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MORIO DENKI Co (TSE:6647) Cyclically Adjusted PS Ratio : 0.25 (As of Sep. 21, 2024)


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What is MORIO DENKI Co Cyclically Adjusted PS Ratio?

As of today (2024-09-21), MORIO DENKI Co's current share price is 円1638.00. MORIO DENKI Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円6,454.85. MORIO DENKI Co's Cyclically Adjusted PS Ratio for today is 0.25.

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

TSE:6647' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.3   Max: 0.43
Current: 0.25

During the past years, MORIO DENKI Co's highest Cyclically Adjusted PS Ratio was 0.43. The lowest was 0.24. And the median was 0.30.

TSE:6647's Cyclically Adjusted PS Ratio is ranked better than
91.15% of 2057 companies
in the Industrial Products industry
Industry Median: 1.44 vs TSE:6647: 0.25

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.

MORIO DENKI Co's adjusted revenue per share data for the three months ended in Mar. 2024 was 円1,485.946. 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6,454.85 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MORIO DENKI Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for MORIO DENKI 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.

MORIO DENKI Co Cyclically Adjusted PS Ratio Chart

MORIO DENKI 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 0.26 0.31 0.31 0.28 0.28

MORIO DENKI 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 0.28 0.26 0.26 0.25 0.28

Competitive Comparison of MORIO DENKI Co's Cyclically Adjusted PS Ratio

For the Electrical Equipment & Parts subindustry, MORIO DENKI 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.


MORIO DENKI Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, MORIO DENKI Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



MORIO DENKI 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.

MORIO DENKI Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1638.00/6454.85
=0.25

* 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.

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

For example, MORIO DENKI Co'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)
=1485.946/107.2000*107.2000
=1,485.946

Current CPI (Mar. 2024) = 107.2000.

MORIO DENKI Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1,165.568 98.000 1,274.989
201409 1,138.622 98.500 1,239.191
201412 1,504.585 97.900 1,647.513
201503 1,525.176 97.900 1,670.060
201506 1,367.870 98.400 1,490.200
201509 1,359.303 98.500 1,479.363
201512 1,340.732 98.100 1,465.102
201603 1,405.374 97.900 1,538.877
201606 954.041 98.100 1,042.540
201609 1,294.847 98.000 1,416.404
201612 1,298.100 98.400 1,414.190
201703 1,530.735 98.100 1,672.730
201706 1,160.569 98.500 1,263.076
201709 1,431.352 98.800 1,553.046
201712 1,590.559 99.400 1,715.371
201803 1,996.736 99.200 2,157.763
201806 1,437.121 99.200 1,553.018
201809 1,499.306 99.900 1,608.865
201812 1,907.680 99.700 2,051.187
201903 1,936.944 99.700 2,082.652
201906 1,213.325 99.800 1,303.291
201909 1,567.751 100.100 1,678.950
201912 2,174.672 100.500 2,319.650
202003 2,220.145 100.300 2,372.877
202006 1,556.493 99.900 1,670.231
202009 1,680.060 99.900 1,802.827
202012 1,683.681 99.300 1,817.629
202103 2,055.111 99.900 2,205.284
202106 1,557.047 99.500 1,677.542
202109 1,337.892 100.100 1,432.787
202112 1,859.033 100.100 1,990.892
202203 1,432.501 101.100 1,518.933
202206 1,766.751 101.800 1,860.469
202209 1,123.220 103.100 1,167.887
202212 1,180.999 104.100 1,216.168
202303 1,673.222 104.400 1,718.098
202306 1,331.049 105.200 1,356.354
202309 1,412.046 106.200 1,425.342
202312 1,186.767 106.800 1,191.212
202403 1,485.946 107.200 1,485.946

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.


MORIO DENKI Co  (TSE:6647) 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.


MORIO DENKI Co Cyclically Adjusted PS Ratio Related Terms

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MORIO DENKI Co Business Description

Traded in Other Exchanges
N/A
Address
4-34-1, Tateishi, Katsushika-ku, Tokyo, JPN, 125-0062
MORIO DENKI CO., Ltd. is an electrical equipment manufacturer. The company supplies various kinds of electric and electronic equipment for public transportation uses, such as rolling stock component parts at the core, traffic information display system, and electric equipment for ships.

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