GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Nippon Ichi Software Inc (TSE:3851) » Definitions » Cyclically Adjusted PS Ratio

Nippon Ichi Software (TSE:3851) Cyclically Adjusted PS Ratio : 1.05 (As of Jun. 20, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Nippon Ichi Software Cyclically Adjusted PS Ratio?

As of today (2024-06-20), Nippon Ichi Software's current share price is 円991.00. Nippon Ichi Software's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円940.46. Nippon Ichi Software's Cyclically Adjusted PS Ratio for today is 1.05.

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

TSE:3851' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.95   Med: 1.57   Max: 2.77
Current: 1.06

During the past years, Nippon Ichi Software's highest Cyclically Adjusted PS Ratio was 2.77. The lowest was 0.95. And the median was 1.57.

TSE:3851's Cyclically Adjusted PS Ratio is ranked better than
60.86% of 304 companies
in the Interactive Media industry
Industry Median: 1.5 vs TSE:3851: 1.06

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.

Nippon Ichi Software's adjusted revenue per share data for the three months ended in Dec. 2023 was 円266.310. 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940.46 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nippon Ichi Software Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Nippon Ichi Software'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.

Nippon Ichi Software Cyclically Adjusted PS Ratio Chart

Nippon Ichi Software 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 2.73 1.10 1.51 1.73 1.28

Nippon Ichi Software 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 1.26 1.28 1.28 1.24 1.08

Competitive Comparison of Nippon Ichi Software's Cyclically Adjusted PS Ratio

For the Electronic Gaming & Multimedia subindustry, Nippon Ichi Software'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.


Nippon Ichi Software's Cyclically Adjusted PS Ratio Distribution in the Interactive Media Industry

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

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



Nippon Ichi Software 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.

Nippon Ichi Software's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=991.00/940.46
=1.05

* 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.

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

For example, Nippon Ichi Software'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)
=266.31/106.8000*106.8000
=266.310

Current CPI (Dec. 2023) = 106.8000.

Nippon Ichi Software Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 179.711 95.700 200.555
201406 154.606 98.000 168.489
201409 259.251 98.500 281.097
201412 136.403 97.900 148.803
201503 184.600 97.900 201.382
201506 92.201 98.400 100.072
201509 202.909 98.500 220.007
201512 259.407 98.100 282.413
201603 184.062 97.900 200.795
201606 229.455 98.100 249.804
201609 167.918 98.000 182.996
201612 96.394 98.400 104.623
201703 184.278 98.100 200.621
201706 263.803 98.500 286.032
201709 322.312 98.800 348.410
201712 162.401 99.400 174.491
201803 190.234 99.200 204.808
201806 212.755 99.200 229.055
201809 303.746 99.900 324.725
201812 193.009 99.700 206.754
201903 181.438 99.700 194.359
201906 150.743 99.800 161.316
201909 127.107 100.100 135.615
201912 177.293 100.500 188.407
202003 202.666 100.300 215.800
202006 209.953 99.900 224.454
202009 203.372 99.900 217.419
202012 268.674 99.300 288.967
202103 363.302 99.900 388.395
202106 405.990 99.500 435.776
202109 305.937 100.100 326.414
202112 181.491 100.100 193.639
202203 237.359 101.100 250.741
202206 248.116 101.800 260.302
202209 220.547 103.100 228.462
202212 194.505 104.100 199.550
202303 294.045 104.400 300.805
202306 259.628 105.200 263.577
202309 346.372 106.200 348.329
202312 266.310 106.800 266.310

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.


Nippon Ichi Software  (TSE:3851) 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.


Nippon Ichi Software Cyclically Adjusted PS Ratio Related Terms

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


Nippon Ichi Software (TSE:3851) Business Description

Traded in Other Exchanges
N/A
Address
Kanamihara shi Suahara Tsukioka 3-Chome 17, Gifu prefecture, Gifu, JPN
Nippon Ichi Software Inc is engaged in developing, manufacturing, and selling computer software in Japan and other Asian countries, North America, and Europe. It develops software for consumer game machines, mobile game machines, mobile phones, smartphones, arcades, Web and produces content of various genres.

Nippon Ichi Software (TSE:3851) Headlines

No Headlines