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Otsuka (FRA:OTK) Cyclically Adjusted PS Ratio : 1.28 (As of May. 22, 2024)


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What is Otsuka Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Otsuka's current share price is €16.70. Otsuka's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €13.08. Otsuka's Cyclically Adjusted PS Ratio for today is 1.28.

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

FRA:OTK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.97   Med: 1.38   Max: 1.78
Current: 1.32

During the past years, Otsuka's highest Cyclically Adjusted PS Ratio was 1.78. The lowest was 0.97. And the median was 1.38.

FRA:OTK's Cyclically Adjusted PS Ratio is ranked worse than
55.77% of 1924 companies
in the Hardware industry
Industry Median: 1.07 vs FRA:OTK: 1.32

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.

Otsuka's adjusted revenue per share data for the three months ended in Mar. 2024 was €4.318. 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 €13.08 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Otsuka Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Otsuka'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.

Otsuka Cyclically Adjusted PS Ratio Chart

Otsuka Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.29 1.55 1.47 1.03 1.34

Otsuka 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 1.14 1.33 1.48 1.34 1.44

Competitive Comparison of Otsuka's Cyclically Adjusted PS Ratio

For the Electronics & Computer Distribution subindustry, Otsuka'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.


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

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

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



Otsuka 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=16.70/13.08
=1.28

* 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.

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

For example, Otsuka'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)
=4.318/107.2000*107.2000
=4.318

Current CPI (Mar. 2024) = 107.2000.

Otsuka Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.957 98.000 3.235
201409 2.492 98.500 2.712
201412 2.555 97.900 2.798
201503 3.226 97.900 3.532
201506 3.011 98.400 3.280
201509 2.654 98.500 2.888
201512 3.093 98.100 3.380
201603 3.589 97.900 3.930
201606 3.729 98.100 4.075
201609 3.330 98.000 3.643
201612 3.463 98.400 3.773
201703 3.937 98.100 4.302
201706 3.752 98.500 4.083
201709 3.175 98.800 3.445
201712 3.446 99.400 3.716
201803 3.857 99.200 4.168
201806 4.074 99.200 4.403
201809 3.554 99.900 3.814
201812 4.003 99.700 4.304
201903 4.592 99.700 4.937
201906 4.999 99.800 5.370
201909 4.830 100.100 5.173
201912 4.774 100.500 5.092
202003 4.973 100.300 5.315
202006 4.541 99.900 4.873
202009 3.992 99.900 4.284
202012 4.492 99.300 4.849
202103 4.878 99.900 5.234
202106 4.518 99.500 4.868
202109 3.775 100.100 4.043
202112 4.095 100.100 4.385
202203 4.242 101.100 4.498
202206 4.381 101.800 4.613
202209 3.659 103.100 3.805
202212 4.038 104.100 4.158
202303 4.471 104.400 4.591
202306 4.795 105.200 4.886
202309 3.660 106.200 3.694
202312 3.986 106.800 4.001
202403 4.318 107.200 4.318

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.


Otsuka  (FRA:OTK) 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.


Otsuka Cyclically Adjusted PS Ratio Related Terms

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


Otsuka (FRA:OTK) Business Description

Industry
Traded in Other Exchanges
Address
2-18-4 Iidabashi, Chiyoda-ku, Tokyo, JPN, 102-8573
Otsuka Corp is a Japan-based provider of system integration services. The firm's operations are organized in three segments: system integration, service and support, and others. System integration generates a majority of the firm's revenue; it sells computers, copiers, communication equipment, and software and offers consulting services. Service and support provides office supplies, maintenance, and educational support. Others includes automobile maintenance, an insurance agency, and other small businesses.

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