GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Casio Computer Co Ltd (TSE:6952) » Definitions » Cyclically Adjusted PS Ratio

Casio Computer Co (TSE:6952) Cyclically Adjusted PS Ratio : 0.93 (As of May. 17, 2024)


View and export this data going back to 1970. Start your Free Trial

What is Casio Computer Co Cyclically Adjusted PS Ratio?

As of today (2024-05-17), Casio Computer Co's current share price is 円1165.00. Casio Computer Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円1,251.14. Casio Computer Co's Cyclically Adjusted PS Ratio for today is 0.93.

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

TSE:6952' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.93   Med: 1.23   Max: 2.16
Current: 0.93

During the past years, Casio Computer Co's highest Cyclically Adjusted PS Ratio was 2.16. The lowest was 0.93. And the median was 1.23.

TSE:6952's Cyclically Adjusted PS Ratio is ranked better than
54.32% of 1920 companies
in the Hardware industry
Industry Median: 1.065 vs TSE:6952: 0.93

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.

Casio Computer Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円291.755. 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1,251.14 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Casio Computer Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Casio Computer 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.

Casio Computer Co Cyclically Adjusted PS Ratio Chart

Casio Computer 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 1.14 1.23 1.74 1.17 1.05

Casio Computer 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 1.09 1.05 0.95 1.00 0.98

Competitive Comparison of Casio Computer Co's Cyclically Adjusted PS Ratio

For the Consumer Electronics subindustry, Casio Computer 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.


Casio Computer Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Casio Computer 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.

Casio Computer Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1165.00/1251.14
=0.93

* 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.

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

For example, Casio Computer 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)
=291.755/106.8000*106.8000
=291.755

Current CPI (Dec. 2023) = 106.8000.

Casio Computer Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 333.487 95.700 372.167
201406 268.603 98.000 292.722
201409 328.619 98.500 356.310
201412 318.889 97.900 347.879
201503 350.294 97.900 382.139
201506 298.435 98.400 323.911
201509 355.072 98.500 384.992
201512 329.876 98.100 359.131
201603 343.621 97.900 374.859
201606 284.148 98.100 309.348
201609 315.477 98.000 343.806
201612 293.786 98.400 318.865
201703 351.499 98.100 382.672
201706 277.778 98.500 301.185
201709 333.215 98.800 360.196
201712 310.218 99.400 333.313
201803 331.637 99.200 357.045
201806 265.844 99.200 286.211
201809 311.791 99.900 333.326
201812 291.044 99.700 311.770
201903 317.920 99.700 340.560
201906 263.745 99.800 282.244
201909 327.418 100.100 349.333
201912 302.905 100.500 321.893
202003 252.578 100.300 268.946
202006 164.931 99.900 176.323
202009 263.226 99.900 281.407
202012 257.923 99.300 277.404
202103 251.454 99.900 268.822
202106 244.740 99.500 262.696
202109 274.217 100.100 292.571
202112 281.474 100.100 300.314
202203 240.100 101.100 253.637
202206 255.728 101.800 268.288
202209 301.083 103.100 311.888
202212 283.743 104.100 291.102
202303 261.831 104.400 267.850
202306 263.239 105.200 267.243
202309 303.535 106.200 305.250
202312 291.755 106.800 291.755

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.


Casio Computer Co  (TSE:6952) 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.


Casio Computer Co Cyclically Adjusted PS Ratio Related Terms

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


Casio Computer Co (TSE:6952) Business Description

Industry
Traded in Other Exchanges
Address
6-2, Hon-machi 1-chome, Shibuya-ku, Tokyo, JPN, 151-8543
Casio Computer is well-known as a watch and calculator manufacturer. Casio, founded in 1957, has cultivated the consumer electronics market by inventing distinctive products. Milestones in its history include the Casio Mini (1972), the world's first personal electronic calculator; G-Shock (1983), a shock-resistant wristwatch; and QV-10 (1995), the world's first digital camera with an LCD display. Approximately 60% of its revenue and most of its profits are from the timepieces segment.

Casio Computer Co (TSE:6952) Headlines

No Headlines