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SPK (TSE:7466) Cyclically Adjusted PS Ratio : 0.47 (As of Jun. 08, 2024)


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What is SPK Cyclically Adjusted PS Ratio?

As of today (2024-06-08), SPK's current share price is 円2200.00. SPK's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円4,710.77. SPK's Cyclically Adjusted PS Ratio for today is 0.47.

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

TSE:7466' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.35   Max: 0.47
Current: 0.47

During the past years, SPK's highest Cyclically Adjusted PS Ratio was 0.47. The lowest was 0.31. And the median was 0.35.

TSE:7466's Cyclically Adjusted PS Ratio is ranked better than
60.1% of 1005 companies
in the Vehicles & Parts industry
Industry Median: 0.66 vs TSE:7466: 0.47

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.

SPK's adjusted revenue per share data for the three months ended in Dec. 2023 was 円1,680.818. 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4,710.77 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


SPK Cyclically Adjusted PS Ratio Historical Data

The historical data trend for SPK'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.

SPK Cyclically Adjusted PS Ratio Chart

SPK 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 0.34 0.33 0.33 0.33 0.39

SPK 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 0.32 0.39 0.40 0.42 0.39

Competitive Comparison of SPK's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, SPK'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.


SPK's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, SPK's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



SPK 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2200.00/4710.77
=0.47

* 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.

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

For example, SPK'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)
=1680.818/106.8000*106.8000
=1,680.818

Current CPI (Dec. 2023) = 106.8000.

SPK Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 923.940 95.700 1,031.105
201406 862.127 98.000 939.542
201409 907.888 98.500 984.390
201412 950.490 97.900 1,036.898
201503 992.156 97.900 1,082.352
201506 932.033 98.400 1,011.597
201509 972.292 98.500 1,054.221
201512 978.055 98.100 1,064.794
201603 970.755 97.900 1,059.005
201606 899.136 98.100 978.876
201609 925.177 98.000 1,008.254
201612 966.930 98.400 1,049.473
201703 982.912 98.100 1,070.082
201706 1,000.856 98.500 1,085.192
201709 1,037.830 98.800 1,121.865
201712 1,106.778 99.400 1,189.174
201803 1,082.889 99.200 1,165.852
201806 1,015.518 99.200 1,093.320
201809 1,074.880 99.900 1,149.121
201812 1,106.851 99.700 1,185.674
201903 1,073.328 99.700 1,149.764
201906 1,059.313 99.800 1,133.614
201909 1,119.703 100.100 1,194.648
201912 1,090.960 100.500 1,159.349
202003 1,097.686 100.300 1,168.822
202006 940.608 99.900 1,005.575
202009 989.416 99.900 1,057.754
202012 1,087.630 99.300 1,169.777
202103 1,155.035 99.900 1,234.812
202106 1,108.722 99.500 1,190.065
202109 1,171.656 100.100 1,250.079
202112 1,212.750 100.100 1,293.923
202203 1,255.593 101.100 1,326.383
202206 1,255.498 101.800 1,317.163
202209 1,309.862 103.100 1,356.870
202212 1,459.467 104.100 1,497.321
202303 1,421.860 104.400 1,454.546
202306 1,496.907 105.200 1,519.674
202309 1,577.096 106.200 1,586.006
202312 1,680.818 106.800 1,680.818

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.


SPK  (TSE:7466) 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.


SPK Cyclically Adjusted PS Ratio Related Terms

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


SPK (TSE:7466) Business Description

Traded in Other Exchanges
N/A
Address
5-4 Fukushima 5-chome, Fukushima-ku, Osaka, JPN, 553-003
SPK Corp operates in the automotive industry. It manufactures and distributes automotive parts. The company's product profile includes engine, brake, bearing, cooling, electric, ignition, oil chemical, powertrain, motorsport, and others.

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