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Star Micronics Co (TSE:7718) Cyclically Adjusted PS Ratio : 1.25 (As of May. 23, 2024)


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What is Star Micronics Co Cyclically Adjusted PS Ratio?

As of today (2024-05-23), Star Micronics Co's current share price is 円2060.00. Star Micronics Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円1,650.73. Star Micronics Co's Cyclically Adjusted PS Ratio for today is 1.25.

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

TSE:7718' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.82   Med: 1.21   Max: 1.98
Current: 1.22

During the past years, Star Micronics Co's highest Cyclically Adjusted PS Ratio was 1.98. The lowest was 0.82. And the median was 1.21.

TSE:7718's Cyclically Adjusted PS Ratio is ranked better than
56.15% of 2196 companies
in the Industrial Products industry
Industry Median: 1.43 vs TSE:7718: 1.22

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.

Star Micronics Co's adjusted revenue per share data for the three months ended in Mar. 2024 was 円378.047. 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1,650.73 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Star Micronics Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Star Micronics 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.

Star Micronics Co Cyclically Adjusted PS Ratio Chart

Star Micronics Co Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.31 1.34 1.18 1.09 1.05

Star Micronics Co 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 1.18 1.15 1.17 1.05 1.13

Competitive Comparison of Star Micronics Co's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Star Micronics 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.


Star Micronics Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

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

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



Star Micronics 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.

Star Micronics Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2060.00/1650.73
=1.25

* 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.

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

For example, Star Micronics Co'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)
=378.047/107.2000*107.2000
=378.047

Current CPI (Mar. 2024) = 107.2000.

Star Micronics Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201402 324.312 95.500 364.044
201405 247.505 98.100 270.464
201408 293.364 98.300 319.925
201411 314.232 97.900 344.082
201502 349.835 97.600 384.245
201505 290.957 98.700 316.014
201508 349.352 98.400 380.595
201511 305.960 98.100 334.342
201602 337.090 97.800 369.489
201605 260.412 98.200 284.279
201608 275.153 97.900 301.291
201611 286.779 98.600 311.792
201702 327.029 98.100 357.365
201705 314.869 98.600 342.332
201708 345.516 98.500 376.034
201711 364.413 99.100 394.199
201802 415.767 99.500 447.942
201805 569.798 99.300 615.129
201808 407.620 99.800 437.844
201903 347.430 99.700 373.566
201906 417.755 99.800 448.731
201909 372.659 100.100 399.091
201912 348.408 100.500 371.635
202003 303.541 100.300 324.423
202006 293.828 99.900 315.299
202009 299.375 99.900 321.251
202012 364.410 99.300 393.401
202103 313.375 99.900 336.274
202106 366.633 99.500 395.006
202109 443.591 100.100 475.054
202112 477.237 100.100 511.087
202203 452.622 101.100 479.932
202206 567.699 101.800 597.813
202209 591.572 103.100 615.097
202212 682.100 104.100 702.412
202303 558.468 104.400 573.446
202306 579.819 105.200 590.842
202309 477.688 106.200 482.186
202312 469.568 106.800 471.327
202403 378.047 107.200 378.047

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.


Star Micronics Co  (TSE:7718) 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.


Star Micronics Co Cyclically Adjusted PS Ratio Related Terms

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


Star Micronics Co (TSE:7718) Business Description

Traded in Other Exchanges
Address
20-10 Nakayoshida, Suruga-ku, Shizuoka, JPN, 422-8654
Star Micronics Co Ltd is engaged in the manufacture and sale of machinery, electronic components, machine tools and precision parts. It operates with various segment namely; Special products segment which offers point-of-sale printers, Visual cards, Readers and Writers; Components segment produces and sells electronic buzzers, microphones, speakers, receivers and others; Machine Tools segment offers computer numeric control automatic lathes and others; and Precision Products segment produces and sells wristwatch parts, optical connector parts, automotive parts, medical parts and others. The company generates most of its revenue from the machine tools segment and it has business presence worldwide, including Japan, the United States, Europe, and other Asian areas.

Star Micronics Co (TSE:7718) Headlines

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