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Nomura Research Institute (Nomura Research Institute) Cyclically Adjusted PS Ratio : 4.32 (As of Apr. 28, 2024)


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What is Nomura Research Institute Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Nomura Research Institute's current share price is $25.28. Nomura Research Institute's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $5.85. Nomura Research Institute's Cyclically Adjusted PS Ratio for today is 4.32.

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

NRILY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.46   Med: 4.49   Max: 7.54
Current: 4.49

During the past years, Nomura Research Institute's highest Cyclically Adjusted PS Ratio was 7.54. The lowest was 2.46. And the median was 4.49.

NRILY's Cyclically Adjusted PS Ratio is ranked worse than
74.43% of 1412 companies
in the Software industry
Industry Median: 1.87 vs NRILY: 4.49

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.

Nomura Research Institute's adjusted revenue per share data for the three months ended in Mar. 2024 was $2.161. 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 $5.85 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nomura Research Institute Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Nomura Research Institute'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.

Nomura Research Institute Cyclically Adjusted PS Ratio Chart

Nomura Research Institute 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 3.86 5.40 5.75 3.90 4.82

Nomura Research Institute 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 3.90 4.89 4.66 4.78 4.82

Competitive Comparison of Nomura Research Institute's Cyclically Adjusted PS Ratio

For the Information Technology Services subindustry, Nomura Research Institute'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.


Nomura Research Institute's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Nomura Research Institute's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Nomura Research Institute 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.

Nomura Research Institute's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=25.28/5.85
=4.32

* 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.

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

For example, Nomura Research Institute'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)
=2.161/107.2000*107.2000
=2.161

Current CPI (Mar. 2024) = 107.2000.

Nomura Research Institute Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.305 98.000 1.428
201409 1.292 98.500 1.406
201412 1.193 97.900 1.306
201503 1.198 97.900 1.312
201506 1.116 98.400 1.216
201509 1.226 98.500 1.334
201512 1.106 98.100 1.209
201603 1.267 97.900 1.387
201606 1.276 98.100 1.394
201609 1.358 98.000 1.485
201612 1.220 98.400 1.329
201703 1.378 98.100 1.506
201706 1.287 98.500 1.401
201709 1.407 98.800 1.527
201712 1.500 99.400 1.618
201803 1.710 99.200 1.848
201806 1.493 99.200 1.613
201809 1.544 99.900 1.657
201812 1.605 99.700 1.726
201903 1.717 99.700 1.846
201906 1.723 99.800 1.851
201909 1.851 100.100 1.982
201912 2.020 100.500 2.155
202003 2.147 100.300 2.295
202006 2.038 99.900 2.187
202009 2.134 99.900 2.290
202012 2.217 99.300 2.393
202103 2.232 99.900 2.395
202106 2.144 99.500 2.310
202109 2.294 100.100 2.457
202112 2.322 100.100 2.487
202203 2.338 101.100 2.479
202206 2.117 101.800 2.229
202209 2.022 103.100 2.102
202212 2.214 104.100 2.280
202303 2.217 104.400 2.276
202306 2.116 105.200 2.156
202309 2.144 106.200 2.164
202312 2.264 106.800 2.272
202403 2.161 107.200 2.161

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.


Nomura Research Institute  (OTCPK:NRILY) 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.


Nomura Research Institute Cyclically Adjusted PS Ratio Related Terms

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


Nomura Research Institute (Nomura Research Institute) Business Description

Traded in Other Exchanges
Address
1-9-2 Otemachi, Otemachi Financial City Grand Cube, Chiyoda-ku, Tokyo, JPN, 100-0004
Nomura Research Institute Ltd provides Consulting, Financial IT solutions, Industrial IT solutions and IT platform services. Its consulting service includes management and systems consulting. Financial IT solutions consists of securities, banking and insurance business. Industrial IT solutions cover distribution and healthcare business and manufacturing and service industries. IT platform services include IT infrastructure, System management and advanced information technology solutions.

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