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Taiyo Yuden Co (STU:TYC1) Cyclically Adjusted PS Ratio : 1.35 (As of Jun. 07, 2024)


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What is Taiyo Yuden Co Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Taiyo Yuden Co's current share price is €20.20. Taiyo Yuden Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €14.94. Taiyo Yuden Co's Cyclically Adjusted PS Ratio for today is 1.35.

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

STU:TYC1' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.45   Med: 1.59   Max: 3.89
Current: 1.42

During the past years, Taiyo Yuden Co's highest Cyclically Adjusted PS Ratio was 3.89. The lowest was 0.45. And the median was 1.59.

STU:TYC1's Cyclically Adjusted PS Ratio is ranked worse than
58.48% of 1922 companies
in the Hardware industry
Industry Median: 1.1 vs STU:TYC1: 1.42

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.

Taiyo Yuden Co's adjusted revenue per share data for the three months ended in Dec. 2023 was €4.029. 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 €14.94 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taiyo Yuden Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Taiyo Yuden 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.

Taiyo Yuden Co Cyclically Adjusted PS Ratio Chart

Taiyo Yuden 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 1.50 2.67 2.66 1.99 -

Taiyo Yuden 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 1.99 1.81 1.76 1.61 -

Competitive Comparison of Taiyo Yuden Co's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Taiyo Yuden 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.


Taiyo Yuden Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Taiyo Yuden Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Taiyo Yuden 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.

Taiyo Yuden Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=20.20/14.94
=1.35

* 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.

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

For example, Taiyo Yuden 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)
=4.029/106.8000*106.8000
=4.029

Current CPI (Dec. 2023) = 106.8000.

Taiyo Yuden Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.760 95.700 3.080
201406 2.946 98.000 3.211
201409 3.502 98.500 3.797
201412 3.329 97.900 3.632
201503 3.602 97.900 3.929
201506 3.188 98.400 3.460
201509 3.811 98.500 4.132
201512 3.778 98.100 4.113
201603 3.385 97.900 3.693
201606 3.509 98.100 3.820
201609 4.078 98.000 4.444
201612 3.869 98.400 4.199
201703 3.719 98.100 4.049
201706 3.392 98.500 3.678
201709 3.798 98.800 4.106
201712 3.863 99.400 4.151
201803 3.580 99.200 3.854
201806 3.623 99.200 3.901
201809 4.481 99.900 4.790
201812 4.225 99.700 4.526
201903 4.156 99.700 4.452
201906 4.412 99.800 4.721
201909 4.908 100.100 5.237
201912 4.729 100.500 5.025
202003 4.556 100.300 4.851
202006 3.969 99.900 4.243
202009 5.092 99.900 5.444
202012 5.109 99.300 5.495
202103 4.878 99.900 5.215
202106 5.020 99.500 5.388
202109 5.443 100.100 5.807
202112 5.546 100.100 5.917
202203 5.323 101.100 5.623
202206 4.619 101.800 4.846
202209 4.863 103.100 5.038
202212 4.423 104.100 4.538
202303 4.050 104.400 4.143
202306 3.791 105.200 3.849
202309 4.201 106.200 4.225
202312 4.029 106.800 4.029

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.


Taiyo Yuden Co  (STU:TYC1) 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.


Taiyo Yuden Co Cyclically Adjusted PS Ratio Related Terms

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


Taiyo Yuden Co (STU:TYC1) Business Description

Industry
Traded in Other Exchanges
Address
6-16-20, Ueno, Taito-ku, Tokyo, JPN, 110-0005
Taiyo Yuden produces passive components for electronic devices. Passive components are used to enable wireless communication, store electricity, handle electric flow, remove electromagnetic noise from circuits, and so on. Passive components are imperative for electronic circuits—for instance, one high-end smartphone contains more than 1,000 passive components. Taiyo Yuden is the global third multilayer ceramic capacitor player, with 13% market share in 2021.

Taiyo Yuden Co (STU:TYC1) Headlines

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