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Precision System Science Co (TSE:7707) Cyclically Adjusted PS Ratio : 0.81 (As of Jun. 17, 2024)


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What is Precision System Science Co Cyclically Adjusted PS Ratio?

As of today (2024-06-17), Precision System Science Co's current share price is 円188.00. Precision System Science Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円233.53. Precision System Science Co's Cyclically Adjusted PS Ratio for today is 0.81.

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

TSE:7707' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.79   Med: 1.86   Max: 14.26
Current: 0.81

During the past years, Precision System Science Co's highest Cyclically Adjusted PS Ratio was 14.26. The lowest was 0.79. And the median was 1.86.

TSE:7707's Cyclically Adjusted PS Ratio is ranked better than
77.57% of 477 companies
in the Medical Devices & Instruments industry
Industry Median: 2.12 vs TSE:7707: 0.81

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.

Precision System Science Co's adjusted revenue per share data for the three months ended in Mar. 2024 was 円33.626. 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233.53 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Precision System Science Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Precision System Science 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.

Precision System Science Co Cyclically Adjusted PS Ratio Chart

Precision System Science Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.83 11.93 3.75 2.23 1.45

Precision System Science 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 1.58 1.45 1.37 1.11 0.89

Competitive Comparison of Precision System Science Co's Cyclically Adjusted PS Ratio

For the Medical Devices subindustry, Precision System Science 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.


Precision System Science Co's Cyclically Adjusted PS Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Precision System Science Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Precision System Science Co's Cyclically Adjusted PS Ratio falls into.



Precision System Science 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.

Precision System Science Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=188.00/233.53
=0.81

* 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.

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

For example, Precision System Science 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)
=33.626/107.2000*107.2000
=33.626

Current CPI (Mar. 2024) = 107.2000.

Precision System Science Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 58.705 98.000 64.216
201409 60.498 98.500 65.841
201412 74.254 97.900 81.308
201503 81.029 97.900 88.726
201506 66.021 98.400 71.925
201509 56.731 98.500 61.742
201512 62.324 98.100 68.105
201603 49.687 97.900 54.407
201606 51.975 98.100 56.796
201609 37.672 98.000 41.209
201612 55.725 98.400 60.709
201703 43.106 98.100 47.105
201706 43.942 98.500 47.823
201709 34.971 98.800 37.944
201712 39.646 99.400 42.757
201803 37.323 99.200 40.333
201806 45.911 99.200 49.614
201809 41.043 99.900 44.042
201812 44.324 99.700 47.658
201903 41.596 99.700 44.725
201906 51.708 99.800 55.542
201909 36.901 100.100 39.518
201912 41.949 100.500 44.746
202003 51.116 100.300 54.632
202006 64.022 99.900 68.700
202009 78.519 99.900 84.257
202012 89.420 99.300 96.534
202103 84.269 99.900 90.427
202106 87.491 99.500 94.262
202109 67.655 100.100 72.454
202112 62.236 100.100 66.650
202203 67.687 101.100 71.771
202206 71.390 101.800 75.177
202209 55.223 103.100 57.419
202212 57.815 104.100 59.537
202303 39.233 104.400 40.285
202306 38.738 105.200 39.474
202309 38.789 106.200 39.154
202312 34.018 106.800 34.145
202403 33.626 107.200 33.626

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.


Precision System Science Co  (TSE:7707) 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.


Precision System Science Co Cyclically Adjusted PS Ratio Related Terms

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


Precision System Science Co (TSE:7707) Business Description

Traded in Other Exchanges
N/A
Address
88 Kami-Hongo, Matsudo, JPN
Precision System Science Co., Ltd is engaged in the development, manufacture, and sale of vitro diagnosis like genetic testing, protein inspection, automation equipment. The company is also engaged in production and sales of reagents and plastic consumables.

Precision System Science Co (TSE:7707) Headlines

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