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IC Co (TSE:4769) Cyclically Adjusted PS Ratio : (As of May. 24, 2025)


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What is IC Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


IC Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for IC 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.

IC Co Cyclically Adjusted PS Ratio Chart

IC Co Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 0.91 0.89 0.81 -

IC Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Mar25
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 0.81 0.83 0.84 - -

Competitive Comparison of IC Co's Cyclically Adjusted PS Ratio

For the Information Technology Services subindustry, IC 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.


IC Co's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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


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IC 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.

IC Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, IC Co's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0/111.1000*111.1000
=0.000

Current CPI (Mar. 2025) = 111.1000.

IC Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 208.600 97.900 236.726
201503 237.962 97.900 270.047
201506 207.537 98.400 234.323
201509 233.134 98.500 262.956
201512 216.749 98.100 245.472
201603 254.779 97.900 289.131
201606 230.446 98.100 260.984
201609 249.032 98.000 282.321
201612 231.406 98.400 261.272
201703 263.989 98.100 298.972
201706 221.581 98.500 249.925
201709 249.135 98.800 280.151
201712 234.086 99.400 261.639
201803 270.673 99.200 303.143
201806 241.819 99.200 270.828
201809 272.551 99.900 303.107
201812 249.215 99.700 277.711
201903 291.501 99.700 324.832
201906 249.010 99.800 277.205
201909 293.337 100.100 325.572
201912 262.034 100.500 289.671
202003 297.850 100.300 329.922
202006 249.439 99.900 277.404
202009 288.359 99.900 320.688
202012 250.061 99.300 279.776
202103 276.373 99.900 307.358
202106 245.407 99.500 274.017
202109 280.754 100.100 311.606
202112 274.896 100.100 305.104
202203 284.878 101.100 313.056
202206 273.858 101.800 298.876
202209 279.004 103.100 300.653
202212 278.995 104.100 297.755
202303 283.378 104.400 301.564
202306 275.957 105.200 291.434
202309 290.445 106.200 303.846
202312 297.204 106.800 309.170
202403 318.591 107.200 330.182
202409 0.000 108.900 0.000
202503 0.000 111.100 0.000

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.


IC Co  (TSE:4769) 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.


IC Co Cyclically Adjusted PS Ratio Related Terms

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


IC Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 22, No. 7 Minamioi 6-chome, E Omori Bellport Museum, Shinagawa-ku, Tokyo, JPN, 140-0013
IC Co Ltd is engaged in providing information technology services. The business of the company includes software development, infrastructure design construction, system operation support, and package development and introduction support.

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