GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Tachibana Eletech Co Ltd (TSE:8159) » Definitions » Cyclically Adjusted PS Ratio

Tachibana Eletech Co (TSE:8159) Cyclically Adjusted PS Ratio : 0.33 (As of Dec. 12, 2024)


View and export this data going back to 2004. Start your Free Trial

What is Tachibana Eletech Co Cyclically Adjusted PS Ratio?

As of today (2024-12-12), Tachibana Eletech Co's current share price is 円2629.00. Tachibana Eletech Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was 円7,947.42. Tachibana Eletech Co's Cyclically Adjusted PS Ratio for today is 0.33.

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

TSE:8159' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.28   Max: 0.45
Current: 0.34

During the past years, Tachibana Eletech Co's highest Cyclically Adjusted PS Ratio was 0.45. The lowest was 0.21. And the median was 0.28.

TSE:8159's Cyclically Adjusted PS Ratio is ranked better than
82.67% of 1616 companies
in the Hardware industry
Industry Median: 1.31 vs TSE:8159: 0.34

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.

Tachibana Eletech Co's adjusted revenue per share data for the three months ended in Sep. 2024 was 円2,316.142. 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7,947.42 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tachibana Eletech Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Tachibana Eletech 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.

Tachibana Eletech Co Cyclically Adjusted PS Ratio Chart

Tachibana Eletech Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.26 0.25 0.28 0.42

Tachibana Eletech Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.38 0.36 0.42 0.39 0.32

Competitive Comparison of Tachibana Eletech Co's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Tachibana Eletech 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.


Tachibana Eletech Co's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Tachibana Eletech Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Tachibana Eletech 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2629.00/7947.42
=0.33

* 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.

Tachibana Eletech Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Tachibana Eletech Co's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=2316.142/108.9000*108.9000
=2,316.142

Current CPI (Sep. 2024) = 108.9000.

Tachibana Eletech Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 1,295.454 97.900 1,441.011
201503 1,789.239 97.900 1,990.277
201506 1,446.076 98.400 1,600.383
201509 1,607.778 98.500 1,777.533
201512 1,563.122 98.100 1,735.209
201603 1,629.923 97.900 1,813.060
201606 1,345.671 98.100 1,493.818
201609 1,629.030 98.000 1,810.218
201612 1,469.718 98.400 1,626.548
201703 1,846.264 98.100 2,049.522
201706 1,494.909 98.500 1,652.747
201709 1,791.355 98.800 1,974.479
201712 1,854.867 99.400 2,032.143
201803 1,924.284 99.200 2,112.445
201806 1,635.470 99.200 1,795.390
201809 1,939.380 99.900 2,114.099
201812 1,714.331 99.700 1,872.524
201903 1,956.692 99.700 2,137.249
201906 1,502.338 99.800 1,639.325
201909 1,819.360 100.100 1,979.304
201912 1,567.517 100.500 1,698.533
202003 1,868.096 100.300 2,028.272
202006 1,375.362 99.900 1,499.268
202009 1,596.719 99.900 1,740.568
202012 1,523.496 99.300 1,670.783
202103 1,901.181 99.900 2,072.459
202106 1,716.884 99.500 1,879.082
202109 1,892.979 100.100 2,059.395
202112 1,914.375 100.100 2,082.672
202203 2,153.331 101.100 2,319.463
202206 2,045.000 101.800 2,187.628
202209 2,360.397 103.100 2,493.184
202212 2,346.225 104.100 2,454.408
202303 2,347.025 104.400 2,448.190
202306 2,251.501 105.200 2,330.689
202309 2,418.476 106.200 2,479.963
202312 2,304.889 106.800 2,350.210
202403 2,499.316 107.200 2,538.951
202406 2,163.085 108.200 2,177.079
202409 2,316.142 108.900 2,316.142

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.


Tachibana Eletech Co  (TSE:8159) 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.


Tachibana Eletech Co Cyclically Adjusted PS Ratio Related Terms

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


Tachibana Eletech Co Business Description

Traded in Other Exchanges
N/A
Address
1-13-25, Nishi-honmachi, Nishi-ku, Osaka, JPN, 550-8555
Tachibana Eletech Co Ltd is a Japan based technology driven company engaged in the sale of factory automation systems. It operates in the segments of Factory automation systems business, Semiconductors and electronic devices business, and Building services systems business. The company derives a majority of the revenue from the Factory automation systems business, which involves products and services like programmable controllers, inverters, AC servos, various types of motors, power distribution control equipment and control devices, industrial robots, and other products. It has a business presence in Japan and various other countries.

Tachibana Eletech Co Headlines

No Headlines