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Iwasaki Electric Co (TSE:6924) Cyclically Adjusted PS Ratio : 0.56 (As of Jun. 10, 2024)


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What is Iwasaki Electric Co Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Iwasaki Electric Co's current share price is 円4450.00. Iwasaki Electric Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2022 was 円7,904.48. Iwasaki Electric Co's Cyclically Adjusted PS Ratio for today is 0.56.

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

TSE:6924's Cyclically Adjusted PS Ratio is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 0.84
* Ranked among companies with meaningful Cyclically Adjusted PS Ratio only.

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.

Iwasaki Electric Co's adjusted revenue per share data for the three months ended in Dec. 2022 was 円2,026.663. 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7,904.48 for the trailing ten years ended in Dec. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


Iwasaki Electric Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Iwasaki 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.

Iwasaki Electric Co Cyclically Adjusted PS Ratio Chart

Iwasaki Electric Co Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 189,749.70 164,055.68 149,219.93 184,676.35 267,795.24

Iwasaki Electric Co Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 275,045.61 267,795.24 304,706.83 291,999.46 259,260.74

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

For the Furnishings, Fixtures & Appliances subindustry, Iwasaki 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.


Iwasaki Electric Co's Cyclically Adjusted PS Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Iwasaki Electric Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Iwasaki 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4450.00/7904.48
=0.56

* 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.

Iwasaki Electric Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2022 is calculated as:

For example, Iwasaki Electric Co's adjusted Revenue per Share data for the three months ended in Dec. 2022 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=2026.663/104.1000*104.1000
=2,026.663

Current CPI (Dec. 2022) = 104.1000.

Iwasaki Electric Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201303 2,461.952 94.200 2,720.692
201306 1,203.818 94.600 1,324.709
201309 1,854.934 95.400 2,024.095
201312 1,780.048 95.600 1,938.316
201403 2,828.583 95.700 3,076.860
201406 1,289.997 98.000 1,370.293
201409 1,842.834 98.500 1,947.604
201412 1,883.168 97.900 2,002.429
201503 2,980.637 97.900 3,169.401
201506 1,399.355 98.400 1,480.415
201509 1,914.885 98.500 2,023.752
201512 1,928.197 98.100 2,046.130
201603 2,584.454 97.900 2,748.127
201606 1,430.473 98.100 1,517.964
201609 1,792.630 98.000 1,904.212
201612 1,697.015 98.400 1,795.318
201703 2,588.547 98.100 2,746.868
201706 1,300.801 98.500 1,374.755
201709 1,864.400 98.800 1,964.413
201712 1,745.088 99.400 1,827.602
201803 2,500.582 99.200 2,624.099
201806 1,230.252 99.200 1,291.020
201809 1,722.689 99.900 1,795.114
201812 1,705.753 99.700 1,781.032
201903 2,323.335 99.700 2,425.869
201906 1,376.341 99.800 1,435.642
201909 1,900.520 100.100 1,976.465
201912 1,755.158 100.500 1,818.029
202003 2,703.996 100.300 2,806.441
202006 1,229.359 99.900 1,281.044
202009 1,701.990 99.900 1,773.545
202012 1,888.493 99.300 1,979.780
202103 2,243.674 99.900 2,338.003
202106 1,233.488 99.500 1,290.514
202109 1,709.790 100.100 1,778.113
202112 1,721.610 100.100 1,790.406
202203 2,523.835 101.100 2,598.726
202206 1,227.731 101.800 1,255.470
202209 1,955.870 103.100 1,974.841
202212 2,026.663 104.100 2,026.663

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.


Iwasaki Electric Co  (TSE:6924) 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.


Iwasaki Electric Co Cyclically Adjusted PS Ratio Related Terms

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


Iwasaki Electric Co (TSE:6924) Business Description

Traded in Other Exchanges
N/A
Address
Bakurocho-daiichi Building 1-4-16, Nihonbashi-bakurocho, Chuo-ku, Tokyo, JPN, 103-0002
Iwasaki Electric Co., Ltd is a supplier of lighting products and industrial systems. The product line includes - lights for streets, tunnels, security, landscape lighting, sports lighting, factory lighting, commercial lighting, information display systems, and environment simulation systems.

Iwasaki Electric Co (TSE:6924) Headlines

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