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Appirits (TSE:4174) Cyclically Adjusted PS Ratio : (As of May. 01, 2024)


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What is Appirits Cyclically Adjusted PS Ratio?

Appirits does not have a history long enough to calculate Cyclically Adjusted Revenue per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PS Ratio for this company.

Shiller PE for Stocks: The True Measure of Stock Valuation


Appirits Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Appirits'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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Appirits Cyclically Adjusted PS Ratio Chart

Appirits Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23
Cyclically Adjusted PS Ratio
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Appirits Quarterly Data
Jan19 Jan20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Competitive Comparison of Appirits's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, Appirits'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.


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

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

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



Appirits 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.

Appirits does not have a history long enough to calculate Cyclically Adjusted Revenue per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PS Ratio for this company.


Appirits  (TSE:4174) 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.


Appirits Cyclically Adjusted PS Ratio Related Terms

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Appirits (TSE:4174) Business Description

Industry
Traded in Other Exchanges
N/A
Address
6-27-8 Jingumae, Kyocera Harajuku Building 5th Floor, Shibuya-ku, Tokyo, JPN, 150-0001
Appirits Inc is primarily involved in the business such as entertainment services and web system development.

Appirits (TSE:4174) Headlines

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