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Citizen Watch Co (TSE:7762) Cyclically Adjusted PS Ratio : 0.96 (As of May. 30, 2024)


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What is Citizen Watch Co Cyclically Adjusted PS Ratio?

As of today (2024-05-30), Citizen Watch Co's current share price is 円1008.00. Citizen Watch Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円1,045.13. Citizen Watch Co's Cyclically Adjusted PS Ratio for today is 0.96.

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

TSE:7762' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.62   Max: 1.04
Current: 0.96

During the past years, Citizen Watch Co's highest Cyclically Adjusted PS Ratio was 1.04. The lowest was 0.28. And the median was 0.62.

TSE:7762's Cyclically Adjusted PS Ratio is ranked worse than
58.43% of 445 companies
in the Conglomerates industry
Industry Median: 0.76 vs TSE:7762: 0.96

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.

Citizen Watch Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円352.593. 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1,045.13 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Citizen Watch Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Citizen Watch 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.

Citizen Watch Co Cyclically Adjusted PS Ratio Chart

Citizen Watch Co 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 0.39 0.40 0.54 0.77 -

Citizen Watch 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 0.77 0.85 0.89 0.80 -

Competitive Comparison of Citizen Watch Co's Cyclically Adjusted PS Ratio

For the Conglomerates subindustry, Citizen Watch 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.


Citizen Watch Co's Cyclically Adjusted PS Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Citizen Watch Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Citizen Watch 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.

Citizen Watch Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1008.00/1045.13
=0.96

* 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.

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

For example, Citizen Watch 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)
=352.593/106.8000*106.8000
=352.593

Current CPI (Dec. 2023) = 106.8000.

Citizen Watch Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 236.013 95.700 263.388
201406 234.310 98.000 255.350
201409 247.078 98.500 267.898
201412 279.890 97.900 305.335
201503 252.509 97.900 275.464
201506 259.108 98.400 281.227
201509 280.377 98.500 304.003
201512 292.436 98.100 318.371
201603 249.768 97.900 272.474
201606 240.845 98.100 262.204
201609 245.601 98.000 267.655
201612 262.460 98.400 284.865
201703 233.085 98.100 253.756
201706 228.303 98.500 247.541
201709 253.584 98.800 274.117
201712 285.527 99.400 306.784
201803 238.112 99.200 256.354
201806 234.083 99.200 252.017
201809 251.036 99.900 268.375
201812 293.295 99.700 314.182
201903 232.076 99.700 248.603
201906 220.109 99.800 235.548
201909 237.727 100.100 253.639
201912 257.261 100.500 273.388
202003 171.396 100.300 182.503
202006 117.893 99.900 126.036
202009 166.776 99.900 178.295
202012 198.727 99.300 213.737
202103 177.559 99.900 189.823
202106 210.336 99.500 225.768
202109 223.563 100.100 238.527
202112 256.031 100.100 273.168
202203 216.818 101.100 229.042
202206 242.893 101.800 254.823
202209 261.095 103.100 270.465
202212 282.116 104.100 289.433
202303 252.258 104.400 258.057
202306 291.210 105.200 295.639
202309 329.046 106.200 330.905
202312 352.593 106.800 352.593

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.


Citizen Watch Co  (TSE:7762) 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.


Citizen Watch Co Cyclically Adjusted PS Ratio Related Terms

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


Citizen Watch Co (TSE:7762) Business Description

Traded in Other Exchanges
Address
6-1-12, Tanashi-cho, Nishi Tokyo-shi, Tokyo, JPN, 188-8511
Citizen Watch Co Ltd primarily manufactures watches, machine tools, devices, and electronic products that it sells worldwide. Its watches and clocks segment contributes more than half of the company's revenue and includes brands such as Citizen, Bulova, xC, Q&Q, and Attesa. Machine Tools, which consists mostly of automatic lathes, and Devices, which consists largely of auto parts, switches, Chip LEDs, micro LCDs, and quartz crystals, each comprise roughly 15%-20% of total revenue. Electronic Products, which includes printers, health care equipment, and calculators, and Other Products collectively account for the remaining revenue. Japan and Asia (excluding Japan) each account for roughly a third of the company's total sales. Most of the remaining sales are from America and Europe.

Citizen Watch Co (TSE:7762) Headlines

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