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IKEGAMI TSUSHINKI Co (TSE:6771) Cyclically Adjusted PS Ratio : 0.19 (As of Jun. 09, 2024)


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What is IKEGAMI TSUSHINKI Co Cyclically Adjusted PS Ratio?

As of today (2024-06-09), IKEGAMI TSUSHINKI Co's current share price is 円775.00. IKEGAMI TSUSHINKI Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円4,113.25. IKEGAMI TSUSHINKI Co's Cyclically Adjusted PS Ratio for today is 0.19.

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

TSE:6771' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.21   Max: 0.42
Current: 0.19

During the past years, IKEGAMI TSUSHINKI Co's highest Cyclically Adjusted PS Ratio was 0.42. The lowest was 0.13. And the median was 0.21.

TSE:6771's Cyclically Adjusted PS Ratio is ranked better than
90.28% of 1924 companies
in the Hardware industry
Industry Median: 1.09 vs TSE:6771: 0.19

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.

IKEGAMI TSUSHINKI Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円688.476. 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4,113.25 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


IKEGAMI TSUSHINKI Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for IKEGAMI TSUSHINKI 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.

IKEGAMI TSUSHINKI Co Cyclically Adjusted PS Ratio Chart

IKEGAMI TSUSHINKI 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 0.28 0.21 0.23 0.16 0.16

IKEGAMI TSUSHINKI 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 0.13 0.16 0.16 0.20 0.21

Competitive Comparison of IKEGAMI TSUSHINKI Co's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, IKEGAMI TSUSHINKI 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.


IKEGAMI TSUSHINKI Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



IKEGAMI TSUSHINKI 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.

IKEGAMI TSUSHINKI Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=775.00/4113.25
=0.19

* 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.

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

For example, IKEGAMI TSUSHINKI 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)
=688.476/106.8000*106.8000
=688.476

Current CPI (Dec. 2023) = 106.8000.

IKEGAMI TSUSHINKI Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2,313.656 95.700 2,582.011
201406 423.717 98.000 461.765
201409 966.700 98.500 1,048.158
201412 860.579 97.900 938.813
201503 1,931.191 97.900 2,106.754
201506 407.065 98.400 441.814
201509 919.496 98.500 996.976
201512 810.243 98.100 882.099
201603 1,963.289 97.900 2,141.770
201606 647.791 98.100 705.240
201609 884.053 98.000 963.437
201612 641.528 98.400 696.293
201703 1,622.948 98.100 1,766.879
201706 424.217 98.500 459.963
201709 1,069.600 98.800 1,156.207
201712 925.121 99.400 993.993
201803 1,971.629 99.200 2,122.681
201806 485.400 99.200 522.588
201809 995.333 99.900 1,064.080
201812 904.627 99.700 969.049
201903 1,768.195 99.700 1,894.115
201906 572.259 99.800 612.397
201909 807.064 100.100 861.083
201912 665.883 100.500 707.625
202003 1,628.898 100.300 1,734.460
202006 456.512 99.900 488.043
202009 778.543 99.900 832.316
202012 741.935 99.300 797.972
202103 1,444.584 99.900 1,544.360
202106 473.742 99.500 508.499
202109 539.315 100.100 575.413
202112 523.303 100.100 558.329
202203 1,353.355 101.100 1,429.657
202206 423.967 101.800 444.791
202209 654.628 103.100 678.121
202212 849.688 104.100 871.726
202303 1,533.448 104.400 1,568.700
202306 547.046 105.200 555.366
202309 756.170 106.200 760.442
202312 688.476 106.800 688.476

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.


IKEGAMI TSUSHINKI Co  (TSE:6771) 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.


IKEGAMI TSUSHINKI Co Cyclically Adjusted PS Ratio Related Terms

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


IKEGAMI TSUSHINKI Co (TSE:6771) Business Description

Traded in Other Exchanges
N/A
Address
5-6-16 Ikegami, Ohta-ku, Tokyo, JPN, 146-8567
IKEGAMI TSUSHINKI Co Ltd provides broadcast equipment in Japan. Its products portfolio includes a camera system for broadcasting, broadcast monitor, video production/transmission system, video transmission system, relay car system, security camera system, medical camera system, and various visual inspection equipment.

IKEGAMI TSUSHINKI Co (TSE:6771) Headlines

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