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eREX Co (TSE:9517) Cyclically Adjusted PS Ratio : (As of May. 24, 2024)


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What is eREX Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


eREX Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for eREX 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.

eREX Co Cyclically Adjusted PS Ratio Chart

eREX 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 - - - 1.00 0.31

eREX 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 1.00 - - - 0.31

Competitive Comparison of eREX Co's Cyclically Adjusted PS Ratio

For the Utilities - Renewable subindustry, eREX 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.


eREX Co's Cyclically Adjusted PS Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, eREX Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



eREX 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.

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

For example, eREX 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)
=1069.019/106.8000*106.8000
=1,069.019

Current CPI (Dec. 2023) = 106.8000.

eREX Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
0.000 0.000
201403 0.000 95.700 0.000
201409 0.000 98.500 0.000
201412 117.926 97.900 128.647
201503 114.438 97.900 124.841
201506 116.128 98.400 126.041
201509 150.124 98.500 162.774
201512 128.460 98.100 139.852
201603 139.443 97.900 152.120
201606 108.568 98.100 118.196
201609 167.420 98.000 182.454
201612 160.709 98.400 174.428
201703 174.627 98.100 190.114
201706 177.714 98.500 192.689
201709 253.769 98.800 274.317
201712 218.098 99.400 234.335
201803 272.806 99.200 293.706
201806 245.316 99.200 264.110
201809 359.881 99.900 384.738
201812 318.680 99.700 341.374
201903 368.365 99.700 394.598
201906 312.973 99.800 334.925
201909 500.461 100.100 533.958
201912 456.011 100.500 484.597
202003 467.050 100.300 497.317
202006 363.805 99.900 388.933
202009 560.029 99.900 598.710
202012 511.200 99.300 549.810
202103 1,120.211 99.900 1,197.583
202106 561.790 99.500 603.007
202109 835.464 100.100 891.384
202112 1,152.729 100.100 1,229.885
202203 1,342.582 101.100 1,418.277
202206 990.981 101.800 1,039.654
202209 1,330.730 103.100 1,378.487
202212 1,418.786 104.100 1,455.584
202303 1,257.963 104.400 1,286.882
202306 943.637 105.200 957.989
202309 1,095.672 106.200 1,101.862
202312 1,069.019 106.800 1,069.019

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.


eREX Co  (TSE:9517) 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.


eREX Co Cyclically Adjusted PS Ratio Related Terms

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eREX Co (TSE:9517) Business Description

Traded in Other Exchanges
Address
2-2-1 Kyobashi, 14th Floor, Kyobashi Edglan, Chuo-ku, Tokyo, JPN, 104-0031
eREX Co Ltd is a holding company that engages in the electrical power business. Its services include retail sales of power, power market transactions, and power development. In its electric power retail business, it involves in the retail of electric power at an inexpensive price than electric utilities. In its power supplies development business, it involves the planning, design, and construction of power-generating equipment.

eREX Co (TSE:9517) Headlines

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