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Roland (TSE:7944) Cyclically Adjusted PS Ratio : 1.17 (As of May. 26, 2024)


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What is Roland Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Roland's current share price is 円4045.00. Roland's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円3,459.77. Roland's Cyclically Adjusted PS Ratio for today is 1.17.

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

TSE:7944' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.09   Med: 1.25   Max: 1.42
Current: 1.17

During the past years, Roland's highest Cyclically Adjusted PS Ratio was 1.42. The lowest was 1.09. And the median was 1.25.

TSE:7944's Cyclically Adjusted PS Ratio is ranked better than
58.37% of 639 companies
in the Travel & Leisure industry
Industry Median: 1.47 vs TSE:7944: 1.17

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.

Roland's adjusted revenue per share data for the three months ended in Mar. 2024 was 円794.982. 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3,459.77 for the trailing ten years ended in Mar. 2024.

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Roland Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Roland'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.

Roland Cyclically Adjusted PS Ratio Chart

Roland Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
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Roland Quarterly Data
Mar14 Jun14 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 - 1.21 1.18 1.26 1.33

Competitive Comparison of Roland's Cyclically Adjusted PS Ratio

For the Leisure subindustry, Roland'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.


Roland's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Roland's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Roland 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4045.00/3459.77
=1.17

* 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.

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

For example, Roland'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)
=794.982/107.2000*107.2000
=794.982

Current CPI (Mar. 2024) = 107.2000.

Roland Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200903 856.825 95.900 957.786
200906 639.870 95.600 717.511
200909 681.661 95.600 764.373
200912 793.779 94.800 897.607
201003 868.752 95.100 979.287
201006 717.101 94.900 810.045
201009 745.414 94.700 843.805
201012 788.158 94.500 894.080
201103 851.272 94.600 964.655
201106 763.616 94.600 865.324
201109 791.385 94.700 895.844
201112 772.645 94.300 878.341
201203 760.838 95.100 857.643
201206 756.601 94.400 859.191
201209 768.537 94.400 872.745
201212 703.548 94.100 801.491
201303 811.250 94.200 923.206
201306 787.263 94.600 892.120
201309 904.948 95.400 1,016.881
201312 892.408 95.600 1,000.692
201403 1,086.096 95.700 1,216.609
201406 977.031 98.000 1,068.752
201912 0.000 100.500 0.000
202003 531.878 100.300 568.468
202006 519.589 99.900 557.557
202009 661.461 99.900 709.796
202012 652.468 99.300 704.376
202103 797.795 99.900 856.092
202106 737.340 99.500 794.400
202109 629.142 100.100 673.766
202112 690.486 100.100 739.462
202203 749.268 101.100 794.476
202206 792.787 101.800 834.841
202209 782.552 103.100 813.672
202212 1,129.532 104.100 1,163.168
202303 826.769 104.400 848.943
202306 839.172 105.200 855.126
202309 913.764 106.200 922.368
202312 1,119.104 106.800 1,123.295
202403 794.982 107.200 794.982

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.


Roland  (TSE:7944) 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.


Roland Cyclically Adjusted PS Ratio Related Terms

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


Roland (TSE:7944) Business Description

Traded in Other Exchanges
N/A
Address
2036-1 Nakagawa Hosoe-cho, Hamamatsu-shi, Shizuoka, JPN, 431-1304
Roland Corporation is a leisure based goods and services provider in Japan. Its business comprises of the manufacture and sale of electronic musical instruments such as pianos, organs, keyboards, guitar, amplifiers and accessories essential for music creation. The musical instrument production falls under the electronic musical instruments segment, which secures the maximum revenue share for the company. Its other segment is the computer peripherals business. The Computer Peripheral Equipment segment is involved in the development, manufacture, and sale of printers, plotters, and other work machines. Roland Corporation distributes its products predominantly in North America and in Europe and Japan.

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