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Optim (TSE:3694) Cyclically Adjusted PS Ratio : 6.07 (As of Jun. 07, 2024)


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What is Optim Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Optim's current share price is 円675.00. Optim's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円111.19. Optim's Cyclically Adjusted PS Ratio for today is 6.07.

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

TSE:3694' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.09   Med: 8.43   Max: 10.43
Current: 6.09

During the past years, Optim's highest Cyclically Adjusted PS Ratio was 10.43. The lowest was 6.09. And the median was 8.43.

TSE:3694's Cyclically Adjusted PS Ratio is ranked worse than
82.75% of 1461 companies
in the Software industry
Industry Median: 1.82 vs TSE:3694: 6.09

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.

Optim's adjusted revenue per share data for the three months ended in Dec. 2023 was 円48.284. 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111.19 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Optim Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Optim'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.

Optim Cyclically Adjusted PS Ratio Chart

Optim Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
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Optim 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 - - - 7.43 -

Competitive Comparison of Optim's Cyclically Adjusted PS Ratio

For the Software - Infrastructure subindustry, Optim'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.


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

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

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



Optim 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=675.00/111.19
=6.07

* 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.

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

For example, Optim'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)
=48.284/106.8000*106.8000
=48.284

Current CPI (Dec. 2023) = 106.8000.

Optim Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.000 95.700 0.000
201406 9.706 98.000 10.578
201409 9.294 98.500 10.077
201412 8.674 97.900 9.463
201503 12.908 97.900 14.081
201506 9.874 98.400 10.717
201509 11.583 98.500 12.559
201512 11.226 98.100 12.222
201603 13.892 97.900 15.155
201606 14.400 98.100 15.677
201609 14.084 98.000 15.349
201612 13.242 98.400 14.372
201703 18.084 98.100 19.688
201706 15.649 98.500 16.968
201709 16.680 98.800 18.031
201712 18.367 99.400 19.734
201803 25.243 99.200 27.177
201806 19.087 99.200 20.549
201809 23.495 99.900 25.118
201812 23.015 99.700 24.654
201903 33.753 99.700 36.157
201906 21.300 99.800 22.794
201909 32.054 100.100 34.199
201912 28.470 100.500 30.255
202003 40.462 100.300 43.084
202006 24.412 99.900 26.098
202009 30.406 99.900 32.506
202012 31.600 99.300 33.987
202103 48.911 99.900 52.289
202106 30.335 99.500 32.561
202109 33.188 100.100 35.409
202112 33.640 100.100 35.892
202203 52.776 101.100 55.752
202206 34.971 101.800 36.689
202209 39.916 103.100 41.348
202212 39.274 104.100 40.293
202303 53.225 104.400 54.449
202306 36.484 105.200 37.039
202309 42.594 106.200 42.835
202312 48.284 106.800 48.284

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.


Optim  (TSE:3694) 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.


Optim Cyclically Adjusted PS Ratio Related Terms

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


Optim (TSE:3694) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Atago Green Hills MORI Tower 19F, 2-5-1, Atago, Minato-ku, Tokyo, JPN, 105-6219
Optim Corp is engaged in the business of license sales and maintenance support service. The company offers IoT platform service, remote management service, support service, and other unique services. It provides services like sharing the screen of smartphones and tablet, repairing service for internet and smartphone, and provision of e-books, digital magazines and software packages.

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