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eGuarantee (TSE:8771) Cyclically Adjusted PS Ratio : 12.12 (As of Apr. 27, 2024)


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What is eGuarantee Cyclically Adjusted PS Ratio?

As of today (2024-04-27), eGuarantee's current share price is 円1733.00. eGuarantee's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円143.04. eGuarantee's Cyclically Adjusted PS Ratio for today is 12.12.

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

TSE:8771' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 8.93   Med: 16.2   Max: 24.03
Current: 11.7

During the past years, eGuarantee's highest Cyclically Adjusted PS Ratio was 24.03. The lowest was 8.93. And the median was 16.20.

TSE:8771's Cyclically Adjusted PS Ratio is ranked worse than
83.11% of 367 companies
in the Credit Services industry
Industry Median: 2.87 vs TSE:8771: 11.70

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.

eGuarantee's adjusted revenue per share data for the three months ended in Dec. 2023 was 円47.965. 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143.04 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


eGuarantee Cyclically Adjusted PS Ratio Historical Data

The historical data trend for eGuarantee'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.

eGuarantee Cyclically Adjusted PS Ratio Chart

eGuarantee 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 10.41 14.40 18.31 16.90 16.32

eGuarantee 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 18.68 16.32 14.04 13.92 14.32

Competitive Comparison of eGuarantee's Cyclically Adjusted PS Ratio

For the Credit Services subindustry, eGuarantee'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.


eGuarantee's Cyclically Adjusted PS Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, eGuarantee's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



eGuarantee 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1733.00/143.04
=12.12

* 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.

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

For example, eGuarantee'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)
=47.965/106.8000*106.8000
=47.965

Current CPI (Dec. 2023) = 106.8000.

eGuarantee Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 22.450 95.700 25.054
201406 23.538 98.000 25.652
201409 23.498 98.500 25.478
201412 24.608 97.900 26.845
201503 25.303 97.900 27.603
201506 25.985 98.400 28.203
201509 25.950 98.500 28.137
201512 26.165 98.100 28.485
201603 27.141 97.900 29.608
201606 26.444 98.100 28.789
201609 26.799 98.000 29.205
201612 27.409 98.400 29.749
201703 28.038 98.100 30.525
201706 29.196 98.500 31.656
201709 29.832 98.800 32.248
201712 29.725 99.400 31.938
201803 30.226 99.200 32.542
201806 30.618 99.200 32.964
201809 31.569 99.900 33.749
201812 32.251 99.700 34.548
201903 32.595 99.700 34.916
201906 32.084 99.800 34.334
201909 32.907 100.100 35.110
201912 33.330 100.500 35.419
202003 34.388 100.300 36.617
202006 36.557 99.900 39.082
202009 37.295 99.900 39.871
202012 38.815 99.300 41.747
202103 39.896 99.900 42.652
202106 40.022 99.500 42.958
202109 40.242 100.100 42.936
202112 41.939 100.100 44.746
202203 42.273 101.100 44.656
202206 42.209 101.800 44.282
202209 43.390 103.100 44.947
202212 44.076 104.100 45.219
202303 45.130 104.400 46.167
202306 46.205 105.200 46.908
202309 46.652 106.200 46.916
202312 47.965 106.800 47.965

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.


eGuarantee  (TSE:8771) 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.


eGuarantee Cyclically Adjusted PS Ratio Related Terms

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


eGuarantee (TSE:8771) Business Description

Traded in Other Exchanges
N/A
Address
Akasaka BizTower 5-3-1 Akasaka, Minato-ku, Tokyo, JPN, 107-6337
eGuarantee Inc provides services to undertake credit risks that arise in the various business transaction. The company's services include Guarantee services against sales credit, Guarantee services against contractor credit, Guarantee services by debtor's trust, and Guarantee services against a variety of credit.

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