GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nidec Corp (OTCPK:NNDNF) » Definitions » Cyclically Adjusted PS Ratio

Nidec (NNDNF) Cyclically Adjusted PS Ratio : 2.28 (As of Jun. 22, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Nidec Cyclically Adjusted PS Ratio?

As of today (2024-06-22), Nidec's current share price is $44.50. Nidec's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $19.56. Nidec's Cyclically Adjusted PS Ratio for today is 2.28.

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

NNDNF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.73   Med: 3.68   Max: 7.5
Current: 2.53

During the past years, Nidec's highest Cyclically Adjusted PS Ratio was 7.50. The lowest was 1.73. And the median was 3.68.

NNDNF's Cyclically Adjusted PS Ratio is ranked worse than
69.86% of 2200 companies
in the Industrial Products industry
Industry Median: 1.4 vs NNDNF: 2.53

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.

Nidec's adjusted revenue per share data for the three months ended in Mar. 2024 was $6.894. 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 $19.56 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nidec Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Nidec'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.

Nidec Cyclically Adjusted PS Ratio Chart

Nidec 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 2.98 6.62 4.31 2.64 2.11

Nidec 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 2.64 2.94 2.51 2.01 2.11

Competitive Comparison of Nidec's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Nidec'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.


Nidec's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nidec's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Nidec 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=44.50/19.56
=2.28

* 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.

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

For example, Nidec'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)
=6.894/107.2000*107.2000
=6.894

Current CPI (Mar. 2024) = 107.2000.

Nidec Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.005 98.000 4.381
201409 3.946 98.500 4.295
201412 3.713 97.900 4.066
201503 3.793 97.900 4.153
201506 3.763 98.400 4.100
201509 4.217 98.500 4.589
201512 4.247 98.100 4.641
201603 4.224 97.900 4.625
201606 4.420 98.100 4.830
201609 4.767 98.000 5.215
201612 4.421 98.400 4.816
201703 4.943 98.100 5.402
201706 5.224 98.500 5.685
201709 5.683 98.800 6.166
201712 5.832 99.400 6.290
201803 6.087 99.200 6.578
201806 4.930 99.200 5.328
201809 5.796 99.900 6.220
201812 5.557 99.700 5.975
201903 5.395 99.700 5.801
201906 5.673 99.800 6.094
201909 6.168 100.100 6.605
201912 6.359 100.500 6.783
202003 5.931 100.300 6.339
202006 5.346 99.900 5.737
202009 6.709 99.900 7.199
202012 7.125 99.300 7.692
202103 6.800 99.900 7.297
202106 6.941 99.500 7.478
202109 7.183 100.100 7.692
202112 7.462 100.100 7.991
202203 7.413 101.100 7.860
202206 6.980 101.800 7.350
202209 7.166 103.100 7.451
202212 7.338 104.100 7.557
202303 7.069 104.400 7.259
202306 6.969 105.200 7.101
202309 6.999 106.200 7.065
202312 7.180 106.800 7.207
202403 6.894 107.200 6.894

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.


Nidec  (OTCPK:NNDNF) 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.


Nidec Cyclically Adjusted PS Ratio Related Terms

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


Nidec (NNDNF) Business Description

Address
338 Kuzetonoshiro-cho, Minami-ku, Kyoto, JPN, 601-8205
Nidec is a global leader of brushless DC motors. Brushless DC motors have advantages over other types of motors in power efficiency, silence, and durability. Nidec possesses the number-one market share in a wide variety of products, such as hard disk drive motors, optical disk drive motors, vibration motors on handsets, brushless motors for inverter air conditioners, and brushless motors for electric power steering on automobiles. It continues to benefit from the growing demand for power-efficient motors, driven by strengthening environmental regulations. Nidec sets an ambitious target to increase its revenue to JPY 3 trillion in fiscal 2025 from JPY 1.9 trillion in fiscal 2021.

Nidec (NNDNF) Headlines

From GuruFocus

Nidec Announces the Status of Own Share Repurchase

By GuruFocusNews GuruFocusNews 06-11-2022

Nidec Commits to SBT and TCFD Initiatives

By GuruFocusNews GuruFocusNews 06-26-2022

Nidec Announces the Status of Own Share Repurchase

By PurpleRose PurpleRose 07-15-2022

Nidec Announces the Status of Own Share Repurchase

By PurpleRose PurpleRose 07-11-2022

Nidec Announces the Status of Own Share Repurchase

By GuruFocusNews GuruFocusNews 06-21-2022

Nidec Announces the Status of Own Share Repurchase

By GuruFocusNews GuruFocusNews 07-01-2022

Nidec Announces the Status of Own Share Repurchase

By GuruFocusNews GuruFocusNews 05-26-2022

Nidec Announces the Status of Own Share Repurchase

By GuruFocusNews GuruFocusNews 06-25-2022

Nidec Announces the Status of Own Share Repurchase

By PurpleRose PurpleRose 08-01-2022