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Nakanishi (TSE:7716) Cyclically Adjusted PS Ratio : 5.10 (As of May. 01, 2024)


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What is Nakanishi Cyclically Adjusted PS Ratio?

As of today (2024-05-01), Nakanishi's current share price is 円2423.00. Nakanishi's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円475.34. Nakanishi's Cyclically Adjusted PS Ratio for today is 5.10.

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

TSE:7716' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.85   Med: 6.16   Max: 8.36
Current: 4.97

During the past years, Nakanishi's highest Cyclically Adjusted PS Ratio was 8.36. The lowest was 3.85. And the median was 6.16.

TSE:7716's Cyclically Adjusted PS Ratio is ranked worse than
70.15% of 469 companies
in the Medical Devices & Instruments industry
Industry Median: 2.12 vs TSE:7716: 4.97

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.

Nakanishi's adjusted revenue per share data for the three months ended in Dec. 2023 was 円215.644. 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475.34 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nakanishi Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Nakanishi'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.

Nakanishi Cyclically Adjusted PS Ratio Chart

Nakanishi Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.03 6.41 5.54 5.99 4.99

Nakanishi 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 5.99 6.01 7.08 7.59 4.99

Competitive Comparison of Nakanishi's Cyclically Adjusted PS Ratio

For the Medical Instruments & Supplies subindustry, Nakanishi'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.


Nakanishi's Cyclically Adjusted PS Ratio Distribution in the Medical Devices & Instruments Industry

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

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



Nakanishi 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.

Nakanishi's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2423.00/475.34
=5.10

* 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.

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

For example, Nakanishi'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)
=215.644/106.8000*106.8000
=215.644

Current CPI (Dec. 2023) = 106.8000.

Nakanishi Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 91.035 95.700 101.594
201406 84.849 98.000 92.468
201409 83.901 98.500 90.971
201412 91.904 97.900 100.259
201503 86.457 97.900 94.317
201506 90.082 98.400 97.772
201509 88.653 98.500 96.123
201512 100.178 98.100 109.062
201603 88.024 97.900 96.026
201606 91.893 98.100 100.043
201609 86.931 98.000 94.737
201612 100.029 98.400 108.568
201703 89.670 98.100 97.622
201706 99.895 98.500 108.313
201709 99.541 98.800 107.601
201712 106.606 99.400 114.542
201803 105.975 99.200 114.094
201806 111.769 99.200 120.332
201809 97.221 99.900 103.936
201812 106.022 99.700 113.572
201903 95.244 99.700 102.027
201906 103.547 99.800 110.810
201909 101.921 100.100 108.743
201912 107.205 100.500 113.925
202003 83.984 100.300 89.427
202006 73.685 99.900 78.774
202009 98.898 99.900 105.729
202012 124.114 99.300 133.488
202103 130.564 99.900 139.582
202106 134.444 99.500 144.308
202109 120.442 100.100 128.504
202112 131.708 100.100 140.524
202203 138.821 101.100 146.648
202206 145.023 101.800 152.146
202209 135.652 103.100 140.520
202212 146.826 104.100 150.634
202303 159.552 104.400 163.220
202306 171.659 105.200 174.270
202309 151.695 106.200 152.552
202312 215.644 106.800 215.644

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.


Nakanishi  (TSE:7716) 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.


Nakanishi Cyclically Adjusted PS Ratio Related Terms

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


Nakanishi (TSE:7716) Business Description

Traded in Other Exchanges
Address
700 Shimohinata, Kanuma-shi, Tochigi, JPN
Nakanishi Inc manufactures high-speed rotary cutting technology for the dental industry and the medical industry more broadly. The company distributes its products to countries internationally, earning most of its revenue overseas. The company operates via three business segments. The dental product segment manufactures and sells handpieces for dental treatment, mechanical micro motors and handpieces as well as handpieces for surgeries. The industrial product segment manufactures and sells grinders for manual works and spindles for machinery attachment. The others segment provides inspection and repair services for its dental and medical equipment and general industrial cutting and grinding equipment.

Nakanishi (TSE:7716) Headlines

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