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Takano Co (TSE:7885) Cyclically Adjusted PS Ratio : 0.60 (As of Jun. 12, 2024)


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What is Takano Co Cyclically Adjusted PS Ratio?

As of today (2024-06-12), Takano Co's current share price is 円915.00. Takano Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円1,537.33. Takano Co's Cyclically Adjusted PS Ratio for today is 0.60.

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

TSE:7885' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.39   Med: 0.55   Max: 0.87
Current: 0.6

During the past years, Takano Co's highest Cyclically Adjusted PS Ratio was 0.87. The lowest was 0.39. And the median was 0.55.

TSE:7885's Cyclically Adjusted PS Ratio is ranked better than
59.68% of 315 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.84 vs TSE:7885: 0.60

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.

Takano Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円395.722. 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1,537.33 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Takano Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Takano 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.

Takano Co Cyclically Adjusted PS Ratio Chart

Takano 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 0.69 0.58 0.46 0.53 0.49

Takano 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 0.47 0.49 0.54 0.58 0.61

Competitive Comparison of Takano Co's Cyclically Adjusted PS Ratio

For the Furnishings, Fixtures & Appliances subindustry, Takano 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.


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

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

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



Takano 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=915.00/1537.33
=0.60

* 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.

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

For example, Takano 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)
=395.722/106.8000*106.8000
=395.722

Current CPI (Dec. 2023) = 106.8000.

Takano Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 403.471 95.700 450.269
201406 294.294 98.000 320.720
201409 268.397 98.500 291.013
201412 250.031 97.900 272.761
201503 396.694 97.900 432.757
201506 207.533 98.400 225.249
201509 415.288 98.500 450.282
201512 275.747 98.100 300.202
201603 508.499 97.900 554.726
201606 316.256 98.100 344.303
201609 307.378 98.000 334.979
201612 337.102 98.400 365.879
201703 480.262 98.100 522.854
201706 307.645 98.500 333.568
201709 308.616 98.800 333.605
201712 300.541 99.400 322.915
201803 510.971 99.200 550.118
201806 377.895 99.200 406.847
201809 343.816 99.900 367.563
201812 334.824 99.700 358.668
201903 500.277 99.700 535.904
201906 342.216 99.800 366.219
201909 335.893 100.100 358.375
201912 352.974 100.500 375.101
202003 439.453 100.300 467.932
202006 193.625 99.900 206.998
202009 312.768 99.900 334.371
202012 309.585 99.300 332.968
202103 503.450 99.900 538.223
202106 313.832 99.500 336.857
202109 343.700 100.100 366.705
202112 323.172 100.100 344.803
202203 515.233 101.100 544.282
202206 301.015 101.800 315.800
202209 370.517 103.100 383.814
202212 336.871 104.100 345.608
202303 505.014 104.400 516.624
202306 363.972 105.200 369.508
202309 396.002 106.200 398.239
202312 395.722 106.800 395.722

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.


Takano Co  (TSE:7885) 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.


Takano Co Cyclically Adjusted PS Ratio Related Terms

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


Takano Co (TSE:7885) Business Description

Traded in Other Exchanges
N/A
Address
137 Miyada-mura, Kamiina-gun, Nagano, JPN, 399-4301
Takano Co Ltd provides business equipment. The company is engaged in the manufacturing and sales of office chairs and other office furniture, springs, exterior products, electronics-related products, and equipment for health and welfare.

Takano Co (TSE:7885) Headlines

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