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Medical System Network Co (TSE:4350) Cyclically Adjusted PS Ratio : 0.17 (As of Jun. 20, 2024)


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What is Medical System Network Co Cyclically Adjusted PS Ratio?

As of today (2024-06-20), Medical System Network Co's current share price is 円598.00. Medical System Network Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円3,549.90. Medical System Network Co's Cyclically Adjusted PS Ratio for today is 0.17.

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

TSE:4350' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.17   Max: 0.31
Current: 0.17

During the past years, Medical System Network Co's highest Cyclically Adjusted PS Ratio was 0.31. The lowest was 0.02. And the median was 0.17.

TSE:4350's Cyclically Adjusted PS Ratio is ranked better than
90.41% of 344 companies
in the Healthcare Providers & Services industry
Industry Median: 1.19 vs TSE:4350: 0.17

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.

Medical System Network Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円984.592. 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3,549.90 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Medical System Network Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Medical System Network 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.

* Premium members only.

Medical System Network Co Cyclically Adjusted PS Ratio Chart

Medical System Network 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 0.15 0.24 0.17 0.12 -

Medical System Network Co 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 0.12 0.11 0.12 0.18 -

Competitive Comparison of Medical System Network Co's Cyclically Adjusted PS Ratio

For the Pharmaceutical Retailers subindustry, Medical System Network 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.


Medical System Network Co's Cyclically Adjusted PS Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Medical System Network Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Medical System Network Co's Cyclically Adjusted PS Ratio falls into.



Medical System Network 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.

Medical System Network Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=598.00/3549.9
=0.17

* 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.

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

For example, Medical System Network Co'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)
=984.592/106.8000*106.8000
=984.592

Current CPI (Dec. 2023) = 106.8000.

Medical System Network Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 770.100 95.700 859.422
201406 743.763 98.000 810.550
201409 759.545 98.500 823.547
201412 821.961 97.900 896.685
201503 837.324 97.900 913.444
201506 843.249 98.400 915.234
201509 696.394 98.500 755.075
201512 754.054 98.100 820.927
201603 783.504 97.900 854.732
201606 725.986 98.100 790.370
201609 739.868 98.000 806.305
201612 770.603 98.400 836.386
201703 764.928 98.100 832.766
201706 788.706 98.500 855.165
201709 783.572 98.800 847.019
201712 809.849 99.400 870.140
201803 775.338 99.200 834.739
201806 786.548 99.200 846.808
201809 780.147 99.900 834.031
201812 805.203 99.700 862.544
201903 825.359 99.700 884.136
201906 842.599 99.800 901.699
201909 872.803 100.100 931.222
201912 878.542 100.500 933.615
202003 865.607 100.300 921.703
202006 828.570 99.900 885.799
202009 846.403 99.900 904.863
202012 886.920 99.300 953.908
202103 862.451 99.900 922.020
202106 859.388 99.500 922.439
202109 870.149 100.100 928.391
202112 917.824 100.100 979.257
202203 888.598 101.100 938.697
202206 871.434 101.800 914.235
202209 896.020 103.100 928.176
202212 945.624 104.100 970.150
202303 916.962 104.400 938.042
202306 916.399 105.200 930.337
202309 954.472 106.200 959.864
202312 984.592 106.800 984.592

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.


Medical System Network Co  (TSE:4350) 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.


Medical System Network Co Cyclically Adjusted PS Ratio Related Terms

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


Medical System Network Co (TSE:4350) Business Description

Traded in Other Exchanges
N/A
Address
AKK floor Building 6 at 3-chome, Kita 24-jo Nishi 10, Chuo-ku, Sapporo, JPN, 060-0010
Medical System Network Co Ltd is involved in its network business of dispensing pharmacy business. It also operates a network database used by pharmacies to access patients' prescriptions. It operates through the following business divisions: Pharmaceutical Product Network; Dispensing Pharmacy; Leasing and Equipment-related Business; Food Supply business and others.

Medical System Network Co (TSE:4350) Headlines

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