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Tanaka Co (FRA:TDJ) Cyclically Adjusted PS Ratio : 0.19 (As of Jun. 09, 2024)


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What is Tanaka Co Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Tanaka Co's current share price is €4.64. Tanaka Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €23.90. Tanaka Co's Cyclically Adjusted PS Ratio for today is 0.19.

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

FRA:TDJ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.21   Max: 0.27
Current: 0.21

During the past years, Tanaka Co's highest Cyclically Adjusted PS Ratio was 0.27. The lowest was 0.15. And the median was 0.21.

FRA:TDJ's Cyclically Adjusted PS Ratio is ranked better than
88.62% of 1924 companies
in the Hardware industry
Industry Median: 1.09 vs FRA:TDJ: 0.21

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.

Tanaka Co's adjusted revenue per share data for the three months ended in Dec. 2023 was €8.762. 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 €23.90 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tanaka Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Tanaka 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.

Tanaka Co Cyclically Adjusted PS Ratio Chart

Tanaka Co 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 0.21 0.21 0.21 0.19 0.17

Tanaka Co 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 0.15 0.17 0.18 0.18 0.20

Competitive Comparison of Tanaka Co's Cyclically Adjusted PS Ratio

For the Electronics & Computer Distribution subindustry, Tanaka 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.


Tanaka Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Tanaka 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.64/23.9
=0.19

* 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.

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

For example, Tanaka Co'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)
=8.762/106.8000*106.8000
=8.762

Current CPI (Dec. 2023) = 106.8000.

Tanaka Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 6.617 95.700 7.384
201406 4.668 98.000 5.087
201409 5.688 98.500 6.167
201412 5.875 97.900 6.409
201503 7.215 97.900 7.871
201506 4.936 98.400 5.357
201509 5.913 98.500 6.411
201512 6.725 98.100 7.321
201603 7.352 97.900 8.020
201606 5.570 98.100 6.064
201609 6.681 98.000 7.281
201612 6.816 98.400 7.398
201703 8.406 98.100 9.151
201706 5.264 98.500 5.708
201709 5.895 98.800 6.372
201712 6.414 99.400 6.892
201803 6.663 99.200 7.173
201806 5.490 99.200 5.911
201809 6.473 99.900 6.920
201812 7.048 99.700 7.550
201903 7.635 99.700 8.179
201906 6.518 99.800 6.975
201909 8.562 100.100 9.135
201912 7.198 100.500 7.649
202003 8.402 100.300 8.946
202006 6.078 99.900 6.498
202009 6.542 99.900 6.994
202012 7.148 99.300 7.688
202103 8.016 99.900 8.570
202106 6.270 99.500 6.730
202109 7.304 100.100 7.793
202112 7.612 100.100 8.121
202203 8.376 101.100 8.848
202206 6.194 101.800 6.498
202209 7.231 103.100 7.491
202212 7.581 104.100 7.778
202303 8.640 104.400 8.839
202306 6.604 105.200 6.704
202309 7.507 106.200 7.549
202312 8.762 106.800 8.762

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.


Tanaka Co  (FRA:TDJ) 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.


Tanaka Co Cyclically Adjusted PS Ratio Related Terms

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


Tanaka Co (FRA:TDJ) Business Description

Industry
Traded in Other Exchanges
Address
3 Chome-2-2 Minamioi, Shinagawa-ku, Tokyo, JPN, 140-0013
Tanaka Co Ltd is a general trading company of electric construction material. The company has five major product lines, namely lighting fixtures, electric wire, distribution board, household appliances, and other. The lighting fixtures include fluorescent lighting equipment for residential use, facility use, and industrial use; incandescent lighting equipment for factories, street lamps, and tunnels; Electric wire products include communication cable, insulation cable for electric distribution and various accessories; Household appliances include home appliances, residential equipment, office equipment, photovoltaic generators; Other products include measuring equipment, power tool, and security equipment.

Tanaka Co (FRA:TDJ) Headlines