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Seiko Epson (TSE:6724) Cyclically Adjusted PS Ratio : 2.23 (As of Jun. 05, 2024)


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What is Seiko Epson Cyclically Adjusted PS Ratio?

As of today (2024-06-05), Seiko Epson's current share price is 円2537.00. Seiko Epson's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円1,137.60. Seiko Epson's Cyclically Adjusted PS Ratio for today is 2.23.

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

TSE:6724' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.66   Med: 2.21   Max: 3.39
Current: 2.22

During the past years, Seiko Epson's highest Cyclically Adjusted PS Ratio was 3.39. The lowest was 0.66. And the median was 2.21.

TSE:6724's Cyclically Adjusted PS Ratio is ranked worse than
71.8% of 1922 companies
in the Hardware industry
Industry Median: 1.1 vs TSE:6724: 2.22

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.

Seiko Epson's adjusted revenue per share data for the three months ended in Mar. 2024 was 円970.224. 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1,137.60 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Seiko Epson Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Seiko Epson'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.

Seiko Epson Cyclically Adjusted PS Ratio Chart

Seiko Epson 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 1.58 2.35 2.12 1.83 2.33

Seiko Epson 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 1.83 2.11 2.15 1.89 2.33

Competitive Comparison of Seiko Epson's Cyclically Adjusted PS Ratio

For the Computer Hardware subindustry, Seiko Epson'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.


Seiko Epson's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Seiko Epson 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.

Seiko Epson's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2537.00/1137.6
=2.23

* 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.

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

For example, Seiko Epson'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)
=970.224/107.2000*107.2000
=970.224

Current CPI (Mar. 2024) = 107.2000.

Seiko Epson Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 688.294 98.000 752.909
201409 745.010 98.500 810.813
201412 844.090 97.900 924.274
201503 758.949 97.900 831.045
201506 729.266 98.400 794.485
201509 788.389 98.500 858.023
201512 822.978 98.100 899.319
201603 712.903 97.900 780.625
201606 671.808 98.100 734.127
201609 705.280 98.000 771.490
201612 789.956 98.400 860.602
201703 735.243 98.100 803.446
201706 723.333 98.500 787.221
201709 773.531 98.800 839.297
201712 869.015 99.400 937.207
201803 -20,529.603 99.200 -22,185.216
201806 739.298 99.200 798.919
201809 771.718 99.900 828.110
201812 841.939 99.700 905.274
201903 739.724 99.700 795.370
201906 711.225 99.800 763.961
201909 768.017 100.100 822.492
201912 808.604 100.500 862.511
202003 715.604 100.300 764.833
202006 558.519 99.900 599.332
202009 710.572 99.900 762.496
202012 805.830 99.300 869.939
202103 803.236 99.900 861.931
202106 815.305 99.500 878.399
202109 775.554 100.100 830.563
202112 855.606 100.100 916.293
202203 815.231 101.100 864.419
202206 860.612 101.800 906.263
202209 973.769 103.100 1,012.493
202212 1,069.589 104.100 1,101.440
202303 1,011.110 104.400 1,038.228
202306 949.512 105.200 967.564
202309 976.034 106.200 985.225
202312 1,066.036 106.800 1,070.029
202403 970.224 107.200 970.224

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.


Seiko Epson  (TSE:6724) 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.


Seiko Epson Cyclically Adjusted PS Ratio Related Terms

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


Seiko Epson (TSE:6724) Business Description

Industry
Traded in Other Exchanges
Address
3-5 Owa 3-chome, Suwa, Nagano, JPN, 392-8502
Seiko Epson Corp is a Japan-based electronics manufacturer of printers and imaging equipment. The firm's product portfolio includes inkjet, dot matrix, and laser printers, scanners, desktop computers, business, multimedia and home theatre projectors, large home theatre televisions, robots and industrial automation equipment, point of sale docket printers and cash registers, laptops, integrated circuits, and associated electronic components. The firm has operations in the Americas, Middle East and Africa, Australia, and Asia-Pacific regions.

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