GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » SECOM Co Ltd (OTCPK:SOMLF) » Definitions » Cyclically Adjusted PS Ratio

SECOM Co (SECOM Co) Cyclically Adjusted PS Ratio : 2.08 (As of May. 24, 2024)


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

What is SECOM Co Cyclically Adjusted PS Ratio?

As of today (2024-05-24), SECOM Co's current share price is $69.56. SECOM Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $33.49. SECOM Co's Cyclically Adjusted PS Ratio for today is 2.08.

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

SOMLF' 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.

SOMLF's Cyclically Adjusted PS Ratio is ranked worse than
74.75% of 693 companies
in the Business Services industry
Industry Median: 0.88 vs SOMLF: 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 $9.605. 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 $33.49 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
=69.56/33.49
=2.08

* 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)
=9.605/106.8000*106.8000
=9.605

Current CPI (Dec. 2023) = 106.8000.

SECOM Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 10.188 95.700 11.370
201406 8.538 98.000 9.305
201409 8.665 98.500 9.395
201412 7.920 97.900 8.640
201503 9.174 97.900 10.008
201506 7.340 98.400 7.967
201509 8.034 98.500 8.711
201512 8.054 98.100 8.768
201603 10.479 97.900 11.432
201606 9.269 98.100 10.091
201609 10.216 98.000 11.133
201612 9.087 98.400 9.863
201703 10.466 98.100 11.394
201706 8.931 98.500 9.684
201709 9.538 98.800 10.310
201712 9.981 99.400 10.724
201803 12.001 99.200 12.920
201806 9.533 99.200 10.263
201809 9.890 99.900 10.573
201812 10.454 99.700 11.198
201903 11.824 99.700 12.666
201906 10.133 99.800 10.844
201909 11.280 100.100 12.035
201912 11.012 100.500 11.702
202003 12.514 100.300 13.325
202006 10.184 99.900 10.887
202009 10.938 99.900 11.693
202012 11.560 99.300 12.433
202103 11.921 99.900 12.744
202106 10.165 99.500 10.911
202109 10.746 100.100 11.465
202112 10.575 100.100 11.283
202203 10.927 101.100 11.543
202206 8.485 101.800 8.902
202209 8.694 103.100 9.006
202212 9.585 104.100 9.834
202303 10.668 104.400 10.913
202306 8.794 105.200 8.928
202309 8.912 106.200 8.962
202312 9.605 106.800 9.605

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  (OTCPK:SOMLF) 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 (SECOM Co) Business Description

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 (SECOM Co) Headlines

From GuruFocus

SECOM Co Stock Is Believed To Be Modestly Undervalued

By GF Value GF Value 04-28-2021

First Eagle Comments on Secom

By Sydnee Gatewood Sydnee Gatewood 04-21-2021

First Eagle Comments on Secom

By Sydnee Gatewood 07-27-2021

First Eagle Global Value Fund Comments on Secom

By Sydnee Gatewood Sydnee Gatewood 10-24-2019