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NPC (TSE:6255) Cyclically Adjusted PS Ratio : 2.45 (As of May. 26, 2024)


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What is NPC Cyclically Adjusted PS Ratio?

As of today (2024-05-26), NPC's current share price is 円869.00. NPC's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was 円354.61. NPC's Cyclically Adjusted PS Ratio for today is 2.45.

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

TSE:6255' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.43   Med: 1.37   Max: 2.88
Current: 2.45

During the past years, NPC's highest Cyclically Adjusted PS Ratio was 2.88. The lowest was 0.43. And the median was 1.37.

TSE:6255's Cyclically Adjusted PS Ratio is ranked worse than
69.14% of 2194 companies
in the Industrial Products industry
Industry Median: 1.43 vs TSE:6255: 2.45

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.

NPC's adjusted revenue per share data for the three months ended in Feb. 2024 was 円132.696. 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354.61 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


NPC Cyclically Adjusted PS Ratio Historical Data

The historical data trend for NPC'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.

NPC Cyclically Adjusted PS Ratio Chart

NPC Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.95 2.05 1.96 1.90

NPC Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 1.38 1.65 1.90 2.31 1.91

Competitive Comparison of NPC's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, NPC'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.


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

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

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



NPC 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=869.00/354.61
=2.45

* 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.

NPC's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, NPC's adjusted Revenue per Share data for the three months ended in Feb. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=132.696/106.9000*106.9000
=132.696

Current CPI (Feb. 2024) = 106.9000.

NPC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 172.012 98.100 187.442
201408 210.390 98.300 228.796
201411 191.402 97.900 208.998
201502 94.402 97.600 103.397
201505 41.327 98.700 44.760
201508 96.837 98.400 105.202
201511 18.683 98.100 20.359
201602 12.487 97.800 13.649
201605 8.428 98.200 9.175
201608 141.640 97.900 154.661
201611 20.373 98.600 22.088
201702 82.885 98.100 90.320
201705 73.362 98.600 79.538
201708 39.470 98.500 42.836
201711 71.092 99.100 76.688
201802 83.515 99.500 89.726
201805 56.643 99.300 60.978
201808 80.973 99.800 86.734
201811 61.789 100.000 66.052
201902 30.693 99.700 32.910
201905 58.730 100.000 62.782
201908 160.723 100.000 171.813
201911 32.147 100.500 34.194
202002 67.788 100.300 72.249
202005 73.385 100.100 78.370
202008 188.181 100.100 200.965
202011 17.426 99.500 18.722
202102 247.034 99.800 264.609
202105 63.338 99.400 68.117
202108 29.297 99.700 31.413
202111 32.059 100.100 34.237
202202 41.650 100.700 44.214
202205 114.274 101.800 119.999
202208 15.516 102.700 16.151
202211 37.146 103.900 38.219
202302 160.143 104.000 164.609
202305 53.133 105.100 54.043
202308 182.695 105.900 184.420
202311 30.006 106.900 30.006
202402 132.696 106.900 132.696

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.


NPC  (TSE:6255) 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.


NPC Cyclically Adjusted PS Ratio Related Terms

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


NPC (TSE:6255) Business Description

Industry
Traded in Other Exchanges
Address
1-7-15 Higashi-ueno, Taito-ku, Tokyo, JPN, 110-0015
NPC Inc is a Japan-based company primarily engaged in the photovoltaic manufacturing equipment business. The products offered by the company include photovoltaic module manufacturing equipment such as cell tester, tabbing and stringing machine, layup machine, module laminator, module tester, laser inspection machine and other machines. It also offers comprehensive service for equipment for reuse. In addition, the group offers sealing and other vacuum packing machines to the users in various industries. It provides contract assembly service for PV modules by utilizing its own module manufacturing assembly line.

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