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OBIC Co (FRA:OBL) Cyclically Adjusted PS Ratio : 20.77 (As of Jun. 23, 2024)


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What is OBIC Co Cyclically Adjusted PS Ratio?

As of today (2024-06-23), OBIC Co's current share price is €119.00. OBIC Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €5.73. OBIC Co's Cyclically Adjusted PS Ratio for today is 20.77.

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

FRA:OBL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 11.51   Med: 24.19   Max: 33.48
Current: 21.84

During the past years, OBIC Co's highest Cyclically Adjusted PS Ratio was 33.48. The lowest was 11.51. And the median was 24.19.

FRA:OBL's Cyclically Adjusted PS Ratio is ranked worse than
96.98% of 1455 companies
in the Software industry
Industry Median: 1.83 vs FRA:OBL: 21.84

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.

OBIC Co's adjusted revenue per share data for the three months ended in Mar. 2024 was €1.945. 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 €5.73 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


OBIC Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for OBIC Co'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.

OBIC Co Cyclically Adjusted PS Ratio Chart

OBIC Co 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 20.76 28.07 23.73 24.42 24.09

OBIC Co 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 24.42 26.25 25.19 26.39 24.09

Competitive Comparison of OBIC Co's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, OBIC Co'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.


OBIC Co's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



OBIC Co 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.

OBIC Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=119.00/5.73
=20.77

* 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.

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

For example, OBIC Co'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)
=1.945/107.2000*107.2000
=1.945

Current CPI (Mar. 2024) = 107.2000.

OBIC Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.053 98.000 1.152
201409 1.173 98.500 1.277
201412 1.061 97.900 1.162
201503 1.257 97.900 1.376
201506 1.049 98.400 1.143
201509 1.302 98.500 1.417
201512 1.226 98.100 1.340
201603 1.372 97.900 1.502
201606 1.297 98.100 1.417
201609 1.593 98.000 1.743
201612 1.418 98.400 1.545
201703 1.505 98.100 1.645
201706 1.405 98.500 1.529
201709 1.461 98.800 1.585
201712 1.465 99.400 1.580
201803 1.432 99.200 1.547
201806 1.544 99.200 1.669
201809 1.591 99.900 1.707
201812 1.680 99.700 1.806
201903 1.694 99.700 1.821
201906 1.787 99.800 1.920
201909 1.960 100.100 2.099
201912 1.860 100.500 1.984
202003 1.925 100.300 2.057
202006 1.866 99.900 2.002
202009 1.890 99.900 2.028
202012 1.917 99.300 2.070
202103 1.852 99.900 1.987
202106 1.788 99.500 1.926
202109 1.951 100.100 2.089
202112 2.025 100.100 2.169
202203 1.971 101.100 2.090
202206 1.920 101.800 2.022
202209 1.985 103.100 2.064
202212 2.008 104.100 2.068
202303 2.021 104.400 2.075
202306 1.995 105.200 2.033
202309 2.018 106.200 2.037
202312 2.029 106.800 2.037
202403 1.945 107.200 1.945

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.


OBIC Co  (FRA:OBL) 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.


OBIC Co Cyclically Adjusted PS Ratio Related Terms

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


OBIC Co (FRA:OBL) Business Description

Industry
Traded in Other Exchanges
Address
Obic Building, 2-4-15 Kyobashi, Chuo-ku, Tokyo, JPN, 104-8328
OBIC Co Ltd is a Japan-based IT service management company. Its principal operations are system integration services, system support services, office automation services, and package software services, providing customers with total solution services. The company's business segments include System Integration Services, OBIC7 series ERP software, System Support Services and Office Automation Services.

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