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Panasonic Holdings (WBO:MAT1) Cyclically Adjusted PS Ratio : 0.37 (As of May. 28, 2024)


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What is Panasonic Holdings Cyclically Adjusted PS Ratio?

As of today (2024-05-28), Panasonic Holdings's current share price is €7.898. Panasonic Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €21.53. Panasonic Holdings's Cyclically Adjusted PS Ratio for today is 0.37.

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

WBO:MAT1' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.34   Max: 0.51
Current: 0.38

During the past years, Panasonic Holdings's highest Cyclically Adjusted PS Ratio was 0.51. The lowest was 0.19. And the median was 0.34.

WBO:MAT1's Cyclically Adjusted PS Ratio is ranked better than
78.42% of 1923 companies
in the Hardware industry
Industry Median: 1.07 vs WBO:MAT1: 0.38

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.

Panasonic Holdings's adjusted revenue per share data for the three months ended in Mar. 2024 was €5.775. 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 €21.53 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Panasonic Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Panasonic Holdings'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.

Panasonic Holdings Cyclically Adjusted PS Ratio Chart

Panasonic Holdings 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 0.24 0.43 0.36 0.34 0.41

Panasonic Holdings 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 0.34 0.50 0.48 0.40 0.41

Competitive Comparison of Panasonic Holdings's Cyclically Adjusted PS Ratio

For the Consumer Electronics subindustry, Panasonic Holdings'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.


Panasonic Holdings's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Panasonic Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Panasonic Holdings 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.

Panasonic Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.898/21.53
=0.37

* 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.

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

For example, Panasonic Holdings'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)
=5.775/107.2000*107.2000
=5.775

Current CPI (Mar. 2024) = 107.2000.

Panasonic Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.778 98.000 6.320
201409 5.845 98.500 6.361
201412 5.869 97.900 6.427
201503 6.626 97.900 7.255
201506 5.789 98.400 6.307
201509 6.092 98.500 6.630
201512 6.213 98.100 6.789
201603 6.698 97.900 7.334
201606 6.459 98.100 7.058
201609 6.655 98.000 7.280
201612 6.626 98.400 7.219
201703 6.841 98.100 7.476
201706 6.415 98.500 6.982
201709 6.467 98.800 7.017
201712 6.586 99.400 7.103
201803 6.784 99.200 7.331
201806 6.695 99.200 7.235
201809 6.549 99.900 7.028
201812 6.964 99.700 7.488
201903 6.549 99.700 7.042
201906 6.635 99.800 7.127
201909 7.066 100.100 7.567
201912 6.754 100.500 7.204
202003 6.248 100.300 6.678
202006 4.925 99.900 5.285
202009 5.743 99.900 6.163
202012 6.154 99.300 6.644
202103 6.043 99.900 6.485
202106 5.789 99.500 6.237
202109 5.755 100.100 6.163
202112 6.293 100.100 6.739
202203 6.446 101.100 6.835
202206 5.970 101.800 6.287
202209 6.310 103.100 6.561
202212 6.475 104.100 6.668
202303 6.448 104.400 6.621
202306 5.676 105.200 5.784
202309 5.672 106.200 5.725
202312 5.949 106.800 5.971
202403 5.775 107.200 5.775

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.


Panasonic Holdings  (WBO:MAT1) 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.


Panasonic Holdings Cyclically Adjusted PS Ratio Related Terms

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


Panasonic Holdings (WBO:MAT1) Business Description

Traded in Other Exchanges
Address
1006, Oaza Kadoma, Kadoma-shi, Osaka, JPN, 571-8501
Panasonic Holdings is a conglomerate that has diversified from its consumer electronics roots. It has five main business units: lifestyle (white appliances and housing products); automotive (cockpit systems); connect (BtoB businesses); industry (FA products, electronic materials, and devices); and energy (rechargeable batteries). After the crisis in 2012, former president Kazuhiro Tsuga has focused on shifting the business portfolio to increase the proportion of B2B businesses to mitigate the tough competition in consumer electronics products.

Panasonic Holdings (WBO:MAT1) Headlines

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