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Nidec (FRA:NIB1) Cyclically Adjusted PS Ratio : 2.60 (As of May. 27, 2024)


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What is Nidec Cyclically Adjusted PS Ratio?

As of today (2024-05-27), Nidec's current share price is €11.30. Nidec's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €4.35. Nidec's Cyclically Adjusted PS Ratio for today is 2.60.

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

FRA:NIB1' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.59   Med: 3.68   Max: 7.5
Current: 2.74

During the past years, Nidec's highest Cyclically Adjusted PS Ratio was 7.50. The lowest was 1.59. And the median was 3.68.

FRA:NIB1's Cyclically Adjusted PS Ratio is ranked worse than
71.24% of 2194 companies
in the Industrial Products industry
Industry Median: 1.42 vs FRA:NIB1: 2.74

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.

Nidec's adjusted revenue per share data for the three months ended in Mar. 2024 was €1.586. 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 €4.35 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nidec Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Nidec'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.

Nidec Cyclically Adjusted PS Ratio Chart

Nidec 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 2.98 6.62 4.31 2.64 2.11

Nidec 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 2.64 2.94 2.51 2.01 2.11

Competitive Comparison of Nidec's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Nidec'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.


Nidec's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nidec's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Nidec 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.30/4.35
=2.60

* 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.

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

For example, Nidec'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)
=1.586/107.2000*107.2000
=1.586

Current CPI (Mar. 2024) = 107.2000.

Nidec Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.737 98.000 0.806
201409 0.766 98.500 0.834
201412 0.753 97.900 0.825
201503 0.876 97.900 0.959
201506 0.838 98.400 0.913
201509 0.939 98.500 1.022
201512 0.975 98.100 1.065
201603 0.948 97.900 1.038
201606 0.983 98.100 1.074
201609 1.062 98.000 1.162
201612 1.048 98.400 1.142
201703 1.155 98.100 1.262
201706 1.162 98.500 1.265
201709 1.192 98.800 1.293
201712 1.232 99.400 1.329
201803 1.234 99.200 1.334
201806 1.055 99.200 1.140
201809 1.242 99.900 1.333
201812 1.221 99.700 1.313
201903 1.194 99.700 1.284
201906 1.255 99.800 1.348
201909 1.400 100.100 1.499
201912 1.431 100.500 1.526
202003 1.342 100.300 1.434
202006 1.187 99.900 1.274
202009 1.424 99.900 1.528
202012 1.464 99.300 1.580
202103 1.428 99.900 1.532
202106 1.440 99.500 1.551
202109 1.526 100.100 1.634
202112 1.651 100.100 1.768
202203 1.683 101.100 1.785
202206 1.651 101.800 1.739
202209 1.809 103.100 1.881
202212 1.732 104.100 1.784
202303 1.651 104.400 1.695
202306 1.608 105.200 1.639
202309 1.640 106.200 1.655
202312 1.646 106.800 1.652
202403 1.586 107.200 1.586

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.


Nidec  (FRA:NIB1) 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.


Nidec Cyclically Adjusted PS Ratio Related Terms

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


Nidec (FRA:NIB1) Business Description

Address
338 Kuzetonoshiro-cho, Minami-ku, Kyoto, JPN, 601-8205
Nidec is a global leader of brushless DC motors. Brushless DC motors have advantages over other types of motors in power efficiency, silence, and durability. Nidec possesses the number-one market share in a wide variety of products, such as hard disk drive motors, optical disk drive motors, vibration motors on handsets, brushless motors for inverter air conditioners, and brushless motors for electric power steering on automobiles. It continues to benefit from the growing demand for power-efficient motors, driven by strengthening environmental regulations. Nidec sets an ambitious target to increase its revenue to JPY 3 trillion in fiscal 2025 from JPY 1.9 trillion in fiscal 2021.

Nidec (FRA:NIB1) Headlines

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