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Shofu (TSE:7979) Cyclically Adjusted PS Ratio : 2.43 (As of Jun. 10, 2024)


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What is Shofu Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Shofu's current share price is 円3940.00. Shofu's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円1,623.85. Shofu's Cyclically Adjusted PS Ratio for today is 2.43.

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

TSE:7979' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.8   Med: 1.33   Max: 2.43
Current: 2.43

During the past years, Shofu's highest Cyclically Adjusted PS Ratio was 2.43. The lowest was 0.80. And the median was 1.33.

TSE:7979's Cyclically Adjusted PS Ratio is ranked worse than
52.94% of 476 companies
in the Medical Devices & Instruments industry
Industry Median: 2.105 vs TSE:7979: 2.43

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.

Shofu's adjusted revenue per share data for the three months ended in Dec. 2023 was 円502.694. 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1,623.85 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shofu Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Shofu'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.

Shofu Cyclically Adjusted PS Ratio Chart

Shofu 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 1.01 1.33 1.47 1.10 1.32

Shofu 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 1.50 1.32 1.47 1.35 1.69

Competitive Comparison of Shofu's Cyclically Adjusted PS Ratio

For the Medical Instruments & Supplies subindustry, Shofu'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.


Shofu's Cyclically Adjusted PS Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Shofu's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Shofu 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3940.00/1623.85
=2.43

* 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.

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

For example, Shofu'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)
=502.694/106.8000*106.8000
=502.694

Current CPI (Dec. 2023) = 106.8000.

Shofu Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 319.543 95.700 356.606
201406 291.638 98.000 317.826
201409 320.258 98.500 347.244
201412 302.159 97.900 329.628
201503 313.017 97.900 341.473
201506 366.752 98.400 398.060
201509 356.454 98.500 386.490
201512 339.162 98.100 369.241
201603 368.883 97.900 402.418
201606 356.371 98.100 387.976
201609 333.188 98.000 363.107
201612 338.492 98.400 367.388
201703 367.156 98.100 399.717
201706 359.579 98.500 389.879
201709 373.256 98.800 403.479
201712 380.988 99.400 409.351
201803 388.525 99.200 418.291
201806 381.322 99.200 410.536
201809 379.749 99.900 405.978
201812 391.943 99.700 419.855
201903 402.614 99.700 431.286
201906 403.611 99.800 431.920
201909 433.456 100.100 462.469
201912 385.541 100.500 409.709
202003 406.498 100.300 432.841
202006 299.994 99.900 320.714
202009 356.882 99.900 381.532
202012 363.966 99.300 391.456
202103 386.076 99.900 412.742
202106 392.322 99.500 421.105
202109 385.954 100.100 411.787
202112 398.450 100.100 425.119
202203 396.206 101.100 418.544
202206 454.760 101.800 477.096
202209 431.657 103.100 447.148
202212 440.307 104.100 451.727
202303 443.005 104.400 453.189
202306 464.691 105.200 471.759
202309 456.508 106.200 459.087
202312 502.694 106.800 502.694

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.


Shofu  (TSE:7979) 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.


Shofu Cyclically Adjusted PS Ratio Related Terms

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


Shofu (TSE:7979) Business Description

Traded in Other Exchanges
N/A
Address
10 Science Park Road, 12 The Alpha, Science Park II, Singapore, JPN
Shofu Inc is engaged in renowned dental materials and equipment manufacturing business.

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