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Nagoya Electric Works Co (NGO:6797) Cyclically Adjusted PS Ratio : 0.64 (As of May. 21, 2024)


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What is Nagoya Electric Works Co Cyclically Adjusted PS Ratio?

As of today (2024-05-21), Nagoya Electric Works Co's current share price is 円1965.00. Nagoya Electric Works Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円3,076.81. Nagoya Electric Works Co's Cyclically Adjusted PS Ratio for today is 0.64.

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

NGO:6797' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.53   Max: 0.75
Current: 0.62

During the past years, Nagoya Electric Works Co's highest Cyclically Adjusted PS Ratio was 0.75. The lowest was 0.22. And the median was 0.53.

NGO:6797's Cyclically Adjusted PS Ratio is ranked better than
59.97% of 692 companies
in the Business Services industry
Industry Median: 0.88 vs NGO:6797: 0.62

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.

Nagoya Electric Works Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円569.890. 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 円3,076.81 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nagoya Electric Works Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Nagoya Electric Works 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.

Nagoya Electric Works Co Cyclically Adjusted PS Ratio Chart

Nagoya Electric Works 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 0.24 0.23 0.72 0.57 0.52

Nagoya Electric Works 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 0.54 0.52 0.54 0.54 0.53

Competitive Comparison of Nagoya Electric Works Co's Cyclically Adjusted PS Ratio

For the Security & Protection Services subindustry, Nagoya Electric Works 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.


Nagoya Electric Works Co's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

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

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



Nagoya Electric Works 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.

Nagoya Electric Works Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1965.00/3076.81
=0.64

* 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.

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

For example, Nagoya Electric Works 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)
=569.89/106.8000*106.8000
=569.890

Current CPI (Dec. 2023) = 106.8000.

Nagoya Electric Works Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 994.179 95.700 1,109.491
201406 321.116 98.000 349.951
201409 556.972 98.500 603.905
201412 693.885 97.900 756.965
201503 900.657 97.900 982.535
201506 269.205 98.400 292.186
201509 406.901 98.500 441.188
201512 662.806 98.100 721.587
201603 899.710 97.900 981.502
201606 342.392 98.100 372.757
201609 425.659 98.000 463.881
201612 572.928 98.400 621.836
201703 1,013.157 98.100 1,103.009
201706 354.798 98.500 384.695
201709 580.253 98.800 627.237
201712 763.444 99.400 820.280
201803 1,055.920 99.200 1,136.817
201806 588.099 99.200 633.155
201809 598.462 99.900 639.797
201812 806.308 99.700 863.728
201903 1,281.335 99.700 1,372.584
201906 481.294 99.800 515.052
201909 664.339 100.100 708.805
201912 654.743 100.500 695.787
202003 1,482.758 100.300 1,578.849
202006 516.100 99.900 551.747
202009 715.433 99.900 764.847
202012 885.539 99.300 952.423
202103 1,592.081 99.900 1,702.045
202106 629.902 99.500 676.116
202109 551.328 100.100 588.230
202112 622.865 100.100 664.555
202203 1,176.605 101.100 1,242.942
202206 613.122 101.800 643.236
202209 429.859 103.100 445.286
202212 587.651 104.100 602.893
202303 1,451.919 104.400 1,485.296
202306 471.696 105.200 478.870
202309 618.614 106.200 622.109
202312 569.890 106.800 569.890

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.


Nagoya Electric Works Co  (NGO:6797) 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.


Nagoya Electric Works Co Cyclically Adjusted PS Ratio Related Terms

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


Nagoya Electric Works Co (NGO:6797) Business Description

Traded in Other Exchanges
N/A
Address
Shinoda Mentoku 29-1, Aichi Prefecture, Yubinbango, Ama City, JPN, 490-1294
Nagoya Electric Works Co Ltd provides various road traffic information systems for public works and focuses on the expansion of the inspection equipment business for private enterprises in the automotive/electronic equipment industries. Its Information Equipment Business Division includes ITS information device, Automotive product and LED lighting. Its automotive products include red diffused light warning light, smart friix, portable sign device, self-propelled sign car.

Nagoya Electric Works Co (NGO:6797) Headlines

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