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Adways (TSE:2489) Cyclically Adjusted PS Ratio : 0.44 (As of Jun. 08, 2024)


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What is Adways Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Adways's current share price is 円390.00. Adways's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円877.74. Adways's Cyclically Adjusted PS Ratio for today is 0.44.

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

TSE:2489' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.69   Max: 1.18
Current: 0.44

During the past years, Adways's highest Cyclically Adjusted PS Ratio was 1.18. The lowest was 0.24. And the median was 0.69.

TSE:2489's Cyclically Adjusted PS Ratio is ranked better than
83% of 300 companies
in the Interactive Media industry
Industry Median: 1.51 vs TSE:2489: 0.44

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.

Adways's adjusted revenue per share data for the three months ended in Mar. 2024 was 円84.409. 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877.74 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Adways Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Adways'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.

Adways Cyclically Adjusted PS Ratio Chart

Adways Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.52 0.27 0.90 0.55

Adways 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 0.75 0.74 0.62 0.57 0.50

Competitive Comparison of Adways's Cyclically Adjusted PS Ratio

For the Internet Content & Information subindustry, Adways'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.


Adways's Cyclically Adjusted PS Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Adways's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Adways 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.

Adways's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=390.00/877.74
=0.44

* 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=84.409/107.2000*107.2000
=84.409

Current CPI (Mar. 2024) = 107.2000.

Adways Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 212.346 98.000 232.281
201409 209.109 98.500 227.579
201412 201.507 97.900 220.649
201503 237.885 97.900 260.483
201506 228.111 98.400 248.511
201509 243.353 98.500 264.847
201512 221.614 98.100 242.171
201603 260.979 97.900 285.771
201606 256.696 98.100 280.508
201609 242.320 98.000 265.068
201612 252.715 98.400 275.316
201703 292.153 98.100 319.254
201706 276.011 98.500 300.390
201709 272.741 98.800 295.930
201712 234.094 99.400 252.464
201803 288.229 99.200 311.473
201806 295.321 99.200 319.137
201809 284.570 99.900 305.364
201812 258.826 99.700 278.296
201903 240.644 99.700 258.747
201906 232.932 99.800 250.204
201909 232.179 100.100 248.647
201912 219.430 100.500 234.059
202003 244.180 100.300 260.978
202006 240.533 99.900 258.109
202009 275.878 99.900 296.037
202012 287.596 99.300 310.476
202103 385.529 99.900 413.701
202106 71.662 99.500 77.208
202109 78.396 100.100 83.957
202112 101.232 100.100 108.412
202203 85.954 101.100 91.140
202206 80.738 101.800 85.021
202209 81.155 103.100 84.382
202212 87.516 104.100 90.122
202303 88.490 104.400 90.863
202306 91.545 105.200 93.285
202309 83.945 106.200 84.735
202312 87.055 106.800 87.381
202403 84.409 107.200 84.409

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.


Adways  (TSE:2489) 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.


Adways Cyclically Adjusted PS Ratio Related Terms

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


Adways (TSE:2489) Business Description

Traded in Other Exchanges
Address
Sumitomo Fudousan Shinjuku OakTower 4th floor, Tokyo, JPN
Adways Inc engages in the provision of advertising services. It also deals with mobile applications and contents development for media advertising. Its operations include advertising business, applications and media business, overseas business. The advertising business covers primarily internet advertisements. The applications and media business develops and manages smartphone applications and media contents. The overseas business offers internet marketing services overseas.

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