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SECOM Co (FRA:XSC) Cyclically Adjusted PS Ratio : 1.85 (As of May. 22, 2024)


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What is SECOM Co Cyclically Adjusted PS Ratio?

As of today (2024-05-22), SECOM Co's current share price is €57.00. SECOM Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €30.73. SECOM Co's Cyclically Adjusted PS Ratio for today is 1.85.

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

FRA:XSC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.59   Med: 2.23   Max: 2.54
Current: 2.05

During the past years, SECOM Co's highest Cyclically Adjusted PS Ratio was 2.54. The lowest was 1.59. And the median was 2.23.

FRA:XSC's Cyclically Adjusted PS Ratio is ranked worse than
74.71% of 692 companies
in the Business Services industry
Industry Median: 0.88 vs FRA:XSC: 2.05

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.

SECOM Co's adjusted revenue per share data for the three months ended in Dec. 2023 was €8.808. 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 €30.73 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


SECOM Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for SECOM 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.

SECOM Co Cyclically Adjusted PS Ratio Chart

SECOM 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 2.21 2.22 2.01 1.75 -

SECOM 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 1.75 2.05 2.11 2.08 -

Competitive Comparison of SECOM Co's Cyclically Adjusted PS Ratio

For the Security & Protection Services subindustry, SECOM 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.


SECOM Co's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, SECOM Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



SECOM 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=57.00/30.73
=1.85

* 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.

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

For example, SECOM 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)
=8.808/106.8000*106.8000
=8.808

Current CPI (Dec. 2023) = 106.8000.

SECOM Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 7.366 95.700 8.220
201406 6.284 98.000 6.848
201409 6.724 98.500 7.291
201412 6.423 97.900 7.007
201503 8.477 97.900 9.248
201506 6.540 98.400 7.098
201509 7.158 98.500 7.761
201512 7.394 98.100 8.050
201603 9.411 97.900 10.267
201606 8.249 98.100 8.981
201609 9.103 98.000 9.920
201612 8.615 98.400 9.350
201703 9.786 98.100 10.654
201706 7.949 98.500 8.619
201709 8.003 98.800 8.651
201712 8.434 99.400 9.062
201803 9.732 99.200 10.478
201806 8.160 99.200 8.785
201809 8.476 99.900 9.061
201812 9.189 99.700 9.843
201903 10.465 99.700 11.210
201906 8.968 99.800 9.597
201909 10.243 100.100 10.929
201912 9.911 100.500 10.532
202003 11.325 100.300 12.059
202006 9.043 99.900 9.668
202009 9.287 99.900 9.928
202012 9.502 99.300 10.220
202103 10.013 99.900 10.705
202106 8.437 99.500 9.056
202109 9.134 100.100 9.745
202112 9.359 100.100 9.985
202203 9.922 101.100 10.481
202206 8.027 101.800 8.421
202209 8.781 103.100 9.096
202212 9.048 104.100 9.283
202303 9.964 104.400 10.193
202306 8.116 105.200 8.239
202309 8.350 106.200 8.397
202312 8.808 106.800 8.808

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.


SECOM Co  (FRA:XSC) 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.


SECOM Co Cyclically Adjusted PS Ratio Related Terms

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


SECOM Co (FRA:XSC) Business Description

Industry
Traded in Other Exchanges
Address
5-1, Jingumae 1-chome, Shibuya-ku, Tokyo, JPN, 150-0001
SECOM Co Ltd is a provider of security services and surveillance systems. The company operates seven business segments: security services, fire protection services, medical services, insurance services, geographic information services, information- and communication-related services, and real estate and other services. The largest segment by revenue, security services, offers electronic security services and systems, including online commercial and home security systems and large-scale surveillance services. Other segments offer fire protection and detection services, as well as medical dispensing services for home care and hospitals. The company generates most of its revenue in Japan.

SECOM Co (FRA:XSC) Headlines

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