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Encourage Technologies Co (TSE:3682) Cyclically Adjusted PS Ratio : (As of Jun. 02, 2025)


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What is Encourage Technologies Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Encourage Technologies Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Encourage Technologies 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.

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Encourage Technologies Co Cyclically Adjusted PS Ratio Chart

Encourage Technologies 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 - - - - 2.13

Encourage Technologies Co 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 1.80 1.75 1.87 2.13 -

Competitive Comparison of Encourage Technologies Co's Cyclically Adjusted PS Ratio

For the Information Technology Services subindustry, Encourage Technologies 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.


Encourage Technologies Co's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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


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Encourage Technologies 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.

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

For example, Encourage Technologies Co'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.

Encourage Technologies Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 49.389 98.500 54.604
201412 41.588 97.900 46.261
201503 69.293 97.900 77.079
201506 49.047 98.400 54.281
201509 58.065 98.500 64.196
201512 52.852 98.100 58.671
201603 74.337 97.900 82.689
201606 58.622 98.100 65.076
201609 67.212 98.000 74.688
201612 62.989 98.400 69.710
201703 81.489 98.100 90.460
201706 62.610 98.500 69.221
201709 70.944 98.800 78.196
201712 64.157 99.400 70.289
201803 76.925 99.200 84.447
201806 79.128 99.200 86.865
201809 94.995 99.900 103.553
201812 78.518 99.700 85.763
201903 77.583 99.700 84.742
201906 73.068 99.800 79.731
201909 77.837 100.100 84.680
201912 63.892 100.500 69.232
202003 59.901 100.300 65.037
202006 61.449 99.900 66.985
202009 66.068 99.900 72.020
202012 67.939 99.300 74.507
202103 74.048 99.900 80.719
202106 65.059 99.500 71.205
202109 76.789 100.100 83.540
202112 84.512 100.100 91.942
202203 84.226 101.100 90.724
202206 77.189 101.800 82.573
202209 74.551 103.100 78.745
202212 80.686 104.100 84.406
202303 85.939 104.400 89.643
202306 82.539 105.200 85.442
202309 95.258 106.200 97.680
202312 89.758 106.800 91.523
202403 107.543 107.200 109.248
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.


Encourage Technologies Co  (TSE:3682) 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.


Encourage Technologies Co Cyclically Adjusted PS Ratio Related Terms

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Encourage Technologies Co Business Description

Traded in Other Exchanges
N/A
Address
Tornare Nihonbashi Hamacho 7F, 3-3-2, Nihonbashi Hama-cho, Chuo-ku, Tokyo, JPN, 103-0007
Encourage Technologies Co Ltd develops software that monitors and audits user activity in IT systems. The company also provides maintenance support after the installation of the software as well consulting services.

Encourage Technologies Co Headlines

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