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Shibaura Mechatronics (TSE:6590) Cyclically Adjusted PS Ratio : (As of Jun. 19, 2024)


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What is Shibaura Mechatronics Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Shibaura Mechatronics Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Shibaura Mechatronics'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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Shibaura Mechatronics Cyclically Adjusted PS Ratio Chart

Shibaura Mechatronics 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 0.26 0.60 0.89 1.50 -

Shibaura Mechatronics 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 1.50 2.03 1.89 1.55 -

Competitive Comparison of Shibaura Mechatronics's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Shibaura Mechatronics'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.


Shibaura Mechatronics's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Shibaura Mechatronics 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.

Shibaura Mechatronics's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Shibaura Mechatronics's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1496.08/107.2000*107.2000
=1,496.080

Current CPI (Mar. 2024) = 107.2000.

Shibaura Mechatronics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 445.591 98.000 487.422
201409 891.790 98.500 970.557
201412 630.709 97.900 690.623
201503 986.776 97.900 1,080.515
201506 682.364 98.400 743.388
201509 797.193 98.500 867.605
201512 673.121 98.100 735.561
201603 920.451 97.900 1,007.889
201606 701.167 98.100 766.209
201609 797.652 98.000 872.534
201612 582.079 98.400 634.135
201703 802.699 98.100 877.159
201706 670.175 98.500 729.368
201709 852.767 98.800 925.269
201712 814.009 99.400 877.885
201803 1,126.970 99.200 1,217.855
201806 912.428 99.200 986.011
201809 1,129.218 99.900 1,211.733
201812 847.156 99.700 910.884
201903 1,123.432 99.700 1,207.943
201906 792.120 99.800 850.854
201909 1,040.496 100.100 1,114.297
201912 794.320 100.500 847.275
202003 934.824 100.300 999.134
202006 745.147 99.900 799.597
202009 1,017.290 99.900 1,091.627
202012 650.581 99.300 702.339
202103 969.057 99.900 1,039.869
202106 762.552 99.500 821.564
202109 891.706 100.100 954.954
202112 886.952 100.100 949.863
202203 1,176.963 101.100 1,247.977
202206 1,043.016 101.800 1,098.343
202209 1,164.378 103.100 1,210.682
202212 1,222.164 104.100 1,258.559
202303 1,172.071 104.400 1,203.506
202306 1,074.962 105.200 1,095.399
202309 1,228.427 106.200 1,239.994
202312 1,321.477 106.800 1,326.426
202403 1,496.080 107.200 1,496.080

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.


Shibaura Mechatronics  (TSE:6590) 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.


Shibaura Mechatronics Cyclically Adjusted PS Ratio Related Terms

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


Shibaura Mechatronics (TSE:6590) Business Description

Traded in Other Exchanges
N/A
Address
2-5-1, Kasama, Sakae-ku, Yokohama, Kanagawa, JPN, 247-8610
Shibaura Mechatronics Corp is a Japanese infrastructure provider. The company is engaged in the development of manufacturing equipment for flat panel displays, semiconductors, electronic components and optical thin films. Its products include wet cleaning equipment, stripping equipment, advanced reticle etching system, chemical dry etching equipment, automation system, manufacturing equipment, pattern cutting equipment, among others. It also offers various services including maintenance, overhauls, machine management, and repair.

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