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System Location Co (TSE:2480) Cyclically Adjusted PS Ratio : 3.86 (As of May. 13, 2024)


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What is System Location Co Cyclically Adjusted PS Ratio?

As of today (2024-05-13), System Location Co's current share price is 円1353.00. System Location Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円350.87. System Location Co's Cyclically Adjusted PS Ratio for today is 3.86.

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

TSE:2480' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.99   Med: 4.83   Max: 6.85
Current: 3.84

During the past years, System Location Co's highest Cyclically Adjusted PS Ratio was 6.85. The lowest was 2.99. And the median was 4.83.

TSE:2480's Cyclically Adjusted PS Ratio is ranked worse than
86.4% of 691 companies
in the Business Services industry
Industry Median: 0.88 vs TSE:2480: 3.84

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.

System Location Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円128.189. 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350.87 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


System Location Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for System Location 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.

System Location Co Cyclically Adjusted PS Ratio Chart

System Location Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.32 3.47 5.34 5.51 4.46

System Location 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 4.52 4.46 4.21 4.11 4.01

Competitive Comparison of System Location Co's Cyclically Adjusted PS Ratio

For the Specialty Business Services subindustry, System Location 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.


System Location Co's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, System Location Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



System Location 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.

System Location Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1353.00/350.87
=3.86

* 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.

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

For example, System Location 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)
=128.189/106.8000*106.8000
=128.189

Current CPI (Dec. 2023) = 106.8000.

System Location Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 67.102 95.700 74.885
201406 76.864 98.000 83.766
201409 82.305 98.500 89.240
201412 73.998 97.900 80.725
201503 78.642 97.900 85.791
201506 84.416 98.400 91.622
201509 72.740 98.500 78.869
201512 67.481 98.100 73.466
201603 68.002 97.900 74.184
201606 69.254 98.100 75.396
201609 70.578 98.000 76.916
201612 68.171 98.400 73.990
201703 65.475 98.100 71.282
201706 58.224 98.500 63.130
201709 62.632 98.800 67.703
201712 60.683 99.400 65.201
201803 64.328 99.200 69.256
201806 63.162 99.200 68.001
201809 63.710 99.900 68.110
201812 66.088 99.700 70.794
201903 70.889 99.700 75.937
201906 71.217 99.800 76.212
201909 74.716 100.100 79.717
201912 76.276 100.500 81.057
202003 79.864 100.300 85.040
202006 76.663 99.900 81.958
202009 79.032 99.900 84.491
202012 80.170 99.300 86.225
202103 86.132 99.900 92.081
202106 88.130 99.500 94.596
202109 91.012 100.100 97.104
202112 89.774 100.100 95.783
202203 100.179 101.100 105.827
202206 116.287 101.800 121.999
202209 121.052 103.100 125.396
202212 121.677 104.100 124.833
202303 121.731 104.400 124.529
202306 121.603 105.200 123.452
202309 121.249 106.200 121.934
202312 128.189 106.800 128.189

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.


System Location Co  (TSE:2480) 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.


System Location Co Cyclically Adjusted PS Ratio Related Terms

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


System Location Co (TSE:2480) Business Description

Traded in Other Exchanges
N/A
Address
2-6-3, Higashiyama, Meguro-ku, Tokyo, JPN, 153-0043
System Location Co., Ltd is engaged in providing business support for automobile related businesses. The services offered by the company include vehicle value calculation system, vehicle catalog database, new car sales support, and auto lease sales support portal site.

System Location Co (TSE:2480) Headlines

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