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JTEC (TSE:2479) Cyclically Adjusted PS Ratio : (As of Dec. 14, 2024)


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What is JTEC Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


JTEC Cyclically Adjusted PS Ratio Historical Data

The historical data trend for JTEC'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.

JTEC Cyclically Adjusted PS Ratio Chart

JTEC 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 0.37 0.49 0.54 0.65 0.65

JTEC 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 0.75 0.65 0.58 0.65 -

Competitive Comparison of JTEC's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, JTEC'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.


JTEC's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



JTEC 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.

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

For example, JTEC'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.

JTEC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 95.885 98.500 106.009
201412 99.187 97.900 110.332
201503 97.599 97.900 108.565
201506 94.232 98.400 104.287
201509 96.393 98.500 106.571
201512 92.961 98.100 103.195
201603 102.461 97.900 113.973
201606 98.216 98.100 109.029
201609 99.032 98.000 110.047
201612 94.075 98.400 104.113
201703 96.064 98.100 106.640
201706 90.563 98.500 100.125
201709 86.609 98.800 95.463
201712 90.448 99.400 99.092
201803 88.817 99.200 97.502
201806 88.562 99.200 97.222
201809 89.472 99.900 97.533
201812 97.490 99.700 106.486
201903 89.203 99.700 97.434
201906 86.832 99.800 94.750
201909 89.726 100.100 97.614
201912 86.587 100.500 93.824
202003 91.356 100.300 99.189
202006 84.627 99.900 92.251
202009 87.261 99.900 95.122
202012 88.150 99.300 96.672
202103 90.125 99.900 98.244
202106 88.941 99.500 97.343
202109 92.060 100.100 100.153
202112 98.617 100.100 107.287
202203 98.566 101.100 106.170
202206 98.574 101.800 105.449
202209 100.318 103.100 105.961
202212 101.128 104.100 105.791
202303 99.618 104.400 103.912
202306 101.922 105.200 105.507
202309 101.846 106.200 104.435
202312 103.902 106.800 105.945
202403 98.781 107.200 100.347
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.


JTEC  (TSE:2479) 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.


JTEC Cyclically Adjusted PS Ratio Related Terms

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JTEC Business Description

Industry
Traded in Other Exchanges
N/A
Address
1-chome Kyobashi 1-chome, KPP Yaesu Building, Chuo - ku, Tokyo, JPN
JTEC Corp has technology work intellectual property leasing business. It is engaged in the mechanical design development, electrical and electronic design development, and contract development of software development. It also provides technical services, technical education service, and integrated consulting service.

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