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Pasco (TSE:9232) Cyclically Adjusted PS Ratio : 0.45 (As of Jun. 07, 2024)


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What is Pasco Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Pasco's current share price is 円1809.00. Pasco's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円4,025.63. Pasco's Cyclically Adjusted PS Ratio for today is 0.45.

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

TSE:9232' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.38   Max: 0.6
Current: 0.46

During the past years, Pasco's highest Cyclically Adjusted PS Ratio was 0.60. The lowest was 0.20. And the median was 0.38.

TSE:9232's Cyclically Adjusted PS Ratio is ranked better than
68.12% of 690 companies
in the Business Services industry
Industry Median: 0.885 vs TSE:9232: 0.46

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.

Pasco's adjusted revenue per share data for the three months ended in Dec. 2023 was 円1,124.323. 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4,025.63 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pasco Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Pasco'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.

Pasco Cyclically Adjusted PS Ratio Chart

Pasco 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 0.41 0.40 0.35 0.36 -

Pasco 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 0.36 0.47 0.43 0.44 -

Competitive Comparison of Pasco's Cyclically Adjusted PS Ratio

For the Specialty Business Services subindustry, Pasco'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.


Pasco's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Pasco's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Pasco 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1809.00/4025.63
=0.45

* 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.

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

For example, Pasco'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)
=1124.323/106.8000*106.8000
=1,124.323

Current CPI (Dec. 2023) = 106.8000.

Pasco Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1,215.599 95.700 1,356.593
201406 727.771 98.000 793.122
201409 910.326 98.500 987.034
201412 837.422 97.900 913.551
201503 1,191.356 97.900 1,299.661
201506 689.035 98.400 747.855
201509 904.350 98.500 980.554
201512 949.521 98.100 1,033.729
201603 1,108.342 97.900 1,209.100
201606 692.200 98.100 753.588
201609 836.819 98.000 911.962
201612 910.132 98.400 987.826
201703 1,147.625 98.100 1,249.402
201706 624.084 98.500 676.672
201709 792.263 98.800 856.414
201712 898.715 99.400 965.621
201803 1,224.098 99.200 1,317.880
201806 634.479 99.200 683.088
201809 782.060 99.900 836.076
201812 935.325 99.700 1,001.933
201903 1,246.187 99.700 1,334.933
201906 687.353 99.800 735.564
201909 910.345 100.100 971.277
201912 975.593 100.500 1,036.750
202003 1,180.917 100.300 1,257.447
202006 707.677 99.900 756.556
202009 885.229 99.900 946.371
202012 1,008.877 99.300 1,085.076
202103 1,214.509 99.900 1,298.394
202106 753.347 99.500 808.618
202109 839.495 100.100 895.685
202112 1,035.590 100.100 1,104.905
202203 1,258.027 101.100 1,328.954
202206 778.564 101.800 816.804
202209 908.366 103.100 940.965
202212 1,123.682 104.100 1,152.826
202303 1,491.847 104.400 1,526.142
202306 710.863 105.200 721.675
202309 846.587 106.200 851.370
202312 1,124.323 106.800 1,124.323

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.


Pasco  (TSE:9232) 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.


Pasco Cyclically Adjusted PS Ratio Related Terms

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


Pasco (TSE:9232) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1-1-2, Higashiyama Higashiyama building, Meguro-ku, Tokyo, JPN, 153-0043
Pasco Corp is a Japan-based company engaged in the business of acquisition and processing of geospatial information. Principally, it offers spaceborne services, airborne surveying, vehicle and ground surveying, water area surveying and many more. In addition, the company also provides geographic information system cloud services and geospatial information consulting services. It also produces spatial information data which assists in various fields such as printing, broadcasting, and publishing.

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