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Ohara (FRA:9IE) Cyclically Adjusted PS Ratio : 1.36 (As of Sep. 22, 2024)


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What is Ohara Cyclically Adjusted PS Ratio?

As of today (2024-09-22), Ohara's current share price is €8.40. Ohara's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2024 was €6.19. Ohara's Cyclically Adjusted PS Ratio for today is 1.36.

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

FRA:9IE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.59   Med: 1.24   Max: 2.84
Current: 1.29

During the past years, Ohara's highest Cyclically Adjusted PS Ratio was 2.84. The lowest was 0.59. And the median was 1.24.

FRA:9IE's Cyclically Adjusted PS Ratio is ranked worse than
54.04% of 1708 companies
in the Hardware industry
Industry Median: 1.13 vs FRA:9IE: 1.29

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.

Ohara's adjusted revenue per share data for the three months ended in Apr. 2024 was €1.715. 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 €6.19 for the trailing ten years ended in Apr. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ohara Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ohara'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.

Ohara Cyclically Adjusted PS Ratio Chart

Ohara Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.36 1.17 1.35 1.17 1.17

Ohara Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 1.32 1.17 1.13 1.24 -

Competitive Comparison of Ohara's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Ohara'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.


Ohara's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Ohara 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.40/6.19
=1.36

* 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.

Ohara's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2024 is calculated as:

For example, Ohara's adjusted Revenue per Share data for the three months ended in Apr. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=1.715/107.7000*107.7000
=1.715

Current CPI (Apr. 2024) = 107.7000.

Ohara Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201407 1.562 98.100 1.715
201410 1.655 98.200 1.815
201501 1.760 97.800 1.938
201504 1.780 98.400 1.948
201507 1.761 98.300 1.929
201510 1.687 98.500 1.845
201601 1.658 97.700 1.828
201604 1.822 98.100 2.000
201607 1.904 97.900 2.095
201610 1.907 98.600 2.083
201701 1.840 98.200 2.018
201704 2.095 98.500 2.291
201707 2.092 98.300 2.292
201710 2.028 98.800 2.211
201801 1.959 99.500 2.120
201804 2.065 99.100 2.244
201807 2.330 99.200 2.530
201810 2.462 100.200 2.646
201901 2.226 99.700 2.405
201904 1.935 100.000 2.084
201907 1.889 99.800 2.039
201910 1.781 100.400 1.910
202001 1.497 100.500 1.604
202004 1.764 100.200 1.896
202007 1.340 100.000 1.443
202010 1.470 99.800 1.586
202101 1.580 99.800 1.705
202104 1.787 99.100 1.942
202107 2.048 99.700 2.212
202110 2.030 99.900 2.188
202201 2.119 100.300 2.275
202204 2.072 101.500 2.199
202207 2.176 102.300 2.291
202210 2.082 103.700 2.162
202301 2.058 104.700 2.117
202304 2.107 105.100 2.159
202307 1.815 105.700 1.849
202310 1.734 107.100 1.744
202401 1.634 106.900 1.646
202404 1.715 107.700 1.715

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.


Ohara  (FRA:9IE) 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.


Ohara Cyclically Adjusted PS Ratio Related Terms

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


Ohara Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ohara Inc (FRA:9IE) » Definitions » Cyclically Adjusted PS Ratio
Traded in Other Exchanges
Address
1-15-30, Oyama, Chuo-ku, Kanagawa, Sagamihara-Shi, JPN, 252-5286
Ohara Inc is engaged in the manufacturing and sales of optical glass products and electronic products. It operates through the Optical and Electronics divisions. The Optical division manufactures and sells optical glass materials for digital-related products such as digital cameras and liquid crystal (LC) projectors, as well as a lens for mold presses, among others. The Electronics division manufactures and sells glass discs of hard disc drives that are used in mobile devices, high-homogenous glass materials and low-expansion glass-ceramic used in semiconductor manufacturing machinery and others. It derives prime revenue from the Optical business segment.

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