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Osaki Electric Co (TSE:6644) Cyclically Adjusted PS Ratio : 0.35 (As of Jun. 23, 2024)


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What is Osaki Electric Co Cyclically Adjusted PS Ratio?

As of today (2024-06-23), Osaki Electric Co's current share price is 円657.00. Osaki Electric Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円1,853.76. Osaki Electric Co's Cyclically Adjusted PS Ratio for today is 0.35.

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

TSE:6644' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.35   Max: 0.57
Current: 0.35

During the past years, Osaki Electric Co's highest Cyclically Adjusted PS Ratio was 0.57. The lowest was 0.26. And the median was 0.35.

TSE:6644's Cyclically Adjusted PS Ratio is ranked better than
78.94% of 1923 companies
in the Hardware industry
Industry Median: 1.09 vs TSE:6644: 0.35

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.

Osaki Electric Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円507.896. 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1,853.76 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Osaki Electric Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Osaki Electric 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.

Osaki Electric Co Cyclically Adjusted PS Ratio Chart

Osaki Electric Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.33 0.37 0.27 0.30

Osaki Electric Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.30 0.30 0.30 0.37 0.35

Competitive Comparison of Osaki Electric Co's Cyclically Adjusted PS Ratio

For the Scientific & Technical Instruments subindustry, Osaki Electric 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.


Osaki Electric Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Osaki Electric 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.

Osaki Electric Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=657.00/1853.76
=0.35

* 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.

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

For example, Osaki Electric 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)
=507.896/106.8000*106.8000
=507.896

Current CPI (Dec. 2023) = 106.8000.

Osaki Electric Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 611.630 95.700 682.571
201406 458.436 98.000 499.602
201409 525.959 98.500 570.278
201412 519.934 97.900 567.201
201503 524.180 97.900 571.833
201506 322.425 98.400 349.949
201509 351.856 98.500 381.505
201512 398.774 98.100 434.139
201603 458.388 97.900 500.060
201606 371.812 98.100 404.786
201609 421.328 98.000 459.162
201612 434.861 98.400 471.983
201703 515.673 98.100 561.405
201706 366.995 98.500 397.919
201709 372.507 98.800 402.670
201712 407.085 99.400 437.391
201803 444.496 99.200 478.550
201806 328.668 99.200 353.848
201809 390.713 99.900 417.699
201812 387.157 99.700 414.728
201903 548.198 99.700 587.237
201906 409.202 99.800 437.904
201909 467.956 100.100 499.278
201912 454.774 100.500 483.282
202003 479.037 100.300 510.081
202006 395.474 99.900 422.789
202009 334.094 99.900 357.170
202012 364.194 99.300 391.701
202103 449.796 99.900 480.863
202106 355.788 99.500 381.891
202109 373.997 100.100 399.030
202112 360.219 100.100 384.330
202203 455.911 101.100 481.615
202206 397.983 101.800 417.530
202209 418.047 103.100 433.050
202212 439.570 104.100 450.971
202303 601.628 104.400 615.459
202306 449.879 105.200 456.721
202309 478.847 106.200 481.552
202312 507.896 106.800 507.896

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.


Osaki Electric Co  (TSE:6644) 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.


Osaki Electric Co Cyclically Adjusted PS Ratio Related Terms

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


Osaki Electric Co (TSE:6644) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2-10-2 Higashi-Gotanda, Shinagawa-ku, Tokyo, JPN, 141-8646
Osaki Electric Co Ltd is a Japan based company engaged in manufacturing measurement and control equipment. Its product offering includes electricity meter, meter transformer, power distribution automation equipment, time switch, demand control equipment, energy management system, automatic meter reading system, smart home-related equipment, optical communications equipment, distribution board, other manufacturing and sales of electrical machinery and equipment.

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