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Echo Trading Co (TSE:7427) Cyclically Adjusted PS Ratio : 0.08 (As of May. 22, 2024)


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What is Echo Trading Co Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Echo Trading Co's current share price is 円1234.00. Echo Trading Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Nov. 2023 was 円14,941.50. Echo Trading Co's Cyclically Adjusted PS Ratio for today is 0.08.

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

TSE:7427' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.05   Max: 0.1
Current: 0.08

During the past years, Echo Trading Co's highest Cyclically Adjusted PS Ratio was 0.10. The lowest was 0.03. And the median was 0.05.

TSE:7427's Cyclically Adjusted PS Ratio is ranked better than
96.08% of 1376 companies
in the Consumer Packaged Goods industry
Industry Median: 0.82 vs TSE:7427: 0.08

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.

Echo Trading Co's adjusted revenue per share data for the three months ended in Nov. 2023 was 円4,579.058. 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14,941.50 for the trailing ten years ended in Nov. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Echo Trading Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Echo Trading 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.

Echo Trading Co Cyclically Adjusted PS Ratio Chart

Echo Trading Co Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.04 0.05 0.04 0.06

Echo Trading Co Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 0.05 0.06 0.05 0.09 0.10

Competitive Comparison of Echo Trading Co's Cyclically Adjusted PS Ratio

For the Packaged Foods subindustry, Echo Trading 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.


Echo Trading Co's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Echo Trading Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Echo Trading 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.

Echo Trading Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1234.00/14941.5
=0.08

* 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.

Echo Trading Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Nov. 2023 is calculated as:

For example, Echo Trading Co's adjusted Revenue per Share data for the three months ended in Nov. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=4579.058/106.9000*106.9000
=4,579.058

Current CPI (Nov. 2023) = 106.9000.

Echo Trading Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201402 3,073.693 95.500 3,440.605
201405 3,113.177 98.100 3,392.443
201408 3,111.285 98.300 3,383.483
201411 3,185.755 97.900 3,478.623
201502 2,960.954 97.600 3,243.094
201505 3,054.419 98.700 3,308.180
201508 3,156.431 98.400 3,429.090
201511 3,247.762 98.100 3,539.100
201602 3,009.332 97.800 3,289.341
201605 3,234.548 98.200 3,521.112
201608 3,223.105 97.900 3,519.407
201611 3,284.732 98.600 3,561.236
201702 3,128.685 98.100 3,409.342
201705 3,299.882 98.600 3,577.661
201708 3,317.032 98.500 3,599.906
201711 3,416.326 99.100 3,685.219
201802 3,197.789 99.500 3,435.615
201805 3,371.614 99.300 3,629.663
201808 3,319.865 99.800 3,556.048
201811 3,485.718 100.000 3,726.233
201902 3,255.061 99.700 3,490.131
201905 3,416.189 100.000 3,651.906
201908 3,449.862 100.000 3,687.902
201911 3,462.658 100.500 3,683.166
202002 3,170.425 100.300 3,379.047
202005 3,347.538 100.100 3,574.943
202008 3,642.634 100.100 3,890.086
202011 3,694.871 99.500 3,969.665
202102 3,529.117 99.800 3,780.186
202105 3,844.556 99.400 4,134.638
202108 3,850.442 99.700 4,128.508
202111 3,903.294 100.100 4,168.453
202202 3,657.339 100.700 3,882.518
202205 3,864.372 101.800 4,057.970
202208 3,948.481 102.700 4,109.957
202211 4,215.214 103.900 4,336.924
202302 4,061.431 104.000 4,174.682
202305 4,416.707 105.100 4,492.350
202308 4,475.089 105.900 4,517.347
202311 4,579.058 106.900 4,579.058

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.


Echo Trading Co  (TSE:7427) 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.


Echo Trading Co Cyclically Adjusted PS Ratio Related Terms

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


Echo Trading Co (TSE:7427) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 No. 23 in Nishinomiya, Hyogo Prefecture Naruohama 2-chome, Nishinomiya, JPN, 663-8142
Echo Trading Co Ltd is a Japan-based company offering diversified products and services for pets. The company is engaged in specialty store business, wholesale business, product development business, education business, sales promotion business, event business, and internet business. Its specialty store business, wholesale business, and product development business are engaged in the production and distribution of pet food and pet supplies to pet home centers, supermarkets, and drug stores. Its internet business transmits information useful for pet owners and pet lives such as searching for pet-related facilities such as animal hospitals and trimming salons, and travel knowledge on pets.

Echo Trading Co (TSE:7427) Headlines

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