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SK-Electronics Co (TSE:6677) Cyclically Adjusted PS Ratio : 1.50 (As of May. 02, 2024)


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What is SK-Electronics Co Cyclically Adjusted PS Ratio?

As of today (2024-05-02), SK-Electronics Co's current share price is 円3220.00. SK-Electronics Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円2,151.17. SK-Electronics Co's Cyclically Adjusted PS Ratio for today is 1.50.

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

TSE:6677' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.43   Med: 0.78   Max: 1.87
Current: 1.48

During the past years, SK-Electronics Co's highest Cyclically Adjusted PS Ratio was 1.87. The lowest was 0.43. And the median was 0.78.

TSE:6677's Cyclically Adjusted PS Ratio is ranked worse than
60.65% of 1906 companies
in the Hardware industry
Industry Median: 1.03 vs TSE:6677: 1.48

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.

SK-Electronics Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円620.884. 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2,151.17 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


SK-Electronics Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for SK-Electronics 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.

SK-Electronics Co Cyclically Adjusted PS Ratio Chart

SK-Electronics Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.09 0.63 0.54 0.62 1.42

SK-Electronics 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 0.56 0.87 0.83 1.42 1.78

Competitive Comparison of SK-Electronics Co's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, SK-Electronics 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.


SK-Electronics Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



SK-Electronics 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.

SK-Electronics Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3220.00/2151.17
=1.50

* 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.

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

For example, SK-Electronics 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)
=620.884/106.8000*106.8000
=620.884

Current CPI (Dec. 2023) = 106.8000.

SK-Electronics Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 490.281 95.700 547.147
201406 480.861 98.000 524.040
201409 396.877 98.500 430.319
201412 445.381 97.900 485.870
201503 488.057 97.900 532.426
201506 376.346 98.400 408.473
201509 444.791 98.500 482.271
201512 395.102 98.100 430.142
201603 323.837 97.900 353.277
201606 401.936 98.100 437.582
201609 304.724 98.000 332.087
201612 367.130 98.400 398.470
201703 370.526 98.100 403.386
201706 391.858 98.500 424.878
201709 451.117 98.800 487.645
201712 558.328 99.400 599.894
201803 380.116 99.200 409.238
201806 552.358 99.200 594.676
201809 662.161 99.900 707.896
201812 633.364 99.700 678.468
201903 667.024 99.700 714.525
201906 646.676 99.800 692.034
201909 500.695 100.100 534.208
201912 500.523 100.500 531.899
202003 508.014 100.300 540.936
202006 407.919 99.900 436.094
202009 405.224 99.900 433.212
202012 429.278 99.300 461.701
202103 421.843 99.900 450.979
202106 528.493 99.500 567.267
202109 569.103 100.100 607.195
202112 476.051 100.100 507.915
202203 517.945 101.100 547.147
202206 702.744 101.800 737.260
202209 681.290 103.100 705.740
202212 720.848 104.100 739.544
202303 616.372 104.400 630.541
202306 685.955 105.200 696.388
202309 684.165 106.200 688.030
202312 620.884 106.800 620.884

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.


SK-Electronics Co  (TSE:6677) 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.


SK-Electronics Co Cyclically Adjusted PS Ratio Related Terms

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


SK-Electronics Co (TSE:6677) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Kyoto-ku Nagori Higashi-Horiba Ichijo Le 432, Kamigyo-ku, Tomitomita cho, Kyoto, JPN, 602-0955
SK-Electronics CO., LTD. manufactures and sells large photomasks for liquid crystal displays and electric devices. The company also manufactures various circuit inspection boards.

SK-Electronics Co (TSE:6677) Headlines

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