180
202003 503.280 100.300 537.902
202006 349.832 99.900 375.395
202009 426.840 99.900 458.031
202012 463.967 99.300 500.879
202103 503.402 99.900 540.187
202106 464.396 99.500 500.334
202109 436.099 100.100 467.031
202112 438.452 100.100 469.551
202203 506.240 101.100 536.785
202206 502.037 101.800 528.668
202209 571.239 103.100 593.956
202212 586.044 104.100 603.496
202303 626.387 104.400 643.187
202306 539.329 105.200 549.582
202309 577.966 106.200 583.408
202312 583.442 106.800 585.627
202403 635.849 107.200 635.849

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.


Konica Minolta  (TSE:4902) 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.


Konica Minolta Cyclically Adjusted PS Ratio Related Terms

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


Konica Minolta (TSE:4902) Business Description

Traded in Other Exchanges
Address
JP Tower, 2-7-2 Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-7015
Konica Minolta is a Japanese equipment and material manufacturer that operates globally, generating most of its revenue in Europe, North America and Japan. The company is divided into the office, professional print, healthcare, and the industrial segments. The office business (which includes office tools such as printers as well as IT solutions) is the biggest contributor to revenue, followed by the professional print business (which includes commercial and industrial print systems). The industrial business focuses on development, manufacture, and sales of performance materials and optical systems for industrial use. The healthcare segment provides X-ray diagnostics systems, ultrasound diagnostics tools, and medical IT services.

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