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OUTSOURCING (OUTSOURCING) Cyclically Adjusted PS Ratio : 0.55 (As of May. 24, 2024)


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What is OUTSOURCING Cyclically Adjusted PS Ratio?

As of today (2024-05-24), OUTSOURCING's current share price is $8.49. OUTSOURCING's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $15.56. OUTSOURCING's Cyclically Adjusted PS Ratio for today is 0.55.

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

OUSZF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.79   Max: 2.45
Current: 0.55

During the past years, OUTSOURCING's highest Cyclically Adjusted PS Ratio was 2.45. The lowest was 0.26. And the median was 0.79.

OUSZF's Cyclically Adjusted PS Ratio is ranked better than
63.64% of 693 companies
in the Business Services industry
Industry Median: 0.88 vs OUSZF: 0.55

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.

OUTSOURCING's adjusted revenue per share data for the three months ended in Dec. 2023 was $10.908. 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 $15.56 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


OUTSOURCING Cyclically Adjusted PS Ratio Historical Data

The historical data trend for OUTSOURCING'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.

OUTSOURCING Cyclically Adjusted PS Ratio Chart

OUTSOURCING 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 0.84 0.86 0.77 0.37 0.55

OUTSOURCING 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 0.37 0.48 0.47 0.38 0.55

Competitive Comparison of OUTSOURCING's Cyclically Adjusted PS Ratio

For the Staffing & Employment Services subindustry, OUTSOURCING'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.


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

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

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



OUTSOURCING 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.49/15.56
=0.55

* 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.

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

For example, OUTSOURCING'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)
=10.908/106.8000*106.8000
=10.908

Current CPI (Dec. 2023) = 106.8000.

OUTSOURCING Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.812 95.700 2.022
201406 1.880 98.000 2.049
201409 1.901 98.500 2.061
201412 1.807 97.900 1.971
201503 1.961 97.900 2.139
201506 1.842 98.400 1.999
201509 1.942 98.500 2.106
201512 2.276 98.100 2.478
201603 2.497 97.900 2.724
201606 3.506 98.100 3.817
201609 4.004 98.000 4.364
201612 4.006 98.400 4.348
201703 4.755 98.100 5.177
201706 4.998 98.500 5.419
201709 5.260 98.800 5.686
201712 5.578 99.400 5.993
201803 5.810 99.200 6.255
201806 6.725 99.200 7.240
201809 7.128 99.900 7.620
201812 6.421 99.700 6.878
201903 6.181 99.700 6.621
201906 6.709 99.800 7.180
201909 6.646 100.100 7.091
201912 6.830 100.500 7.258
202003 6.609 100.300 7.037
202006 6.136 99.900 6.560
202009 6.760 99.900 7.227
202012 7.860 99.300 8.454
202103 9.046 99.900 9.671
202106 10.158 99.500 10.903
202109 10.628 100.100 11.339
202112 10.971 100.100 11.705
202203 10.403 101.100 10.990
202206 10.075 101.800 10.570
202209 9.820 103.100 10.172
202212 11.057 104.100 11.344
202303 10.449 104.400 10.689
202306 10.403 105.200 10.561
202309 10.253 106.200 10.311
202312 10.908 106.800 10.908

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.


OUTSOURCING  (OTCPK:OUSZF) 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.


OUTSOURCING Cyclically Adjusted PS Ratio Related Terms

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


OUTSOURCING (OUTSOURCING) Business Description

Traded in Other Exchanges
Address
1-8-3 Marunouchi, 16th-17th Floor, Marunouchi Trust Tower Main, Chiyoda-ku, Tokyo, JPN, 100-0005
OUTSOURCING Inc is a Japanese company which is engaged in providing outsourcing services. It mainly involved in the provision of manufacturing technologies and management know-how to manufacturers in the areas of electric and electronic equipment, transportation equipment, food, chemical and drugs, metals and others. The company offers outsourcing services for recruitment, labor management, and company housing management. In addition, the company provides outsourcing services for engineering, service operations and other business areas.

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