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fonfun (TSE:2323) Cyclically Adjusted PS Ratio : (As of Jun. 03, 2025)


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What is fonfun Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


fonfun Cyclically Adjusted PS Ratio Historical Data

The historical data trend for fonfun'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.

fonfun Cyclically Adjusted PS Ratio Chart

fonfun 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 1.81 2.57 1.48 1.75 4.43

fonfun Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 2.73 4.00 4.94 4.43 -

Competitive Comparison of fonfun's Cyclically Adjusted PS Ratio

For the Information Technology Services subindustry, fonfun'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.


fonfun's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, fonfun's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


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fonfun 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.

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

For example, fonfun's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0/108.9000*108.9000
=0.000

Current CPI (Sep. 2024) = 108.9000.

fonfun Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 19.727 98.500 21.810
201412 21.676 97.900 24.112
201503 29.196 97.900 32.476
201506 22.108 98.400 24.467
201509 22.243 98.500 24.591
201512 20.717 98.100 22.998
201603 25.832 97.900 28.734
201606 24.485 98.100 27.181
201609 23.167 98.000 25.744
201612 26.625 98.400 29.466
201703 30.580 98.100 33.947
201706 22.486 98.500 24.860
201709 24.054 98.800 26.513
201712 23.591 99.400 25.846
201803 28.926 99.200 31.754
201806 22.763 99.200 24.989
201809 23.602 99.900 25.728
201812 24.809 99.700 27.098
201903 24.164 99.700 26.394
201906 26.381 99.800 28.786
201909 20.743 100.100 22.567
201912 20.163 100.500 21.848
202003 21.706 100.300 23.567
202006 23.024 99.900 25.098
202009 22.139 99.900 24.134
202012 22.036 99.300 24.166
202103 21.565 99.900 23.508
202106 22.063 99.500 24.147
202109 19.354 100.100 21.055
202112 20.130 100.100 21.900
202203 21.828 101.100 23.512
202206 20.499 101.800 21.929
202209 20.982 103.100 22.162
202212 27.660 104.100 28.935
202303 -10.207 104.400 -10.647
202306 25.834 105.200 26.743
202309 23.956 106.200 24.565
202312 25.671 106.800 26.176
202403 29.437 107.200 29.904
202409 0.000 108.900 0.000

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.


fonfun  (TSE:2323) 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.


fonfun Cyclically Adjusted PS Ratio Related Terms

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


fonfun Business Description

Industry
Traded in Other Exchanges
N/A
Address
2-1-6 Sasazuka Shibuya-ku, 6th Floor, Sasazuka Center Building, Tokyo, JPN
fonfun Corp provides various content services with a focus on services for the Internet-enabled mobile phone. Its web security business provides web application diagnosis and network diagnostics.

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