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Nakamichi leasing Co (SSE:8594) Cyclically Adjusted PS Ratio : 0.13 (As of May. 16, 2024)


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What is Nakamichi leasing Co Cyclically Adjusted PS Ratio?

As of today (2024-05-16), Nakamichi leasing Co's current share price is 円650.00. Nakamichi leasing Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円5,056.49. Nakamichi leasing Co's Cyclically Adjusted PS Ratio for today is 0.13.

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

SSE:8594' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.11   Max: 0.13
Current: 0.13

During the past years, Nakamichi leasing Co's highest Cyclically Adjusted PS Ratio was 0.13. The lowest was 0.09. And the median was 0.11.

SSE:8594's Cyclically Adjusted PS Ratio is ranked better than
97.33% of 374 companies
in the Credit Services industry
Industry Median: 2.995 vs SSE:8594: 0.13

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.

Nakamichi leasing Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円1,515.031. 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5,056.49 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nakamichi leasing Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Nakamichi leasing 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.

Nakamichi leasing Co Cyclically Adjusted PS Ratio Chart

Nakamichi leasing Co 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 - - - 0.10 0.11

Nakamichi leasing 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 0.10 0.11 0.12 0.11 0.11

Competitive Comparison of Nakamichi leasing Co's Cyclically Adjusted PS Ratio

For the Credit Services subindustry, Nakamichi leasing 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.


Nakamichi leasing Co's Cyclically Adjusted PS Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Nakamichi leasing Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Nakamichi leasing 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=650.00/5056.49
=0.13

* 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.

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

For example, Nakamichi leasing 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)
=1515.031/106.8000*106.8000
=1,515.031

Current CPI (Dec. 2023) = 106.8000.

Nakamichi leasing Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 578.802 95.700 645.936
201406 595.787 98.000 649.286
201409 635.895 98.500 689.478
201412 636.394 97.900 694.248
201503 736.631 97.900 803.597
201506 807.387 98.400 876.310
201509 713.467 98.500 773.587
201512 1,229.704 98.100 1,338.760
201603 849.033 97.900 926.218
201606 840.629 98.100 915.180
201609 899.639 98.000 980.423
201612 1,305.292 98.400 1,416.719
201703 1,027.207 98.100 1,118.305
201706 1,073.368 98.500 1,163.814
201709 1,198.660 98.800 1,295.717
201712 1,269.969 99.400 1,364.514
201803 1,320.602 99.200 1,421.777
201806 1,306.281 99.200 1,406.359
201809 1,325.076 99.900 1,416.598
201812 1,383.520 99.700 1,482.045
201903 1,318.729 99.700 1,412.640
201906 1,324.465 99.800 1,417.363
201909 1,345.459 100.100 1,435.515
201912 1,364.245 100.500 1,449.765
202003 1,430.271 100.300 1,522.961
202006 1,374.946 99.900 1,469.912
202009 1,367.959 99.900 1,462.443
202012 1,272.796 99.300 1,368.929
202103 1,342.067 99.900 1,434.762
202106 1,328.003 99.500 1,425.434
202109 1,303.494 100.100 1,390.741
202112 1,327.076 100.100 1,415.901
202203 1,573.607 101.100 1,662.327
202206 1,410.516 101.800 1,479.795
202209 1,447.311 103.100 1,499.251
202212 1,437.931 104.100 1,475.226
202303 1,436.214 104.400 1,469.230
202306 1,462.141 105.200 1,484.379
202309 1,386.575 106.200 1,394.409
202312 1,515.031 106.800 1,515.031

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.


Nakamichi leasing Co  (SSE:8594) 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.


Nakamichi leasing Co Cyclically Adjusted PS Ratio Related Terms

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Nakamichi leasing Co (SSE:8594) Business Description

Traded in Other Exchanges
N/A
Address
1-3-3 Higashi Kita-Ichijo, Chuo-ku, Sapporo, JPN, 060-8539
Nakamichi leasing Co Ltd is a Japanese firm which provides general leasing services. It offers finance lease, deferred payment sale (installment) transaction, car and automobile leasing, and financing activities. It has a space system which provides rental service and it also provides comprehensive energy conservation service.

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