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SB Technology (TSE:4726) Cyclically Adjusted PS Ratio : 1.00 (As of Jun. 13, 2024)


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What is SB Technology Cyclically Adjusted PS Ratio?

As of today (2024-06-13), SB Technology's current share price is 円2940.00. SB Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円2,948.86. SB Technology's Cyclically Adjusted PS Ratio for today is 1.00.

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

TSE:4726' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.67   Med: 0.98   Max: 1.78
Current: 1

During the past years, SB Technology's highest Cyclically Adjusted PS Ratio was 1.78. The lowest was 0.67. And the median was 0.98.

TSE:4726's Cyclically Adjusted PS Ratio is ranked better than
66.44% of 1457 companies
in the Software industry
Industry Median: 1.81 vs TSE:4726: 1.00

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.

SB Technology's adjusted revenue per share data for the three months ended in Dec. 2023 was 円780.947. 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2,948.86 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


SB Technology Cyclically Adjusted PS Ratio Historical Data

The historical data trend for SB Technology'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.

SB Technology Cyclically Adjusted PS Ratio Chart

SB Technology 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 0.97 1.35 0.99 0.71 -

SB Technology 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 0.71 0.92 0.78 0.81 -

Competitive Comparison of SB Technology's Cyclically Adjusted PS Ratio

For the Information Technology Services subindustry, SB Technology'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.


SB Technology's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



SB Technology 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.

SB Technology's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2940.00/2948.86
=1.00

* 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.

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

For example, SB Technology'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)
=780.947/106.8000*106.8000
=780.947

Current CPI (Dec. 2023) = 106.8000.

SB Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 574.975 95.700 641.665
201406 497.198 98.000 541.844
201409 507.087 98.500 549.816
201412 458.083 97.900 499.727
201503 571.247 97.900 623.179
201506 469.687 98.400 509.782
201509 533.143 98.500 578.068
201512 532.599 98.100 579.833
201603 777.260 97.900 847.920
201606 542.371 98.100 590.471
201609 614.645 98.000 669.838
201612 563.366 98.400 611.458
201703 782.752 98.100 852.170
201706 598.620 98.500 649.062
201709 594.248 98.800 642.365
201712 582.200 99.400 625.543
201803 655.208 99.200 705.405
201806 609.547 99.200 656.246
201809 613.463 99.900 655.834
201812 603.803 99.700 646.802
201903 683.182 99.700 731.834
201906 644.903 99.800 690.137
201909 684.226 100.100 730.023
201912 692.020 100.500 735.400
202003 853.919 100.300 909.258
202006 729.452 99.900 779.835
202009 840.169 99.900 898.199
202012 844.488 99.300 908.271
202103 1,051.418 99.900 1,124.038
202106 733.993 99.500 787.844
202109 796.428 100.100 849.735
202112 794.060 100.100 847.209
202203 911.041 101.100 962.405
202206 763.082 101.800 800.561
202209 799.307 103.100 827.992
202212 825.961 104.100 847.384
202303 949.088 104.400 970.906
202306 795.672 105.200 807.773
202309 817.181 106.200 821.798
202312 780.947 106.800 780.947

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.


SB Technology  (TSE:4726) 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.


SB Technology Cyclically Adjusted PS Ratio Related Terms

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


SB Technology (TSE:4726) Business Description

Industry
Traded in Other Exchanges
Address
Iidabashi Building 3rd, 13-1 Nishigokencho, Shinjuku-ku, Tokyo, JPN, 162-0812
SB Technology Corp. is a Japan-based company engaged in E-business. The company offers ICT services including data analytics, security solutions, cloud solutions, IT infrastructure solutions, and E-commerce services. It is also involved in planning, designing, development, and operation of IT systems, mobile apps and IoT apps through its system integration services.

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